Selling Commissions and Dealer Manager Fees. Subject to volume discounts and other special circumstances described in or otherwise provided in this Agreement and under the caption “Plan of Distribution” in the Prospectus, which may be amended and restated from time to time as compensation for the services rendered by the Dealer Manager, the Company agrees that it will pay to the Dealer Manager selling commissions in the amount of up to 3.0% of the transaction price of the Class T Shares sold in the primary offering, all or a portion of which may be reallowed to Dealers. The Company further agrees that it will pay to the Dealer Manager selling commissions in the amount of up to 3.5% of the transaction price of the Class S Shares sold in the primary offering, all or a portion of which may be reallowed to Dealers. In addition, the Dealer Manager shall be paid a dealer manager fee in the amount of up to 0.50% of the transaction price of the Class T Shares sold in the primary offering. All or a portion of the dealer manager fee may be paid by the Dealer Manager to Dealers. No selling commissions or dealer manager fees shall be paid to the Dealer Manager with respect to the sale of Class D Shares and Class I Shares or with respect to Class T Shares, Class S Shares, Class D Shares and Class I Shares sold pursuant to the DRP.
Selling Commissions and Dealer Manager Fees. Except as otherwise provided in the “Plan of Distribution” section of the Prospectus, as compensation for the services rendered by the Dealer Manager, the Company agrees that it will pay to the Dealer Manager selling commissions in the amount of up to 3.0% of the gross offering proceeds of the Class T Shares sold in the primary offering, all or a portion of which may be reallowed to Dealers. The Company further agrees that it will pay to the Dealer Manager selling commissions in the amount of up to 3.5% of the gross offering proceeds of the Class S Shares sold in the primary offering, all or a portion of which may be reallowed to Dealers. In addition, the Dealer Manager shall be paid a dealer manager fee in the amount of up to 0.50% of the gross offering proceeds of the Class T Shares sold in the primary offering.
Selling Commissions and Dealer Manager Fees. Except as otherwise provided in this Dealer Manager Agreement and in the “Plan of Distribution” section of the Prospectus, which may be amended, restated or supplemented from time to time, the Company will pay to the Dealer Manager selling commissions in connection with the sale of Shares in the primary offering, as described in Schedule 2 to this Dealer Manager Agreement. All or a portion of the dealer manager fee may be paid by the Dealer Manager to Dealers.
Selling Commissions and Dealer Manager Fees. Subject to any discounts and other special circumstances or limitations described in or otherwise provided in the “Plan of Distribution” section of the Prospectus or this Section 4, the Company shall pay the Dealer Manager the applicable upfront selling commissions and dealer manager fees in connection with the sale of Shares in the Primary Offering as described in Schedule 2 to this Agreement. The applicable upfront selling commissions and dealer manager fees payable to the Dealer Manager will be paid substantially concurrently with the execution by the Company of orders submitted by purchasers of Shares in the Primary Offering. All or a portion of the upfront selling commissions and dealer manager fees received by the Dealer Manager may be reallowed (paid) by the Dealer Manager to Participating Distribution Agents who sold the Shares giving rise to such upfront selling commissions and dealer manager fees, as described more fully in the Participating Distribution Agreement entered into with each such Participating Distribution Agent.
Selling Commissions and Dealer Manager Fees. Subject to certain Dealers’ right to retain selling commissions and dealer manager fees directly from investors, as described in such Dealers’ Selected Dealer Agreements, the Company will pay to the Dealer Manager selling commissions in the amount of up to 3.0%, and dealer manager fees in the amount of up to 0.5%, of the transaction price per share of each sale of Class T Primary Shares, provided, however that such amounts may vary for sales through certain Dealers as provided in such Dealers’ Selected Dealer Agreements, provided that the sum of such selling commissions and dealer manager fees will not exceed 3.5% of the transaction price per share. Further, subject to certain Dealers’ right to retain selling commissions directly from investors, as described in such Dealers’ Selected Dealer Agreements, the Company will pay to the Dealer Manager selling commissions in the amount of up to 3.5% of the transaction price per share of each sale of Class S Primary Shares. The Company will not pay to the Dealer Manager any selling commissions or dealer manager fees in respect of the purchase of any Class D shares, Class I shares or DRIP Shares, and will not pay to the Dealer Manager any dealer manager fees in respect of the purchase of any Class S shares.
Selling Commissions and Dealer Manager Fees. Subject to volume discounts and other special circumstances described in or otherwise provided in this Agreement and under the caption “Plan of Distribution” in the Prospectus, which may be amended and restated from time to time, the Company will pay to the Dealer Manager selling commissions in connection with sales of Class T Primary Shares and Class S Primary Shares, all as described in Schedule 2 to this Agreement. All or a portion of the selling commissions may be reallowed by the Dealer Manager to the Dealers who sold the Class T Primary Shares and Class S Primary Shares giving rise to such selling commissions, as described more fully in the Selected Dealer Agreement entered into with each such Dealer. Subject to volume discounts and other special circumstances described in or otherwise provided in this Agreement and under the caption “Plan of Distribution” in the Prospectus, which may be amended and restated from time to time, the Company will pay to the Dealer Manager dealer manager fees in connection with sales of Class T Primary Shares, as described in Section 2 to this Agreement. All or a portion of the dealer manager fees may be reallowed by the Dealer Manager to the Dealers who sold the Class T Primary Shares giving rise to such dealer manager fees, as described more fully in the Selected Dealer Agreement entered into with each such Dealer. No selling commissions or dealer manager fees shall be paid to the Dealer Manager with respect to the sale of Class D Shares and Class I Shares or with respect to any DRP Xxxxxx.
Selling Commissions and Dealer Manager Fees. The Company will pay to the Dealer Manager selling commissions in the amount of (a) up to 3.0% of the transaction price per share of each sale of Class T Primary Shares and (b) up to 3.5% of the transaction price per share of each sale of Class S Primary Shares pursuant to a Selected Dealer Agreement between the Dealer Manager and a Dealer which provides for the payment of such selling commission and reallowance to such Dealer. The Company will not pay to the Dealer Manager any selling commissions in respect of the purchase of any Class I shares, Class D shares or DRP Shares. The Company will pay to the Dealer Manager dealer manager fees in the amount of up to 0.5% of the transaction price per share of each sale of Class T Primary Shares. The Company will not pay to the Dealer Manager any dealer manager fees in respect of the purchase of any Class S shares, Class D shares, Class I shares or DRP Shares.
Selling Commissions and Dealer Manager Fees. As compensation for the services rendered by the Dealer Manager, the Company agrees that it will pay to the Dealer Manager selling commissions in the amount of up to 6.0% and a non-accountable due diligence allowance of 1.0% of the gross offering proceeds of the Shares, all or a portion of which may be reallowed to Dealers. In addition, the Dealer Manager shall be paid a dealer manager fee in the amount of up to 2.50% of the gross offering proceeds of the Shares. All or a portion of the dealer manager fee may be paid by the Dealer Manager to Dealers. No compensation in connection with the offering will paid to underwriters, broker-dealers, or affiliates thereof out of the proceeds of the offering prior to the release of such proceeds from escrow. Any such payment from sources other than proceeds of the offering shall be made only on the basis of bona fide transactions;
Selling Commissions and Dealer Manager Fees. Subject to volume discounts and other special circumstances described in or otherwise provided in the “Plan of Distribution” section of the Prospectus, which section may be amended from time to time with the prior consent of the Dealer Manager, such consent not to be unreasonably withheld, or this Section 5.1, the Company will pay to the Distributor selling commissions, and the Company will cause the Distributor to pay the Dealer Manager as follows:
(i) With respect to the Class A Shares, the Distributor shall pay the Dealer Manager an upfront dealer manager fee equal to 2.0% of the amount invested by an investor in Class A Shares.
(ii) With respect to the Class T Shares, the Distributor shall pay the Dealer Manager an upfront dealer manager fee equal to 1.25% of the amount invested by an investor in Class T Shares.
(iii) With respect to the Class I Shares the Distributor will pay to the Dealer Manager an annual dealer manager fee of 0.50% of the average daily net assets of the Fund attributable to Class I Shares for a period of four years.
Selling Commissions and Dealer Manager Fees. Subject to volume discounts and other special circumstances described in or otherwise provided in the “Plan of Distribution” section of the Prospectus, which section may be amended from time to time with the prior consent of the Dealer Manager, such consent not to be unreasonably withheld, or this Section 5.1, the Company will pay to the Distributor selling commissions, and the Company will cause the Distributor to pay the Dealer Manager as follows:
(i) With respect to the Class A Shares, the Distributor shall pay the Dealer Manager an upfront dealer manager fee equal to 2.0% of the amount invested by an investor in Class A Shares.
(ii) With respect to the Class T Shares, the Distributor shall pay the Dealer Manager an upfront dealer manager fee equal to 1.25% of the amount invested by an investor in Class T Shares.
(iii) With respect to the Class I Shares, the Distributor will pay to the Dealer Manager an annual dealer manager fee of 0.50% of the average daily net assets of the Fund attributable to Class I Shares until such time that the annual dealer manager fee paid by the Distributor to the Dealer Manager equals 2.0% of the amount invested by an investor in Class I Shares.
(iv) With respect to the Class L Shares, the Distributor shall pay the Dealer Manager an upfront dealer manager fee equal to 0.75% of the amount invested by an investor in Class L Shares.
(v) There shall be no selling commissions or dealer manager fees payable to the Dealer Manager in connection with sales of Class S Shares.
