Terms and Conditions of the Servicing Fees. The payment of the Servicing Fee to Dealer is subject to terms and conditions set forth herein and the Prospectus as may be amended or supplemented from time to time. If Dealer elects to sell Class T shares, Class S shares or Class D shares, eligibility to receive the Servicing Fee with respect to the Class T shares, Class S shares or Class D shares, as applicable, sold by Dealer is conditioned upon Dealer acting and continuing to act as broker-dealer of record with respect to such Shares and complying with the requirements set forth below, including providing stockholder and account maintenance services with respect to such Shares. For the avoidance of doubt, such services are non-distribution services, other than those primarily intended to result in the sale of Shares.
Terms and Conditions of the Servicing Fees. The payment of the Servicing Fee to Selected Dealer is subject to terms and conditions set forth herein and the Prospectus as may be amended or supplemented from time to time. If Selected Dealer elects to sell Class S Shares, Class D Shares, Class F-S Shares, and/or Class F-D Shares, eligibility to receive the Servicing Fee with respect to the Class S Shares, Class D Shares, Class F-S Shares, and/or Class F-D Shares, as applicable, sold by the Selected Dealer is conditioned upon the Selected Dealer acting as broker-dealer of record with respect to such Shares and complying with the requirements set forth below, including providing stockholder and account maintenance services with respect to such Shares. For the avoidance of doubt, such services are non-distribution services, other than those primarily intended to result in the sale of Shares.
Terms and Conditions of the Servicing Fees. The payment of the Servicing Fee to Participating Broker-Dealer is subject to terms and conditions set forth herein and the Private Placement Memorandum as may be amended or supplemented from time to time. If Participating Broker-Dealer elects to sell Class T, Class F-T, Class D, Class F-D, Class S or Class F-S Shares, eligibility to receive the Servicing Fee with respect to the Class T, Class F-T, Class D, Class F-D, Class S or Class F-S Shares, as applicable, sold by Participating Broker-Dealer is conditioned upon Participating Broker-Dealer acting as broker-dealer of record with respect to such Shares and complying with the requirements set forth below, including providing shareholder and account maintenance services with respect to such Shares. For the avoidance of doubt, such services are non-distribution services, other than those primarily intended to result in the sale of Shares.
Terms and Conditions of the Servicing Fees. The payment of the unitholder servicing fee (“Servicing Fees”) to Dealer is subject to terms and conditions set forth herein and the Memorandum as may be amended or supplemented from time to time. If Dealer elects to sell Class S Units and/or Class D Units, eligibility to receive the Servicing Fee with respect to the Class S Units and/or Class D Units, as applicable, sold by the Dealer is conditioned upon Dealer acting as broker-dealer of record with respect to such Units and complying with the requirements set forth below, including providing unitholder and account maintenance services with respect to such Units.
Terms and Conditions of the Servicing Fees. Eligibility to receive the Servicing Fee is conditioned on a broker-dealer providing the following ongoing services with respect to the Class S common shares or Class D common shares: responding to customer inquiries of a general nature regarding the Company; crediting distributions from the Company to customer accounts; arranging for bank wire transfer of funds to or from a customer’s account; responding to customer inquiries and requests regarding shareholder reports, notices, proxies and proxy statements, and other Company documents; forwarding the Memorandum, as amended and supplemented, tax notices and annual and quarterly reports to beneficial owners of the Shares; assisting the Company in establishing and maintaining shareholder accounts and records; assisting customers in changing account options, account designations and account addresses, and providing such other similar services as the Company may reasonably request to the extent the an authorized service provider is permitted to do so under applicable statutes, rules, or regulations. The Servicing Fees are ongoing fees that are not paid at the time of purchase. The Participating Broker-Dealer hereby represents by its acceptance of each payment of the Servicing Fees that it complies with each of the above requirements and is providing the above-described services. The Participating Broker-Dealer agrees to promptly notify the Dealer Manager if it is no longer the broker-dealer of record with respect to some or all of the Class S common shares or Class D common shares giving rise to such Servicing Fees and/or if it no longer satisfies any or all of the conditions set forth above.
Terms and Conditions of the Servicing Fees. Subject to the conditions described herein, for Class S shares and Class D shares sold by Participating Broker-Dealer, the Dealer-Manager shall reallow any Servicing Fees, in an amount described above, directly to Participating Broker-Dealer unless such shares are held in custody at a qualified custodian with which the Dealer Manager has an agreement directing that any such Servicing Fees be paid to such custodian. For Class S shares and Class D shares sold by Participating Broker-Dealer and held in custody with any such custodian, any Servicing Fees for such shares shall be paid by the Dealer Manager to such custodian. To the extent payable, the Servicing Fee will be payable monthly in arrears as provided in the Private Placement Memorandum. All determinations regarding the total amount of the Servicing Fee, Participating Broker-Dealer and/or its authorized designee’s compliance with the listed conditions, and/or the portion retained by the Dealer Manager will be made by the Dealer Manager in its sole discretion. The payment of the Servicing Fee is subject to terms and conditions set forth herein and the Private Placement Memorandum as may be amended or supplemented from time to time. Eligibility to receive the Servicing Fee with respect to the Class S shares and/or Class D shares, as applicable, is conditioned upon Participating Broker-Dealer acting as broker-dealer of record with respect to such Shares and complying, either directly or through an authorized designee, with the requirements set forth below, including providing stockholder and account maintenance services with respect to such Shares. For the avoidance of doubt, such services are non-distribution services.
Terms and Conditions of the Servicing Fees. The payment of the Servicing Fee to Dealer is subject to terms and conditions set forth herein and the Prospectus as may be amended or supplemented from time to time. If Dealer elects to sell Class T shares, Class S shares, Class D shares, Class F-T shares, Class F-S shares, and/or Class F-D shares, eligibility to receive the Servicing Fee with respect to the Class T shares, Class S shares, Class D shares, Class F-T shares, Class F-S shares, and/or Class F-D shares, as applicable, sold by the Dealer is conditioned upon the Dealer acting as broker-dealer of record with respect to such Shares and complying with the requirements set forth below, including providing stockholder and account maintenance services with respect to such Shares. For the avoidance of doubt, such services are non-distribution services, other than those primarily intended to result in the sale of Shares.
