Kansas 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 Kansas Distribution Agreement refers to the legally binding document that outlines the terms and conditions for the continuous offering of transferable shares of beneficial interest of a Trust in Kansas. This agreement serves as a framework for the distribution of shares and governs the relationship between the trust, its managers, and the investors. Here, we provide a detailed description of the key aspects and keywords related to the Kansas Distribution Agreement. 1. Trust: The agreement pertains to a specific Trust, which is a legal entity established to hold and manage assets on behalf of the investors. 2. Continuous Offering: The Kansas Distribution Agreement focuses on the continuous offering of the trust's transferable shares. This means that the shares can be continuously bought and sold by investors, subject to certain conditions and procedures outlined in the agreement. 3. Transferable Shares: The agreement addresses the distribution of transferable shares. These shares represent ownership in the Trust and can be bought or sold in accordance with applicable securities laws. 4. Beneficial Interest: The agreement refers to the Trust's transferable shares as "beneficial interests." It means that investors who hold these shares have a beneficial stake or interest in the trust's assets and income. 5. Terms and Conditions: The Kansas Distribution Agreement sets forth the terms and conditions under which the shares can be offered to investors. It includes provisions related to the pricing, minimum investment amounts, redemption rights, and fees associated with the shares. 6. Managers: The agreement specifies the duties and responsibilities of the trust managers or administrators. These individuals are responsible for overseeing the distribution process, ensuring compliance with regulations, and managing investor relations. 7. Investor Protections: The Kansas Distribution Agreement may include provisions that safeguard the rights and interests of investors. These may include disclosure requirements, reporting obligations, and dispute resolution mechanisms. Different Types of Kansas Distribution Agreement related to the continuous offering of the Trust's transferable shares of beneficial interest: 1. Initial Distribution Agreement: This type of agreement is executed when the trust is initially established and the offer of transferable shares is made available to investors for the first time. 2. Amended and Restated Distribution Agreement: Over time, the terms of the distribution agreement may be amended to reflect changes in regulations or the trust's structure. This agreement clarifies any modifications, consolidating the original and subsequent changes into a single document. 3. Renewal/Extension Agreement: When the initial agreement expires, the trust may enter into a renewal or extension agreement to continue offering its transferable shares. This ensures continuity in the distribution process and allows existing investors to maintain their holdings. In conclusion, the Kansas Distribution Agreement outlines the terms and conditions governing the continuous offering of a Trust's transferable shares of beneficial interest in Kansas. Key aspects include the continuous nature of the offering, the transferability of shares, and the rights and responsibilities of investors and trust managers. The agreement may take different forms depending on the stage or changes in the trust's operations and is crucial in ensuring compliance and investor protection.

Kansas Distribution Agreement refers to the legally binding document that outlines the terms and conditions for the continuous offering of transferable shares of beneficial interest of a Trust in Kansas. This agreement serves as a framework for the distribution of shares and governs the relationship between the trust, its managers, and the investors. Here, we provide a detailed description of the key aspects and keywords related to the Kansas Distribution Agreement. 1. Trust: The agreement pertains to a specific Trust, which is a legal entity established to hold and manage assets on behalf of the investors. 2. Continuous Offering: The Kansas Distribution Agreement focuses on the continuous offering of the trust's transferable shares. This means that the shares can be continuously bought and sold by investors, subject to certain conditions and procedures outlined in the agreement. 3. Transferable Shares: The agreement addresses the distribution of transferable shares. These shares represent ownership in the Trust and can be bought or sold in accordance with applicable securities laws. 4. Beneficial Interest: The agreement refers to the Trust's transferable shares as "beneficial interests." It means that investors who hold these shares have a beneficial stake or interest in the trust's assets and income. 5. Terms and Conditions: The Kansas Distribution Agreement sets forth the terms and conditions under which the shares can be offered to investors. It includes provisions related to the pricing, minimum investment amounts, redemption rights, and fees associated with the shares. 6. Managers: The agreement specifies the duties and responsibilities of the trust managers or administrators. These individuals are responsible for overseeing the distribution process, ensuring compliance with regulations, and managing investor relations. 7. Investor Protections: The Kansas Distribution Agreement may include provisions that safeguard the rights and interests of investors. These may include disclosure requirements, reporting obligations, and dispute resolution mechanisms. Different Types of Kansas Distribution Agreement related to the continuous offering of the Trust's transferable shares of beneficial interest: 1. Initial Distribution Agreement: This type of agreement is executed when the trust is initially established and the offer of transferable shares is made available to investors for the first time. 2. Amended and Restated Distribution Agreement: Over time, the terms of the distribution agreement may be amended to reflect changes in regulations or the trust's structure. This agreement clarifies any modifications, consolidating the original and subsequent changes into a single document. 3. Renewal/Extension Agreement: When the initial agreement expires, the trust may enter into a renewal or extension agreement to continue offering its transferable shares. This ensures continuity in the distribution process and allows existing investors to maintain their holdings. In conclusion, the Kansas Distribution Agreement outlines the terms and conditions governing the continuous offering of a Trust's transferable shares of beneficial interest in Kansas. Key aspects include the continuous nature of the offering, the transferability of shares, and the rights and responsibilities of investors and trust managers. The agreement may take different forms depending on the stage or changes in the trust's operations and is crucial in ensuring compliance and investor protection.