Oakland Michigan 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: Oakland
• 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. Oakland, Michigan Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank is a legal document outlining the terms and conditions for the Naveen Tax Free Unit Trust, Series 1140. This agreement serves as a legally binding contract between the issuer, John Naveen and Co., Inc., and the trustee, Chase Manhattan Bank. The trust indenture and agreement in question govern the establishment and operation of the Naveen Tax Free Unit Trust, Series 1140. It sets forth the rights, obligations, and responsibilities of both parties involved. The agreement typically covers various aspects, including but not limited to: 1. Purpose and Objective: The indenture outlines the purpose and objective of the trust, which is to provide tax-free income to its unit holders through investment in tax-exempt securities. 2. Definitions: The document may include definitions of key terms used throughout the agreement, ensuring clarity and consistency in understanding. 3. Rights and Duties of the Trustee: It details the role and responsibilities of the trustee, Chase Manhattan Bank. This may include duties related to record-keeping, distribution of income, maintaining proper accounting, and so on. 4. Rights and Duties of the Unit Holders: The agreement explains the rights and privileges available to the unit holders, such as the entitlement to proportionate shares of income, voting rights, redemption rights, and other benefits provided under the trust. 5. Investment Guidelines: The indenture may specify investment restrictions, guidelines, and strategies for the trust, ensuring that the invested assets align with the objective of generating tax-free income. 6. Reporting and Disclosure: It outlines the reporting requirements for both the trustee and the issuer, including regular financial statements, tax documentation, and any other relevant information the parties agree to disclose. 7. Default and Remedies: The document typically addresses defaults and the available remedies in case either party breaches their obligations. It may include provisions for termination of the trust, removal of the trustee, appointment of a successor, and other related matters. It's worth noting that while the description provided above is a general overview of the purpose and contents of a typical trust indenture and agreement, the specific terms and conditions of the Oakland, Michigan Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank regarding the Naveen Tax Free Unit Trust, Series 1140 may vary.

Oakland, Michigan Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank is a legal document outlining the terms and conditions for the Naveen Tax Free Unit Trust, Series 1140. This agreement serves as a legally binding contract between the issuer, John Naveen and Co., Inc., and the trustee, Chase Manhattan Bank. The trust indenture and agreement in question govern the establishment and operation of the Naveen Tax Free Unit Trust, Series 1140. It sets forth the rights, obligations, and responsibilities of both parties involved. The agreement typically covers various aspects, including but not limited to: 1. Purpose and Objective: The indenture outlines the purpose and objective of the trust, which is to provide tax-free income to its unit holders through investment in tax-exempt securities. 2. Definitions: The document may include definitions of key terms used throughout the agreement, ensuring clarity and consistency in understanding. 3. Rights and Duties of the Trustee: It details the role and responsibilities of the trustee, Chase Manhattan Bank. This may include duties related to record-keeping, distribution of income, maintaining proper accounting, and so on. 4. Rights and Duties of the Unit Holders: The agreement explains the rights and privileges available to the unit holders, such as the entitlement to proportionate shares of income, voting rights, redemption rights, and other benefits provided under the trust. 5. Investment Guidelines: The indenture may specify investment restrictions, guidelines, and strategies for the trust, ensuring that the invested assets align with the objective of generating tax-free income. 6. Reporting and Disclosure: It outlines the reporting requirements for both the trustee and the issuer, including regular financial statements, tax documentation, and any other relevant information the parties agree to disclose. 7. Default and Remedies: The document typically addresses defaults and the available remedies in case either party breaches their obligations. It may include provisions for termination of the trust, removal of the trustee, appointment of a successor, and other related matters. It's worth noting that while the description provided above is a general overview of the purpose and contents of a typical trust indenture and agreement, the specific terms and conditions of the Oakland, Michigan Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank regarding the Naveen Tax Free Unit Trust, Series 1140 may vary.