Terms and Conditions of the Selling Commissions Sample Clauses

Terms and Conditions of the Selling Commissions. The Company will pay Dealer Manager selling commissions in the amount of up to (i) 3.5% of the total price per Class A Share of each sale of Class A Primary Shares and (ii) 1.5% of the total price per Class A-I Share of each sale of Class A-I Primary Shares, unless a reduced amount is agreed to in the participating broker-dealer agreement for the Participating Broker-Dealer which made that particular sale. The Company will not pay to the Dealer Manager any selling commissions in respect of the sale of any Class M or Class M-I shares or DRIP Shares. All selling commissions payable to Dealer Manager for sales of Class A and Class A-I Primary Shares will be deducted from the monies submitted to the Company by Participating Broker-Dealers on behalf of the purchaser and delivered on a weekly basis to Dealer Manager.
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Terms and Conditions of the Selling Commissions. 1. Class A Primary Shares Participating Broker-Dealer will receive a selling commission in an amount of up to % of the NAV per Class A Primary Share on each Class A Primary Share sold by Participating Broker-Dealer calculated after the close of business on the day the subscription agreement is accepted and confirmed by the Company, or if such day is not a business day, calculated after the close of business on the next business day, and sold by it and accepted and confirmed by the Company. Participating Broker-Dealer has agreed to offer the following discounts to qualifying purchasers for Class A Primary Shares as permitted by the terms of the Prospectus: Aggregate Purchase Price of Class A Shares Class A Selling Commission as a % of NAV Per Class A Share $10,000 - $149,999.99 3.50 % $150,000 - $499,999.99 3.00 % $500,000 - $999,999.99 2.50 % $1,000,000 and up 2.00 %
Terms and Conditions of the Selling Commissions. Participating Broker-Dealer shall be entitled to receive selling commissions, in an amount as determined by the Participating Broker-Dealer, of up to 5.0% of the Gross Price per Unit on each Unit sold by Participating Broker-Dealer. Participating Broker-Dealer will have sole discretion whether to waive, remit or reduce the selling commission payable to it in connection with the Units sold by Participating Broker-Dealer and, to the extent so waived, remitted or reduced, neither the Company, nor the Dealer Manager, nor any of their respective affiliates, shall charge or receive a selling commission in connection with a Unit sold by Participating Broker-Dealer. All selling commissions payable to the Participating Broker-Dealer will be collected by Participating Broker-Dealer from the purchaser.
Terms and Conditions of the Selling Commissions. 1. Class A Primary Shares Participating Broker-Dealer will receive a selling commission in an amount of up to % of the NAV per Class A Primary Share on each Class A Primary Share sold by Participating Broker-Dealer calculated after the close of business on the day the subscription agreement is accepted and confirmed by the Company, or if such day is not a business day, calculated after the close of business on the next business day. Participating Broker-Dealer has agreed to offer the following discounts to qualifying purchasers for Class A Primary Shares as permitted by the terms of the Prospectus:
Terms and Conditions of the Selling Commissions. Participating Broker-Dealer will receive a selling commission in an amount of up to (i) % of the NAV per Class A Primary Share on each Class A Primary Share and (ii) (i) % of the NAV per Class I-A Primary Share on each Class A Primary Share sold by Participating Broker-Dealer calculated after the close of business on the day the subscription agreement is accepted and confirmed by the Company, or if such day is not a business day, calculated after the close of business on the next business day, and sold by it and accepted and confirmed by the Company. Participating Broker-Dealer has agreed to offer the following discounts to qualifying purchasers for Class A Primary Shares as permitted by the terms of the Prospectus: Aggregate Purchase Price of Class A Shares Class A Selling Commission as a % of NAV Per Class A Share Up to $149,999.99 3.50 % $150,000 - $499,999.99 3.00 % $500,000 - $999,999.99 2.50 % $1,000,000 and up 2.00 % All selling commissions payable to Participating Broker-Dealer for sales of Class A and Class I-A Primary Shares will be deducted from the monies submitted to the Company by Participating Broker-Dealer on behalf of the purchaser and deposited on a weekly basis to Participating Broker-Dealer’s bank account provided in Schedule 2. Participating Broker-Dealer agrees that Dealer Manager shall be entitled to receive an amount equal to (i) % of the NAV per Class A Primary Share on each Class A Primary Share sold by Participating Broker-Dealer, and (ii) % of the NAV per Class I-A Primary Share on each Class I-A Primary Share sold by Participating Broker-Dealer which amount shall be deducted from the selling commissions that would otherwise be payable to Participating Broker-Dealer in accordance with this Agreement. No selling commissions will be paid with respect to the sale of Class M or Class I-M shares.
Terms and Conditions of the Selling Commissions. Participating Broker-Dealer shall be entitled to receive selling commissions, in an amount as determined by the Participating Broker-Dealer, of up to 1.0% of the NAV per Class D Share on each Class D Share sold by Participating Broker-Dealer. Participating Broker-Dealer will have sole discretion whether to waive, remit or reduce the selling commission payable to it in connection with the Class D Shares sold by Participating Broker-Dealer and neither the Company, nor the Dealer Manager, nor any of their respective affiliates, shall charge or receive a selling commission in connection with a Class D Share sold by Participating Broker-Dealer. All selling commissions payable to the Participating Broker-Dealer will be collected by Participating Broker-Dealer from the purchaser. No selling commissions shall be paid with respect to any sale of DRIP Shares. “DEALER MANAGER” LaSalle Investment Management Distributors, LLC Name: Title: “PARTICIPATING BROKER-DEALER” Name: Title: SCHEDULE 2 TO PARTICIPATING BROKER-DEALER AGREEMENT WITH [ ] NAME OF ISSUER: XXXXX XXXX LASALLE INCOME PROPERTY TRUST, INC. NAME OF PARTICIPATING BROKER-DEALER: SCHEDULE TO AGREEMENT DATED: Participating Broker-Dealer hereby authorizes the Dealer Manager or its agent to deposit reallowances and other payments due to it pursuant to the Participating Broker-Dealer Agreement to its bank account specified below. This authority will remain in force until Participating Broker-Dealer notifies the Dealer Manager in writing to cancel it. In the event that the Dealer Manager deposits funds erroneously into Participating Broker-Dealer’s account, the Dealer Manager is authorized to debit the account with no prior notice to Participating Broker-Dealer for an amount not to exceed the amount of the erroneous deposit. Bank Name: Bank Address: Bank Routing Number: Account Number: “PARTICIPATING BROKER-DEALER” (Print Name of Participating Broker-Dealer) By: Name: Title: Date: SCHEDULE 3 TO PARTICIPATING BROKER-DEALER AGREEMENT WITH [ ] Participating Broker-Dealer represents and warrants that it is currently licensed as a broker-dealer in the following jurisdictions: Alabama Montana

Related to Terms and Conditions of the Selling Commissions

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  • Terms and Conditions of the Notes The Notes shall be governed by all the terms and conditions of the Indenture, as supplemented by this First Supplemental Indenture. In particular, the following provisions shall be terms of the Notes:

  • Conditions to Obligations of the Sellers The obligations of the Sellers to consummate the transactions contemplated by this Agreement shall be subject to the fulfillment, at or prior to the Closing, of each of the following conditions:

  • General Terms and Conditions of the Notes Section 201.

  • Terms and Conditions of Sales Shares shall be offered for sale only in those jurisdictions where they have been properly registered or are exempt from registration or for which appropriate notice filings have been made, and only to those groups of people which the Board may from time to time determine to be eligible to purchase such shares.

  • SPECIAL TERMS AND CONDITIONS OF TRUST The following special terms and conditions are hereby agreed to:

  • Terms and Conditions of the Offer The obligations of Purchaser to accept for payment, and pay for, any Shares validly tendered (and not validly withdrawn) pursuant to the Offer are subject only to the terms and conditions set forth in this Agreement, including the satisfaction of the Minimum Condition, the Termination Condition and the other conditions set forth in Annex I (collectively, the “Offer Conditions”). The Offer shall be made by means of an offer to purchase (the “Offer to Purchase”) that contains the Offer Conditions and the other terms set forth in this Agreement. Purchaser expressly reserves the right, to the extent permitted by applicable Legal Requirements, to (i) increase the Offer Price, (ii) waive any Offer Condition and (iii) make any other changes in the terms and conditions of the Offer not inconsistent with the terms of this Agreement; provided, however, notwithstanding anything to the contrary contained in this Agreement, without the prior written consent of the Company, Parent and Purchaser shall not (A) decrease the Offer Price (other than in a manner required by Section 1.1(g),) (B) change the form of consideration payable in the Offer, (C) decrease the maximum number of Shares sought to be purchased in the Offer, (D) impose conditions or requirements to the Offer in addition to the Offer Conditions, (E) amend, modify or waive the Minimum Condition, Termination Condition or the conditions set forth in clause (e) or (g) of Annex I, (F) otherwise amend or modify any of the other terms of the Offer in a manner that materially and adversely affects, or would reasonably be expected to materially and adversely affect, any holder of Shares in its capacity as such (provided that Purchaser expressly reserves the right but shall not be obligated to waive any of the Offer Conditions), (G) except as provided in Sections 1.1(c) or 1.1(d), terminate the Offer or accelerate, extend or otherwise change the Expiration Date or (H) provide any “subsequent offering period” (or any extension thereof) within the meaning of Rule 14d-11 promulgated under the Exchange Act. In accordance with Section 1.1(d), the Offer may not be withdrawn prior to the Expiration Date (or any rescheduled Expiration Date) of the Offer, unless this Agreement is terminated in accordance with Section 8.1.

  • Conditions to Obligations of the Seller The obligations of the Seller to consummate the transactions contemplated by this Agreement shall be subject to the fulfillment or written waiver, at or prior to the Closing, of each of the following conditions:

  • Terms and Conditions of Sale As defined in Section 3.14(b). Terminal – A point-of-transaction terminal that conforms with the requirements established from time to time by Servicer and the applicable Card Association capable of (i) reading the account number encoded on the magnetic stripe, (ii) comparing the last four digits of the encoded account number to the manually key-entered last four digits of the embossed account number, and (iii) transmitting the full, unaltered contents of the magnetic stripe in the Authorization message. ***** Confidential portions of the material have been omitted and filed separately with the Securities and Exchange Commission.

  • CONDITIONS OF OBLIGATIONS OF THE UNDERWRITERS The several obligations of the Underwriters to purchase the Firm Shares on the Closing Date and the Option Shares, if any, on the Option Closing Date are subject to the accuracy, as of the Closing Date or the Option Closing Date, as the case may be, of the representations and warranties of the Company contained herein, and to the performance by the Company of its covenants and obligations hereunder and to the following additional conditions:

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