Commissions and Marketing Support Fees. (a) The Company shall pay to the Managing Dealer, as compensation for all services to be rendered by the Managing Dealer pursuant to this Agreement, a commission of up to seven percent (7.0%) of the selling price of each Share for which a sale is completed, including a sale of Shares made under the Automatic Purchase Plan, regardless of whether such Share is sold by the Managing Dealer or a Participating Broker; provided, however, that the Company will not pay commissions for sales of Shares pursuant to the Reinvestment Plan and will pay reduced commissions or may eliminate commissions on certain sales of Shares, including the reduction or elimination of commissions in accordance with, and on the terms set forth in, the Prospectus and Section 3.2(a) and 3.2(c) herein, which reduction or elimination of commissions will not change the net proceeds to the Company. Such commission rate shall remain in effect during the full term of this Agreement unless otherwise changed by a written agreement between the parties hereto. The Managing Dealer may reallow all or any portion of such selling commissions to Participating Brokers as it sees fit. (b) The Company shall pay to the Managing Dealer a nonaccountable marketing support fee for assistance in selling and marketing the Shares of three percent (3.0%) of the selling price of each Share for which a sale is completed, including a sale of Shares made under the Automatic Purchase Plan, except for sales of Shares pursuant to the Reinvestment Plan or subject to reduced marketing support fees as described in Section 3.
Appears in 7 contracts
Samples: Managing Dealer Agreement (Macquarie CNL Global Income Trust, Inc.), Managing Dealer Agreement (CNL Macquarie Global Income Trust, Inc.), Managing Dealer Agreement (CNL Macquarie Global Growth Trust, Inc.)
Commissions and Marketing Support Fees. (a) The Company shall pay to the Managing Dealer, as compensation for all services to be rendered by the Managing Dealer pursuant to this Agreement, a commission of up to seven percent (7.0%) of the selling price of each Share for which a sale is completed, including a gross proceeds to the Company from the sale of Shares made under in the Automatic Purchase PlanOffering, regardless of whether such Share is sold by the Managing Dealer or a Participating Broker; provided, however, that the Company will shall not pay commissions for sales of Shares pursuant to the Reinvestment Plan and will Plan. Investors may pay reduced commissions or may eliminate commissions on certain sales of Shares, including the reduction or elimination of commissions in accordance with, and on the terms set forth in, the Prospectus and Section 3.2(a4.2(a) and 3.2(c4.2(c) herein, which reduction or elimination of commissions will shall not change the net proceeds to the CompanyCompany at the time of such purchase. Such commission rate shall remain in effect during the full term of this Agreement unless otherwise changed by a written agreement between the parties hereto. The Managing Dealer may reallow all or any portion of such selling commissions to Participating Brokers as it sees fit.
(b) The Company shall pay to the Managing Dealer a nonaccountable marketing support fee for assistance in selling and marketing the Shares of up to three percent (3.0%) of the selling price of each Share for which a sale is completed, including a gross proceeds to the Company from the sale of Shares made under in the Automatic Purchase PlanOffering, except for sales of Shares made pursuant to the Reinvestment Plan or subject to reduced marketing support fees as described in Section 34.
Appears in 2 contracts
Samples: Managing Dealer Agreement (Corporate Capital Trust, Inc.), Managing Dealer Agreement (Corporate Capital Trust, Inc.)
Commissions and Marketing Support Fees. (a) The Company shall pay to the Managing Dealer, as compensation for all services to be rendered by the Managing Dealer pursuant to this Agreement, a commission of up to seven percent (7.0%) of the selling price of each Share for which a sale is completed, including a sale of Shares made under the Automatic Purchase Plan, regardless of whether such Share is sold by the Managing Dealer or a Participating Broker; provided, however, that the Company will not pay commissions for sales of Shares pursuant to the Reinvestment Plan and will may pay reduced commissions or may eliminate commissions on certain sales of Shares, including the reduction or elimination of commissions in accordance with, and on the terms set forth in, the Prospectus and Section 3.2(a) and 3.2(c) herein, which reduction or elimination of commissions will not change the net proceeds to the Company. Such commission rate shall remain in effect during the full term of this Agreement unless otherwise changed by a written agreement between the parties hereto. The Managing Dealer may reallow all or any portion of such selling commissions to Participating Brokers as it sees fit.
(b) The Company shall pay to the Managing Dealer a nonaccountable marketing support fee for assistance in selling and marketing the Shares of three percent (3.0%) of the selling price of each Share for which a sale is completed, including a sale of Shares made under the Automatic Purchase Plan, except for sales of Shares pursuant to the Reinvestment Plan or subject to reduced marketing support fees as described in Section 3.
Appears in 2 contracts
Samples: Managing Dealer Agreement (CNL Diversified Lifestyle Properties, Inc.), Managing Dealer Agreement (CNL Diversified Lifestyle Properties, Inc.)
Commissions and Marketing Support Fees. (a) The Company shall pay to the Managing Dealer, as compensation for all services to be rendered by the Managing Dealer pursuant to this Agreement, a commission of up to seven percent (7.0%) of the selling price of each Share for which a sale is completed, including a sale of Shares made under the Automatic Purchase Plan, regardless of whether such Share is sold by the Managing Dealer or a Participating Broker; provided, however, that the Company will not pay commissions for sales of Shares pursuant to the Reinvestment Plan and will pay reduced commissions or may eliminate commissions on certain sales of Shares, including the reduction or elimination of commissions in accordance with, and on the terms set forth in, the Prospectus and Section 3.2(a) and 3.2(c) herein, which reduction or elimination of commissions will not change the net proceeds to the Company. Such commission rate shall remain in effect during the full term of this Agreement unless otherwise changed by a written agreement between the parties hereto. The Managing Dealer may reallow all or any portion of such selling commissions to Participating Brokers as it sees fit.
(b) The Company shall pay to the Managing Dealer a nonaccountable marketing support fee for assistance in selling and marketing the Shares of three percent (3.0%) of the selling price of each Share for which a sale is completed, including a sale of Shares made under the Automatic Purchase Plan, except for sales of Shares pursuant to the Reinvestment Plan or subject to reduced marketing support fees as described in Section 3.Section
Appears in 1 contract
Samples: Managing Dealer Agreement (CNL Growth Properties, Inc.)
Commissions and Marketing Support Fees. (a) The Company shall pay to the Managing Dealer, as compensation for all services to be rendered by the Managing Dealer pursuant to this Agreement, a commission of up to seven percent (7.0%) of the selling price of each Share for which a sale is completed, including a sale of Shares made under the Automatic Purchase Plan, regardless of whether such Share is sold by the Managing Dealer or a Participating Broker; provided, however, that the Company will not pay commissions for sales of Shares pursuant to the Reinvestment Plan and will pay reduced commissions or may eliminate commissions on certain sales of Shares, including the reduction or elimination of commissions in accordance with, and on the terms set forth in, the Prospectus and Section 3.2(a) and 3.2(c) herein, which reduction or elimination of commissions will not change the net proceeds to the Company. Such commission rate shall remain in effect during the full term of this Agreement unless otherwise changed by a written agreement between the parties hereto. The Managing Dealer may reallow all or any portion of such selling commissions to Participating Brokers as it sees fit.
(b) The Company shall pay to the Managing Dealer a nonaccountable marketing support fee for assistance in selling and marketing the Shares of three percent (3.0%) of the selling price of each Share for which a sale is completed, including a sale of Shares made under the Automatic Purchase Plan, except for sales of Shares pursuant to the Reinvestment Plan or subject to reduced marketing support fees as described in Section 3.support
Appears in 1 contract
Samples: Managing Dealer Agreement (Global Growth Trust, Inc.)
Commissions and Marketing Support Fees. (a) The Company shall pay to the Managing Dealer, as compensation for all services to be rendered by the Managing Dealer pursuant to this Agreement, a commission of up to seven percent (7.0%) of the selling price of each Share for which a sale is completed, including a sale of Shares made under the Automatic Purchase Plan, regardless of whether such Share is sold by the Managing Dealer or a Participating Broker; provided, however, that the Company will not pay commissions for sales of Shares pursuant to the Reinvestment Plan and will pay reduced commissions or may eliminate commissions on certain sales of Shares, including the reduction or elimination of commissions in accordance with, and on the terms set forth in, the Prospectus and Section 3.2(a) and 3.2(c) herein, which reduction or elimination of commissions will not change the net proceeds to the Company. Such commission rate shall remain in effect during the full term of this Agreement unless otherwise changed by a written agreement between the parties hereto. The Managing Dealer may reallow all or any a portion of such selling commissions to Participating Brokers as it sees fit.
(b) The Company shall pay to the Managing Dealer a nonaccountable marketing support fee for assistance in selling and marketing the Shares of three percent (3.0%) of the selling price of each Share for which a sale is completed, including a sale of Shares made under the Automatic Purchase Plan, except for sales of Shares pursuant to the Reinvestment Plan or subject to reduced marketing support fees as described in Section 3.
Appears in 1 contract
Samples: Managing Dealer Agreement (CNL Macquarie Global Growth Trust, Inc.)