Delaware Distribution Agreement regarding the continuous offering of the Trust's transferable shares of beneficial interest

• Category: Corporations - Public - Distribution
• State: Multi-State
• Control #: US-EG-9319
• Format: Word; Rich Text

Description

Distribution Agreement between Active Assets Premier Money Trust and Morgan Stanley Dean Witter Advisors, Inc. regarding the continuous offering of the Trust's transferable shares of beneficial interest (without par value) in order to promote the growth The Delaware Distribution Agreement is a legal document that governs the continuous offering of a Trust's transferable shares of beneficial interest. This agreement outlines the terms and conditions of distributing the shares to investors and manages the relationship between the Trust and its shareholders. Keywords: Delaware Distribution Agreement, continuous offering, Trust, transferable shares, beneficial interest. This comprehensive agreement is crucial for establishing transparency, rights, obligations, and responsibilities between the Trust and its investors throughout the offering process. It ensures that the distribution of transferable shares is executed fairly, complying with all applicable laws and regulations. Some specific types of Delaware Distribution Agreements related to the continuous offering of a Trust's transferable shares of beneficial interest include: 1. Traditional Delaware Distribution Agreement: This is the standard agreement that governs the ongoing offering of a Trust's transferable shares to investors. It outlines the terms of the offering, such as the minimum investment amount, pricing, redemption procedures, and any limitations or restrictions on the transferability of shares. 2. Exclusive Distribution Agreement: In certain cases, a Trust may enter into an exclusive distribution agreement with a single distributor. This agreement grants exclusive rights to the distributor to distribute and sell the Trust's transferable shares during a specified period. It often includes provisions related to sales targets, marketing efforts, and compensation for the distributor. 3. Limited Partnership Distribution Agreement: When a Trust takes a form of a limited partnership, a unique distribution agreement may be required. This agreement would govern how the transferable shares of beneficial interest in the Trust are offered and distributed to limited partners, who are deemed beneficial owners. 4. Registered Delaware Distribution Agreement: If the Trust's transferable shares are registered with the Securities and Exchange Commission (SEC), a registered distribution agreement may be necessary. This agreement ensures compliance with federal securities laws and outlines the procedures for offering and selling the registered shares to investors. 5. Abridged Delaware Distribution Agreement: In some cases, a Trust may opt for an abridged distribution agreement that contains only the essential terms and provisions required for the continuous offering of its transferable shares. This simplified agreement is commonly used for smaller Trusts or those with more straightforward distribution structures. In conclusion, the Delaware Distribution Agreement regarding the continuous offering of a Trust's transferable shares of beneficial interest is a crucial legal document that outlines the terms, conditions, and relationship between a Trust and its shareholders during the offering process. Various types of distribution agreements exist, each catering to different circumstances and regulatory requirements.

The Delaware Distribution Agreement is a legal document that governs the continuous offering of a Trust's transferable shares of beneficial interest. This agreement outlines the terms and conditions of distributing the shares to investors and manages the relationship between the Trust and its shareholders. Keywords: Delaware Distribution Agreement, continuous offering, Trust, transferable shares, beneficial interest. This comprehensive agreement is crucial for establishing transparency, rights, obligations, and responsibilities between the Trust and its investors throughout the offering process. It ensures that the distribution of transferable shares is executed fairly, complying with all applicable laws and regulations. Some specific types of Delaware Distribution Agreements related to the continuous offering of a Trust's transferable shares of beneficial interest include: 1. Traditional Delaware Distribution Agreement: This is the standard agreement that governs the ongoing offering of a Trust's transferable shares to investors. It outlines the terms of the offering, such as the minimum investment amount, pricing, redemption procedures, and any limitations or restrictions on the transferability of shares. 2. Exclusive Distribution Agreement: In certain cases, a Trust may enter into an exclusive distribution agreement with a single distributor. This agreement grants exclusive rights to the distributor to distribute and sell the Trust's transferable shares during a specified period. It often includes provisions related to sales targets, marketing efforts, and compensation for the distributor. 3. Limited Partnership Distribution Agreement: When a Trust takes a form of a limited partnership, a unique distribution agreement may be required. This agreement would govern how the transferable shares of beneficial interest in the Trust are offered and distributed to limited partners, who are deemed beneficial owners. 4. Registered Delaware Distribution Agreement: If the Trust's transferable shares are registered with the Securities and Exchange Commission (SEC), a registered distribution agreement may be necessary. This agreement ensures compliance with federal securities laws and outlines the procedures for offering and selling the registered shares to investors. 5. Abridged Delaware Distribution Agreement: In some cases, a Trust may opt for an abridged distribution agreement that contains only the essential terms and provisions required for the continuous offering of its transferable shares. This simplified agreement is commonly used for smaller Trusts or those with more straightforward distribution structures. In conclusion, the Delaware Distribution Agreement regarding the continuous offering of a Trust's transferable shares of beneficial interest is a crucial legal document that outlines the terms, conditions, and relationship between a Trust and its shareholders during the offering process. Various types of distribution agreements exist, each catering to different circumstances and regulatory requirements.