Guam 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 Guam Distribution Agreement refers to an agreement executed in Guam that governs the ongoing and continuous offering of transferable shares of beneficial interest within a trust. This agreement is essential for outlining the terms and conditions under which the shares will be issued, redeemed, and transferred. Key provisions of the Guam Distribution Agreement may include: 1. Trust Establishment: The agreement will establish the trust and define its purpose and objectives. It will outline the legal structure and governance framework of the trust. 2. Continuous Offering: The agreement will specify that the trust's shares of beneficial interest are continuously offered to potential investors, allowing them to purchase or redeem shares at any time, subject to certain conditions and limitations. 3. Transferability of Shares: The agreement will define the procedures for the transfer of shares between shareholders. It will outline any restrictions or requirements related to the transfer of shares, such as pre-approval by the trustee or compliance with applicable laws and regulations. 4. Redemption of Shares: The agreement will outline the conditions and mechanisms for shareholders to redeem their shares, whether partially or in full. It may also specify any applicable fees or penalties associated with redemption. 5. Offering Price and Minimum Investment: The agreement will establish the initial offering price per share and any subsequent changes to the price. It may also set a minimum investment amount required to participate in the trust or purchase shares. 6. Reporting and Disclosure Obligations: The agreement may outline the trust's obligations to regularly provide reports and disclosures to shareholders regarding the financial performance, assets, and activities of the trust. These reports aim to ensure transparency and provide shareholders with the necessary information for their investment decisions. Different types of Guam Distribution Agreements, regarding the ongoing offering of the Trust's transferable shares of beneficial interest, may vary based on the following factors: 1. Institutional or Retail Investors: The agreement might differentiate between distribution agreements targeting institutional investors, such as financial institutions or pension funds, and agreements aimed at retail investors, including individual investors or smaller entities. 2. Class of Shares: Distribution agreements might differ based on various classes of shares offered by the trust. For example, a trust may issue different types of shares with distinct rights and privileges, such as voting rights or preferential distributions. 3. Distribution Channels: Agreements may also specify different distribution channels for offering the trust's shares. This could include offerings through financial advisors, brokers, or directly through the trust's website or authorized platforms. 4. Jurisdiction-Specific Requirements: Distribution agreements may incorporate specific provisions to comply with Guam's legal and regulatory framework, ensuring adherence to local laws and regulations governing the offer and sale of securities. Overall, the Guam Distribution Agreement is a comprehensive document that outlines the terms and conditions of the continuous offering of a trust's transferable shares of beneficial interest. Customization of the agreement might be required based on the unique characteristics of the trust, target investors, and applicable legal requirements.

The Guam Distribution Agreement refers to an agreement executed in Guam that governs the ongoing and continuous offering of transferable shares of beneficial interest within a trust. This agreement is essential for outlining the terms and conditions under which the shares will be issued, redeemed, and transferred. Key provisions of the Guam Distribution Agreement may include: 1. Trust Establishment: The agreement will establish the trust and define its purpose and objectives. It will outline the legal structure and governance framework of the trust. 2. Continuous Offering: The agreement will specify that the trust's shares of beneficial interest are continuously offered to potential investors, allowing them to purchase or redeem shares at any time, subject to certain conditions and limitations. 3. Transferability of Shares: The agreement will define the procedures for the transfer of shares between shareholders. It will outline any restrictions or requirements related to the transfer of shares, such as pre-approval by the trustee or compliance with applicable laws and regulations. 4. Redemption of Shares: The agreement will outline the conditions and mechanisms for shareholders to redeem their shares, whether partially or in full. It may also specify any applicable fees or penalties associated with redemption. 5. Offering Price and Minimum Investment: The agreement will establish the initial offering price per share and any subsequent changes to the price. It may also set a minimum investment amount required to participate in the trust or purchase shares. 6. Reporting and Disclosure Obligations: The agreement may outline the trust's obligations to regularly provide reports and disclosures to shareholders regarding the financial performance, assets, and activities of the trust. These reports aim to ensure transparency and provide shareholders with the necessary information for their investment decisions. Different types of Guam Distribution Agreements, regarding the ongoing offering of the Trust's transferable shares of beneficial interest, may vary based on the following factors: 1. Institutional or Retail Investors: The agreement might differentiate between distribution agreements targeting institutional investors, such as financial institutions or pension funds, and agreements aimed at retail investors, including individual investors or smaller entities. 2. Class of Shares: Distribution agreements might differ based on various classes of shares offered by the trust. For example, a trust may issue different types of shares with distinct rights and privileges, such as voting rights or preferential distributions. 3. Distribution Channels: Agreements may also specify different distribution channels for offering the trust's shares. This could include offerings through financial advisors, brokers, or directly through the trust's website or authorized platforms. 4. Jurisdiction-Specific Requirements: Distribution agreements may incorporate specific provisions to comply with Guam's legal and regulatory framework, ensuring adherence to local laws and regulations governing the offer and sale of securities. Overall, the Guam Distribution Agreement is a comprehensive document that outlines the terms and conditions of the continuous offering of a trust's transferable shares of beneficial interest. Customization of the agreement might be required based on the unique characteristics of the trust, target investors, and applicable legal requirements.