The Hennepin Minnesota Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank is a legally binding document that outlines the terms and conditions for the Naveen Tax Free Unit Trust, Series 1140. This trust indenture and agreement serve as a vital instrument in governing the relationship and responsibilities between the issuing entity, John Naveen and Co., Inc., and the trustee, Chase Manhattan Bank. Keywords: Hennepin Minnesota, trust indenture, agreement, John Naveen and Co., Inc., Chase Manhattan Bank, terms and conditions, Naveen Tax Free Unit Trust, Series 1140. The Hennepin Minnesota Trust Indenture and Agreement for the Naveen Tax Free Unit Trust, Series 1140, establish a comprehensive framework for administering the trust and ensuring compliance with legal requirements. It contains provisions regarding the roles and responsibilities of both John Naveen and Co., Inc. and Chase Manhattan Bank, as well as the rights and obligations of the beneficiaries. This trust indenture and agreement also specify the investment objectives, strategies, and restrictions applicable to the Naveen Tax Free Unit Trust, Series 1140. It outlines the securities and assets eligible for inclusion in the portfolio, diversification requirements, and risk management guidelines, ensuring that the investors' interests are protected. Additionally, the document may include provisions related to the distribution of income and principal, detailing the frequency and manner in which distributions are made to the unit holders. It may also address matters such as the determination of net asset value, record keeping, tax-related considerations, reporting requirements, and dispute resolution procedures. It is important to note that the Hennepin Minnesota Trust Indenture and Agreement may be specific to the Naveen Tax Free Unit Trust, Series 1140, as distinct from other series within the broader Naveen Tax Free Unit Trust offering. Each series may have its own trust indenture and agreement, tailored to its unique characteristics and investment objectives. In conclusion, the Hennepin Minnesota Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank for the Naveen Tax Free Unit Trust, Series 1140, is a comprehensive legal document that sets out the terms and conditions, rights, and responsibilities governing the operation of this specific trust. It establishes a clear framework for managing the trust assets and ensuring the interests of the unit holders are protected.
Hennepin Minnesota 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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