Submission of Orders. Those persons who purchase Shares will be instructed by the Dealer to make their checks payable to “The GC Net Lease REIT, Inc.” Any Dealer receiving a check not conforming to the foregoing instructions shall return such check directly to such subscriber not later than noon Eastern Time of the next business day following its receipt. Checks received by the Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the methods in this Article II. Transmittal of received investor funds will be made in accordance with the following procedures: Where, pursuant to the Dealer’s internal supervisory procedures, internal supervisory review is conducted at the same location at which subscription documents and checks are received from subscribers, checks will be transmitted by noon Eastern Time of the next business day following receipt by the Dealer to the Company for deposit directly with the Company. Where, pursuant to the Dealer’s internal supervisory procedures, final and internal supervisory review is conducted at a different location, checks will be transmitted by noon Eastern Time of the next business day following receipt by the Dealer to the office of the Dealer conducting such final internal supervisory review (the “Final Review Office”). The Final Review Office will in turn transmit by 5:00 pm Eastern Time of the next business day following receipt at a different location by the Final Review Office such checks to the Company for deposit directly with the Company.
Appears in 2 contracts
Samples: Dealer Manager Agreement (Gc Net Lease Reit, Inc.), Dealer Manager Agreement (Gc Net Lease Reit, Inc.)
Submission of Orders. Those persons who purchase Shares will be instructed by the Dealer to make their checks payable to “The GC Net Lease REIT, Inc.Gladstone Commercial Corporation.” Any Dealer receiving a check not conforming to the foregoing instructions shall return such check directly to such subscriber not later than noon Eastern Time the end of the next business day following its receipt. Checks received by the Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the methods in this Article II. Transmittal of received investor funds will be made in accordance with the following procedures: Where, pursuant to the Dealer’s internal supervisory procedures, internal supervisory review is conducted at the same location at which subscription documents and checks are received from subscribers, checks will be transmitted by noon Eastern Time time of the next business day following receipt by the Dealer to the Company for deposit directly with the CompanyCompany in accordance with the procedures set forth in the Memorandum. Where, pursuant to the Dealer’s internal supervisory procedures, final and internal supervisory review is conducted at a different location, checks will be transmitted by noon 5:00 p.m. Eastern Time time of the next business day following receipt by the Dealer to the office of the Dealer conducting such final internal supervisory review (the “Final Review Office”). The Final Review Office will in turn transmit by 5:00 pm noon Eastern Time time of the next business day following receipt at a different location by the Final Review Office such checks to the Company for deposit directly with the CompanyCompany in accordance with the procedures set forth in the Memorandum.
Appears in 2 contracts
Samples: Dealer Manager Agreement (Gladstone Commercial Corp), Dealer Manager Agreement (Gladstone Commercial Corp)
Submission of Orders. Subscribers may purchase Shares utilizing checks, drafts, wires, Automatic Clearing House (ACH) or money orders. Those persons who purchase Shares will be instructed by the Dealer to make their checks instruments of payment payable to “The GC Net Lease REITPxxxxxxx Xxxxxx Grocery Center REIT III, Inc.” Inc. Any Dealer receiving a check an instrument of payment not conforming to the foregoing instructions shall return such check instrument of payment directly to such subscriber not later than noon Eastern Time of the next business day following its receipt. Checks Instruments of payment received by the Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the methods in this Article II. Transmittal of received investor funds will be made in accordance with the following procedures: Where, pursuant to the Dealer’s internal supervisory procedures, internal supervisory review is conducted at the same location at which subscription documents and checks instruments of payment are received from subscribers, checks instruments of payment will be transmitted by noon Eastern Time of the next business day following receipt by the Dealer to the Company Company’s transfer agent for deposit directly with the Company. Where, pursuant to the Dealer’s internal supervisory procedures, final and internal supervisory review is conducted at a different location, checks instruments of payment will be transmitted by noon Eastern Time of the next business day following receipt by the Dealer to the office of the Dealer conducting such final internal supervisory review (the “Final Review Office”). The Final Review Office will in turn transmit by 5:00 pm Eastern Time of the next business day following receipt at a different location by the Final Review Office such checks instruments of payment to the Company Company’s transfer agent for deposit directly with the Company.
Appears in 2 contracts
Samples: Dealer Manager Agreement (Phillips Edison Grocery Center REIT III, Inc.), Dealer Manager Agreement (Phillips Edison Grocery Center REIT III, Inc.)
Submission of Orders. 12.1 Those persons who purchase Shares will be instructed by the Dealer Manager or the Dealer to make their checks payable to “the Company. The GC Net Lease REIT, Inc.” Any Dealer Manager and any Dealer receiving a check not conforming to the foregoing instructions shall return such check directly to such subscriber not later than noon Eastern Time time of the next business day following its receipt. Checks received by the Dealer Manager or Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the methods described in this Article IISection 12. Transmittal of received investor funds will be made in accordance with the following procedures: .
12.2 Where, pursuant to the a Dealer’s internal supervisory procedures, internal supervisory review is conducted at the same location at which subscription documents and checks are received from subscribers, checks will be transmitted by noon Eastern Time time of the next business day following receipt by the Dealer to the Company for deposit directly with the Company. Company in accordance with the procedures set forth in the Memorandum.
12.3 Where, pursuant to the a Dealer’s internal supervisory procedures, final and internal supervisory review is conducted at a different location, checks will be transmitted by noon 5:00 p.m. Eastern Time time of the next business day following receipt by the Dealer to the office of the Dealer conducting such final internal supervisory review (the “Final Review Office”). The Final Review Office will in turn transmit by 5:00 pm noon Eastern Time time of the next business day following receipt at a different location by the Final Review Office such checks to the Company for deposit directly with the CompanyCompany in accordance with the procedures set forth in the Memorandum.
Appears in 2 contracts
Samples: Dealer Manager Agreement (Gladstone Commercial Corp), Dealer Manager Agreement (Gladstone Commercial Corp)
Submission of Orders. Those persons who purchase Shares will be instructed by the Dealer to make their checks payable to “The GC Net Lease REITXxxxxxx Capital Essential Asset REIT II, Inc.” Any Dealer receiving a check not conforming to the foregoing instructions shall return such check directly to such subscriber not later than noon Eastern Time of the next business day following its receipt. Checks received by the Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the methods in this Article II. Transmittal of received investor funds will be made in accordance with the following procedures: Where, pursuant to the Dealer’s internal supervisory procedures, internal supervisory review is conducted at the same location at which subscription documents and checks are received from subscribers, checks will be transmitted by noon Eastern Time of the next business day following receipt by the Dealer to the Company for deposit directly with the Companydeposit. Where, pursuant to the Dealer’s internal supervisory procedures, final and internal supervisory review is conducted at a different location, checks will be transmitted by noon Eastern Time of the next business day following receipt by the Dealer to the office of the Dealer conducting such final internal supervisory review (the “Final Review Office”). The Final Review Office will in turn transmit by 5:00 pm Eastern Time of the next business day following receipt at a different location by the Final Review Office such checks to the Company for deposit directly with the Companydeposit.
Appears in 2 contracts
Samples: Dealer Manager Agreement (Griffin Capital Essential Asset REIT II, Inc.), Dealer Manager Agreement (Griffin Capital Essential Asset REIT II, Inc.)
Submission of Orders. Those persons who purchase Shares will be instructed by the Dealer to make their checks payable to “The GC Net Lease REITHxxxx Real Estate Investment Trust, Inc.” or “Hines REIT.” Any Dealer receiving a check not conforming to the foregoing instructions shall return such check directly to such subscriber not later than noon Eastern Time the end of the next business day following its receipt. Checks received by the Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the methods in this Article II. Transmittal of received investor funds will be made in accordance with the following procedures: Where, pursuant to the Dealer’s internal supervisory procedures, internal supervisory review is conducted at the same location at which subscription documents and checks are received from subscribers, checks will be transmitted by noon Eastern Time the end of the next business day following receipt by the Dealer to the Company for deposit directly with the Companydeposit. Where, pursuant to the Dealer’s internal supervisory procedures, final and internal supervisory review is conducted at a different location, checks will be transmitted by noon Eastern Time the end of the next business day following receipt by the Dealer to the office of the Dealer conducting such final internal supervisory review (the “Final Review Office”). The Final Review Office will in turn transmit by 5:00 pm Eastern Time the end of the next business day following receipt at a different location by the Final Review Office such checks to the Company for deposit directly with the Companydeposit.
Appears in 2 contracts
Samples: Dealer Manager Agreement (Hines Real Estate Investment Trust Inc), Dealer Manager Agreement (Hines Real Estate Investment Trust Inc)
Submission of Orders. Those persons who purchase Shares will be instructed by the Dealer to make their checks payable to “The GC Net Lease REITXxxxx Real Estate Investment Trust, Inc.” or “Xxxxx REIT,” or as otherwise instructed by Dealer in the event Dealer follows other procedures. Any Dealer receiving a check not conforming to the foregoing such instructions shall return such check directly to such subscriber not later than noon Eastern Time the end of the next business day following its receipt. Checks received by the Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the methods in this Article II. Transmittal of received investor funds will be made in accordance with the following procedures: Where, pursuant to the Dealer’s internal supervisory procedures, internal supervisory review is conducted at the same location at which subscription documents and checks are received from subscribers, checks will be transmitted by noon Eastern Time the end of the next business day following receipt by the Dealer to the Company for deposit directly with the Companydeposit. Where, pursuant to the Dealer’s internal supervisory procedures, final and internal supervisory review is conducted at a different location, checks will be transmitted by noon Eastern Time the end of the next business day following receipt by the Dealer to the office of the Dealer conducting such final internal supervisory review (the “Final Review Office”). The Final Review Office will in turn transmit by 5:00 pm Eastern Time the end of the next business day following receipt at a different location by the Final Review Office such checks to the Company for deposit directly with the Companydeposit.
Appears in 2 contracts
Samples: Selected Dealer Agreement (Hines Real Estate Investment Trust Inc), Selected Dealer Agreement (Hines Real Estate Investment Trust Inc)
Submission of Orders. Those persons who purchase Shares will be instructed by the Dealer to make their checks check, draft, wire, or money order (“Payment Instruments”) payable to “The GC Net Lease REITStrategic Storage Trust VI, Inc.” Inc. Any Dealer receiving a check Payment Instrument not conforming to the foregoing instructions shall return such check Payment Instrument directly to such subscriber not later than noon Eastern Time of promptly the next business day following its receipt. Checks Payment Instruments received by the Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the methods in this Article II. Transmittal of received investor funds will be made in accordance with the following procedures: Where, pursuant to the Dealer’s internal supervisory procedures, internal supervisory review is conducted at the same location at which subscription documents and checks Payment Instruments are received from subscribers, checks Payment Instruments will be transmitted by noon Eastern Time of the next business day following receipt by the Dealer to the Company for deposit directly with the Company as set forth in the Subscription Agreement or as otherwise directed by the Company. Where, pursuant to the Dealer’s internal supervisory procedures, final and internal supervisory review is conducted at a different location, checks Payment Instruments will be transmitted by noon Eastern Time 5:00 pm of the next business day following receipt by the Dealer to the office of the Dealer conducting such final internal supervisory review (the “Final Review Office”). The Final Review Office will in turn transmit by 5:00 pm Eastern Time noon of the next business day following receipt at a different location by the Final Review Office such checks Payment Instruments to the Company for deposit directly with the Company as set forth in the Subscription Agreement or as otherwise directed by the Company.
Appears in 2 contracts
Samples: Dealer Manager Agreement (Strategic Storage Trust VI, Inc.), Dealer Manager Agreement (Strategic Storage Trust VI, Inc.)
Submission of Orders. Those persons who purchase Shares Bonds will be instructed by the Dealer to make their checks payable transfer the Subscription Amount to “The GC Net Lease REIT, Inc.” the entity listed in the Subscription Agreement. Any Dealer receiving a check Subscription Amount not conforming to the foregoing instructions shall return such check Subscription Amount directly to such subscriber Subscriber not later than noon Eastern Time of the next business day following its receipt. Checks Subscription Amounts received by the Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the methods in this Article II. Transmittal of received investor funds will be made in accordance with the following procedures: Where, pursuant to the Dealer’s internal supervisory procedures, internal supervisory review is conducted at the same location at which subscription documents the Subscription Agreements and checks Subscription Amounts are received from subscribersSubscribers, checks the Subscription Amounts will be transmitted by noon Eastern Time of the next business day following receipt by the Dealer to the Company Trustee for deposit directly with the CompanyTrustee. Where, pursuant to the Dealer’s internal supervisory procedures, final and internal supervisory review is conducted at a different location, checks Subscription Amounts will be transmitted by noon Eastern Time of the next business day following receipt by the Dealer to the office of the Dealer conducting such final internal supervisory review (the “Final Review Office”). The Final Review Office will in turn transmit by 5:00 pm Eastern Time of the next business day following receipt at a different location by the Final Review Office such checks Subscription Amounts to the Company Trustee for deposit directly with the CompanyTrustee.
Appears in 2 contracts
Samples: Managing Broker Dealer Agreement (Lighthouse Life Capital, LLC), Managing Broker Dealer Agreement (Lighthouse Life Capital, LLC)
Submission of Orders. Those persons who purchase Shares will be instructed by the Dealer to make their checks payable to “The GC Net Lease REIT, "Dividend Capital Trust Inc.” " Any Dealer receiving a check not conforming to the foregoing instructions shall return such check directly to such subscriber not later than noon Eastern Time the end of the next business day following its receipt. Checks received by the Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the methods in this Article II. Transmittal of received investor funds will be made in accordance with the following procedures: Where, pursuant to the Dealer’s 's internal supervisory procedures, internal supervisory review is conducted at the same location at which subscription documents and checks are received from subscribers, checks will be transmitted in care of the Dealer Manager by noon Eastern Time the end of the next business day following receipt by the Dealer to the Company for deposit directly with the Company. to Dividend Capital Trust Inc. Where, pursuant to the Dealer’s 's internal supervisory procedures, final and internal supervisory review is conducted at a different location, checks will be transmitted by noon Eastern Time the end of the next business day following receipt by the Dealer to the office of the Dealer conducting such final internal supervisory review (the “"Final Review Office”"). The Final Review Office will in turn transmit turn, by 5:00 pm Eastern Time the end of the next business day following receipt at a different location by the Final Review Office Office, transmit such checks to the Company for deposit directly with the Company.to Dividend Capital Trust Inc.
Appears in 2 contracts
Samples: Dealer Manager Agreement (Dividend Capital Trust Inc), Dealer Manager Agreement (Dividend Capital Trust Inc)
Submission of Orders. Those persons who purchase Shares will be instructed by the Dealer to make their checks payable to “The GC Net Lease REITHxxxx Real Estate Investment Trust, Inc.” or “Hxxxx REIT,” or as otherwise instructed by Dealer in the event Dealer follows other procedures. Any Dealer receiving a check not conforming to the foregoing such instructions shall return such check directly to such subscriber not later than noon Eastern Time the end of the next business day following its receipt. Checks received by the Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the methods in this Article II. Transmittal of received investor funds will be made in accordance with the following procedures: Where, pursuant to the Dealer’s internal supervisory procedures, internal supervisory review is conducted at the same location at which subscription documents and checks are received from subscribers, checks will be transmitted by noon Eastern Time the end of the next business day following receipt by the Dealer to the Company for deposit directly with the Companydeposit. Where, pursuant to the Dealer’s internal supervisory procedures, final and internal supervisory review is conducted at a different location, checks will be transmitted by noon Eastern Time the end of the next business day following receipt by the Dealer to the office of the Dealer conducting such final internal supervisory review (the “Final Review Office”). The Final Review Office will in turn transmit by 5:00 pm Eastern Time the end of the next business day following receipt at a different location by the Final Review Office such checks to the Company for deposit directly with the Companydeposit.
Appears in 1 contract
Samples: Selected Dealer Agreement (Hines Real Estate Investment Trust Inc)
Submission of Orders. Those persons who purchase Shares will be instructed by the Dealer to make their checks payable to “The GC Net Lease REITHxxxx Real Estate Investment Trust, Inc.” or “Hines REIT,” or as otherwise instructed by Dealer in the event Dealer follows other procedures. Any Dealer receiving a check not conforming to the foregoing such instructions shall return such check directly to such subscriber not later than noon Eastern Time the end of the next business day following its receipt. Checks received by the Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the methods in this Article II. Transmittal of received investor funds will be made in accordance with the following procedures: Where, pursuant to the Dealer’s internal supervisory procedures, internal supervisory review is conducted at the same location at which subscription documents and checks are received from subscribers, checks will be transmitted by noon Eastern Time the end of the next business day following receipt by the Dealer to the Company for deposit directly with the Companydeposit. Where, pursuant to the Dealer’s internal supervisory procedures, final and internal supervisory review is conducted at a different location, checks will be transmitted by noon Eastern Time the end of the next business day following receipt by the Dealer to the office of the Dealer conducting such final internal supervisory review (the “Final Review Office”). The Final Review Office will in turn transmit by 5:00 pm Eastern Time the end of the next business day following receipt at a different location by the Final Review Office such checks to the Company for deposit directly with the Companydeposit.
Appears in 1 contract
Samples: Dealer Manager Agreement (Hines Real Estate Investment Trust Inc)
Submission of Orders. Those persons who purchase Shares will be instructed by the Dealer to make their checks payable to an escrow agent for the Company, whenever appropriate, or the Company after 250,000 Shares have been sold by the Dealer Manager and its Dealers (the “The GC Net Lease REIT, Inc.” Minimum Offering”). Any Dealer receiving a check not conforming to the foregoing instructions shall return such check directly to such subscriber not later than noon Eastern Time the end of the next business day following its receipt. Checks received by the Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the methods in this Article II. Transmittal of received investor funds will be made in accordance with the following procedures: Where, pursuant to the Dealer’s internal supervisory procedures, internal supervisory review is conducted at the same location at which subscription documents and checks are received from subscribers, checks will be transmitted in care of the Dealer Manager by noon Eastern Time the end of the next business day following receipt by the Dealer for deposit to an escrow agent for the Company, whenever appropriate, or the Company for deposit directly with after the CompanyMinimum Offering has been achieved. Where, pursuant to the Dealer’s internal supervisory procedures, final and internal supervisory review is conducted at a different location, checks will be transmitted by noon Eastern Time the end of the next business day following receipt by the Dealer to the office of the Dealer conducting such final internal supervisory review (the “Final Review Office”). The Final Review Office will in turn transmit by 5:00 pm Eastern Time the end of the next business day following receipt at a different location by the Final Review Office Office, transmit such checks for deposit to an escrow agent for the Company, whenever appropriate, or the Company for deposit directly with after the CompanyMinimum Offering has been achieved.
Appears in 1 contract
Samples: Dealer Manager Agreement (Wells Real Estate Investment Trust Ii Inc)
Submission of Orders. Those persons who purchase Shares will be instructed by the Dealer to make their checks payable to “The GC Net Lease REIT, "Fidelity Dividend Capital Inc.” " Any Dealer receiving a check not conforming to the foregoing instructions shall return such check directly to such subscriber not later than noon Eastern Time the end of the next business day following its receipt. Checks received by the Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the methods in this Article II. Transmittal of received investor funds will be made in accordance with the following procedures: Where, pursuant to the Dealer’s 's internal supervisory procedures, internal supervisory review is conducted at the same location at which subscription documents and checks are received from subscribers, checks will be transmitted in care of the Dealer Manager by noon Eastern Time the end of the next business day following receipt by the Dealer to the Company for deposit directly with the Company. to Fidelity Dividend Capital , Inc. Where, pursuant to the Dealer’s 's internal supervisory procedures, final and internal supervisory review is conducted at a different location, checks will be transmitted by noon Eastern Time the end of the next business day following receipt by the Dealer to the office of the Dealer conducting such final internal supervisory review (the “"Final Review Office”"). The Final Review Office will in turn transmit by 5:00 pm Eastern Time the end of the next business day following receipt at a different location by the Final Review Office Office, transmit such checks to the Company for deposit directly with by the Companyescrow agent appointed for the Offering.
Appears in 1 contract
Submission of Orders. Those persons who purchase Shares will be instructed by the Dealer to make their checks payable to “The GC Net Lease REIT, "Dividend Capital Total Realty Trust Inc.” " Any Dealer receiving a check not conforming to the foregoing instructions shall return such check directly to such subscriber not later than noon Eastern Time the end of the next business day following its receipt. Checks received by the Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the methods in this Article II. Transmittal of received investor funds will be made in accordance with the following procedures: Where, pursuant to the Dealer’s 's internal supervisory procedures, internal supervisory review is conducted at the same location at which subscription documents and checks are received from subscribers, checks will be transmitted in care of the Dealer Manager by noon Eastern Time the end of the next business day following receipt by the Dealer to the Company for deposit directly with the Company. to Dividend Capital Total Realty Trust Inc. Where, pursuant to the Dealer’s 's internal supervisory procedures, final and internal supervisory review is conducted at a different location, checks will be transmitted by noon Eastern Time the end of the next business day following receipt by the Dealer to the office of the Dealer conducting such final internal supervisory review (the “"Final Review Office”"). The Final Review Office will in turn transmit turn, by 5:00 pm Eastern Time the end of the next business day following receipt at a different location by the Final Review Office Office, transmit such checks to the Company for deposit directly with the Company.to Dividend Capital Total Realty Trust Inc.
Appears in 1 contract
Samples: Dealer Manager Agreement (Dividend Capital Total Realty Trust Inc.)
Submission of Orders. Those persons who purchase Shares will be instructed by the Dealer to make their checks payable to “The GC Net Lease REIT"Strategic Storage Trust, Inc.” " Any Dealer receiving a check not conforming to the foregoing instructions shall return such check directly to such subscriber not later than noon Eastern Time of promptly the next business day following its receipt. Checks received by the Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the methods in this Article II. Transmittal of received investor funds will be made in accordance with the following procedures: Where, pursuant to the Dealer’s 's internal supervisory procedures, internal supervisory review is conducted at the same location at which subscription documents and checks are received from subscribers, checks will be transmitted by noon Eastern Time of promptly the next business day following receipt by the Dealer to the Company for deposit directly with the Company. Where, pursuant to the Dealer’s 's internal supervisory procedures, final and internal supervisory review is conducted at a different location, checks will be transmitted by noon Eastern Time of promptly the next business day following receipt by the Dealer to the office of the Dealer conducting such final internal supervisory review (the “"Final Review Office”"). The Final Review Office will in turn transmit by 5:00 pm Eastern Time of promptly the next business day following receipt at a different location by the Final Review Office such checks to the Company for deposit directly with the Company.
Appears in 1 contract
Samples: Dealer Manager Agreement (Strategic Storage Trust, Inc.)
Submission of Orders. Those persons who purchase Shares will be instructed by the Dealer to make their checks payable to “The GC Xxxxxxx Capital Net Lease REIT, Inc.” Any Dealer receiving a check not conforming to the foregoing instructions shall return such check directly to such subscriber not later than noon Eastern Time of the next business day following its receipt. Checks received by the Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the methods in this Article II. Transmittal of received investor funds will be made in accordance with the following procedures: Where, pursuant to the Dealer’s internal supervisory procedures, internal supervisory review is conducted at the same location at which subscription documents and checks are received from subscribers, checks will be transmitted by noon Eastern Time of the next business day following receipt by the Dealer to the Company for deposit directly with the Company. Where, pursuant to the Dealer’s internal supervisory procedures, final and internal supervisory review is conducted at a different location, checks will be transmitted by noon Eastern Time of the next business day following receipt by the Dealer to the office of the Dealer conducting such final internal supervisory review (the “Final Review Office”). The Final Review Office will in turn transmit by 5:00 pm Eastern Time of the next business day following receipt at a different location by the Final Review Office such checks to the Company for deposit directly with the Company.
Appears in 1 contract
Samples: Dealer Manager Agreement (Griffin Capital Net Lease REIT, Inc.)
Submission of Orders. Those persons who purchase Shares will be instructed by the Dealer to make their checks payable to “The GC Net Lease Xxxxxxx Capital Essential Asset REIT, Inc.” Any Dealer receiving a check not conforming to the foregoing instructions shall return such check directly to such subscriber not later than noon Eastern Time of the next business day following its receipt. Checks received by the Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the methods in this Article II. Transmittal of received investor funds will be made in accordance with the following procedures: Where, pursuant to the Dealer’s internal supervisory procedures, internal supervisory review is conducted at the same location at which subscription documents and checks are received from subscribers, checks will be transmitted by noon Eastern Time of the next business day following receipt by the Dealer to the Company for deposit directly with the Company. Where, pursuant to the Dealer’s internal supervisory procedures, final and internal supervisory review is conducted at a different location, checks will be transmitted by noon Eastern Time of the next business day following receipt by the Dealer to the office of the Dealer conducting such final internal supervisory review (the “Final Review Office”). The Final Review Office will in turn transmit by 5:00 pm Eastern Time of the next business day following receipt at a different location by the Final Review Office such checks to the Company for deposit directly with the Company.
Appears in 1 contract
Samples: Dealer Manager Agreement (Griffin Capital Essential Asset REIT, Inc.)
Submission of Orders. Until $2,000,000 has been raised from the sale of Shares in the Offering, investments will be held in escrow (the “Minimum Offering Requirement”). If the Minimum Offering Requirement is not obtained within the time periods specified in the Prospectus, investments will be returned to the investors in accordance with the Prospectus. Those persons who purchase Shares will be instructed by the Dealer to make their checks payable to “The GC Net Lease REITREITPlus, Inc.” Any Dealer receiving a check not conforming to the foregoing instructions shall return such check directly to such subscriber not later than noon Eastern Time the end of the next business day following its receipt. Checks received by the Dealer which conform to the foregoing instructions shall be transmitted for deposit pursuant to one of the methods in this Article II. Transmittal of received investor funds will be made in accordance with the following procedures: Where, pursuant to the Dealer’s internal supervisory procedures, internal supervisory review is conducted at the same location at which subscription documents and checks are received from subscribers, checks will be transmitted in care of the Dealer Manager by noon Eastern Time the end of the next business day following receipt by the Dealer to the Company for deposit directly with the Company. to REITPlus, Inc. Where, pursuant to the Dealer’s internal supervisory procedures, final and internal supervisory review is conducted at a different location, checks will be transmitted by noon Eastern Time the end of the next business day following receipt by the Dealer to the office of the Dealer conducting such final internal supervisory review (the “Final Review Office”). The Final Review Office will in turn transmit turn, by 5:00 pm Eastern Time the end of the next business day following receipt at a different location by the Final Review Office Office, transmit such checks to the Company for deposit directly with the Company.to REITPlus, Inc.
Appears in 1 contract