Estimated value. Consistent with FINRA Rule 2310(b)(5) as the same may be amended from time to time, commencing no later than 150 days after the second anniversary of breaking escrow for the Offering, the Company will disclose in a periodic or current report filed pursuant to Section 13(a) or 15(d) of the Exchange Act and in each annual report thereafter, a per share estimated value of the Shares: (i) based on the valuation of the Company’s assets and liabilities performed at least annually by, or with the material assistance or confirmation of, a third-party valuation expert or service; (ii) derived from a methodology that conforms to standard industry practice; and (iii) accompanied by the Company’s report, delivered at least annually, that explains the scope of the review, the valuation methodology used and the basis for the reported value.
Appears in 6 contracts
Samples: Dealer Manager Agreement (Inland Residential Properties Trust, Inc.), Dealer Manager Agreement (Inland Residential Properties Trust, Inc.), Dealer Manager Agreement (Inland Residential Properties Trust, Inc.)
