Harris Texas 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
• County: Harris
• 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 Harris Texas Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank pertaining to the Naveen Tax Free Unit Trust, Series 1140, outlines the specific terms and conditions of the trust agreement. This legally binding contract governs the relationship between the issuer, John Naveen and Co., Inc., and the trustee, Chase Manhattan Bank, to ensure proper administration and safeguarding of the trust assets. The Harris Texas Trust Indenture and Agreement for the Naveen Tax Free Unit Trust, Series 1140, establishes the fundamental provisions and provisions related to the issuance, sale, and retirement of trust units. It outlines the rights, responsibilities, and obligations of both parties involved. The agreement includes various sections covering key aspects such as: 1. Definitions: This section defines the terms used throughout the agreement to avoid ambiguities or misunderstandings. 2. Appointment and Role of the Trustee: It establishes Chase Manhattan Bank as the trustee responsible for managing the assets of the trust and ensuring their proper administration in accordance with the Agreement and applicable laws. 3. Creation and Operation of the Trust: This section details the establishment of the Naveen Tax Free Unit Trust, Series 1140, including its purpose, duration, and the specific assets included in the trust. 4. Units, Classes, and Voting: It defines the various types of units or classes that can be issued and held within the trust structure. Each unit or class may have different rights, privileges, or voting powers, depending on the specific terms outlined. 5. Distributions and Payments: This section establishes the procedures for the distribution of income, dividends, interest, or other distributions generated by the trust assets. It outlines the timing, frequency, and method of payment to the unit holders. 6. Amendments and Termination: The agreement allows for amendments to be made under certain circumstances. It also outlines the process for the termination or dissolution of the trust, ensuring the orderly winding up and distribution of the trust assets. 7. Default and Remedies: This section specifies the actions to be taken in the event of a default by either party, including possible remedies, such as foreclosure or termination of the agreement. The Harris Texas Trust Indenture and Agreement for the Naveen Tax Free Unit Trust, Series 1140, is a comprehensive legal document ensuring compliance, transparency, and accountability in the management of the trust assets. It serves as a contractual framework to protect the interests of both John Naveen and Co., Inc., as the issuer, and Chase Manhattan Bank, as the trustee. It is important to note that this description outlines a general understanding of Harris Texas Trust Indenture and Agreement for the Naveen Tax Free Unit Trust, Series 1140, and the specific provisions and terms may vary depending on the individual agreement and its particular circumstances.

The Harris Texas Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank pertaining to the Naveen Tax Free Unit Trust, Series 1140, outlines the specific terms and conditions of the trust agreement. This legally binding contract governs the relationship between the issuer, John Naveen and Co., Inc., and the trustee, Chase Manhattan Bank, to ensure proper administration and safeguarding of the trust assets. The Harris Texas Trust Indenture and Agreement for the Naveen Tax Free Unit Trust, Series 1140, establishes the fundamental provisions and provisions related to the issuance, sale, and retirement of trust units. It outlines the rights, responsibilities, and obligations of both parties involved. The agreement includes various sections covering key aspects such as: 1. Definitions: This section defines the terms used throughout the agreement to avoid ambiguities or misunderstandings. 2. Appointment and Role of the Trustee: It establishes Chase Manhattan Bank as the trustee responsible for managing the assets of the trust and ensuring their proper administration in accordance with the Agreement and applicable laws. 3. Creation and Operation of the Trust: This section details the establishment of the Naveen Tax Free Unit Trust, Series 1140, including its purpose, duration, and the specific assets included in the trust. 4. Units, Classes, and Voting: It defines the various types of units or classes that can be issued and held within the trust structure. Each unit or class may have different rights, privileges, or voting powers, depending on the specific terms outlined. 5. Distributions and Payments: This section establishes the procedures for the distribution of income, dividends, interest, or other distributions generated by the trust assets. It outlines the timing, frequency, and method of payment to the unit holders. 6. Amendments and Termination: The agreement allows for amendments to be made under certain circumstances. It also outlines the process for the termination or dissolution of the trust, ensuring the orderly winding up and distribution of the trust assets. 7. Default and Remedies: This section specifies the actions to be taken in the event of a default by either party, including possible remedies, such as foreclosure or termination of the agreement. The Harris Texas Trust Indenture and Agreement for the Naveen Tax Free Unit Trust, Series 1140, is a comprehensive legal document ensuring compliance, transparency, and accountability in the management of the trust assets. It serves as a contractual framework to protect the interests of both John Naveen and Co., Inc., as the issuer, and Chase Manhattan Bank, as the trustee. It is important to note that this description outlines a general understanding of Harris Texas Trust Indenture and Agreement for the Naveen Tax Free Unit Trust, Series 1140, and the specific provisions and terms may vary depending on the individual agreement and its particular circumstances.