CONDITIONS TO THE. Dealer Manager's Obligations. ---------------------------------------------- The obligations of the Dealer Manager hereunder are subject, during the term of this Agreement and the Offering, to the conditions that: (a) at the effective date of the Registration Statement and thereafter during the term of this Agreement while any Units remain unsold, the Registration Statement shall remain in full force and effect authorizing the offer and sale of the Units; (b) no stop order suspending the effectiveness of the Offering or other order restraining the offer or sale of the Units shall have been issued nor proceedings therefor initiated or threatened by any state regulatory agency or the SEC; and (c) the Participating Broker shall have satisfactorily performed all of its obligations hereunder.
Appears in 2 contracts
Samples: Participating Broker Agreement (Commonwealth Income & Growth Fund Iv), Participating Broker Agreement (Commonwealth Income & Growth Fund Iv)
CONDITIONS TO THE. Dealer Manager's Obligations. ---------------------------------------------- ----------------------------------------------- The obligations of the Dealer Manager hereunder are subject, during the term of this Agreement and the Offering, to the conditions that: (a) at the effective date of the Registration Statement and thereafter during the term of this Agreement while any Units remain unsold, the Registration Statement shall remain in full force and effect authorizing the offer and sale of the Units; (b) no stop order suspending the effectiveness of the Offering or other order restraining the offer or sale of the Units shall have been issued nor proceedings therefor therefore initiated or threatened by any state regulatory agency or the SEC; and (c) the Participating Broker shall have satisfactorily performed all of its obligations hereunder.
Appears in 2 contracts
Samples: Broker Agreement (Commonwealth Income & Growth Fund V), Broker Agreement (Commonwealth Income & Growth Fund V)