Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank and First Trust Advisors, L.P. dated January 4, 2000. 18 pages
The Houston Texas 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 terms and conditions of a trust arrangement between these three entities. This agreement governs the management and administration of assets within the trust, ensuring their protection and utilization according to the specified guidelines. One type of Houston Texas Trust Agreement between these parties is the "Investment Trust Agreement." Under this agreement, Nike Securities, L.P. (as the settler) entrusts the management of its investment portfolio to The Chase Manhattan Bank (as the trustee), with the guidance and expertise of First Trust Advisors, L.P. (as the investment advisor). This agreement sets forth the rules and responsibilities for managing the assets within the trust and establishes the roles of each party involved. The Houston Texas Trust Agreement emphasizes the importance of fiduciary duty and the trust's objective, balancing both sustainable growth and risk management. It includes clear provisions regarding the investment strategy, asset allocation, and risk tolerance level, taking into consideration the settler's investment goals and preferences. Moreover, the agreement defines the powers and limitations of each entity involved. The trustee, usually a financial institution like The Chase Manhattan Bank, is responsible for executing investment transactions, record keeping, and reporting. First Trust Advisors, L.P., a reputable investment advisory firm, assists in formulating investment strategies and regularly evaluates the performance of the investment portfolio. The trust agreement also covers crucial administrative aspects, such as the calculation and distribution of income, fees, and expenses associated with managing the trust. The document outlines the reporting requirements and transparency standards to be maintained by the trustee, ensuring regular updates to the settler and adherence to legal and regulatory obligations. The Houston Texas Trust Agreement serves as a blueprint for collaboration and cooperation, binding all parties to act in the best interests of the trust beneficiaries. It establishes a framework for effective communication, decision-making processes, and dispute resolution, should any conflicts arise. In conclusion, the Houston Texas Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. is a vital legal document that safeguards the interests of the trust's beneficiaries. It ensures proper management, investment, and administration of assets within the trust, while fostering transparency, diligence, and trust among the involved parties.
The Houston Texas 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 terms and conditions of a trust arrangement between these three entities. This agreement governs the management and administration of assets within the trust, ensuring their protection and utilization according to the specified guidelines. One type of Houston Texas Trust Agreement between these parties is the "Investment Trust Agreement." Under this agreement, Nike Securities, L.P. (as the settler) entrusts the management of its investment portfolio to The Chase Manhattan Bank (as the trustee), with the guidance and expertise of First Trust Advisors, L.P. (as the investment advisor). This agreement sets forth the rules and responsibilities for managing the assets within the trust and establishes the roles of each party involved. The Houston Texas Trust Agreement emphasizes the importance of fiduciary duty and the trust's objective, balancing both sustainable growth and risk management. It includes clear provisions regarding the investment strategy, asset allocation, and risk tolerance level, taking into consideration the settler's investment goals and preferences. Moreover, the agreement defines the powers and limitations of each entity involved. The trustee, usually a financial institution like The Chase Manhattan Bank, is responsible for executing investment transactions, record keeping, and reporting. First Trust Advisors, L.P., a reputable investment advisory firm, assists in formulating investment strategies and regularly evaluates the performance of the investment portfolio. The trust agreement also covers crucial administrative aspects, such as the calculation and distribution of income, fees, and expenses associated with managing the trust. The document outlines the reporting requirements and transparency standards to be maintained by the trustee, ensuring regular updates to the settler and adherence to legal and regulatory obligations. The Houston Texas Trust Agreement serves as a blueprint for collaboration and cooperation, binding all parties to act in the best interests of the trust beneficiaries. It establishes a framework for effective communication, decision-making processes, and dispute resolution, should any conflicts arise. In conclusion, the Houston Texas Trust Agreement between Nike Securities, L.P., The Chase Manhattan Bank, and First Trust Advisors, L.P. is a vital legal document that safeguards the interests of the trust's beneficiaries. It ensures proper management, investment, and administration of assets within the trust, while fostering transparency, diligence, and trust among the involved parties.