Maryland 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. The Maryland Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank outlines the terms and conditions that govern the Naveen Tax Free Unit Trust, Series 1140. This agreement sets forth the rules and obligations for all parties involved in the trust, ensuring a transparent and legally binding structure. Here are the key details and provisions covered in the agreement: 1. Parties Involved: The agreement is made between two entities, John Naveen and Co., Inc. (the sponsor or issuer of the trust) and Chase Manhattan Bank (the trustee). 2. Purpose and Objectives: The trust aims to provide tax-free investment options for investors. It offers a diversified portfolio of municipal bonds with the goal of generating income exempt from federal and, if applicable, state and local income taxes. 3. Trust Structure: The agreement outlines the organizational structure of the trust, including its formation, duration, and termination provisions. It describes the responsibilities and role of the trustee in managing the trust assets in accordance with the stated objectives. 4. Trust Units: The agreement defines the nature and characteristics of the trust units, which represent ownership interests in the trust. It lays out the terms for the creation, redemption, and transfer of these units. 5. Investment Guidelines: The agreement establishes the investment parameters and restrictions for the trust assets. It sets forth the types of securities that can be held, diversification requirements, and any limitations on leveraging or borrowing. 6. Management Fees: The agreement may include details regarding the compensation structure for the trustee and any other service providers involved in the management of the trust. It specifies the basis on which fees are calculated and when they are payable. 7. Reporting and Communication: The agreement stipulates the frequency and format of reporting to unit holders, providing essential information about the trust's performance and holdings. It also outlines procedures for communication and notification between the trustee and the issuer. 8. Amendments and Termination: The agreement addresses the process for making any amendments to the trust indenture in the future. It also sets out the circumstances under which the trust can be terminated or dissolved. Additional Types of Maryland 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 variations specific to different unit trust series or for subsequent updates to the original agreement. It's important to note that the actual content and specific terms of the Maryland Trust Indenture and Agreement may vary. It is advisable to refer to the specific agreement for Naveen Tax Free Unit Trust, Series 1140 for accurate and comprehensive information.

The Maryland Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank outlines the terms and conditions that govern the Naveen Tax Free Unit Trust, Series 1140. This agreement sets forth the rules and obligations for all parties involved in the trust, ensuring a transparent and legally binding structure. Here are the key details and provisions covered in the agreement: 1. Parties Involved: The agreement is made between two entities, John Naveen and Co., Inc. (the sponsor or issuer of the trust) and Chase Manhattan Bank (the trustee). 2. Purpose and Objectives: The trust aims to provide tax-free investment options for investors. It offers a diversified portfolio of municipal bonds with the goal of generating income exempt from federal and, if applicable, state and local income taxes. 3. Trust Structure: The agreement outlines the organizational structure of the trust, including its formation, duration, and termination provisions. It describes the responsibilities and role of the trustee in managing the trust assets in accordance with the stated objectives. 4. Trust Units: The agreement defines the nature and characteristics of the trust units, which represent ownership interests in the trust. It lays out the terms for the creation, redemption, and transfer of these units. 5. Investment Guidelines: The agreement establishes the investment parameters and restrictions for the trust assets. It sets forth the types of securities that can be held, diversification requirements, and any limitations on leveraging or borrowing. 6. Management Fees: The agreement may include details regarding the compensation structure for the trustee and any other service providers involved in the management of the trust. It specifies the basis on which fees are calculated and when they are payable. 7. Reporting and Communication: The agreement stipulates the frequency and format of reporting to unit holders, providing essential information about the trust's performance and holdings. It also outlines procedures for communication and notification between the trustee and the issuer. 8. Amendments and Termination: The agreement addresses the process for making any amendments to the trust indenture in the future. It also sets out the circumstances under which the trust can be terminated or dissolved. Additional Types of Maryland 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 variations specific to different unit trust series or for subsequent updates to the original agreement. It's important to note that the actual content and specific terms of the Maryland Trust Indenture and Agreement may vary. It is advisable to refer to the specific agreement for Naveen Tax Free Unit Trust, Series 1140 for accurate and comprehensive information.