Travis Texas Distribution Agreement regarding the continuous offering of the Trust's transferable shares of beneficial interest

• Category: Corporations - Public - Distribution
• State: Multi-State
• County: Travis
• 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 Travis Texas Distribution Agreement is a legal document that outlines the terms and conditions for the continuous offering of the Trust's transferable shares of beneficial interest. This agreement governs the distribution and sale of these shares to potential investors who wish to participate in the Trust. Key terms in this agreement include "continuous offering" which refers to the ongoing availability of the Trust's transferable shares to interested parties. This means that the Trust is constantly open for investment, allowing new investors to buy shares at any given time. Another important term is "transferable shares of beneficial interest." These are the units of ownership in the Trust that can be bought and sold by investors. These shares represent a proportional ownership interest in the assets and profits of the Trust. Travis Texas Distribution Agreement specifies the terms of how these shares can be offered, sold, and redeemed. It includes regulations regarding the process of subscription, the pricing of shares, any minimum investment requirements, and the procedures for redemption or transfer of shares. It is essential to note that there may be different types of Travis Texas Distribution Agreements based on specific requirements or unique circumstances. For example: 1. Initial Public Offering (IPO) Distribution Agreement: This type of agreement is applicable when the Trust is initially going public and offering its transferable shares to the public for the first time. It outlines the terms of the offering and the processes involved in the IPO. 2. Private Placement Distribution Agreement: In situations where the Trust is seeking investments from a select group of private investors, a private placement distribution agreement comes into play. This agreement sets out the terms for selling the Trust's transferable shares to these specific investors. 3. Secondary Market Distribution Agreement: When the Trust's transferable shares are traded on a secondary market, such as a stock exchange, a secondary market distribution agreement governs the ongoing distribution of these shares to interested buyers and sellers. These are just a few possible variations of Travis Texas Distribution Agreements depending on the specific circumstances and offerings of the Trust. It is crucial for all parties involved to carefully review and understand the agreement to ensure compliance and a clear understanding of their rights and obligations.

Travis Texas Distribution Agreement is a legal document that outlines the terms and conditions for the continuous offering of the Trust's transferable shares of beneficial interest. This agreement governs the distribution and sale of these shares to potential investors who wish to participate in the Trust. Key terms in this agreement include "continuous offering" which refers to the ongoing availability of the Trust's transferable shares to interested parties. This means that the Trust is constantly open for investment, allowing new investors to buy shares at any given time. Another important term is "transferable shares of beneficial interest." These are the units of ownership in the Trust that can be bought and sold by investors. These shares represent a proportional ownership interest in the assets and profits of the Trust. Travis Texas Distribution Agreement specifies the terms of how these shares can be offered, sold, and redeemed. It includes regulations regarding the process of subscription, the pricing of shares, any minimum investment requirements, and the procedures for redemption or transfer of shares. It is essential to note that there may be different types of Travis Texas Distribution Agreements based on specific requirements or unique circumstances. For example: 1. Initial Public Offering (IPO) Distribution Agreement: This type of agreement is applicable when the Trust is initially going public and offering its transferable shares to the public for the first time. It outlines the terms of the offering and the processes involved in the IPO. 2. Private Placement Distribution Agreement: In situations where the Trust is seeking investments from a select group of private investors, a private placement distribution agreement comes into play. This agreement sets out the terms for selling the Trust's transferable shares to these specific investors. 3. Secondary Market Distribution Agreement: When the Trust's transferable shares are traded on a secondary market, such as a stock exchange, a secondary market distribution agreement governs the ongoing distribution of these shares to interested buyers and sellers. These are just a few possible variations of Travis Texas Distribution Agreements depending on the specific circumstances and offerings of the Trust. It is crucial for all parties involved to carefully review and understand the agreement to ensure compliance and a clear understanding of their rights and obligations.