Common use of Authorization of Shares Clause in Contracts

Authorization of Shares. The Shares have been duly authorized and, when issued and sold as contemplated by the Prospectus and upon payment therefor as provided in this Agreement and the Prospectus, will be validly issued, fully paid and nonassessable and will conform to the description thereof contained in the Prospectus.

Appears in 61 contracts

Samples: Exclusive Dealer Manager Agreement (American Realty Capital New York City REIT II, Inc.), Exclusive Dealer Manager Agreement (American Realty Capital Healthcare Trust III, Inc.), Exclusive Dealer Manager Agreement (American Realty Capital - Retail Centers of America II, Inc.)

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Authorization of Shares. The Shares have been duly authorized and, when issued and sold as contemplated by the Prospectus and upon payment therefor as provided in this Agreement and the Prospectus, will be validly issued, fully paid and nonassessable and will conform to the description thereof contained in the Prospectus.

Appears in 33 contracts

Samples: Dealer Manager Agreement (Terra Income Fund 6, Inc.), Dealer Manager Agreement (Carter Validus Mission Critical REIT II, Inc.), Soliciting Dealer Agreement (United Development Funding Income Fund V)

Authorization of Shares. The Shares have been duly authorized and, when issued and sold as contemplated by the Prospectus and upon payment therefor as provided in this Agreement and the Prospectus, will be validly issued, fully paid and nonassessable and will conform in all material aspects to the description thereof contained in the Prospectus.

Appears in 24 contracts

Samples: Dealer Manager Agreement (IPC Alternative Real Estate Income Trust, Inc.), Dealer Manager Agreement (NexPoint Real Estate Finance, Inc.), Selected Dealer Agreement (InPoint Commercial Real Estate Income, Inc.)

Authorization of Shares. The Shares have been duly authorized and, when issued and sold as contemplated by the Prospectus and the Company’s charter, as amended and supplemented, and upon payment therefor as provided in the Prospectus and this Agreement and Agreement, the Prospectus, Shares will be validly issued, fully paid and nonassessable and will conform to the description thereof contained in the Prospectus.

Appears in 6 contracts

Samples: Dealer Manager Agreement (Resource Innovation Office REIT, Inc.), Dealer Manager Agreement (Resource Innovation Office REIT, Inc.), Dealer Manager Agreement (Resource Innovation Office REIT, Inc.)

Authorization of Shares. The Shares have been duly authorized and, when issued and sold as contemplated by the Prospectus and upon payment therefor as provided in this Agreement and the Prospectus, will be validly issued, fully paid and nonassessable non-assessable and will conform to the description thereof contained in the Prospectus.

Appears in 3 contracts

Samples: Selling Agreement (MVP REIT II, Inc.), Selling Agreement (MVP REIT II, Inc.), Selling Agreement (MVP REIT II, Inc.)

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Authorization of Shares. The Shares have been duly authorized and, when issued and sold as contemplated by the Prospectus and upon payment therefor as provided in this Agreement and the Prospectus, will be validly issued, fully paid and nonassessable non-assessable and will conform to the description thereof contained in the Prospectus.

Appears in 1 contract

Samples: Exclusive Dealer Manager Agreement (American Realty Capital New York City REIT, Inc.)

Authorization of Shares. The Shares have been duly authorized and, when issued and sold as contemplated by the Prospectus and upon payment therefor therefore as provided in this Agreement and the Prospectus, will be validly issued, fully paid and nonassessable and will conform to the description thereof contained in the Prospectus.

Appears in 1 contract

Samples: Exclusive Dealer Manager Agreement (Grubb & Ellis Healthcare REIT, Inc.)

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