Common use of Dealer Manager Fee Clause in Contracts

Dealer Manager Fee. Subject to special circumstances described in or otherwise provided in the “Plan of Distribution” section of the Prospectus or this Section 5.2, the Company will pay to the Dealer Manager a dealer manager fee in the amount of 3.0% of the gross proceeds from the sale of the Primary Shares (the “Dealer Manager Fee”), a portion of which may be reallowed to Participating Dealers (as described more fully in the Participating Dealer Agreement entered into with such Participating Dealer), which reallowance, if any, shall be determined by the Dealer Manager in its discretion based on factors including, but not limited to, the number of shares sold by such Participating Dealer, the assistance of such Participating Dealer in marketing the Offering and due diligence expenses incurred, and the extent to which similar fees are reallowed to participating broker-dealers in similar offerings being conducted during the Offering Period; provided, however, that no Dealer Manager Fee shall be payable in respect of the purchase of Primary Shares by an officer or director of the Company, or by officers and employees the Advisor and the Advisor’s affiliates.

Appears in 16 contracts

Samples: Dealer Manager Agreement (NorthStar Real Estate Income II, Inc.), Dealer Manager Agreement (NorthStar Real Estate Income II, Inc.), Dealer Manager Agreement (NorthStar Real Estate Income II, Inc.)

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Dealer Manager Fee. Subject to volume discounts and other special circumstances described in or otherwise provided for in the “Plan of Distribution” section of the Prospectus or this Section 5.25.1, the Company will pay to the Dealer Manager a dealer manager fee in the amount of 3.02.75% of the gross proceeds from the sale of the Primary Shares (the “Dealer Manager Fee”), a portion of which may be reallowed to Participating Dealers (as described more fully in the Participating Dealer Agreement entered into with such Participating Dealer), which reallowance, if any, shall be determined by the Dealer Manager in its discretion based on factors including, but not limited to, the number of shares sold by such Participating Dealer, the assistance of such Participating Dealer in marketing the Offering and due diligence expenses incurred, and the extent to which similar fees are reallowed to participating broker-dealers in similar offerings being conducted during the Offering Period; provided, however, that no . No Dealer Manager Fee shall be payable in respect of the purchase of Primary Shares by an officer or director of the Company, or by officers and employees the Advisor and the Advisor’s affiliatesany DRIP Shares.

Appears in 3 contracts

Samples: Dealer Manager Agreement (O'Donnell Strategic Industrial REIT, Inc.), Dealer Manager Agreement (O'Donnell Strategic Gateway REIT, Inc.), Dealer Manager Agreement (O'Donnell Strategic Gateway REIT, Inc.)

Dealer Manager Fee. Subject to special circumstances described in or otherwise provided in the “Plan of Distribution” section of the Prospectus or this Section 5.2, the Company will pay to the Dealer Manager a dealer manager fee in the an amount of up to 3.0% of the gross proceeds from the sale of the Primary Shares (the “Dealer Manager Fee”), a portion of which may be reallowed to Participating Dealers (as described more fully in the Participating Dealer Agreement entered into with such Participating Dealer), which reallowance, if any, shall be determined by the Dealer Manager in its discretion based on factors including, but not limited to, the number of shares sold by such Participating Dealer, the assistance of such Participating Dealer in marketing the Offering and due diligence expenses incurred, and the extent to which similar fees are reallowed to participating broker-dealers in similar offerings being conducted during the Offering Period; provided, however, that no Dealer Manager Fee shall be payable in respect of the purchase of Primary Shares by an officer or director of the Company, or by officers and employees the Advisor and the Advisor’s affiliates. The Company will not pay the Dealer Manager Fee in respect of the purchase of any DRP Shares.

Appears in 2 contracts

Samples: Dealer Manager Agreement (NorthStar/RXR New York Metro Income, Inc.), Dealer Manager Agreement (NorthStar/RXR New York Metro Income, Inc.)

Dealer Manager Fee. Subject to special circumstances described in or otherwise provided in the “Plan of Distribution” section of the Prospectus or this Section 5.2, the Company will pay to the Dealer Manager a dealer manager fee in the amount of 3.0% of the gross proceeds from the sale of the Primary Shares (the “Dealer Manager Fee”), a portion of which may be reallowed to Participating Dealers (as described more fully in the Participating Dealer Agreement entered into with such Participating Dealer), which reallowance, if any, shall be determined by the Dealer Manager in its discretion based on factors including, but not limited to, the number of shares sold by such Participating Dealer, the assistance of such Participating Dealer in marketing the Offering and due diligence expenses incurred, and the extent to which similar fees are reallowed to participating broker-dealers in similar offerings being conducted during the Offering Period; provided, however, that no Dealer Manager Fee shall be payable in respect of the purchase of Primary Shares by an officer or director of the Company, or by officers and employees the Advisor and the Advisor’s affiliates. The Company will not pay the Dealer Manager in respect of the purchase of any DRP Shares.

Appears in 2 contracts

Samples: Dealer Manager Agreement (NorthStar Healthcare Income, Inc.), Dealer Manager Agreement (NorthStar Healthcare Income, Inc.)

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Dealer Manager Fee. Subject to special circumstances Except as described in or otherwise provided in the “Plan of Distribution” section of the Prospectus or this Section 5.2, the Company Fund will pay to the Dealer Manager a dealer manager fee in the an amount of 3.0up to 2.0% of the gross proceeds from the selling price of Share for which a sale of the Primary Shares is completed (the “Dealer Manager Fee”), a portion of which may be reallowed to Participating Dealers (as described more fully in the Participating Dealer Agreement entered into with such Participating Dealer), which reallowance, if any, shall be determined by the Dealer Manager in its discretion based on factors including, but not limited to, the number of shares sold by such Participating Dealer, the assistance of such Participating Dealer in marketing the Offering and due diligence expenses incurred, and the extent to which similar fees are reallowed to participating broker-dealers in similar offerings being conducted during the Offering Period; provided, however, that no Dealer Manager Fee shall be payable in respect of the purchase of Primary Shares by an officer or director of the CompanyFund, or by officers and employees the Advisor and Adviser, the Advisor’s Sub-Adviser, or their respective affiliates. If such additional compensation is paid, then the dealers receiving the compensation may have additional responsibilities under the securities laws.

Appears in 2 contracts

Samples: Dealer Manager Agreement (NorthStar Corporate Income Fund-T), Dealer Manager Agreement (NorthStar Corporate Income Fund-T)

Dealer Manager Fee. Subject to special circumstances Except as described in or otherwise provided in the “Plan of Distribution” section of the Prospectus or this Section 5.2, the Company Trust will pay to the Dealer Manager a dealer manager fee in the an amount of 3.0up to 2.0% of the gross proceeds from the selling price of each Share for which a sale of the Primary Shares is completed (the “Dealer Manager Fee”), a portion of which may be reallowed to Participating Dealers (as described more fully in the Participating Dealer Agreement entered into with such Participating Dealer), which reallowance, if any, shall be determined by the Dealer Manager in its discretion based on factors including, but not limited to, the number of shares sold by such Participating Dealer, the assistance of such Participating Dealer in marketing the Offering and due diligence expenses incurred, and the extent to which similar fees are reallowed to participating broker-dealers in similar offerings being conducted during the Offering Period; provided, however, that no Dealer Manager Fee shall be payable in respect of the purchase of Primary Shares by an officer or director of the CompanyTrust, or by officers and employees the Advisor and Advisor, the Co-Advisor’s , or their respective affiliates. If such additional compensation is paid, then the dealers receiving the compensation may have additional responsibilities under the securities laws.

Appears in 1 contract

Samples: Dealer Manager Agreement (NorthStar Real Estate Capital Income Fund-T)

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