Common use of Limitations on Dealer Manager’s Liability for Commissions Clause in Contracts

Limitations on Dealer Manager’s Liability for Commissions. The Master Fund, GCIF 2019 and each additional Feeder Fund will not be liable or responsible to Selected Dealer for the payment of any selling commissions or Additional Selling Commissions or any reallowance of Dealer Manager Fees to Selected Dealer. It is the sole and exclusive responsibility of the Dealer Manager for the payment of selling commissions and Additional Selling Commissions or any reallowance of Dealer Manager Fees to Selected Dealer. Selected Dealer hereby waives any and all rights to receive payments of commissions and the reallowance of the Marketing Fee until the Dealer Manager is in receipt of the related selling commissions and Dealer Manager Fee from a Feeder Fund in which Shares are then being offered. Selected Dealer acknowledges and agrees that the Dealer Manager’s liability for commissions and any Marketing Fee payable to Selected Dealer is limited solely to commissions received and the portion of the Dealer Manager Fee which represents the Marketing Fee received by the Dealer Manager from the Feeder Fund in connection with Selected Dealer’s sale of the Feeder Fund’s Shares.

Limitations on Dealer Manager’s Liability for Commissions. The Master Fund, GCIF 2019 CCIF 2018 T and each additional Feeder Fund will not be liable or responsible to Selected Dealer for the payment of any selling commissions or Additional Selling Commissions or any reallowance of Dealer Manager Fees to Selected Dealer. It is the sole and exclusive responsibility of the Dealer Manager for the payment of selling commissions and Additional Selling Commissions or any reallowance of Dealer Manager Fees to Selected Dealer. Selected Dealer hereby waives any and all rights to receive payments of selling commissions and the reallowance of the Marketing Fee and the Distribution and Shareholder Servicing Fee, if applicable, until the Dealer Manager is in receipt of the related selling commissions and Dealer Manager Fee and the Distribution and Shareholder Servicing Fee, if applicable, from a Feeder Fund in which Shares are then being offered. Selected Dealer acknowledges and agrees that the Dealer Manager’s liability for selling commissions and any Marketing Fee and Distribution and Shareholder Servicing Fee payable to Selected Dealer with respect to any Feeder Fund is limited solely to selling commissions received and received, the portion of the Dealer Manager Fee which represents the Marketing Fee Fee, and the Distribution and Shareholder Servicing Fee, if any, received by the Dealer Manager from the such Feeder Fund in connection with Selected Dealer’s sale of the Feeder Fund’s SharesShares pursuant to this Agreement.

Limitations on Dealer Manager’s Liability for Commissions. The Master Fund, GCIF 2019 CCIF 2015 T and each additional Feeder Fund will not be liable or responsible to Selected Dealer for the payment of any selling commissions or Additional Selling Commissions or any reallowance of Dealer Manager Fees to Selected Dealer. It is the sole and exclusive responsibility of the Dealer Manager for the payment of selling commissions and Additional Selling Commissions or any reallowance of Dealer Manager Fees to Selected Dealer. Selected Dealer hereby waives any and all rights to receive payments of commissions and the reallowance of the Marketing Fee and the Distribution and Shareholder Servicing Fee, if applicable, until the Dealer Manager is in receipt of the related selling commissions and Dealer Manager Fee and the Distribution and Shareholder Servicing Fee, if applicable, from a Feeder Fund in which Shares are then being offered. Selected Dealer acknowledges and agrees that the Dealer Manager’s liability for commissions and any Marketing Fee and Distribution and Shareholder Servicing Fee payable to Selected Dealer is limited solely to commissions received and received, the portion of the Dealer Manager Fee which represents the Marketing Fee Fee, and the Distribution and Shareholder Servicing Fee, if any, received by the Dealer Manager from the Feeder Fund in connection with Selected Dealer’s sale of the Feeder Fund’s Shares.

Limitations on Dealer Manager’s Liability for Commissions. The Master Fund, GCIF 2019 CCIF 2016 T and each additional Feeder Fund will not be liable or responsible to Selected Dealer for the payment of any selling commissions or Additional Selling Commissions or any reallowance of Dealer Manager Fees to Selected Dealer. It is the sole and exclusive responsibility of the Dealer Manager for the payment of selling commissions and Additional Selling Commissions or any reallowance of Dealer Manager Fees to Selected Dealer. Selected Dealer hereby waives any and all rights to receive payments of selling commissions and the reallowance of the Marketing Fee and the Distribution and Shareholder Servicing Fee, if applicable, until the Dealer Manager is in receipt of the related selling commissions and Dealer Manager Fee and the Distribution and Shareholder Servicing Fee, if applicable, from a Feeder Fund in which Shares are then being offered. Selected Dealer acknowledges and agrees that the Dealer Manager’s liability for selling commissions and any Marketing Fee and Distribution and Shareholder Servicing Fee payable to Selected Dealer with respect to any Feeder Fund is limited solely to selling commissions received and received, the portion of the Dealer Manager Fee which represents the Marketing Fee Fee, and the Distribution and Shareholder Servicing Fee, if any, received by the Dealer Manager from the such Feeder Fund in connection with Selected Dealer’s sale of the Feeder Fund’s SharesShares pursuant to this Agreement.

Limitations on Dealer Manager’s Liability for Commissions. The Master Fund, GCIF 2019 2021 and each additional Feeder Fund will not be liable or responsible to Selected Dealer for the payment of any selling commissions or Additional Selling Commissions or any reallowance of Dealer Manager Fees to Selected Dealer. It is the sole and exclusive responsibility of the Dealer Manager for the payment of selling commissions and Additional Selling Commissions or any reallowance of Dealer Manager Fees to Selected Dealer. Selected Dealer hereby waives any and all rights to receive payments of commissions and the reallowance of the Marketing Fee until the Dealer Manager is in receipt of the related selling commissions and Dealer Manager Fee from a Feeder Fund in which Shares are then being offered. Selected Dealer acknowledges and agrees that the Dealer Manager’s liability for commissions and any Marketing Fee payable to Selected Dealer is limited solely to commissions received and the portion of the Dealer Manager Fee which represents the Marketing Fee received by the Dealer Manager from the Feeder Fund in connection with Selected Dealer’s sale of the Feeder Fund’s Shares.

Limitations on Dealer Manager’s Liability for Commissions. The Master Fund, GCIF 2019 CCIF 2016 T and each additional Feeder Fund will not be liable or responsible to Selected Dealer for the payment of any selling commissions or Additional Selling Commissions or any reallowance of Dealer Manager Fees to Selected Dealer. It is the sole and exclusive responsibility of the Dealer Manager for the payment of selling commissions and Additional Selling Commissions or any reallowance of Dealer Manager Fees to Selected Dealer. Selected Dealer hereby waives any and all rights to receive payments of commissions and the reallowance of the Marketing Fee and the Distribution and Shareholder Servicing Fee, if applicable, until the Dealer Manager is in receipt of the related selling commissions and Dealer Manager Fee and the Distribution and Shareholder Servicing Fee, if applicable, from a Feeder Fund in which Shares are then being offered. Selected Dealer acknowledges and agrees that the Dealer Manager’s liability for commissions and any Marketing Fee and Distribution and Shareholder Servicing Fee payable to Selected Dealer is limited solely to commissions received and received, the portion of the Dealer Manager Fee which represents the Marketing Fee Fee, and the Distribution and Shareholder Servicing Fee, if any, received by the Dealer Manager from the Feeder Fund in connection with Selected Dealer’s sale of the Feeder Fund’s Shares.