Common use of Expense Allowances Clause in Contracts

Expense Allowances. In addition to the compensation described in ------------------ Section 6 above, the Company will pay the Agent an amount equal to 1.5% of the gross proceeds of the Shares sold by the Agent or the Agent's Soliciting Dealers as a nonaccountable marketing support and due diligence expense reimbursement fee to defray marketing expenses and due diligence costs to be incurred by the Agent. No allowance shall be paid with respect to Shares issued pursuant to the Dividend Reinvestment Plan, the Independent Director Stock Option Plan, or the Officer and Employee Stock Option Plan, as described in the Prospectus.

Appears in 2 contracts

Samples: G Reit Inc, G Reit Inc

AutoNDA by SimpleDocs

Expense Allowances. In addition to the compensation described in ------------------ Section 6 above, the Company will pay the Agent an amount equal to 1.52.0% of the gross proceeds of the Shares sold by the Agent or the Agent's Soliciting Dealers as a nonaccountable marketing support and due diligence expense reimbursement fee to defray marketing expenses and due diligence costs to be incurred by the Agent. No allowance shall be paid with respect to Shares issued pursuant to the Dividend Reinvestment Plan, the Independent Director Stock Option Plan, or the Officer and Employee Stock Option Plan, as described in the Prospectus.

Appears in 2 contracts

Samples: G Reit Inc, G Reit Inc

Expense Allowances. In addition to the compensation described in ------------------ Section 6 above, the Company will pay the Agent an amount equal to 1.5% of the gross proceeds of the Shares sold by the Agent or the Agent's Soliciting Dealers as a nonaccountable marketing support and due diligence expense reimbursement fee to defray marketing expenses and due diligence costs to be incurred by the Agent. No allowance shall be paid with respect to Shares issued pursuant to the Dividend Reinvestment Plan, Program and the Independent Director Stock Option Plan, or the Officer and Employee Stock Option Plan, as described in the Prospectus.

Appears in 2 contracts

Samples: T Reit Inc, T Reit Inc

Expense Allowances. In addition to the compensation described in ------------------ Section 6 above, the Company will pay the Agent an amount equal to 1.53.0% of the gross proceeds of the Shares sold by the Agent or the Agent's Soliciting Dealers as a nonaccountable marketing support and due diligence expense reimbursement fee to defray marketing expenses and due diligence costs to be incurred by the Agent. No allowance shall be paid with respect to Shares issued pursuant to the Dividend Reinvestment Plan, the Independent Director Stock Option Plan, Plan or the Officer and Employee Stock Option Plan, as described in the Prospectus.

Appears in 2 contracts

Samples: Manager Agreement (A Reit Inc), Manager Agreement (G Reit Inc)

AutoNDA by SimpleDocs

Expense Allowances. In addition to the compensation described in ------------------ Section 6 above, the Company will pay the Agent an amount equal to 1.52.5% of the gross proceeds of the Shares sold by the Agent or the Agent's Soliciting Dealers as a nonaccountable marketing support and due diligence expense reimbursement fee to defray marketing expenses and due diligence costs to be incurred by the Agent. No allowance shall be paid with respect to Shares issued pursuant to the Dividend Reinvestment Plan, the Independent Director Stock Option Plan, Plan or the Officer and Employee Stock Option Plan, as described in the Prospectus.

Appears in 1 contract

Samples: Manager Agreement (G Reit Inc)

Expense Allowances. In addition to the compensation described in ------------------ Section 6 above, the Company will pay the Agent an amount equal to 1.52.5% of the gross proceeds of the Shares sold by the Agent or the Agent's Soliciting Dealers as a nonaccountable marketing support (2.0%) and due diligence expense reimbursement fee to (0.5%)to defray marketing expenses and due diligence costs to be incurred by the Agent. No allowance shall be paid with respect to Shares issued pursuant to the Dividend Reinvestment Plan, the Independent Director Stock Option Plan, Plan or the Officer and Employee Stock Option Plan, as described in the Prospectus.

Appears in 1 contract

Samples: Manager Agreement (A Reit Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!