Non-Conforming Payment. Should the Dealer Manager receive a check that does not conform to the foregoing instructions, then it shall return the check to the Dealer not later than noon of the next business day following its receipt by the Dealer Manager. The Dealer shall then return the check directly to the subscriber not later than noon of the next business day following its receipt from the Dealer Manager. Checks received by the Dealer Manager or a Dealer that conform to the foregoing instructions shall be transmitted by the Dealer Manager pursuant to Section 15 below.
Appears in 5 contracts
Samples: Dealer Manager Agreement (Resource Innovation Office REIT, Inc.), Dealer Manager Agreement (Resource Innovation Office REIT, Inc.), Dealer Manager Agreement (Resource Income Opportunity REIT, Inc.)
Non-Conforming Payment. Should the Dealer Manager receive a check that does not conform to the foregoing instructions, then it shall return the check to the Dealer not later than noon of the next business day following its receipt by the Dealer Manager. The Dealer shall then return the check directly to the subscriber not later than noon of the next business day following its receipt from the Dealer Manager. Checks received by the Dealer Manager or a Dealer that conform to the foregoing instructions shall be transmitted by the Dealer Manager pursuant to Section 15 16 below.
Appears in 1 contract
Samples: Dealer Manager Agreement (Resource Innovation Office REIT, Inc.)
