Common use of Right to Reject Orders or Cancel Sales Clause in Contracts

Right to Reject Orders or Cancel Sales. All orders, whether initial or additional, are subject to acceptance by and shall only become effective upon confirmation by the Dealer Manager, which reserves the right to reject any order for any or no reason. Orders not accompanied by the required instrument of payment for the Primary Shares may be rejected. Issuance and delivery of the Primary Shares will be made only after actual receipt of payment therefor. In the event an order is rejected, canceled or rescinded for any reason, Participating Broker-Dealer agrees to return to the Dealer Manager any selling commissions and reallowance of Dealer Manager Fees and Distribution Fees theretofore paid with respect to such order, and, if Participating Broker-Dealer fails to so return any such amounts, the Dealer Manager shall have the right to offset amounts owed against future selling commissions and/or reallowance of Dealer Manager Fees and Distribution Fees due and otherwise payable to Participating Broker-Dealer.

Right to Reject Orders or Cancel Sales. All orders, whether initial or additional, are subject to acceptance by and shall only become effective upon confirmation by the Dealer Manager, which reserves the right to reject any order for any or no reason. Orders not accompanied by the required instrument of payment for the Primary Shares may be rejected. Issuance and delivery of the Primary Shares will be made only after actual receipt of payment therefor. In the event an order is rejected, canceled or rescinded for any reason, Participating Broker-Dealer agrees to return to the Dealer Manager any selling commissions and reallowance of commissions, Dealer Manager Fees and or Distribution Fees theretofore paid with respect to such order, and, if Participating Broker-Dealer fails to so return any such amountsselling commissions, the Dealer Manager shall have the right to offset amounts owed against future selling commissions and/or reallowance of commissions, Dealer Manager Fees and or Distribution Fees due and otherwise payable to Participating Broker-Dealer.

Right to Reject Orders or Cancel Sales. All orders, whether initial or additional, are subject to acceptance by and shall only become effective upon confirmation by the Dealer Manager, which reserves the right to reject any order for any or no reason. Orders not accompanied by the required instrument of payment for the Primary Shares may be rejected. Issuance and delivery of the Primary Shares will be made only after actual receipt of payment therefor. In the event an order is rejected, canceled or rescinded for any reason, Participating Broker-Dealer agrees to return to the Dealer Manager any selling commissions and reallowance of Selling Commissions, Dealer Manager Fees and Distribution Stockholder Servicing Fees theretofore paid with respect to such order, and, if Participating Broker-Dealer fails to so return any such amounts, the Dealer Manager shall have the right to offset amounts owed against future selling commissions and/or reallowance of Selling Commissions, Dealer Manager Fees and Distribution Stockholder Servicing Fees due and otherwise payable to Participating Broker-Dealer.

Right to Reject Orders or Cancel Sales. All orders, whether initial or additional, are subject to acceptance by and shall only become effective upon confirmation by the Company and/or the Dealer Manager, which reserves the right to reject any order for any or no reason. Orders not accompanied by the required instrument of payment for the Primary Shares may be rejected. Issuance and delivery of the Primary Shares will be made only after actual receipt of payment therefor. In the event an order is rejected, canceled or rescinded for any reason, Participating Broker-Dealer agrees to return to the Dealer Manager any selling commissions and reallowance of commissions, Dealer Manager Fees or Distribution and Distribution Shareholder Servicing Fees theretofore paid with respect to such order, and, if Participating Broker-Dealer fails to so return any such amountsselling commissions, the Dealer Manager shall have the right to offset amounts owed against future selling commissions and/or reallowance of commissions, Dealer Manager Fees or Distribution and Distribution Shareholder Servicing Fees due and otherwise payable to Participating Broker-Dealer.

Right to Reject Orders or Cancel Sales. All orders, whether initial or additional, are subject to acceptance by and shall only become effective upon confirmation by the Company and/or the Dealer Manager, which reserves the right to reject any order for any or no reason. Orders not accompanied by the required instrument of payment for the Primary Shares may be rejected. Issuance and delivery of the Primary Shares will be made only after actual receipt of payment therefor. In the event an order is rejected, canceled or rescinded for any reason, Participating Broker-Dealer agrees to return to the Dealer Manager any selling commissions and reallowance of commissions, Dealer Manager Fees or Class T Distribution and Distribution Shareholder Servicing Fees theretofore paid with respect to such order, and, if Participating Broker-Dealer fails to so return any such amountsselling commissions, the Dealer Manager shall have the right to offset amounts owed against future selling commissions and/or reallowance of commissions, Dealer Manager Fees or Class T Distribution and Distribution Shareholder Servicing Fees due and otherwise payable to Participating Broker-Dealer.

Right to Reject Orders or Cancel Sales. All orders, whether initial or additional, are subject to acceptance by and shall only become effective upon confirmation by the Company and/or the Dealer Manager, which reserves the right to reject any order for any or no reason. Orders not accompanied by the required instrument of payment for the Primary Shares may be rejected. Issuance and delivery of the Primary Shares will be made only after actual receipt of payment therefor. In the event an order is rejected, canceled or rescinded for any reason, Participating Broker-Dealer agrees to return to the Dealer Manager any selling commissions and reallowance of commissions, Dealer Manager Fees or distribution and Distribution Fees shareholder servicing fees theretofore paid with respect to such order, and, if Participating Broker-Dealer fails to so return any such amountsselling commissions, the Dealer Manager shall have the right to offset amounts owed against future selling commissions and/or reallowance of commissions, Dealer Manager Fees or distribution and Distribution Fees shareholder servicing fees due and otherwise payable to Participating Broker-Dealer.