Selected Broker. Dealer’s acceptance of this Agreement constitutes a representation to the Company and to the Dealer Manager that Selected Broker-Dealer is a properly registered or licensed broker-dealer, duly authorized to sell Shares under federal and state securities laws and regulations in all states where it offers or sells Shares, and that it is a member in good standing of FINRA. Selected Broker-Dealer represents and warrants that it is currently licensed as a broker-dealer in the jurisdictions identified on Schedule I to this Agreement and that its independent contractors and registered representatives have the appropriate licenses to offer and sell the Shares in such jurisdictions. This Agreement shall automatically terminate with no further action by either party if Selected Broker-Dealer ceases to be a member in good standing of FINRA or with the securities commission of the state in which Selected Broker-Dealer’s principal office is located. Selected Broker-Dealer agrees to notify the Dealer Manager immediately if Selected Broker-Dealer ceases to be a member in good standing of FINRA or with the securities commission of any state in which Selected Broker-Dealer is currently registered or licensed. Terra Capital Markets, LLC Selected Broker-Dealer Agreement 2
Appears in 3 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.)
Selected Broker. Dealer’s acceptance of this Agreement constitutes a representation to the Company and to the Dealer Manager that Selected Broker-Dealer is a properly registered or licensed broker-dealer, duly authorized to sell Shares under federal and state securities laws and regulations in all states where it offers or sells Shares, and that it is a member in good standing of FINRA. Selected Broker-Dealer represents and warrants that it is currently licensed as a broker-dealer in the jurisdictions identified on Schedule I to this Agreement and that its independent contractors and registered representatives have the appropriate licenses to offer and sell the Shares in such jurisdictions. This Agreement shall automatically terminate with no further action by either party if Selected Broker-Dealer ceases to be a member in good standing of FINRA or with the securities commission of the state in which Selected Broker-Dealer’s principal office is located. Selected Broker-Dealer agrees to notify the Dealer Manager immediately if Selected Broker-Dealer ceases to be a member in good standing of FINRA or with the securities commission of any state in which Selected Broker-Dealer is currently registered or licensed. Terra Capital Markets, LLC Selected Broker-Dealer Agreement 2.
Appears in 2 contracts
Samples: Dealer Manager Agreement (Terra Income Fund 6, Inc.), Dealer Manager Agreement (Terra Income Fund 6, Inc.)