Common use of Obligations and Compensation of Dealer Manager Clause in Contracts

Obligations and Compensation of Dealer Manager. (a) The Company hereby appoints the Dealer Manager as its agent and principal distributor during the Offering Period (as defined in Section 3(c)) for the purpose of finding, on a best efforts basis, purchasers for the Shares for cash through the Participating Brokers, all of whom shall be members of FINRA. The Dealer Manager may also arrange for the sale of Shares for cash directly to its own clients and customers at the public offering price and subject to the terms and conditions stated in the Prospectus. The Dealer Manager hereby accepts such agency and distributorship and agrees to use its best efforts to find purchasers for the Shares on said terms and conditions, commencing as soon as practicable.

Appears in 4 contracts

Samples: Dealer Manager Agreement (Cornerstone Core Properties REIT, Inc.), Dealer Manager Agreement (Cornerstone Core Properties REIT, Inc.), Dealer Manager Agreement (Cornerstone Core Properties REIT, Inc.)

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Obligations and Compensation of Dealer Manager. (a) 5.1. The Company hereby appoints the Dealer Manager as its agent and principal distributor during the Offering Period (as defined in Section 3(c)5.2) for the purpose of finding, on a best best-efforts basis, purchasers for the Shares for cash through the Participating BrokersDealers, all of whom shall be members of FINRA. The Dealer Manager may also arrange for the sale of Shares for cash directly to its own clients and customers at the public offering price and subject to the terms and conditions stated in the Prospectus. The Dealer Manager hereby accepts such agency and distributorship and agrees to use its best efforts to find purchasers for the Shares on said terms and conditions, commencing as soon as practicable.

Appears in 1 contract

Samples: Dealer Manager Agreement (Wells Real Estate Investment Trust Ii Inc)

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