Common use of Grant of Authority to the Dealer Manager Clause in Contracts

Grant of Authority to the Dealer Manager. (a) Based on the representations and warranties contained in this Agreement, and subject to the terms and conditions set forth in this Agreement, the General Partner appoints you as the Dealer-Manager for the Partnership and gives you the exclusive right to solicit subscriptions for the Units on a “best efforts” basis in all states, and to form and manage a selling group composed of soliciting broker/dealers (the “Selling Dealers”). Each Selling Dealer shall be duly registered as a broker-dealer under the Securities Exchange Act of 1934, as amended (the “1934 Act”), and in the jurisdictions where it is required to be registered in order to offer and sell the Units, shall be a member in good standing of the National Association of Securities Dealers, Inc. (the “NASD”), and shall enter into a “Selling Dealer Agreement” in substantially the form attached to this Agreement as Exhibit “B.” (b) The General Partner shall have three business days after the receipt of an executed Selling Dealer Agreement to refuse that Selling Dealer’s participation.

Grant of Authority to the Dealer Manager. (a) Based on the representations and warranties contained in this Agreement, and subject to the terms and conditions set forth in this Agreement, the General Partner appoints you as the Dealer-Manager for the Partnership and gives you the exclusive right to solicit subscriptions for the Units on a “best efforts” basis in all states, and to form and manage a selling group composed of soliciting broker/dealers (the “Selling Dealers”). Each Selling Dealer shall be duly registered as a broker-/dealer under the Securities Exchange Act of 1934, as amended (the “1934 Act”), and in the jurisdictions where it is required to be registered in order to offer and sell the Units, shall be a member in good standing of the National Association of Securities DealersFinancial Industry Regulatory Authority, Inc. (the “NASDFINRA”), and shall enter into a “Selling Dealer Agreement” in substantially the form attached to this Agreement as Exhibit “B.” (b) The General Partner shall have three business days after the receipt of an executed Selling Dealer Agreement to refuse that Selling Dealer’s participation.. Xxxxxxxx Securities, Inc. Dealer-Manager Agreement

Grant of Authority to the Dealer Manager. (a) Based on the representations and warranties contained in this Agreement, and subject to the terms and conditions set forth in this Agreement, the General Partner appoints you as the Dealer-Manager for the Partnership and gives you the exclusive right to solicit subscriptions for the Units on a “best efforts” basis in all states, and to form and manage a selling group composed of soliciting broker/dealers (the “Selling Dealers”). Each Selling Dealer shall be duly registered as a broker-dealer under the Securities Exchange Act of 1934, as amended (the “1934 Act”), and in the jurisdictions where it is required to be registered in order to offer and sell the Units, shall be a member in good standing of the National Association of Securities Dealers, Inc. (the “NASD”), and shall enter into a “Selling Dealer Agreement” in substantially the form attached to this Agreement as Exhibit “B.” (b) The General Partner shall have three business days after the receipt of an executed Selling Dealer Agreement to refuse that Selling Dealer’s participation.. Xxxxxxxx Securities, Inc. 3 Dealer-Manager Agreement

Grant of Authority to the Dealer Manager. (a) Based on the representations and warranties contained in this Agreement, and subject to the terms and conditions set forth in this Agreement, the General Partner appoints you as the Dealer-Manager for the Partnership and gives you the exclusive right to solicit subscriptions for the Units on a “best efforts” basis in all states, and to form and manage a selling group composed of soliciting broker/dealers (the “Selling Dealers”). Each Selling Dealer shall be duly registered as a broker-/dealer under the Securities Exchange Act of 1934, as amended (the “1934 Act”), and in the jurisdictions where it is required to be registered in order to offer and sell the Units, shall be a member in good standing of the National Association of Securities DealersFinancial Industry Regulatory Authority, Inc. (the “NASDFINRA”), and shall enter into a “Selling Dealer Agreement” in substantially the form attached to this Agreement as Exhibit “B.” (b) The General Partner shall have three business days after the receipt of an executed Selling Dealer Agreement to refuse that Selling Dealer’s participation.. Cxxxxxxx Securities, Inc. Dealer-Manager Agreement