The Florida Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank serves as a legally binding contract outlining the terms and conditions for the Naveen Tax Free Unit Trust, Series 1140. This agreement serves to protect the interests of both parties involved, ensuring compliance and accountability. Key terms covered in this agreement include the following: 1. Trustee Responsibilities: The agreement defines the role and responsibilities of Chase Manhattan Bank as the trustee of the Naveen Tax Free Unit Trust, Series 1140. This includes managing the assets of the trust, executing investment decisions, and distributing income to the beneficiaries. 2. Investment Guidelines: The trust indenture sets out specific guidelines for the types of investments that can be made by the trustee. These guidelines may include restrictions on the types of securities that can be purchased, asset allocation limits, and risk management practices. 3. Distribution of Income: The agreement outlines how income generated by the trust's investment portfolio should be distributed to the beneficiaries. This may include regular income distributions or reinvestment options. 4. Beneficiary Rights: The trust indenture specifies the rights and privileges of the beneficiaries of the Naveen Tax Free Unit Trust, Series 1140. This may include the right to receive income distributions, voting rights on certain matters, and the ability to request changes to the trust arrangement. 5. Termination and Amendment: The agreement outlines the circumstances under which the trust can be terminated or amended. This may include provisions for the trustee or the beneficiaries to request changes to the trust structure or to dissolve the trust altogether. Different types of Florida Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank regarding terms and conditions for Naveen Tax Free Unit Trust, Series 1140 may include those tailored for specific asset classes or investment strategies. These variations may be created to accommodate the unique needs and goals of different types of investors, such as those seeking conservative or aggressive investment approaches. It is important to note that the specific details and variants of the Florida Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank may vary based on individual circumstances and financial goals.