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
Hennepin Minnesota Distribution Agreement is a legal document that governs the continuous offering of the Trust's transferable shares of beneficial interest. This agreement outlines the terms and conditions under which the shares will be distributed to investors and facilitates the ongoing sale and purchase of these securities. The distribution agreement ensures compliance with regulatory requirements and establishes a framework for the distribution process. It provides guidelines for the offering of shares, including the pricing and minimum investment requirements. The agreement also specifies the roles and responsibilities of the parties involved, such as the Trust, the distribution agent, and any other intermediaries. In terms of continuous offerings, Hennepin Minnesota Distribution Agreement may have different types based on specific features or provisions. Some common variations could include: 1. Standard Continuous Offering Agreement: This is the most common type, outlining the general terms and conditions for the ongoing distribution of the Trust's shares. It typically includes details about the duration of the offering, procedures for subscribing, and potential limitations on redemption or transfer of shares. 2. Modified Continuous Offering Agreement: This type introduces specific modifications or additional provisions to the standard agreement. These modifications may be tailored to meet particular legal or regulatory requirements, or to accommodate specific features of the Trust's investment strategy. 3. Limited Continuous Offering Agreement: This agreement restricts the ongoing offering to a particular timeframe or a limited number of shares. It is commonly used when the Trust intends to distribute shares for a fixed period or until a predetermined fundraising target is achieved. 4. Automatic Offering Agreement: This type of agreement enables the automatic issuance and distribution of shares to existing investors. It often includes provisions for reinvestment of dividends or distributions and may specify the frequency at which shares are automatically offered. 5. Rolling Continuous Offering Agreement: This agreement sets forth provisions for the continuous offering of shares, with no predetermined end date. It may allow the Trust to offer and distribute new shares periodically, ensuring a steady flow of capital, while maintaining compliance with applicable regulations. In conclusion, the Hennepin Minnesota Distribution Agreement governs the continuous offering of the Trust's transferable shares of beneficial interest. It outlines the terms and conditions for the distribution, ensuring compliance with regulatory requirements. Different types of agreements may exist, with varying features and provisions, such as standard continuous offering agreements, modified agreements, limited agreements, automatic offering agreements, and rolling continuous offering agreements. These agreements provide a framework for the ongoing sale and purchase of shares in the Trust, facilitating investor participation and the smooth functioning of the distribution process.
Hennepin Minnesota Distribution Agreement is a legal document that governs the continuous offering of the Trust's transferable shares of beneficial interest. This agreement outlines the terms and conditions under which the shares will be distributed to investors and facilitates the ongoing sale and purchase of these securities. The distribution agreement ensures compliance with regulatory requirements and establishes a framework for the distribution process. It provides guidelines for the offering of shares, including the pricing and minimum investment requirements. The agreement also specifies the roles and responsibilities of the parties involved, such as the Trust, the distribution agent, and any other intermediaries. In terms of continuous offerings, Hennepin Minnesota Distribution Agreement may have different types based on specific features or provisions. Some common variations could include: 1. Standard Continuous Offering Agreement: This is the most common type, outlining the general terms and conditions for the ongoing distribution of the Trust's shares. It typically includes details about the duration of the offering, procedures for subscribing, and potential limitations on redemption or transfer of shares. 2. Modified Continuous Offering Agreement: This type introduces specific modifications or additional provisions to the standard agreement. These modifications may be tailored to meet particular legal or regulatory requirements, or to accommodate specific features of the Trust's investment strategy. 3. Limited Continuous Offering Agreement: This agreement restricts the ongoing offering to a particular timeframe or a limited number of shares. It is commonly used when the Trust intends to distribute shares for a fixed period or until a predetermined fundraising target is achieved. 4. Automatic Offering Agreement: This type of agreement enables the automatic issuance and distribution of shares to existing investors. It often includes provisions for reinvestment of dividends or distributions and may specify the frequency at which shares are automatically offered. 5. Rolling Continuous Offering Agreement: This agreement sets forth provisions for the continuous offering of shares, with no predetermined end date. It may allow the Trust to offer and distribute new shares periodically, ensuring a steady flow of capital, while maintaining compliance with applicable regulations. In conclusion, the Hennepin Minnesota Distribution Agreement governs the continuous offering of the Trust's transferable shares of beneficial interest. It outlines the terms and conditions for the distribution, ensuring compliance with regulatory requirements. Different types of agreements may exist, with varying features and provisions, such as standard continuous offering agreements, modified agreements, limited agreements, automatic offering agreements, and rolling continuous offering agreements. These agreements provide a framework for the ongoing sale and purchase of shares in the Trust, facilitating investor participation and the smooth functioning of the distribution process.