OFFERING OF SHARES. For purposes of this Section 6(a), Shares are “sold” only if an executed Subscription Agreement is accepted by the Company and the Company has thereafter distributed the Selling Commission to the Dealer Manager in connection with such transaction. Soliciting Dealer acknowledges and agrees that no Selling Commissions will be paid for sales of DRP Shares or in connection with the sale of Shares to investors whose contracts for investment advisory and related brokerage services include a fixed or “wrap” fee feature.
Appears in 6 contracts
Samples: Soliciting Dealer Agreement (American Realty Captal New York City REIT, Inc.), Soliciting Dealer Agreement (American Realty Capital Hospitality Trust, Inc.), Soliciting Dealer Agreement (Phillips Edison - ARC Grocery Center REIT II, Inc.)
OFFERING OF SHARES. For purposes of this Section 6(a), Shares are “sold” only if an executed Subscription Agreement is accepted by the Company and the Company has thereafter distributed the Selling Commission selling commission to the Dealer Manager in connection with such transaction. Soliciting Dealer acknowledges and agrees that no Selling Commissions selling commissions will be paid for sales of DRP Shares or in connection with the sale of Shares to investors whose contracts for investment advisory and related brokerage services include a fixed or “wrap” fee featureShares.
Appears in 5 contracts
Samples: Soliciting Dealer Agreement (ARC Realty Finance Trust, Inc.), Soliciting Dealer Agreement (ARC Realty Finance Trust, Inc.), Soliciting Dealer Agreement (American Realty Capital Healthcare Trust II, Inc.)
