Common use of Duties and Obligations of the Agent Clause in Contracts

Duties and Obligations of the Agent. (a) The Agent will serve in a "best efforts" capacity in the offering, sale and distribution of the Shares. The Agent may offer the Shares as an agent, but all sales shall be made by the Company acting through the Agent as an agent, and not by the Agent as a principal. The Agent shall have no authority to appoint any person or other entity as an agent or sub-agent of the Agent or the Company, except to appoint Soliciting Dealers acceptable to the Company.

Appears in 15 contracts

Samples: Manager Agreement (G Reit Inc), Manager Agreement (A Reit Inc), Dealer Manager Agreement (NNN Apartment REIT, Inc.)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.