Common use of Offering and Sale of Shares Clause in Contracts

Offering and Sale of Shares. On the basis of the representations, warranties and agreements herein contained, and subject to the terms and conditions herein set forth, the Sponsor hereby authorizes Soliciting Dealer to solicit purchasers for the Shares at the price to be paid and otherwise upon the other terms and conditions set forth in the Offering Circular and the Subscription Agreements (as defined below). Soliciting Dealer agrees to use its commercially reasonable efforts to procure purchasers for the Shares, including through efforts to market the Shares through the Platform, during the period commencing with the Effective Date (as defined below) and ending on the Termination Date (as defined below) (the “Offering Period”). The Sponsor’s affiliate RM Adviser, LLC (“RM Adviser”) will, subject to the provisions of Section 1(a) hereof, accept Subscription Agreements in accordance with RM Adviser’s standard policies and procedures. Soliciting Dealer acknowledges and understands that RM Adviser may accept or reject Subscription Agreements in its sole discretion. Nothing contained in this Section 1 will be construed to impose upon the Sponsor, RM Adviser, the Platform or their affiliates the responsibility of assuring that prospective purchasers meet the suitability standards contained in the Offering Circular or to relieve Soliciting Dealer of the responsibility of complying with the rules of FINRA, or any other applicable governmental agency or self-regulatory organization.

Appears in 4 contracts

Samples: Selling and Distribution Agreement (MogulREIT I, LLC), Selling and Distribution Agreement (MogulREIT I, LLC), Selling and Distribution Agreement (MogulREIT I, LLC)

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Offering and Sale of Shares. On the basis of the representations, warranties and agreements herein contained, and subject to the terms and conditions herein set forth, the Sponsor hereby authorizes Soliciting Dealer to solicit purchasers for the Shares at the price to be paid and otherwise upon the other terms and conditions set forth in the Offering Circular and the Subscription Agreements (as defined below). Soliciting Dealer agrees to use its commercially reasonable efforts to procure purchasers for the Shares, including through efforts to market the Shares through the Platform, during the period commencing with the Effective Date (as defined below) and ending on the Termination Date (as defined below) (the “Offering Period”). The Company, or the Sponsor’s affiliate affiliate, RM Adviser, LLC (“RM Adviser”) ), acting on the Company’s behalf, will, subject to the provisions of Section 1(a) hereof, accept Subscription Agreements in accordance with RM Adviser’s standard policies and procedures. Soliciting Dealer acknowledges and understands that the Company, or RM Adviser acting on the Company’s behalf, may accept or reject Subscription Agreements in its sole discretion. Nothing contained in this Section 1 will be construed to impose upon the Sponsor, RM Adviser, the Platform or their affiliates the responsibility of assuring that prospective purchasers meet the suitability standards contained in the Offering Circular or to relieve Soliciting Dealer of the responsibility of complying with the rules of FINRA, or any other applicable governmental agency or self-regulatory organization.

Appears in 2 contracts

Samples: Selling and Distribution Agreement (MogulREIT II, Inc.), Selling and Distribution Agreement (MogulREIT II, Inc.)

Offering and Sale of Shares. On the basis of the representations, warranties and agreements herein contained, and subject to the terms and conditions herein set forth, the Sponsor hereby authorizes Soliciting Dealer to solicit purchasers for the Shares at the price to be paid and otherwise upon the other terms and conditions set forth in the Offering Circular and the Subscription Agreements (as defined below). Soliciting Dealer agrees to use its commercially reasonable efforts to procure purchasers for the Shares, including through efforts to market the Shares through the Platform, during the period commencing with the Effective Date (as defined below) and ending on the Termination Date (as defined below) (the “Offering Period”). The Company, or the Sponsor’s affiliate affiliate, RM Adviser, LLC (“RM Adviser”) ), acting on the Company’s behalf, will, subject to the provisions of Section 1(a) hereof, accept Subscription Agreements in accordance with RM Adviser’s standard policies and procedures. Soliciting Dealer acknowledges and understands that the Company, or RM Adviser acting on the Company’s behalf, may accept or reject Subscription Agreements in its sole discretion. Nothing contained in this Section 1 will be construed to impose upon the Sponsor, RM Adviser, the Platform or their affiliates the responsibility of assuring that prospective purchasers meet the suitability standards contained in the Offering Circular or to relieve Soliciting Dealer of the responsibility of complying with the rules of FINRA, or any other applicable governmental agency or self-regulatory organization.

Appears in 2 contracts

Samples: Selling and Distribution Agreement (MogulREIT II, Inc.), Selling and Distribution Agreement (MogulREIT II, Inc.)

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Offering and Sale of Shares. On the basis of the representations, warranties and agreements herein contained, and subject to the terms and conditions herein set forth, the Sponsor hereby authorizes Soliciting Dealer to solicit purchasers for the Shares at the price to be paid and otherwise upon the other terms and conditions set forth in the Offering Circular and the Subscription Agreements (as defined below). Soliciting Dealer agrees to use its commercially reasonable efforts to procure purchasers for the Shares, including through efforts to market the Shares through the Platform, during the period commencing with the Effective Date (as defined below) and ending on the Termination Date (as defined below) (the “Offering Period”). The Company, or the Sponsor’s affiliate affiliate, RM Adviser, LLC (“RM Adviser”) ), acting on the Company’s behalf, will, subject to the provisions of Section 1(a) hereof, accept Subscription Agreements in accordance with RM Adviser’s standard policies and procedures. Soliciting Dealer acknowledges and understands that the Company, or RM Adviser acting on the Company’s behalf, may accept or reject Subscription Agreements in its sole discretion. Nothing contained in this Section 1 will be construed to impose upon the Sponsor, RM Adviser, the Platform Adviser or their affiliates the responsibility of assuring that prospective purchasers meet the suitability standards contained in the Offering Circular or to relieve Soliciting Dealer of the responsibility of complying with the rules of FINRA, or any other applicable governmental agency or self-regulatory organization.

Appears in 2 contracts

Samples: Selling and Distribution Agreement (RealtyMogul Income REIT, LLC), Selling and Distribution Agreement (RealtyMogul Apartment Growth REIT, Inc.)

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