Chicago Illinois 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
• City: Chicago
• 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 Chicago Illinois Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank outlines the terms and conditions for the Naveen Tax Free Unit Trust, Series 1140. This agreement serves as a legally binding document that governs the relationship between the parties involved and provides comprehensive details about the trust. The Naveen Tax Free Unit Trust, Series 1140 is a specific type of trust created by John Naveen and Co., Inc. and managed by Chase Manhattan Bank. This trust is designed to offer investors tax-free income by investing in municipal bonds issued by various municipalities within Illinois. The trust indenture and agreement define the roles and responsibilities of the trustee (Chase Manhattan Bank) and the granter (John Naveen and Co., Inc.). It outlines the conditions under which the trust is established, including the initial funding, investment objectives, and guidelines for the selection of municipal bonds. Moreover, the agreement specifies the rights and obligations of the beneficiaries, who are the investors in the trust. It outlines the criteria for eligibility, the distribution of income, and the process for redemption or transfer of units. Additionally, the document contains provisions regarding taxation, reporting, and accounting practices. It also addresses legal procedures, dispute resolution mechanisms, and the termination or amendment of the trust. The Chicago Illinois Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank regarding the Naveen Tax Free Unit Trust, Series 1140 is a critical legal instrument providing a framework for the management and operation of this specific trust. It ensures transparency, accountability, and the protection of the interests of all parties involved in the trust.

The Chicago Illinois Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank outlines the terms and conditions for the Naveen Tax Free Unit Trust, Series 1140. This agreement serves as a legally binding document that governs the relationship between the parties involved and provides comprehensive details about the trust. The Naveen Tax Free Unit Trust, Series 1140 is a specific type of trust created by John Naveen and Co., Inc. and managed by Chase Manhattan Bank. This trust is designed to offer investors tax-free income by investing in municipal bonds issued by various municipalities within Illinois. The trust indenture and agreement define the roles and responsibilities of the trustee (Chase Manhattan Bank) and the granter (John Naveen and Co., Inc.). It outlines the conditions under which the trust is established, including the initial funding, investment objectives, and guidelines for the selection of municipal bonds. Moreover, the agreement specifies the rights and obligations of the beneficiaries, who are the investors in the trust. It outlines the criteria for eligibility, the distribution of income, and the process for redemption or transfer of units. Additionally, the document contains provisions regarding taxation, reporting, and accounting practices. It also addresses legal procedures, dispute resolution mechanisms, and the termination or amendment of the trust. The Chicago Illinois Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank regarding the Naveen Tax Free Unit Trust, Series 1140 is a critical legal instrument providing a framework for the management and operation of this specific trust. It ensures transparency, accountability, and the protection of the interests of all parties involved in the trust.