Friends and Family Program. As described in the Prospectus, the Dealer Manager agrees to sell no more than 2.5% of the Primary Shares to certain persons identified by the Company as part of the “friends and family” program. The purchase price for Class A Shares under this program will be at a discount to the price per Class A Share sold to the public in the primary offering as of the date of purchase, reflecting that selling commissions and the Dealer Manager Fees will not be payable, which is initially $22.50
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Samples: Dealer Manager Agreement (Steadfast Apartment REIT III, Inc.), Dealer Manager Agreement (Steadfast Apartment REIT III, Inc.), Dealer Manager Agreement (Steadfast Apartment REIT III, Inc.)
Friends and Family Program. As described in the Prospectus, the Dealer Manager agrees to sell no more than 2.5up to 5.0% of the Primary Shares to certain persons identified by the Company as part of the “friends and family” programCompany. The purchase price for Class A Shares under this program will be at a discount to the price $9.10 per Class A Share sold to the public in the primary offering as share, which is net of the date of purchase, reflecting that selling commissions and the reflects a Dealer Manager Fees will not be payable, which is initially $22.50fee of 1.0
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Friends and Family Program. As described in the Prospectus, the Dealer Manager agrees to sell no more than 2.5% of the Primary Shares to certain persons identified by the Company as part of the “friends and family” program. The purchase price for Class A Shares under this program will be at a discount to the price per Class A Share sold to the public in the primary offering as of the date of purchase, reflecting that selling commissions and a portion of the Dealer Manager Fees will not be payable, which is initially $22.5022.75
Appears in 1 contract
Samples: Participating Dealer Agreement (Steadfast Apartment REIT III, Inc.)
Friends and Family Program. As described in the Prospectus, the Dealer Manager agrees to sell no more than 2.5up to 5.0% of the Primary Shares to certain persons identified by the Company as part of the “friends and family” programCompany. The purchase price for Class A Shares under this program will be at a discount to the price $9.10 per Class A Share sold to the public in the primary offering as share which is net of the date of purchase, reflecting that selling commissions and the reflects a Dealer Manager Fees will not be payable, which is initially $22.50fee of 1.0
Appears in 1 contract
Samples: Participating Dealer Agreement (Steadfast Secure Income REIT, Inc.)