Reserved Common Shares. The number of Common Shares, if any, to be reserved for sale by each Soliciting Dealer may be decided by the mutual agreement, from time to time, of the Dealer Manager and the Company. The Dealer Manager reserves the right to notify Soliciting Dealer by United States mail or by other means of the number of Common Shares reserved for sale by Soliciting Dealer, if any. Such Common Shares will be reserved for sale by Soliciting Dealer until the time specified in the Dealer Manager’s notification to Soliciting Dealer. Sales of any reserved Common Shares after the time specified in the notification to Soliciting Dealer or any requests for additional Common Shares will be subject to rejection in whole or in part.
Appears in 5 contracts
Samples: Soliciting Dealer Agreement (Lightstone Real Estate Income Trust Inc.), Soliciting Dealer Agreement (Lightstone Real Estate Income Trust Inc.), Soliciting Dealer Agreement (Lightstone Value Plus Real Estate Investment Trust III, Inc.)
