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 Broker-Dealer for the payment of any selling commissions, broker-dealer fees, Servicing Fees or other fees to Selected Broker-Dealer, it being the sole and exclusive responsibility of the Dealer Manager for the payment of selling commissions, broker-dealer fees and Servicing Fees to Selected Broker-Dealer. Selected Broker-Dealer acknowledges and agrees that the Dealer Manager’s liability for commissions (including the broker-dealer fee and the Servicing Fee) payable to Selected Broker-Dealer is limited solely to the amount of such commissions actually received and the portion of the Dealer Manager Fee that represents the marketing fee received by the Dealer Manager from the Company in connection with Selected Broker-Dealer’s sale of Shares.

Limitations on Dealer Manager’s Liability for Commissions. The Company will not be liable or responsible to any Selected Broker-Dealer for the payment of any selling commissions, broker-dealer fees, Servicing Distribution Fees or other fees to Selected Broker-Dealer, it being the sole and exclusive responsibility of the Dealer Manager for the payment of selling commissions, broker-dealer fees and Servicing Distribution Fees to Selected Broker-Dealer. Selected Broker-Dealer acknowledges and agrees that the Dealer Manager’s liability for commissions (including the broker-dealer fee and the Servicing Distribution Fee) payable to Selected Broker-Dealer is limited solely to the amount of such commissions actually received and the portion of the Dealer Manager Fee that represents the marketing fee received by the Dealer Manager from the Company in connection with Selected Broker-Dealer’s sale of Shares.