Common use of Commissions and Marketing Support Fees Clause in Contracts

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 gross proceeds from the sale of Shares, regardless of whether Shares are 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. Investors may pay reduced commissions on certain sales of Shares in accordance with, and on the terms set forth in, the Prospectus and Section 3.2(a) and 3.2(c) herein, which reduction 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 gross proceeds from the sale of Shares made in the Offering, except for sales of Shares pursuant to the Reinvestment Plan or subject to reduced marketing support fees as described in Section 3.

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 gross proceeds Gross Proceeds from the sale of SharesShares in the Offering, regardless of whether Shares are 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. Investors The Company may pay reduced commissions or eliminate commissions on certain sales of Shares 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 gross proceeds Gross Proceeds from the sale of Shares made in the Offering, except for sales of Shares made pursuant to the Reinvestment Plan or subject to reduced marketing support fees as described in Section 3.

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 gross proceeds to the company from the sale of SharesShares in the Offering, regardless of whether Shares are 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. Investors The Company may pay reduced commissions or eliminate commissions on certain sales of Shares 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 CompanyCompany at the time of purchase. Such commission rate shall will 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 gross proceeds to the Company from the sale of Shares made in the Offering, except for sales of Shares made pursuant to the Reinvestment Plan or subject to reduced marketing support fees as described in Section 3.