Reserved Shares. The number of Shares, if any, to be reserved for sale by each Selected Broker-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 Selected Broker-Dealer by United States mail or by other means of the number of Shares reserved for sale by Selected Broker-Dealer, if any. Such Shares will be reserved for sale by Selected Broker-Dealer until the time specified in the Dealer Manager’s notification to Selected Broker-Dealer. Sales of any reserved Shares after the time specified in the notification to Selected Broker-Dealer or any requests for additional Shares will be subject to rejection in whole or in part.
Appears in 8 contracts
Samples: Dealer Manager Agreement (Terra Income Fund 6, Inc.), Dealer Manager Agreement (Terra Income Fund 6, Inc.), Dealer Manager Agreement (Terra Income Fund 6, Inc.)
Reserved Shares. The number of Shares, if any, to be reserved for sale by each Selected Participating Broker-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 Selected Participating Broker-Dealer by United States mail or by other means of the number of Shares reserved for sale by Selected Participating Broker-Dealer, if any. Such Shares will be reserved for sale by Selected Participating Broker-Dealer until the time specified in the Dealer Manager’s notification to Selected Participating Broker-Dealer. Sales of any reserved Shares after the time specified in the notification to Selected Participating Broker-Dealer or any requests for additional Shares will be subject to rejection in whole or in part.
Appears in 3 contracts
Samples: Participating Broker Dealer Agreement (Braemar Hotels & Resorts Inc.), Participating Broker Dealer Agreement (Terra Fixed Income Trust, Inc.), Participating Broker Dealer Agreement (Terra Secured Income Trust, Inc.)
Reserved Shares. The number of Shares, if any, to be reserved for sale by each Selected Participating Broker-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 Selected the Participating Broker-Dealer by United States mail or by other means of the number of Shares reserved for sale by Selected the Participating Broker-Dealer, if any. Such Shares will be reserved for sale by Selected the Participating Broker-Dealer until the time specified in the Dealer Manager’s notification to Selected the Participating Broker-Dealer. Sales of any reserved Shares after the time specified in the notification to Selected Participating Broker-Dealer or any requests for additional Shares will be subject to rejection in whole or in part.
Appears in 1 contract
Samples: Participating Broker Dealer Agreement (Ashford Hospitality Trust Inc)
