District of Columbia Horse or Stallion Syndication Agreement

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US-00039DR
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Stallion syndications are contractual agreements where multiple parties combine their financial resources to purchase a stallion for breeding purposes. Each contributor or "owner" owns a "fractional interest" in the stallion, typically entitling them to one breeding right per breeding season. The farm or individual syndicating the stallion will generally retain multiple fractional interests. The arrangement provides for lowered costs and a more diverse breeding for the stallion.

This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

The District of Columbia Horse or Stallion Syndication Agreement refers to a contractual arrangement between multiple individuals or entities for the purpose of jointly owning and managing a horse or stallion in the District of Columbia, United States. This agreement is binding and outlines the specific terms and conditions under which the syndicate is established and operates. The syndicate agreement typically includes several key elements. Firstly, it defines the parties involved, which may include individual owners, partnerships, or corporations. The agreement states their respective roles, responsibilities, and ownership shares in the horse or stallion. It also specifies the duration of the syndicate, which is often on a year-to-year basis. The agreement lays out the financial obligations and contributions of each syndicate member. This includes initial purchase costs, such as acquiring the horse or stallion and any necessary equipment or facilities. Subsequently, it outlines the ongoing expenses, such as boarding, feeding, training, veterinary care, insurance, and competition fees. The financial commitments of each member are typically proportional to their ownership shares. In addition to financial matters, the syndicate agreement covers other important aspects such as decision-making processes and voting rights. It outlines how major decisions regarding the horse or stallion will be made, including training methods, racing schedules, breeding decisions, and potential sales. The agreement may also address any disputes or conflicts that may arise between syndicate members and detail the appropriate resolution mechanisms. Furthermore, the District of Columbia Horse or Stallion Syndication Agreement might include provisions related to the distribution of earnings and profits derived from the horse's or stallion's activities. It typically outlines how prize money, stud fees, or any income generated through sales or endorsements will be allocated among the members. While there may not be different types of District of Columbia Horse or Stallion Syndication Agreements, individual syndicates can tailor the agreement to suit their particular needs or circumstances. This may involve incorporating additional clauses, provisions, or specific terms based on the unique requirements and goals of the syndicate members. In conclusion, the District of Columbia Horse or Stallion Syndication Agreement is a comprehensive contract that establishes the legal framework for the joint ownership and management of a horse or stallion in the District of Columbia. It covers various aspects, including ownership shares, financial obligations, decision-making processes, profit distribution, and dispute resolution.

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How to fill out Horse Or Stallion Syndication Agreement?

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What is syndication? In a horse ownership syndication, a group of people comes together to purchase ownership in a promising horse for a professional event rider. The ownership not only covers the actual cost to buy the horse, but also the annual costs needed to maintain the horse.

The stallion will frequently nudge the mare, apparently to signal readiness and to assess her firm stance response. In addition to nudges, some stallions may smell and bite over the mare's body. Most behavioralists consider this display to be more important in the courtship process than odor recognition.

Horse Racing SyndicatesHorse Racing Syndicates Checklist. Define your Syndicate.Define your Syndicate. The first thing you need to ask yourself is why are you starting a syndicate.Pick your Members wisely.Set up a Management Plan.Ensure Everyone is On Board.Make it Happen.Conclusion.

Typically, a share in a stallion syndicate entitles the share owner certain breeding rights to the stallion; principally, the right to breed to the stallion without paying stud fees. Modern stallion syndicates offer more options.

Horse Racing SyndicatesHorse Racing Syndicates Checklist. Define your Syndicate.Define your Syndicate. The first thing you need to ask yourself is why are you starting a syndicate.Pick your Members wisely.Set up a Management Plan.Ensure Everyone is On Board.Make it Happen.Conclusion.

Stallion breeding services at the Equine Reproduction Laboratory (ERL) are designed to allow owners the use of their stallion's semen in a fresh, cooled-shipped or frozen semen breeding program. Services are provided on an outpatient (trailer-in) or inpatient basis (stallions housed at the ERL).

: an uncastrated male horse : a male horse kept for breeding also : a male animal (such as a dog or a sheep) kept primarily as a stud.

What is syndication? In a horse ownership syndication, a group of people comes together to purchase ownership in a promising horse for a professional event rider. The ownership not only covers the actual cost to buy the horse, but also the annual costs needed to maintain the horse.

Stallion syndications are contractual agreements where multiple parties combine their financial resources to purchase a stallion for breeding purposes. Each contributor or owner owns a fractional interest in the stallion, typically entitling them to one breeding right per breeding season.

Racing stallions, or male horses of breeding age, earn a stud fee for each broodmare (female horse) they breed with. The fees vary hugely but the very best stallions, with a winning history on the racetrack, can earn more than $100,000 each time.

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By N Kasirer · Cited by 2 ? partnership, limited partnership, syndication and closely-held andas a stallion and the risk that the horse would not realize this ... Agreement to be Bound by the Operating Agreement; Power of Attorneyto 10 breeding rights to the syndicate manager or farm where the stallion stands and ...Lots of cases deal with sales of horses; others deal with people kicked by horses; still more deal with the licensing and racing of horses, or with the care ... By TR Catanese ? No attempt is made here to cover all the issuesdecides to syndicate stallion X. Through a syndicate agreement,421 (D.C. Del. In 1983, when the horse was syndicated, plaintiff also received one breeding right per year in the stallion. Plaintiff has exercised this right every year ... Enter search criteria in one or more fields to identify stallions thatA federal court dispute over a Thoroughbred stallion cover cap imposed by The ... ... and public sales of horses, stallion syndicate agreements, stallion service contracts, training agreements, boarding contracts, and applications of the ... Or lien of any kind against a horse, shall be required to file the sameracing provided he/she produces a negative test result and agrees. The office and stallion barn remain on the property of the old farmstud at Claiborne Farm in Kentucky, per the syndication agreement. 1907 · ?MathematicsThe information regarding mares cannot be got so accurately , but a great deal of information can be procured from the stallion owners in each district as ...

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District of Columbia Horse or Stallion Syndication Agreement