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
Mississippi Distribution Agreement is a legal document that outlines the terms and conditions for the continuous offering of a Trust's transferable shares of beneficial interest in the state of Mississippi. This agreement is crucial in establishing a framework for the distribution and sale of these shares, ensuring compliance with state laws and regulations. The Mississippi Distribution Agreement includes provisions related to the offering of transferable shares, such as the methods of sale, the pricing of shares, and any restrictions or limitations on selling or transferring the shares. It also governs the relationship between the issuing Trust and the distributors responsible for selling the shares. Key elements that may be addressed in the Mississippi Distribution Agreement include: 1. Offering Structure: The agreement outlines the structure of the offering, including whether it will be conducted through public or private placements and whether it involves multiple offerings or continuous offerings. 2. Registration and Filing Requirements: The agreement specifies the necessary registrations and filings with the Mississippi Secretary of State or any other relevant regulatory bodies to commence the offering. 3. Terms and Conditions: It outlines the terms and conditions of the offering, including the number of shares being offered, the price per share, any minimum investment requirements, and any limitations on the maximum amount an investor can purchase. 4. Selling Restrictions: The agreement may include restrictions on who can purchase the shares, such as limiting sales to accredited investors or residents of Mississippi. 5. Payment and Settlement: It details the payment methods, timelines for settlement, and any escrow requirements for the purchase of shares. 6. Distribution Fees and Expenses: The agreement may specify the fees and expenses associated with the distribution, such as sales commissions, marketing costs, and legal fees. 7. Termination or Modification: The conditions under which the agreement can be terminated or modified are outlined, including any notice periods required. Types of Mississippi Distribution Agreement regarding the continuous offering of the Trust's transferable shares of beneficial interest may vary depending on the specific nature of the Trust and its offering. However, common variants include: 1. Private Placement Agreement: This agreement is used for offerings made to a select group of qualified investors without a public offering. 2. Public Offering Agreement: This agreement is utilized for offerings made to the public, requiring compliance with applicable securities laws, regulations, and disclosure requirements. 3. Subscription Agreement: This agreement is executed between the Trust and the individual investor, documenting the investor's subscription for shares and the terms of the offering. Overall, the Mississippi Distribution Agreement provides clarity and legal protection for both the Trust and the investors involved in the continuous offering of its transferable shares of beneficial interest, ensuring a transparent and compliant distribution process.
Mississippi Distribution Agreement is a legal document that outlines the terms and conditions for the continuous offering of a Trust's transferable shares of beneficial interest in the state of Mississippi. This agreement is crucial in establishing a framework for the distribution and sale of these shares, ensuring compliance with state laws and regulations. The Mississippi Distribution Agreement includes provisions related to the offering of transferable shares, such as the methods of sale, the pricing of shares, and any restrictions or limitations on selling or transferring the shares. It also governs the relationship between the issuing Trust and the distributors responsible for selling the shares. Key elements that may be addressed in the Mississippi Distribution Agreement include: 1. Offering Structure: The agreement outlines the structure of the offering, including whether it will be conducted through public or private placements and whether it involves multiple offerings or continuous offerings. 2. Registration and Filing Requirements: The agreement specifies the necessary registrations and filings with the Mississippi Secretary of State or any other relevant regulatory bodies to commence the offering. 3. Terms and Conditions: It outlines the terms and conditions of the offering, including the number of shares being offered, the price per share, any minimum investment requirements, and any limitations on the maximum amount an investor can purchase. 4. Selling Restrictions: The agreement may include restrictions on who can purchase the shares, such as limiting sales to accredited investors or residents of Mississippi. 5. Payment and Settlement: It details the payment methods, timelines for settlement, and any escrow requirements for the purchase of shares. 6. Distribution Fees and Expenses: The agreement may specify the fees and expenses associated with the distribution, such as sales commissions, marketing costs, and legal fees. 7. Termination or Modification: The conditions under which the agreement can be terminated or modified are outlined, including any notice periods required. Types of Mississippi Distribution Agreement regarding the continuous offering of the Trust's transferable shares of beneficial interest may vary depending on the specific nature of the Trust and its offering. However, common variants include: 1. Private Placement Agreement: This agreement is used for offerings made to a select group of qualified investors without a public offering. 2. Public Offering Agreement: This agreement is utilized for offerings made to the public, requiring compliance with applicable securities laws, regulations, and disclosure requirements. 3. Subscription Agreement: This agreement is executed between the Trust and the individual investor, documenting the investor's subscription for shares and the terms of the offering. Overall, the Mississippi Distribution Agreement provides clarity and legal protection for both the Trust and the investors involved in the continuous offering of its transferable shares of beneficial interest, ensuring a transparent and compliant distribution process.