Dealer Manager Expenses. In addition to payment of the Company expenses, the Company shall reimburse the Dealer Manager, or pay directly, as provided in the Prospectus for certain costs and expenses incident to the Offering, to the extent permitted pursuant to prevailing rules and regulations of FINRA, including without limitation, the reasonable expenses, fees and taxes incurred in connection with: (a) legal counsel to the Dealer Manager, including fees and expenses incurred prior to the Effective Date, provided such fees and expenses are incurred in relation to the Dealer Manager (including reasonable legal fees and other disbursements of counsel relating thereto); (b) customary travel, lodging, meals and reasonable entertainment expenses incurred in connection with the Offering; (c) attendance at broker-dealer sponsored conferences, educational conferences sponsored by the Company, industry sponsored conferences and informational seminars; (d) non-accountable due diligence fees incurred by the Dealer Manager or a Participating Dealer and (e) customary promotional items. Total underwriting compensation payable to the Dealer Manager by the Company and other entities affiliated with the Company shall not exceed 10% of the aggregate gross proceeds from the sale of Offered Shares; however, total underwriting compensation payable by the Company shall not exceed 8.0% of the aggregate gross proceeds from the sale of the Offered Shares.
Appears in 3 contracts
Samples: Dealer Manager Agreement (NexPoint Capital, Inc.), Dealer Manager Agreement (Nexpoint Multifamily Realty Trust, Inc.), Dealer Manager Agreement (NexPoint Capital, Inc.)
Dealer Manager Expenses. In addition to payment of the Company expenses, the Company shall reimburse the Dealer Manager, or pay directly, as provided in the Prospectus for certain costs and expenses incident to the Offering, to the extent permitted pursuant to prevailing rules and regulations of FINRA, including without limitation, the reasonable expenses, fees and taxes incurred in connection with: (a) legal counsel to the Dealer Manager, including fees and expenses incurred prior to the Effective Date, provided such fees and expenses are incurred in relation to the Dealer Manager (including reasonable legal fees and other disbursements of counsel relating thereto); (b) customary travel, lodging, meals and reasonable entertainment expenses incurred in connection with the Offering; (c) attendance at broker-dealer sponsored conferences, educational conferences sponsored by the Company, industry sponsored conferences and informational seminars; (d) non-accountable due diligence fees incurred by the Dealer Manager or a Participating Dealer and (e) customary promotional items. Total underwriting compensation payable to the Dealer Manager by the Company and other entities affiliated with the Company shall not exceed 10% of the aggregate gross proceeds from the sale of Offered Shares; however, total underwriting compensation payable by the Company shall not exceed 8.0% of the aggregate gross proceeds from the sale of the Offered Shares.
Appears in 2 contracts
Samples: Dealer Manager Agreement (NexPoint Hospitality Trust, Inc.), Dealer Manager Agreement (NexPoint Hospitality Trust, Inc.)
Dealer Manager Expenses. In addition to payment of the Company expenses, the Company shall reimburse the Dealer Manager, or pay directly, as provided in the Prospectus for certain costs and expenses incident to the Offering, to the extent permitted pursuant to prevailing rules and regulations of FINRA, including without limitation, the reasonable expenses, fees and taxes incurred in connection with: (a) legal counsel to the Dealer Manager, including fees and expenses incurred prior to the Effective Date, provided such fees and expenses are incurred in relation to the Dealer Manager (including reasonable legal fees and other disbursements of counsel relating thereto); (b) customary travel, lodging, meals and reasonable entertainment expenses incurred in connection with the Offering; (c) attendance at broker-dealer sponsored conferences, educational conferences sponsored by the Company, industry sponsored conferences and informational seminars; (d) non-accountable due diligence fees incurred by the Dealer Manager or a Participating Dealer and Dealer; (e) customary promotional items; and (f) sales incentives. Total underwriting compensation payable to the Dealer Manager by the Company and other entities affiliated with the Company shall not exceed 10% of the aggregate gross proceeds from the sale of Offered Shares; however, total underwriting compensation payable by the Company shall not exceed 8.0% of the aggregate gross proceeds from the sale of the Offered Shares.
Appears in 2 contracts
Samples: Dealer Manager Agreement (Nexpoint Multifamily Realty Trust, Inc.), Form of Dealer Manager Agreement (Nexpoint Multifamily Realty Trust, Inc.)