Common use of Terms and Conditions of the Selling Commissions Clause in Contracts

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.

Terms and Conditions of the Selling Commissions. The Company will pay Dealer Manager selling commissions in the amount of up to (i) 3.53.0% of the total price NAV per Class A Share of each sale of Class A Primary Shares and (ii) 1.5% of the total price NAV 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.

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 AI-I A Share of each sale of Class AI-I A 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 MI-I M shares or DRIP Shares. All selling commissions payable to Dealer Manager for sales of Class A and Class AI-I A 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.