Common use of Terms of the Offering Clause in Contracts

Terms of the Offering. (i) Certain terms of the Offering are as follows: (1) Qualification of the Trust Indenture with respect to the Certificates under the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act”), will be required in connection with the offer, issuance, sale, or delivery of the Certificates; (2) There are minimum investment requirements for Certificates as offered by the Prospectus that must be satisfied before the Company may close the sale of a Certificate in the Offering; (3) Investors may purchase Certificates through a licensed participating broker-dealer; (4) The Company may elect to hold more than one closing for the sale of Certificates; (5) The Offering will terminate at the earlier of (A) the sale of all of the Certificates being offered in the Offering, or (B) December 31, 2026, the expiration date of the Offering; and (6) The Company may, in its sole discretion, at any time, or from time to time, suspend the sale of one or more Categories or Category Series of a Certificate or Certificates, or terminate the Offering. (ii) The final terms of the Certificates to be issued by the Company and of the Offering will be determined by the Company as set forth in a Registration Statement and Prospectus, which the Company will prepare for distribution to prospective purchasers of Certificates in the Offering.

Appears in 2 contracts

Samples: Managing Broker Agreement (Ministry Partners Investment Company, LLC), Managing Broker Agreement (Ministry Partners Investment Company, LLC)

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Terms of the Offering. (i) Certain terms of the Offering are as follows: (1) Qualification of the Trust Indenture with respect to the Certificates Notes under the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act”), will be required in connection with the offer, issuance, sale, or delivery of the CertificatesNotes; (2) There are minimum investment requirements for Certificates Notes as offered by the Prospectus that must be satisfied before the Company may close the sale of a Certificate Note in the Offering; (3) Investors may purchase Certificates Notes through a licensed participating broker-dealer; (4) The Company may elect to hold more than one closing for the sale of CertificatesNotes; (5) The Offering will terminate at the earlier of (A) the sale of all of the Certificates Notes being offered in the Offering, or (B) December 31, 20262020, the expiration date of the Offering; and (6) The Company may, in its sole discretion, at any time, or from time to time, suspend the sale of one or more Categories or Category Series of a Certificate Note or CertificatesNotes, or terminate the Offering. (ii) The final terms of the Certificates Notes to be issued by the Company and of the Offering will be determined by the Company as set forth in a Registration Statement and Prospectus, which the Company will prepare for distribution to prospective purchasers of Certificates Notes in the Offering.

Appears in 2 contracts

Samples: Managing Broker Agreement (Ministry Partners Investment Company, LLC), Managing Broker Agreement (Ministry Partners Investment Company, LLC)

Terms of the Offering. (i) Certain terms of the Offering are as follows: (1) Qualification of the Trust Indenture with respect to the Certificates Notes under the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act”), will be required in connection with the offer, issuance, sale, or delivery of the CertificatesNotes; (2) There are minimum investment requirements for Certificates Notes as offered by the Prospectus that must be satisfied before the Company may close the sale of a Certificate Note in the Offering; (3) Investors may purchase Certificates Notes through a licensed participating broker-dealer; (4) The Company may elect to hold more than one closing for the sale of CertificatesNotes; (5) The Offering will terminate at the earlier of (A) the sale of all of the Certificates Notes being offered in the Offering, or (B) December 31, 20262017, the expiration date of the Offering; and (6) The Company may, in its sole discretion, at any time, or from time to time, without prior notice to the Selling Group, suspend the sale of one or more Categories or Category Series of a Certificate Note or CertificatesNotes, or terminate the Offering. (ii) The final terms of the Certificates Notes to be issued by the Company and of the Offering will be determined by the Company as set forth in a Registration Statement and Prospectus, which the Company will prepare for distribution to prospective purchasers of Certificates Notes in the Offering.

Appears in 1 contract

Samples: Managing Participating Broker Agreement (Ministry Partners Investment Company, LLC)

Terms of the Offering. (i) Certain terms of the Offering are as follows: (1) Qualification of the Trust Indenture with respect to the Certificates Notes under the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act”), will be required in connection with the offer, issuance, sale, or delivery of the CertificatesNotes; (2) There are minimum investment requirements for Certificates Notes as offered by the Prospectus that must be satisfied before the Company may close the sale of a Certificate Note in the Offering; (3) Investors may purchase Certificates Notes through a licensed participating broker-dealer; (4) The Company may elect to hold more than one closing for the sale of CertificatesNotes; (5) The Offering will terminate at the earlier of (A) the sale of all of the Certificates Notes being offered in the Offering, or (B) December 31, 20262023, the expiration date of the Offering; and (6) The Company may, in its sole discretion, at any time, or from time to time, suspend the sale of one or more Categories or Category Series of a Certificate Note or CertificatesNotes, or terminate the Offering. (ii) The final terms of the Certificates Notes to be issued by the Company and of the Offering will be determined by the Company as set forth in a Registration Statement and Prospectus, which the Company will prepare for distribution to prospective purchasers of Certificates Notes in the Offering.

Appears in 1 contract

Samples: Managing Broker Agreement (Ministry Partners Investment Company, LLC)

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Terms of the Offering. (i) Certain terms of the Offering are as follows: (1) Qualification of the Trust Indenture with respect to the Certificates Notes under the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act”), will be required in connection with the offer, issuance, sale, or delivery of the CertificatesNotes; (2) There are minimum investment requirements for Certificates Notes as offered by the Prospectus that must be satisfied before the Company may close the sale of a Certificate Note in the Offering; (3) Investors may purchase Certificates Notes through a licensed participating broker-dealer; (4) The Company may elect to hold more than one closing for the sale of CertificatesNotes; (5) The Offering will terminate at the earlier of (A) the sale of all of the Certificates Notes being offered in the Offering, or (B) December 31, 20262017, the expiration date of the Offering; and (6) The Company may, in its sole discretion, at any time, or from time to time, suspend the sale of one or more Categories or Category Series of a Certificate Note or CertificatesNotes, or terminate the Offering. (ii) The final terms of the Certificates Notes to be issued by the Company and of the Offering will be determined by the Company as set forth in a Registration Statement and Prospectus, which the Company will prepare for distribution to prospective purchasers of Certificates Notes in the Offering.

Appears in 1 contract

Samples: Managing Broker Agreement (Ministry Partners Investment Company, LLC)

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