Common use of Obligations to Participating Dealers Clause in Contracts

Obligations to Participating Dealers. The Company will not be liable or responsible to any Participating Dealer for direct payment of commissions or any reallowance of the Dealer Manager Fee to such Participating Dealer, it being the sole and exclusive responsibility of the Dealer Manager for payment of commissions or any reallowance of the Dealer Manager Fee to Participating Dealers. Notwithstanding the above, the Company, in its sole discretion, may act as agent of the Dealer Manager by making direct payment of commissions or reallowance of the Dealer Manager Fee to such Participating Dealers without incurring any liability therefor.

Appears in 53 contracts

Samples: Dealer Manager Agreement (NexPoint Capital, Inc.), Dealer Manager Agreement (Moody National REIT II, Inc.), Dealer Manager Agreement (Steadfast Apartment REIT, Inc.)

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Obligations to Participating Dealers. The Company Fund will not be liable or responsible to any Participating Dealer for direct payment of commissions or any reallowance of the Dealer Manager Fee to such Participating Dealer, it being the sole and exclusive responsibility of the Dealer Manager for payment of commissions or any reallowance of the Dealer Manager Fee to Participating Dealers. Notwithstanding the above, the CompanyFund, in its sole discretion, may act as agent of the Dealer Manager by making direct payment of commissions or reallowance of the Dealer Manager Fee to such Participating Dealers without incurring any liability therefor.

Appears in 4 contracts

Samples: Northstar Corporate Income Fund (NorthStar Corporate Income Fund), NorthStar Corporate Income Fund-T, NorthStar Corporate Income Fund-T

Obligations to Participating Dealers. The Company will not be liable or responsible to any Participating Dealer for direct payment of commissions or any reallowance of the Dealer Manager Fee or the Distribution Fee to such Participating Dealer, it being the sole and exclusive responsibility of the Dealer Manager for payment of commissions or any reallowance of the Dealer Manager Fee or the Distribution Fee to Participating Dealers. Notwithstanding the above, the Company, in its sole discretion, may act as agent of the Dealer Manager by making direct payment of commissions or reallowance of the Dealer Manager Fee or the Distribution Fee to such Participating Dealers without incurring any liability therefor.

Appears in 4 contracts

Samples: Dealer Manager Agreement (NorthStar Real Estate Income II, Inc.), Dealer Manager Agreement (NorthStar Real Estate Income II, Inc.), Dealer Manager Agreement (NorthStar Real Estate Income II, Inc.)

Obligations to Participating Dealers. The Company Trust will not be liable or responsible to any Participating Dealer for direct payment of commissions or any reallowance of the Dealer Manager Fee to such Participating Dealer, it being the sole and exclusive responsibility of the Dealer Manager for payment of commissions or any reallowance of the Dealer Manager Fee to Participating Dealers. Notwithstanding the above, the CompanyTrust, in its sole discretion, may act as agent of the Dealer Manager by making direct payment of commissions or reallowance of the Dealer Manager Fee to such Participating Dealers without incurring any liability therefor.

Appears in 2 contracts

Samples: Dealer Manager Agreement (NorthStar Real Estate Capital Income Fund-T), Dealer Manager Agreement (NorthStar Real Estate Capital Income Fund)

Obligations to Participating Dealers. The Company will not be liable or responsible to any Participating Dealer for direct payment of commissions or any reallowance of the Dealer Manager Fee to such Participating Dealer, it being the sole and exclusive responsibility of the Dealer Manager for payment of commissions or any reallowance of the Dealer Manager Fee or Distribution and Shareholder Servicing Fee to Participating Dealers. Notwithstanding the above, the Company, in its sole discretion, may act as agent of the Dealer Manager by making direct payment of commissions or reallowance of the Dealer Manager Fee or Distribution and Shareholder Servicing Fee to such Participating Dealers without incurring any liability therefor.

Appears in 2 contracts

Samples: Dealer Manager Agreement (Steadfast Apartment REIT III, Inc.), Participating Dealer Agreement (Steadfast Apartment REIT III, Inc.)

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Obligations to Participating Dealers. The Neither the Company nor the Dealer Manager will not be liable or responsible to any Participating Dealer for direct payment of commissions or any reallowance of the Dealer Manager Fee any dealer manager fees to such Participating Dealer, it being the sole and exclusive responsibility of the Dealer Manager Distributor for payment of commissions or any reallowance of the Dealer Manager Fee any dealer manager fees to Participating Dealers. Notwithstanding the above, the Company, in its sole discretion, may act as agent of the Distributor or the Dealer Manager by making direct payment of commissions or reallowance of the Dealer Manager Fee any dealer manager fees to such Participating Dealers without incurring any liability therefor.

Appears in 2 contracts

Samples: Dealer Manager Agreement (Sierra Total Return Fund), Dealer Manager Agreement (Sierra Total Return Fund)

Obligations to Participating Dealers. The Company will not be liable or responsible to any Participating Dealer for direct payment of commissions or any reallowance of the Dealer Manager Fee or the Distribution Fee to such Participating Dealer, it being the sole and exclusive responsibility of the Dealer Manager for payment of commissions or any reallowance of the Dealer Manager Fee or Distribution Fee to Participating Dealers. Notwithstanding the above, the Company, in its sole discretion, may act as agent of the Dealer Manager by making direct payment of commissions or reallowance of the Dealer Manager Fee or Distribution Fee to such Participating Dealers without incurring any liability therefor.

Appears in 1 contract

Samples: Dealer Manager Agreement (NorthStar/RXR New York Metro Real Estate, Inc.)

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