Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank and First Trust Advisors, L.P. dated January 4, 2000. 18 pages
The New York Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. is a legally binding document that outlines the relationship and responsibilities among these three entities. This agreement establishes the terms and conditions under which Nike Securities, L.P. entrusts assets or funds to The Chase Manhattan Bank and appoints First Trust Advisors, L.P. as the investment advisor for those assets. The agreement typically covers a wide range of topics, including the roles and responsibilities of each party, the scope of authority given to the trustee (The Chase Manhattan Bank), the investment objectives and guidelines, and the distribution of income and profits. By entering into this trust agreement, Nike Securities, L.P. demonstrates its trust and confidence in The Chase Manhattan Bank and First Trust Advisors, L.P. to manage and grow its assets in accordance with the agreed-upon investment strategy and applicable legal and regulatory requirements. The New York Trust Agreement may vary depending on the specific needs and objectives of Nike Securities, L.P. Different types of trust agreements between these entities could include revocable trusts, irrevocable trusts, charitable trusts, and testamentary trusts. Each type has its own unique characteristics and purpose, but all serve to protect and preserve the assets of Nike Securities, L.P. while achieving its financial objectives. In summary, the New York Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. is a comprehensive document that lays out the framework and guidelines for the management of assets. It allows Nike Securities, L.P. to entrust its funds to capable and trusted institutions, while providing The Chase Manhattan Bank and First Trust Advisors, L.P. clear instructions on how to invest, maintain, and distribute those assets.
The New York Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. is a legally binding document that outlines the relationship and responsibilities among these three entities. This agreement establishes the terms and conditions under which Nike Securities, L.P. entrusts assets or funds to The Chase Manhattan Bank and appoints First Trust Advisors, L.P. as the investment advisor for those assets. The agreement typically covers a wide range of topics, including the roles and responsibilities of each party, the scope of authority given to the trustee (The Chase Manhattan Bank), the investment objectives and guidelines, and the distribution of income and profits. By entering into this trust agreement, Nike Securities, L.P. demonstrates its trust and confidence in The Chase Manhattan Bank and First Trust Advisors, L.P. to manage and grow its assets in accordance with the agreed-upon investment strategy and applicable legal and regulatory requirements. The New York Trust Agreement may vary depending on the specific needs and objectives of Nike Securities, L.P. Different types of trust agreements between these entities could include revocable trusts, irrevocable trusts, charitable trusts, and testamentary trusts. Each type has its own unique characteristics and purpose, but all serve to protect and preserve the assets of Nike Securities, L.P. while achieving its financial objectives. In summary, the New York Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. is a comprehensive document that lays out the framework and guidelines for the management of assets. It allows Nike Securities, L.P. to entrust its funds to capable and trusted institutions, while providing The Chase Manhattan Bank and First Trust Advisors, L.P. clear instructions on how to invest, maintain, and distribute those assets.