OFFERING PRICE ADJUSTMENT Sample Clauses
The Offering Price Adjustment clause allows for changes to the price at which securities or goods are offered, typically in response to specific events or market conditions. This clause may specify circumstances such as fluctuations in market value, regulatory changes, or the discovery of new information that would trigger a revision of the original offering price. Its core practical function is to provide flexibility and fairness in transactions by ensuring that the final price reflects current realities, thereby protecting both parties from unforeseen shifts in value or risk.
OFFERING PRICE ADJUSTMENT. If, after the Effective Date, the Company shall adjust the initial purchase price of $10.00 per Share for the 250,000,000 Shares to be offered for sale on a "best efforts" basis in the Offering, you agree (and each Soliciting Dealer agrees) that the total of all compensation payable to the Dealer Manager as provided in Section 2(d) above, shall be adjusted proportionally. In no event shall the total of all such compensation paid to you and to all Soliciting Dealers (i.e., the aggregate of the selling commission and the marketing contribution and due diligence expense allowance) exceed ten and five-tenths percent (10.5%) of the total of all subscription proceeds received by the Company. Prior to the sale of the Shares, you and each Soliciting Dealer shall inform the prospective purchaser of all pertinent facts relating to the liquidity and marketability of the Shares during the term of the investment.
OFFERING PRICE ADJUSTMENT. If, after the Effective Date, the Company shall adjust the initial purchase price of $10.00 per Share for the 150,000,000 Shares to be offered for sale on a “best efforts” basis in the Offering, you agree (and each Soliciting Dealer agrees) that the total of all compensation payable to the Dealer Manager as provided in Section 2(d) above, shall be adjusted proportionally. In no event shall the total of all such compensation paid to you and to all Soliciting Dealers (i.e., the aggregate of the sales commission exceed six and a half percent (6.5%) of the total of all subscription proceeds received by the Company.
OFFERING PRICE ADJUSTMENT. If, after the Effective Date, the Company shall adjust the initial purchase price of $10.00 per Share for the 30,000,000 Shares to be offered for sale on a “best efforts” basis in the Offering, you agree (and each Soliciting Dealer agrees) that the total sales commissions payable as provided in Section 2(d)(i) above, shall not exceed 7% of the sales price paid for the Shares and the dealer manager fee payable as provided in Section 2(d)(i) above, shall not exceed 3% of the sales price paid for the Shares.
OFFERING PRICE ADJUSTMENT. If, after the Effective Date, the Company shall adjust the initial purchase price of $10.00 per Share for the 30,000,000 Shares to be offered for sale on a “best efforts” basis in the Offering, you agree (and each Soliciting Dealer agrees) that the total of all compensation payable to the Dealer Manager as provided in Section 2(d) above, shall be adjusted proportionally. In no event shall the total of all such compensation paid to you and to all Soliciting Dealers (i.e., the aggregate of the sales commission exceed seven percent (7%) of the total of all subscription proceeds received by the Company. Prior to the sale of the Shares, you and each Soliciting Dealer shall inform the prospective purchaser of all pertinent facts relating to the liquidity and marketability of the Shares during the term of the investment.
OFFERING PRICE ADJUSTMENT. If, after the Effective Date, Lightstone Trust shall adjust the initial purchase price of $10.00 per Share for the 51,000,000 Shares to be offered for sale on a “best efforts” basis in the Offering, you agree (and each Soliciting Dealer agrees) that the total sales commissions payable as provided in Section 2(d)(i) above, shall not exceed 7% of the sales price paid for the Shares and the dealer manager fee payable as provided in Section 2(d)(i) above, shall not exceed 3% of the sales price paid for the Shares.”
3.14 Section 5 of the Dealer Manager Agreement is deleted in its entirety and is replaced by the following Section 5: