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
Palm Beach Florida Distribution Agreement is a legally binding contract that governs the ongoing offering of transferable shares of beneficial interest in a Trust. This agreement outlines the terms and conditions under which the Trust's shares will be distributed and sold to interested parties. It ensures a transparent and regulated process for the continuous offering of these shares. The Palm Beach Florida Distribution Agreement consists of various clauses and provisions, each essential for successful share distribution. Firstly, it includes provisions for the registration of the shares with the appropriate regulatory authorities, ensuring compliance with applicable laws and regulations. This helps to establish the legitimacy and transparency of the offering. Additionally, the agreement outlines the terms of the offering, including the pricing structure, minimum investment requirements, and any associated fees or expenses. These details ensure that potential investors have a clear understanding of the financial commitment and expectations associated with purchasing these transferable shares. Furthermore, the agreement may incorporate provisions related to the marketing and promotion of the Trust's shares. This can include guidelines for the use of marketing materials, restrictions on advertising claims, and compliance with securities laws governing the solicitation of investors. Depending on the nature of the Trust and its objectives, there may be different types of Palm Beach Florida Distribution Agreements. These can include: 1. Initial Offering Distribution Agreement: This agreement pertains to the initial distribution of transferable shares of beneficial interest in the Trust. It establishes the terms and conditions for the first offering. 2. Supplemental Offering Distribution Agreement: In case the Trust decides to conduct subsequent offerings or issue additional shares, a supplemental agreement may be used. This agreement builds upon the initial offering agreement, providing updated terms and conditions for the continuous offering. 3. Redemption Distribution Agreement: If the Trust offers a redemption program allowing shareholders to sell their investment back to the Trust, a redemption distribution agreement may be implemented. This agreement governs the share redemption process, specifying the terms, conditions, and procedures involved. In summary, the Palm Beach Florida Distribution Agreement ensures the ongoing and regulated offering of transferable shares of beneficial interest in a Trust. It incorporates provisions related to registration, pricing, marketing, and compliance, providing a clear framework for the continuous offering of these shares.
Palm Beach Florida Distribution Agreement is a legally binding contract that governs the ongoing offering of transferable shares of beneficial interest in a Trust. This agreement outlines the terms and conditions under which the Trust's shares will be distributed and sold to interested parties. It ensures a transparent and regulated process for the continuous offering of these shares. The Palm Beach Florida Distribution Agreement consists of various clauses and provisions, each essential for successful share distribution. Firstly, it includes provisions for the registration of the shares with the appropriate regulatory authorities, ensuring compliance with applicable laws and regulations. This helps to establish the legitimacy and transparency of the offering. Additionally, the agreement outlines the terms of the offering, including the pricing structure, minimum investment requirements, and any associated fees or expenses. These details ensure that potential investors have a clear understanding of the financial commitment and expectations associated with purchasing these transferable shares. Furthermore, the agreement may incorporate provisions related to the marketing and promotion of the Trust's shares. This can include guidelines for the use of marketing materials, restrictions on advertising claims, and compliance with securities laws governing the solicitation of investors. Depending on the nature of the Trust and its objectives, there may be different types of Palm Beach Florida Distribution Agreements. These can include: 1. Initial Offering Distribution Agreement: This agreement pertains to the initial distribution of transferable shares of beneficial interest in the Trust. It establishes the terms and conditions for the first offering. 2. Supplemental Offering Distribution Agreement: In case the Trust decides to conduct subsequent offerings or issue additional shares, a supplemental agreement may be used. This agreement builds upon the initial offering agreement, providing updated terms and conditions for the continuous offering. 3. Redemption Distribution Agreement: If the Trust offers a redemption program allowing shareholders to sell their investment back to the Trust, a redemption distribution agreement may be implemented. This agreement governs the share redemption process, specifying the terms, conditions, and procedures involved. In summary, the Palm Beach Florida Distribution Agreement ensures the ongoing and regulated offering of transferable shares of beneficial interest in a Trust. It incorporates provisions related to registration, pricing, marketing, and compliance, providing a clear framework for the continuous offering of these shares.