Common use of Reallowance Clause in Contracts

Reallowance. The terms of any reallowance of Selling Commissions, Dealer Manager Fee and Investor Servicing Fee shall be set forth in the Participating Distribution Agreement, Servicing Agreement or similar agreement entered into with the Participating Distribution Agents or Servicing Dealers, as applicable. The Company will not be liable or responsible to any Participating Distribution Agent or Servicing Dealer for direct payment or reallowance of any Selling Commissions, Dealer Manager Fee or Investor Servicing Fee to such Participating Distribution Agent or Servicing Dealer, the payment or reallowance, as applicable, of any Selling Commissions, Dealer Manager Fee or Investor Servicing Fee to such Participating Distribution Agent or Servicing Dealer being the sole and exclusive responsibility of the Dealer Manager. Notwithstanding the foregoing, at the discretion of the Company, the Company may act as agent of the Dealer Manager by making direct payment of Selling Commissions, Dealer Manager Fee or Investor Servicing Fee to Participating Distribution Agents or Servicing Dealers on behalf of the Dealer Manager without incurring any liability.

Reallowance. The terms of any reallowance of Selling Commissions, Dealer Manager Fee Fees and Investor Servicing Fee Fees shall be set forth in the Participating Distribution Agreement, Servicing Agreement or similar agreement entered into with the Participating Distribution Agents or Servicing Dealers, as applicable. The Company Sponsor will not be liable or responsible to any Participating Distribution Agent or Servicing Dealer for direct payment or reallowance of any Selling Commissions, Dealer Manager Fee or Investor Servicing Fee to such Participating Distribution Agent or Servicing Dealer, the payment or reallowance, as applicable, of any Selling Commissions, Dealer Manager Fee or Investor Servicing Fee to such Participating Distribution Agent or Servicing Dealer being the sole and exclusive responsibility of the Dealer Manager. Notwithstanding the foregoing, at the discretion of the CompanySponsor, the Company Sponsor may act as agent of the Dealer Manager by making direct payment of Selling Commissions, Dealer Manager Fee Fees or Investor Servicing Fee Fees to Participating Distribution Agents or Servicing Dealers on behalf of the Dealer Manager without incurring any liability.

Reallowance. The terms of any reallowance of Selling Commissions, Outside Selling Commissions, Dealer Manager Fee Fees and Investor Servicing Fee Fees shall be set forth in the Participating Distribution Agreement, Servicing Agreement or similar agreement entered into with the Participating Distribution Agents or Servicing Dealers, as applicable. The Company Sponsor will not be liable or responsible to any Participating Distribution Agent or Servicing Dealer for direct payment or reallowance of any Selling Commissions, Outside Selling Commissions, Dealer Manager Fee or Investor Servicing Fee to such Participating Distribution Agent or Servicing Dealer, the payment or reallowance, as applicable, of any Selling Commissions, Outside Selling Commissions, Dealer Manager Fee or Investor Servicing Fee to such Participating Distribution Agent or Servicing Dealer being the sole and exclusive responsibility of the Dealer Manager. Notwithstanding the foregoing, at the discretion of the CompanySponsor, the Company Sponsor may act as agent of the Dealer Manager by making direct payment of Selling Commissions, Outside Selling Commissions, Dealer Manager Fee Fees or Investor Servicing Fee Fees to Participating Distribution Agents or Servicing Dealers on behalf of the Dealer Manager without incurring any liability.

Reallowance. The terms of any reallowance of the Selling Commissions, Dealer Manager Fee Fee, and Investor Servicing Fee shall be set forth in the Participating Distribution Intermediary Agreement, Servicing Agreement or similar agreement entered into with the Participating Distribution Agents Intermediaries or Servicing Dealers, as applicable. The Company Sponsor will not be liable or responsible to any Participating Distribution Agent Intermediary or Servicing Dealer for direct payment or reallowance of any Selling Commissions, Dealer Manager Fee or Investor Servicing Fee to such Participating Distribution Agent Intermediary or Servicing Dealer, the payment or reallowance, as applicable, of any Selling Commissions, Dealer Manager Fee or Investor Servicing Fee to such Participating Distribution Agent Intermediary or Servicing Dealer being the sole and exclusive responsibility of the Dealer Manager. Notwithstanding the foregoing, at the discretion of the CompanySponsor, the Company Sponsor may act as agent of the Dealer Manager by making direct payment of the Selling Commissions, Dealer Manager Fee or Investor Servicing Fee to Participating Distribution Agents Intermediaries or Servicing Dealers on behalf of the Dealer Manager without incurring any liability.