Racehorse Syndicate Agreement Format In Collin

Category:
State:
Multi-State
County:
Collin
Control #:
US-00039DR
Format:
Word; 
Rich Text
Instant download

Description

The Racehorse Syndicate Agreement format in Collin outlines the structure for a syndicate of owners interested in fractional ownership of a thoroughbred stallion. The agreement delineates the roles of the initial owners and the syndicate manager, specifying how ownership interests are divided into equal undivided fractional interests. Key features include provisions for the transferability of interests, rights and obligations of members, and management responsibilities of the syndicate manager. Filling and editing instructions emphasize clarity and straightforward completion, requiring users to input pertinent details such as the names of owners, the stallion's name, and other specific conditions. Use cases are particularly relevant for attorneys, partners, and owners involved in horse racing, as well as associates, paralegals, and legal assistants who require a clear understanding of their rights and responsibilities. The format facilitates cooperation in managing breeding rights, nominations, and financial responsibilities while ensuring compliance with legal standards. Overall, this agreement serves as an essential legal framework for those participating in thoroughbred horse syndication.
Free preview
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement

Form popularity

FAQ

A syndicate is a group of between 3 – 100 people. Horse(s) will race under the syndicate name and carry the syndicate colours. A syndicate has one agent responsible for administration and management. All syndicates are required to have a syndicate agreement and code of conduct.

Middleham Park Racing. We are the UK's most successful racehorse syndication company, with over 1,600 winners under both codes, including 72 Group/Graded and Listed race winners.

How many people are normally in a horse racing syndicate? This can vary, but normally racehorse syndicates have between 8 and 20 people as members.

Horse Racing Syndicates: How to Share Costs and Own a Racehorse Keep the partnership simple and get everything in writing. Find a horse you like and a great veterinarian you trust. Decide how many shares will be offered in a horse. Choose your trainer wisely. Map out a plan and consult with your partners and trainer.

Social Structure A herd of wild horses consists of one or two stallions, a group of mares, and their foals. The leader of the herd is usually an older mare (the “alpha mare”), even though one stallion owns the herd. She maintains her dominant role even though she may be physically weaker than the others.

A syndicate agreement is a contract between two parties in which one party agrees to provide capital for another party's business venture. It can also be used as a legal document that defines the relationship and terms of the investment.

Racing Club, commonly known as Racing, is a professional football club based in Avellaneda, Argentina. Founded in 1903, Racing Club is one of the oldest and most successful clubs in Argentine football history.

The group is organized independently by the entities that form it. A syndicate's primary notable quality is that the groups within it work together to conduct some type of business in order to pursue and promote their collective interests.

Trusted and secure by over 3 million people of the world’s leading companies

Racehorse Syndicate Agreement Format In Collin