Missouri 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 Missouri Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank details the terms and conditions for the Naveen Tax Free Unit Trust, Series 1140. This legal document outlines the obligations, rights, and responsibilities of both parties involved in the administration and management of the trust. The agreement establishes the roles of John Naveen and Co., Inc. as the trustee, and Chase Manhattan Bank as the custodian. It defines their respective duties and mandates their compliance with applicable laws and regulations. Key provisions in the trust indenture and agreement may include: 1. Trust Purpose and Objectives: The document specifies the purpose of the trust, which is to provide tax-free investment opportunities for investors seeking income exempt from federal and Missouri state income tax. It also outlines the trust's investment objectives, permissible securities, and guidelines for portfolio management. 2. Appointment and Responsibilities of Trustee and Custodian: The roles of John Naveen and Co., Inc. as the trustee and Chase Manhattan Bank as the custodian are clearly defined. The trustee is responsible for overseeing the trust's operations, making investment decisions, collecting income, and distributing proceeds to unit holders. The custodian is entrusted with the safekeeping of the trust's assets and ensuring compliance with regulatory requirements. 3. Units and Unit Holder Rights: The agreement describes the creation, issuance, and redemption of units in the Naveen Tax Free Unit Trust, Series 1140. It delineates the rights, privileges, and obligations of unit holders, including voting rights and entitlements to income distributions. 4. Income Distributions and Expenses: Details regarding the frequency and methods of income distributions to unit holders are outlined, as well as the trust's policies on expense reimbursement and compensation for services provided by the trustee and custodian. 5. Reporting and Record keeping: The agreement specifies the trustee's obligation to maintain accurate and up-to-date records of the trust's transactions, including the preparation of periodic reports for unit holders. It also outlines the procedures for regulatory filings and audits. 6. Termination and Amendment: The document may include provisions for the termination or amendment of the trust, specifying the conditions and procedures required for such actions. It may also address the distribution of assets in the event of termination. It's important to note that the specific terms and conditions within this Missouri Trust Indenture and Agreement can vary depending on the individual series or portfolio number associated with the Naveen Tax Free Unit Trust. Therefore, it is necessary to consult the specific indenture and agreement for Naveen Tax Free Unit Trust, Series 1140, to obtain precise details relevant to that particular trust series.

The Missouri Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank details the terms and conditions for the Naveen Tax Free Unit Trust, Series 1140. This legal document outlines the obligations, rights, and responsibilities of both parties involved in the administration and management of the trust. The agreement establishes the roles of John Naveen and Co., Inc. as the trustee, and Chase Manhattan Bank as the custodian. It defines their respective duties and mandates their compliance with applicable laws and regulations. Key provisions in the trust indenture and agreement may include: 1. Trust Purpose and Objectives: The document specifies the purpose of the trust, which is to provide tax-free investment opportunities for investors seeking income exempt from federal and Missouri state income tax. It also outlines the trust's investment objectives, permissible securities, and guidelines for portfolio management. 2. Appointment and Responsibilities of Trustee and Custodian: The roles of John Naveen and Co., Inc. as the trustee and Chase Manhattan Bank as the custodian are clearly defined. The trustee is responsible for overseeing the trust's operations, making investment decisions, collecting income, and distributing proceeds to unit holders. The custodian is entrusted with the safekeeping of the trust's assets and ensuring compliance with regulatory requirements. 3. Units and Unit Holder Rights: The agreement describes the creation, issuance, and redemption of units in the Naveen Tax Free Unit Trust, Series 1140. It delineates the rights, privileges, and obligations of unit holders, including voting rights and entitlements to income distributions. 4. Income Distributions and Expenses: Details regarding the frequency and methods of income distributions to unit holders are outlined, as well as the trust's policies on expense reimbursement and compensation for services provided by the trustee and custodian. 5. Reporting and Record keeping: The agreement specifies the trustee's obligation to maintain accurate and up-to-date records of the trust's transactions, including the preparation of periodic reports for unit holders. It also outlines the procedures for regulatory filings and audits. 6. Termination and Amendment: The document may include provisions for the termination or amendment of the trust, specifying the conditions and procedures required for such actions. It may also address the distribution of assets in the event of termination. It's important to note that the specific terms and conditions within this Missouri Trust Indenture and Agreement can vary depending on the individual series or portfolio number associated with the Naveen Tax Free Unit Trust. Therefore, it is necessary to consult the specific indenture and agreement for Naveen Tax Free Unit Trust, Series 1140, to obtain precise details relevant to that particular trust series.