The Virginia Distribution Agreement is an essential document that outlines the terms and conditions for the continuous offering of a Fund's shares in the state of Virginia. It serves as a legally binding contract between the Fund and the distributor, establishing guidelines and requirements for the sale, marketing, and distribution of shares within the jurisdiction. Keywords: 1. Virginia: This refers to the state where the Distribution Agreement is applicable, indicating the specific legal framework and regulations that govern the continuous offering of the Fund's shares within Virginia. 2. Distribution Agreement: This refers to the contractual agreement between the Fund and the distributor, defining the terms, obligations, and responsibilities related to the sale and distribution of the Fund's shares. 3. Continuous Offering: This highlights the ongoing nature of the Fund's shares availability for purchase by investors, emphasizing that it is not a one-time offering but an opportunity for investors to buy shares over an extended period. 4. Fund's Shares: This refers to the units of ownership in the Fund that are being offered for sale to investors. These shares represent an investor's proportional interest in the Fund's assets and potential returns. 5. Keywords related to the content of the Agreement may include: sale, purchase, marketing, promotion, disclosure, commissions, fees, reporting, compliance, termination, amendment, representations, warranties, obligations, and indemnification. It is important to note that without specific information about the types of Virginia Distribution Agreement, it is challenging to name them. However, some possible variations that might exist could include: — Standard Virginia Distribution Agreement: This refers to the most common type of agreement that sets out the general terms and conditions for the continuous offering of the Fund's shares in Virginia. — Exclusive Virginia Distribution Agreement: This agreement grants exclusive distribution rights to a specific distributor in the state of Virginia, preventing other distributors from selling the Fund's shares within the jurisdiction. — Non-Exclusive Virginia Distribution Agreement: In contrast to the exclusive agreement, this type allows multiple distributors to sell the Fund's shares within Virginia simultaneously. — Limited Duration Virginia Distribution Agreement: This agreement specifies a specific time period for the continuous offering of the Fund's shares, after which the agreement automatically terminates unless renewed or extended. — Sub-Distribution Agreement: This refers to an agreement between a primary distributor and another distributor, allowing the latter to sell the Fund's shares in specified regions or markets within Virginia. It is crucial to consult legal counsel or refer to the specific terms and requirements provided by the Virginia regulatory authorities to ensure accuracy and compliance with the relevant laws and regulations governing the continuous offering of Fund's shares in the state.
Virginia Distribution Agreement regarding the continuous offering of the Fund's shares
Category:
State:
Multi-State
Control #:
US-EG-9373
Format:
Word;
Rich Text
Instant download
Description
Distribution Agreement between Prudential Tax-Managed Growth Fund and Prudential Investment Management Services, LLC regarding the continuous offering of the Fund's shares in order to promote the growth of the Fund and facilitate the distribution of the
The Virginia Distribution Agreement is an essential document that outlines the terms and conditions for the continuous offering of a Fund's shares in the state of Virginia. It serves as a legally binding contract between the Fund and the distributor, establishing guidelines and requirements for the sale, marketing, and distribution of shares within the jurisdiction. Keywords: 1. Virginia: This refers to the state where the Distribution Agreement is applicable, indicating the specific legal framework and regulations that govern the continuous offering of the Fund's shares within Virginia. 2. Distribution Agreement: This refers to the contractual agreement between the Fund and the distributor, defining the terms, obligations, and responsibilities related to the sale and distribution of the Fund's shares. 3. Continuous Offering: This highlights the ongoing nature of the Fund's shares availability for purchase by investors, emphasizing that it is not a one-time offering but an opportunity for investors to buy shares over an extended period. 4. Fund's Shares: This refers to the units of ownership in the Fund that are being offered for sale to investors. These shares represent an investor's proportional interest in the Fund's assets and potential returns. 5. Keywords related to the content of the Agreement may include: sale, purchase, marketing, promotion, disclosure, commissions, fees, reporting, compliance, termination, amendment, representations, warranties, obligations, and indemnification. It is important to note that without specific information about the types of Virginia Distribution Agreement, it is challenging to name them. However, some possible variations that might exist could include: — Standard Virginia Distribution Agreement: This refers to the most common type of agreement that sets out the general terms and conditions for the continuous offering of the Fund's shares in Virginia. — Exclusive Virginia Distribution Agreement: This agreement grants exclusive distribution rights to a specific distributor in the state of Virginia, preventing other distributors from selling the Fund's shares within the jurisdiction. — Non-Exclusive Virginia Distribution Agreement: In contrast to the exclusive agreement, this type allows multiple distributors to sell the Fund's shares within Virginia simultaneously. — Limited Duration Virginia Distribution Agreement: This agreement specifies a specific time period for the continuous offering of the Fund's shares, after which the agreement automatically terminates unless renewed or extended. — Sub-Distribution Agreement: This refers to an agreement between a primary distributor and another distributor, allowing the latter to sell the Fund's shares in specified regions or markets within Virginia. It is crucial to consult legal counsel or refer to the specific terms and requirements provided by the Virginia regulatory authorities to ensure accuracy and compliance with the relevant laws and regulations governing the continuous offering of Fund's shares in the state.
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