Common use of Term; Expiration Clause in Contracts

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; provided, however, that the obligations of the parties under Sections 3(e), 3(f), 7, 8, 9 and 11 and this Section 10 shall commence on, 2012 and Sections 3(e), 3(f), 7, 8, 9 and 11 and this Section 10 shall be effective as of, 2012. Unless sooner terminated pursuant to this Section 10(a), this Agreement shall expire at the end of the Offering Period; provided, however, that if the Offering Period does not commence by, 2012, then this Agreement shall expire automatically at 11:59 p.m. Eastern time, on, 2012 without further action by the parties. 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”.

Appears in 6 contracts

Samples: Exclusive Dealer Manager Agreement (RCS Capital Corp), Exclusive Dealer Manager Agreement (RCS Capital Corp), Exclusive Dealer Manager Agreement (American Realty Capital Trust IV, Inc.)

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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; provided, however, that the obligations of the parties under Sections 3(e), 3(f), 7, 8, 9 and 11 and this Section 10 shall commence onon , 2012 2013 and Sections 3(e), 3(f), 7, 8, 9 and 11 and this Section 10 shall be effective as ofof , 20122013. Unless sooner terminated pursuant to this Section 10(a), this Agreement shall expire at the end of the Offering Period; provided, however, that if the Offering Period does not commence byby , 20122013, then this Agreement shall expire automatically at 11:59 p.m. Eastern time, onon , 2012 2013 without further action by the parties. 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”.

Appears in 4 contracts

Samples: Exclusive Dealer Manager Agreement (RCS Capital Corp), Escrow Agreement (ARC Realty Finance Trust, Inc.), Escrow Agreement (ARC Realty Finance Trust, 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; provided, however, that the obligations of the parties under Sections 3(e), 3(f), 7, 8, 9 and 11 and this Section 10 shall commence onon , 2012 2010 and Sections 3(e), 3(f), 7, 8, 9 and 11 and this Section 10 shall be effective as ofof , 20122010. Unless sooner terminated pursuant to this Section 10(a), this Agreement shall expire at the end of the Offering Period; provided, however, that if the Offering Period does not commence byby , 20122010, then this Agreement shall expire automatically at 11:59 p.m. Eastern time, onon , 2012 2010 without further action by the parties. This Agreement (i) may be earlier terminated (i) by the Company pursuant to Section 10(b) ), and (ii) may be earlier terminated 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”.

Appears in 4 contracts

Samples: Exclusive Dealer Manager Agreement (Corporate Income Properties - ARC, Inc.), Exclusive Dealer Manager Agreement (ARC - Northcliffe Income Properties, Inc.), Exclusive Dealer Manager Agreement (American Realty Capital New York Recovery Reit 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; provided, however, that the obligations of the parties under Sections 3(e), 3(f), 7, 8, 9 and 11 and this Section 10 shall commence onon , 2012 2011 and Sections 3(e), 3(f), 7, 8, 9 and 11 and this Section 10 shall be effective as ofof , 20122011. Unless sooner terminated pursuant to this Section 10(a), this Agreement shall expire at the end of the Offering Period; provided, however, that if the Offering Period does not commence byby , 20122011, then this Agreement shall expire automatically at 11:59 p.m. Eastern time, onon , 2012 2011 without further action by the parties. 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”.

Appears in 4 contracts

Samples: Dealer Manager Agreement (American Realty Capital Trust III, Inc.), Escrow Agreement (American Realty Capital Global Daily Net Asset Value Trust, Inc.), Escrow Agreement (American Realty Capital Daily Net Asset Value Trust, 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; provided, however, that the obligations of the parties under Sections 3(e), 3(f), 7, 8, 9 and 11 and this Section 10 shall commence onon , 2012 2010 and Sections 3(e), 3(f), 7, 8, 9 and 11 and this Section 10 shall be effective as ofof , 20122010. Unless sooner terminated pursuant to this Section 10(a), this Agreement shall expire at the end of the Offering Period; provided, however, that if the Offering Period does not commence byby , 20122010, then this Agreement shall expire automatically at 11:59 p.m. Eastern time, onon , 2012 2010 without further action by the parties. 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”.

Appears in 4 contracts

Samples: Exclusive Dealer Manager Agreement (American Realty Capital Healthcare Trust Inc), Escrow Agreement (American Realty Capital Trust II, Inc.), Escrow Agreement (American Realty Capital Trust II, 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; provided, however, that the obligations of the parties under Sections 3(e), 3(f), 7, 8, 9 and 11 and this Section 10 shall commence onon June 24, 2012 2009 and Sections 3(e), 3(f), 7, 8, 9 and 11 and this Section 10 shall be effective as ofof June 24, 20122009. Unless sooner terminated pursuant to this Section 10(a), this Agreement shall expire at the end of the Offering Period; provided, however, that if the Offering Period does not commence byby December 31, 20122009, then this Agreement shall expire automatically at 11:59 p.m. Eastern time, onon December 31, 2012 2009 without further action by the parties. This Agreement (i) may be earlier terminated (i) by the Company Trust pursuant to Section 10(b) ), and (ii) may be earlier terminated 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”.

Appears in 2 contracts

Samples: Exclusive Dealer Manager Agreement (RCS Capital Corp), Exclusive Dealer Manager Agreement (United Development Funding IV)

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; provided, however, that the obligations of the parties under Sections 3(e), 3(f), 7, 8, 9 and 11 and this Section 10 shall commence onon , 2012 2009 and Sections 3(e), 3(f), 7, 8, 9 and 11 and this Section 10 shall be effective as ofof , 20122009. Unless sooner terminated pursuant to this Section 10(a), this Agreement shall expire at the end of the Offering Period; provided, however, that if the Offering Period does not commence byby , 20122009, then this Agreement shall expire automatically at 11:59 p.m. Eastern time, onon , 2012 2009 without further action by the parties. This Agreement (i) may be earlier terminated (i) by the Company pursuant to Section 10(b) ), and (ii) may be earlier terminated 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”.

Appears in 1 contract

Samples: Exclusive Dealer Manager Agreement (American Realty Capital New York Recovery Reit Inc)

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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; provided, however, that the obligations of the parties under Sections 3(e), 3(f), 7, 8, 9 and 11 and this Section 10 shall commence onon June 24, 2012 2009 and Sections 3(e), 3(f), 7, 8, 9 and 11 and this Section 10 shall be effective as ofof June 24, 20122009. Unless sooner terminated pursuant to this Section 10(a), this Agreement shall expire at the end of the Offering Period; provided, however, that if the Offering Period does not commence byby November 1, 20122009, then this Agreement shall expire automatically at 11:59 p.m. Eastern time, onon November 1, 2012 2009 without further action by the parties. This Agreement (i) may be earlier terminated (i) by the Company Trust pursuant to Section 10(b) ), and (ii) may be earlier terminated 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”.

Appears in 1 contract

Samples: Exclusive Dealer Manager Agreement (United Development Funding IV)

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; provided, however, that the obligations of the parties under Sections 3(e), 3(f), 7, 8, 9 and 11 and this Section 10 shall commence onon , 2012 and Sections 3(e), 3(f), 7, 8, 9 and 11 and this Section 10 shall be effective as ofof , 2012. Unless sooner terminated pursuant to this Section 10(a), this Agreement shall expire at the end of the Offering Period; provided, however, that if the Offering Period does not commence byby , 2012, then this Agreement shall expire automatically at 11:59 p.m. Eastern time, onon , 2012 without further action by the parties. 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”.

Appears in 1 contract

Samples: Dealer Manager Agreement (American Realty Capital Global Daily Net Asset Value Trust, 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; provided, however, that the obligations of the parties under Sections 3(e), 3(f), 7, 8, 9 and 11 and this Section 10 shall commence on, 2012 201 and Sections 3(e), 3(f), 7, 8, 9 and 11 and this Section 10 shall be effective as of, 2012201. Unless sooner terminated pursuant to this Section 10(a), this Agreement shall expire at the end of the Offering Period; provided, however, that if the Offering Period does not commence by, 2012201, then this Agreement shall expire automatically at 11:59 p.m. Eastern time, on, 2012 201 without further action by the parties. 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”.

Appears in 1 contract

Samples: Escrow Agreement (American Realty Capital Healthcare Trust II, Inc.)

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