Guam Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank serve as legal documents that outline the terms and conditions for Naveen Tax Free Unit Trust, Series 1140. This trust is designed to provide investors with tax-free income generated by a diversified portfolio of municipal securities issued by Guam. The agreement between John Naveen and Co., Inc. (the issuer) and Chase Manhattan Bank (the trustee) establishes the framework for the trust. It defines the roles and responsibilities of both parties and safeguards the interests of the beneficiaries. Here are some essential details and relevant keywords related to the Guam Trust Indenture and Agreement: 1. Purpose: The trust's chief objective is to generate tax-free income for investors through investments in municipal securities issued by the government entities of Guam. Keywords: tax-free income, municipal securities, government entities. 2. Trustee's Responsibilities: Chase Manhattan Bank acts as the trustee, responsible for administering the trust in accordance with the trust indenture and ensuring compliance with applicable laws and regulations. Keywords: trustee, administration, compliance. 3. Issuer's Obligations: John Naveen and Co., Inc. (the issuer) commit to provide the trustee with a diversified portfolio of municipal securities issued by Guam, reflecting the overall investment strategy of the trust. Keywords: issuer, diversified portfolio, investment strategy. 4. Beneficiaries: The trust is open to individual and institutional investors seeking tax-free income. Beneficiaries receive periodic distributions from the trust's income, based on their proportional holdings. Keywords: beneficiaries, individual investors, institutional investors, distributions. 5. Terms and Maturity: The trust indenture specifies the duration and maturity of the Naveen Tax Free Unit Trust, Series 1140. It outlines the period for which the trust remains in effect and the conditions for its termination or extension. Keywords: terms, maturity, termination, extension. 6. Investment Strategy: The indenture may detail the investment guidelines, such as the types of municipal securities that can be included, diversification requirements, and the credit quality standards to maintain. Keywords: investment strategy, municipal securities, diversification, credit quality. 7. Reporting and Auditing: The agreement may include provisions for regular reporting and auditing of the trust's financial statements to ensure transparency and accountability. Keywords: reporting, auditing, financial statements, transparency. Please note that the specific Guam Trust Indenture and Agreement between John Naveen and Co., Inc. and Chase Manhattan Bank for Naveen Tax Free Unit Trust, Series 1140 may have additional or unique provisions based on the negotiated terms between the parties involved.