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

Limitations on Dealer Manager’s Liability for Commissions. The Company will not be liable or responsible to any Selected Dealer for the payment of any selling commissions or any reallowance of fees to Selected Dealer, it being the sole and exclusive responsibility of the Dealer Manager for the payment of selling commissions or any reallowance to Selected Dealer. Selected Dealer hereby waives any and all rights to receive payments of commissions, the Marketing Fee and the distribution and shareholder servicing fee, if applicable, until the Dealer Manager is in receipt of the selling commissions, the Marketing Fee and the distribution and shareholder servicing fee. Selected Dealer acknowledges and agrees that the Dealer Manager’s liability for commissions (including the Marketing Fee and distribution and shareholder servicing fee, if any) payable to Selected Dealer is limited solely to commissions received, the portion of the Dealer Manager fee which represents the Marketing Fee and the distribution and shareholder servicing fee received by the Dealer Manager from the Company in connection with Selected Dealer’s sale of Shares.

Limitations on Dealer Manager’s Liability for Commissions. The Company will not be liable or responsible to any Selected Dealer for the payment of any selling commissions or any reallowance of fees to Selected Dealer, it being the sole and exclusive responsibility of the Dealer Manager for the payment of selling commissions or any reallowance to Selected Dealer. Selected Dealer hereby waives any and all rights to receive payments of commissions, the Marketing Fee and the distribution and shareholder servicing fee, if applicable, until the Dealer Manager is in receipt of the selling commissions, the Marketing Fee and the distribution and shareholder servicing fee. Selected Dealer acknowledges and agrees that the Dealer Manager’s liability for commissions (including the Marketing Fee and distribution and shareholder servicing fee, if any) payable to Selected Dealer is limited solely to commissions received, received and the portion of the Dealer Manager fee which represents the Marketing Fee and the distribution and shareholder servicing fee received by the Dealer Manager from the Company in connection with Selected Dealer’s sale of Shares.

Limitations on Dealer Manager’s Liability for Commissions. The Company will not be liable or responsible to any Selected Dealer for the payment of any selling commissions or any reallowance of fees to Selected Dealer, it being the sole and exclusive responsibility of the Dealer Manager for the payment of selling commissions or any reallowance to Selected Dealer. Selected Dealer hereby waives any and all rights to receive payments of commissions, the Marketing Support Fee and the distribution and shareholder servicing fee, if applicable, until the Dealer Manager is in receipt of the selling commissions, the Marketing Support Fee and the distribution and shareholder servicing fee. Selected Dealer acknowledges and agrees that the Dealer Manager’s liability for commissions (including the Marketing Support Fee and distribution and shareholder servicing fee, if any) payable to Selected Dealer is limited solely to commissions received, the portion of the Dealer Manager fee which represents the Marketing Support Fee and the distribution and shareholder servicing fee received by the Dealer Manager from the Company in connection with Selected Dealer’s sale of Shares.