New York 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 New York Distribution Agreement is a legal contract that governs the continuous offering of a Trust's transferable shares of beneficial interest in the state of New York. It outlines the terms and conditions under which the distribution of these shares will occur, ensuring compliance with state regulations and protecting the interests of all parties involved. This agreement sets out the responsibilities and obligations of the Trust and the distributor in relation to the ongoing sale and promotion of the Trust's transferable shares. It may include provisions related to the registration of the offering with the Securities and Exchange Commission (SEC), compliance with applicable securities laws, marketing and advertising guidelines, and reporting requirements. In cases where a Trust offers different types of transferable shares of beneficial interest in its continuous offering, there may be specific distribution agreements to address each type. These agreements can be distinguished by the characteristics and features of the shares being offered, such as class or series designation, voting rights, liquidation preferences, or dividend entitlements. Some examples of potential New York Distribution Agreement subtypes could include: 1. Class-specific Distribution Agreement: This type of agreement would pertain to the distribution of shares within a particular class of the Trust's beneficial interest, such as Class A or Class B shares. The terms and conditions specific to each class, including any variations in voting rights or dividend entitlements, would be outlined in this agreement. 2. Series-specific Distribution Agreement: When a Trust issues multiple series of transferable shares, each with distinct characteristics, a series-specific distribution agreement may be necessary. This agreement would define the terms and conditions regarding the offering and distribution of each series of shares, ensuring compliance with relevant regulations and addressing any unique features or rights associated with each series. 3. Tiered Distribution Agreement: In cases where a Trust offers shares with different tiers or levels of benefits, a tiered distribution agreement may be utilized. This agreement would establish the distribution terms for each tier of shares, including any variations in pricing, dividends, redemption rights, or other benefits specific to each tier. 4. Institutional or Retail Distribution Agreement: Depending on the target audience for the Trust's transferable shares, separate distribution agreements may be implemented to cater to institutional investors or retail investors. These agreements may differ in marketing strategies, distribution channels, or minimum investment requirements, reflecting the distinct needs and preferences of each investor group. It is important to note that the specific types of New York Distribution Agreement can vary based on the structure, objectives, and offerings of each Trust. Therefore, it is crucial for parties involved to seek legal counsel and ensure that the agreement appropriately addresses their unique circumstances and complies with applicable laws and regulations.

The New York Distribution Agreement is a legal contract that governs the continuous offering of a Trust's transferable shares of beneficial interest in the state of New York. It outlines the terms and conditions under which the distribution of these shares will occur, ensuring compliance with state regulations and protecting the interests of all parties involved. This agreement sets out the responsibilities and obligations of the Trust and the distributor in relation to the ongoing sale and promotion of the Trust's transferable shares. It may include provisions related to the registration of the offering with the Securities and Exchange Commission (SEC), compliance with applicable securities laws, marketing and advertising guidelines, and reporting requirements. In cases where a Trust offers different types of transferable shares of beneficial interest in its continuous offering, there may be specific distribution agreements to address each type. These agreements can be distinguished by the characteristics and features of the shares being offered, such as class or series designation, voting rights, liquidation preferences, or dividend entitlements. Some examples of potential New York Distribution Agreement subtypes could include: 1. Class-specific Distribution Agreement: This type of agreement would pertain to the distribution of shares within a particular class of the Trust's beneficial interest, such as Class A or Class B shares. The terms and conditions specific to each class, including any variations in voting rights or dividend entitlements, would be outlined in this agreement. 2. Series-specific Distribution Agreement: When a Trust issues multiple series of transferable shares, each with distinct characteristics, a series-specific distribution agreement may be necessary. This agreement would define the terms and conditions regarding the offering and distribution of each series of shares, ensuring compliance with relevant regulations and addressing any unique features or rights associated with each series. 3. Tiered Distribution Agreement: In cases where a Trust offers shares with different tiers or levels of benefits, a tiered distribution agreement may be utilized. This agreement would establish the distribution terms for each tier of shares, including any variations in pricing, dividends, redemption rights, or other benefits specific to each tier. 4. Institutional or Retail Distribution Agreement: Depending on the target audience for the Trust's transferable shares, separate distribution agreements may be implemented to cater to institutional investors or retail investors. These agreements may differ in marketing strategies, distribution channels, or minimum investment requirements, reflecting the distinct needs and preferences of each investor group. It is important to note that the specific types of New York Distribution Agreement can vary based on the structure, objectives, and offerings of each Trust. Therefore, it is crucial for parties involved to seek legal counsel and ensure that the agreement appropriately addresses their unique circumstances and complies with applicable laws and regulations.