Common use of Soliciting Dealer Compensation Clause in Contracts

Soliciting Dealer Compensation. (a) Subject to the terms and conditions set forth herein and in the Dealer Manager Agreement and, subject to the volume discounts and other special circumstances described in the “Plan of Distribution” section of the Prospectus, the Dealer Manager shall pay to Soliciting Dealer a selling commission of 7.0% of the gross proceeds from the Shares sold by it and accepted and confirmed by the Company. For purposes of this Section 6(a), Shares are “sold” only if an executed Subscription Agreement is accepted by the Company and the Company has thereafter distributed the commission to the Dealer Manager in connection with such transaction.

Appears in 1 contract

Samples: Soliciting Dealer Agreement (Phillips Edison - ARC Shopping Center REIT Inc.)

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Soliciting Dealer Compensation. (a) Subject to the terms and conditions set forth herein and in the Dealer Manager Agreement and, subject to the volume discounts and other special circumstances described in the “Plan of Distribution” section of the Prospectus, the Dealer Manager shall pay to Soliciting Dealer a selling commission of 7.06.5% of the gross proceeds from the Shares sold by it and accepted and confirmed by the CompanyTrust. For purposes of this Section 6(a), Shares are “sold” only if an executed Subscription Agreement is accepted by the Company Trust and the Company Trust has thereafter distributed the commission to the Dealer Manager in connection with such transaction.

Appears in 1 contract

Samples: Soliciting Dealer Agreement (United Development Funding IV)

Soliciting Dealer Compensation. (a) Subject to the terms and conditions set forth herein and in the Dealer Manager Agreement and, subject to the volume discounts and other special circumstances described in the “Plan of Distribution” section of the Prospectus, the Dealer Manager shall pay to Soliciting Dealer a selling commission of 7.06.5% of the gross proceeds from the Shares sold by it and accepted and confirmed by the Company. For purposes of this Section 6(a), Shares are “sold” only if an executed Subscription Agreement is accepted by the Company and the Company has thereafter distributed the commission to the Dealer Manager in connection with such transaction.

Appears in 1 contract

Samples: Soliciting Dealer Agreement (Empire American Realty Trust Inc)

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Soliciting Dealer Compensation. (a) Subject to the terms and conditions set forth herein and in the Dealer Manager Agreement and, subject to the volume discounts and other special circumstances described in the “Plan of Distribution” section of the Prospectus, the Dealer Manager shall pay to Soliciting Dealer a selling commission of 7.07% of the gross proceeds from the Shares sold by it and accepted and confirmed by the Company. For purposes of this Section 6(a), Shares are “sold” only if an executed Subscription Agreement is accepted by the Company and the Company has thereafter distributed the commission to the Dealer Manager in connection with such transaction.

Appears in 1 contract

Samples: Soliciting Dealer Agreement (Independence Realty Trust, Inc)

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