The Bronx is a borough located in New York City, known for its rich history, diverse culture, and vibrant community. It is the northernmost borough of the city, situated primarily on the mainland and bordered by the Harlem River to the west and the Bronx River to the east. The Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank pertains to the Naveen Tax Free Unit Trust, Series 1140. This trust offers investors the opportunity to invest in a diversified portfolio of tax-free municipal bonds. Under this Trust Indenture and Agreement, John Naveen and Co., Inc. acts as the sponsor of the trust, responsible for selecting and managing the portfolio of tax-free municipal bonds. The Chase Manhattan Bank, as the trustee, administers the trust's assets and ensures compliance with the terms and conditions of the agreement. The Naveen Tax Free Unit Trust, Series 1140, allows investors to benefit from tax-exempt income generated by the municipal bonds held within the portfolio. This makes it an attractive investment option for individuals seeking to minimize their tax liabilities while generating steady income. The terms and conditions outlined in the Trust Indenture and Agreement cover various aspects of the trust, such as investment restrictions, asset allocation, duration of the trust, redemption process, and distribution of income to the unit holders. It also defines the roles and responsibilities of each party involved. It is important to note that there may be different types of Bronx New York Trust Indenture and Agreements between John Naveen and Co., Inc. and Chase Manhattan Bank regarding terms and conditions for Naveen Tax Free Unit Trust, Series 1140. These types could potentially be different series or versions of the trust, each with its own unique set of terms and conditions tailored to specific investment objectives or timeframes. Overall, the Trust Indenture and Agreement for the Naveen Tax Free Unit Trust, Series 1140, offers investors an opportunity to participate in tax-free municipal bond investments through a trusted and established partnership between John Naveen and Co., Inc. and Chase Manhattan Bank.
Bronx New York 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
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