Common use of Gross Offering Proceeds Clause in Contracts

Gross Offering Proceeds. The aggregate purchase price of Shares sold in any Offering. Independent Appraiser. A qualified appraiser of real estate as determined by the Board, who has no material current or prior business or personal relationship with, the Advisor or the Directors and who is engaged to a substantial extent in the business of rendering opinions regarding the value of real estate related investments. Membership in a nationally recognized appraisal society such as the American Institute of Real Estate Appraisers or the Society of Real Estate Appraisers shall be conclusive evidence of such qualification (but not of independence).

Gross Offering Proceeds. The aggregate purchase price of Shares sold in any Offering. Independent Appraiser. A qualified appraiser of real estate as determined by the Board, who has no material current is not affiliated, directly or prior business or personal relationship withindirectly, with CPA: 17, the Advisor Manager or the Directors and who is engaged to a substantial extent in the business of rendering opinions regarding the value of real estate related investmentstheir respective Affiliates. Membership in a nationally recognized appraisal society such as the American Institute of Real Estate Appraisers or the Society of Real Estate Appraisers shall be conclusive evidence of such qualification (but not of independence)qualification.

Gross Offering Proceeds. The aggregate purchase price of Shares sold in any Offering. Independent Appraiser. A qualified appraiser of real estate as determined by the Board, who has no material current is not affiliated, directly or prior business or personal relationship withindirectly, with the Company, the Advisor Manager or the Directors and who is engaged to a substantial extent in the business of rendering opinions regarding the value of real estate related investmentstheir respective Affiliates. Membership in a nationally recognized appraisal society such as the American Institute of Real Estate Appraisers or the Society of Real Estate Appraisers shall be conclusive evidence of such qualification (but not of independence)qualification.

Gross Offering Proceeds. The aggregate purchase price of Shares sold in any pursuant to the Offering. Independent Appraiser. A qualified appraiser of real estate as determined by the Board, who has no material current is not affiliated, directly or prior business or personal relationship withindirectly, with the Company, the Advisor or the Directors and who is engaged to a substantial extent in the business of rendering opinions regarding the value of real estate related investmentstheir respective Affiliates. Membership in a nationally recognized appraisal society such as the American Institute of Real Estate Appraisers or the Society of Real Estate Appraisers shall be conclusive evidence of such qualification (but not of independence)qualification.

Gross Offering Proceeds. The aggregate purchase price of Shares sold in any Offering. Independent Appraiser. A qualified appraiser of real estate as determined by the Board, who has no material current is not affiliated, directly or prior business or personal relationship withindirectly, with the Company, the Advisor or the Directors and who is engaged to a substantial extent in the business of rendering opinions regarding the value of real estate related investmentstheir respective Affiliates. Membership in a nationally recognized appraisal society such as the American Institute of Real Estate Appraisers or the Society of Real Estate Appraisers shall be conclusive evidence of such qualification (but not of independence)qualification.