Kansas Trust Indenture and Agreement between John Nuveen and Co., Inc. and Chase Manhattan Bank regarding terms and conditions for Nuveen Tax Free Unit Trust, Series 1140

• Category: Corporations - Public - Agreements - Trusts
• State: Multi-State
• Control #: US-EG-9266
• Format: Word; Rich Text

Description

Trust Indenture and Agreement between John Nuveen and Company, Inc. and The Chase Manhattan Bank regarding terms and conditions of trust for Nuveen Tax Free Unit Trust, Series 1140 dated January 4, 2000. 5 pages. A Kansas Trust Indenture and Agreement is a legally binding document between John Naveen and Co., Inc. and Chase Manhattan Bank that establishes the terms and conditions for the Naveen Tax Free Unit Trust, Series 1140. This agreement outlines the rights and responsibilities of the parties involved, ensuring a transparent and secure investment process for the investors. Under the provisions of this trust indenture and agreement, John Naveen and Co., Inc. serves as the issuer of the Naveen Tax Free Unit Trust, Series 1140, while Chase Manhattan Bank acts as the trustee. The agreement defines the roles, powers, and limitations of each party, ensuring the smooth functioning of the trust. The Kansas Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank includes various important provisions such as: 1. Purpose and Objective: It outlines the specific purpose and investment objectives of the Naveen Tax Free Unit Trust, Series 1140, which typically focuses on providing tax-free income to investors. 2. Rights and Duties of the Trustee: Chase Manhattan Bank, as the trustee, is responsible for managing the assets of the trust in accordance with the stated investment objectives, and exercising its fiduciary duties towards the investors. 3. Rights and Duties of the Issuer: John Naveen and Co., Inc. is responsible for issuing the trust units and ensuring compliance with applicable laws and regulations. They also provide investment advisory services and manage the portfolio of assets within the trust. 4. Redemption Provisions: The agreement defines the conditions and procedures for redeeming trust units, including any applicable fees or penalties. 5. Distribution and Income: It specifies how income generated by the trust's assets will be distributed to the unit holders, ensuring regular and timely payments. 6. Modification or Termination: The trust indenture and agreement outline the circumstances under which the terms of the agreement can be modified or the trust can be terminated. It's worth noting that while this description focuses on the Naveen Tax Free Unit Trust, Series 1140, there might be other series or variations of the Kansas Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank specific to different investment vehicles or specific investment strategies offered by Naveen. However, without specific information, it is difficult to provide the names or details of these variations.

A Kansas Trust Indenture and Agreement is a legally binding document between John Naveen and Co., Inc. and Chase Manhattan Bank that establishes the terms and conditions for the Naveen Tax Free Unit Trust, Series 1140. This agreement outlines the rights and responsibilities of the parties involved, ensuring a transparent and secure investment process for the investors. Under the provisions of this trust indenture and agreement, John Naveen and Co., Inc. serves as the issuer of the Naveen Tax Free Unit Trust, Series 1140, while Chase Manhattan Bank acts as the trustee. The agreement defines the roles, powers, and limitations of each party, ensuring the smooth functioning of the trust. The Kansas Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank includes various important provisions such as: 1. Purpose and Objective: It outlines the specific purpose and investment objectives of the Naveen Tax Free Unit Trust, Series 1140, which typically focuses on providing tax-free income to investors. 2. Rights and Duties of the Trustee: Chase Manhattan Bank, as the trustee, is responsible for managing the assets of the trust in accordance with the stated investment objectives, and exercising its fiduciary duties towards the investors. 3. Rights and Duties of the Issuer: John Naveen and Co., Inc. is responsible for issuing the trust units and ensuring compliance with applicable laws and regulations. They also provide investment advisory services and manage the portfolio of assets within the trust. 4. Redemption Provisions: The agreement defines the conditions and procedures for redeeming trust units, including any applicable fees or penalties. 5. Distribution and Income: It specifies how income generated by the trust's assets will be distributed to the unit holders, ensuring regular and timely payments. 6. Modification or Termination: The trust indenture and agreement outline the circumstances under which the terms of the agreement can be modified or the trust can be terminated. It's worth noting that while this description focuses on the Naveen Tax Free Unit Trust, Series 1140, there might be other series or variations of the Kansas Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank specific to different investment vehicles or specific investment strategies offered by Naveen. However, without specific information, it is difficult to provide the names or details of these variations.