Term; Expiration. This Agreement shall become effective on the initial Effective Date, and the obligations of the parties hereunder shall not commence until the initial Effective Date. Unless sooner terminated pursuant to this Section 10, this Agreement shall expire at the end of the Offering Period. This Agreement may be earlier terminated (i) by the Company pursuant to Section 10(b), and (ii) by the Dealer Manager pursuant to Section 10(c). The date upon which this Agreement shall have so expired or been terminated earlier shall be referred to as the “Termination Date”. For the avoidance of doubt, from and after the occurrence of the Termination Date, the Company shall have the right to commence and undertake preparations to commence a public offering of Units, Warrants, Series A Redeemable Preferred Stock, any other class or series of preferred stock of the Company or any securities that are similar to any of the foregoing.
Appears in 6 contracts
Samples: Dealer Manager Agreement (Preferred Apartment Communities Inc), Dealer Manager Agreement (Preferred Apartment Communities Inc), Dealer Manager Agreement (Preferred Apartment Communities Inc)
Term; Expiration. This Agreement shall become effective on the initial Effective Date, and the obligations of the parties hereunder shall not commence until the initial Effective Date. Unless sooner terminated pursuant to this Section 10, this Agreement shall expire at the end of the Offering Period. This Agreement may be earlier terminated (i) by the Company pursuant to Section 10(b), and (ii) by the Dealer Manager pursuant to Section 10(c). The date upon which this Agreement shall have so expired or been terminated earlier shall be referred to as the “Termination Date”. For the avoidance of doubt, from and after the occurrence of the Termination Date, the Company shall have the right to commence and undertake preparations to commence a public offering of Units, Warrants, Series A Redeemable Preferred Stock, any other class or series of preferred stock of the Company or any securities that are similar to any of the foregoingCommon Shares.
Appears in 6 contracts
Samples: Dealer Manager Agreement (Lightstone Value Plus Real Estate Investment Trust III, Inc.), Dealer Manager Agreement (Lightstone Real Estate Income Trust Inc.), Dealer Manager Agreement (Lightstone Real Estate Income Trust Inc.)
Term; Expiration. This Agreement shall become effective on the initial Effective Datedate first written above, and the obligations of the parties hereunder shall not commence until the initial Effective Datedate first written above. Unless sooner terminated pursuant to this Section 10, this Agreement shall expire at the end of the Offering Period. This Agreement may be earlier terminated (i) by the Company pursuant to Section 10(b), and (ii) by the Dealer Manager pursuant to Section 10(c). The date upon which this Agreement shall have so expired or been terminated earlier shall be referred to as the “Termination Date”. For the avoidance of doubt, from and after the occurrence of the Termination Date, the Company shall have the right to commence and undertake preparations to commence a public offering of Units, Warrants, Series A Redeemable Preferred Stock, any other class or series of preferred stock of the Company or any securities that are similar to any of the foregoingCommon Shares.
Appears in 2 contracts
Samples: Dealer Manager Agreement (United Realty Trust Inc), Dealer Manager Agreement (United Realty Trust Inc)