The Georgia Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank is a legally binding document that outlines the terms and conditions for the Naveen Tax Free Unit Trust, Series 1140 in the state of Georgia. This agreement ensures the proper management and operation of the trust, protecting the interests of both John Naveen and Co., Inc. and Chase Manhattan Bank. The Georgia Trust Indenture and Agreement contain various key provisions and clauses that aim to govern the relationship between the two parties involved. It defines the roles and responsibilities of each party and establishes guidelines for the administration and distribution of the trust assets. Additionally, it outlines the rights and obligations of the parties, including any reporting requirements and the procedures for making changes to the trust. The agreement may include the following types of provisions: 1. Trust Purpose and Objectives: This section details the purpose and objectives of the Naveen Tax Free Unit Trust, Series 1140. It may outline the investment goals, income distribution guidelines, and risk management strategies. 2. Trust Assets: This provision specifies the assets held by the trust, which may include tax-free securities, bonds, or other eligible financial instruments. It also clarifies any restrictions or guidelines for adding or removing assets from the trust. 3. Trust Management: This section outlines the roles and responsibilities of John Naveen and Co., Inc. as the trust management company and Chase Manhattan Bank as the trustee. It may detail the compensation arrangements for the trustee and the procedures for decision-making and record-keeping. 4. Income Distribution: This provision discusses the procedures for distributing income or dividends generated by the trust assets to the trust beneficiaries. It may specify the frequency and timing of distributions and any tax considerations. 5. Reporting and Accounting: This section outlines the reporting requirements for John Naveen and Co., Inc. and Chase Manhattan Bank. It may include provisions for regular financial statements, audits, and tax reporting, ensuring transparency and accountability. 6. Amendments and Termination: This provision outlines the procedures for making changes to the trust agreement, such as modifying the investment strategy or amending the distribution guidelines. It may also cover the conditions for terminating the trust. These are some important components found in the Georgia 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.