Volume and Other Discounts. Notwithstanding the foregoing, Class I Shares may be sold to (i) officers, including executive officers and directors of the Company and their immediate family members, (ii) officers and employees of the Sponsor, the Company’s advisor or other affiliates and their immediate family members, and (iii) investors identified by the Company as described in the Prospectus, including investors who have a prior business relationship with the Sponsor, such as real estate brokers, joint venture partners and their employees, company executives, surveyors, attorneys and similar individuals, and others to the extent consistent with applicable laws and regulations, at the then current offering price per Class I Share net of dealer manager fees, as provided in the “Plan of Distribution” section of the Prospectus. In addition, as provided in the “Plan of Distribution” section of the Prospectus, Dealers, including their retirement plans, their representatives and their immediate family members, IRAs and qualified plans of their representatives, may purchase Class I Shares at a price net of the selling commissions otherwise payable with respect to such Shares. In addition, volume discounts will be available to investors who purchase in a single transaction more than (i) $500,000 of Class A Shares, or (ii) $1,000,000 of Class T Shares, in the primary offering, which will reduce the selling commission and purchase price per Share, pursuant to the volume discount table and related terms set forth in the “Plan of Distribution” section of the Prospectus.
Volume and Other Discounts. Notwithstanding the foregoing, Class A Shares may be sold to (i) officers, including executive officers and directors of the Company and their immediate family members, (ii) officers and employees of the Advisor or other affiliates and their immediate family members, and (iii) if approved by the Board of Directors of the Company, joint venture partners, consultants and other service providers, at a discount which, as provided in the “Plan of Distribution” section of the Prospectus, reflects a reduction in (a) the Dealer Manager Fees and/or (b) the sales commissions otherwise payable with respect to such Shares. In addition, as provided in the “Plan of Distribution” section of the Prospectus, Dealers, including their registered representatives and their immediate family members, may purchase Class A Shares at a price net of the sales commissions otherwise payable with respect to such Shares; provided, that, no such purchases shall be permitted during the initial 90 days following the date that the Offering is declared effective by the SEC. Also as provided in the “Plan of Distribution” section of the Prospectus, (x) any Dealer may reduce the amount of its sales commission on sales of $500,001 or more of Class A Shares, as applicable, to certain purchasers in order to provide a reduction to the total purchase price for such Class A Shares, and (y) the Dealer Manager, in its sole discretion, may reduce the amount of the Dealer Manager Fee and/or its sales commission, respectively, on sales in excess of $3,000,000 of Class A Shares to certain purchasers in order to provide a reduction to the total purchase price for such Shares.
Volume and Other Discounts. Notwithstanding the foregoing, Shares may be sold to (x) executive officers and directors of the Company and their immediate family members, (y) officers and employees of the Advisor or other affiliates and their immediate family members, and (z) if approved by the Board of Directors of the Company, joint venture partners, consultants and other service providers, at a discount which, as provided in the “Plan of Distribution” section of the Prospectus, reflects a reduction in (i) the dealer manager fee and/or (ii) the sales commissions otherwise payable with respect to such Shares. Also as provided in the “Plan of Distribution” section of the Prospectus, (i) any Dealer may reduce the amount of its sales commission on sales of $500,000 or more of Shares to certain purchasers in order to provide a reduction to the total purchase price for such Shares and (ii) the Dealer Manager and any Dealer may reduce the amount of its dealer manager fee and its sales commission, respectively, on sales in excess of $3,000,000 of Shares to certain purchasers in order to provide a reduction to the total purchase price for such Shares.
Volume and Other Discounts. Notwithstanding the foregoing, Class A Shares may be sold to (i) executive officers and directors of the Company and their immediate family members, (ii) officers and employees of the Advisor or other affiliates and their immediate family members, and (iii) if approved by the Board of Directors of the Company, joint venture partners, consultants and other service providers, at a discount which, as provided in the “Plan of Distribution” section of the Prospectus, reflects a reduction in (a) the Class A Dealer Manager Fee and/or (b) the sales commissions otherwise payable with respect to such Class A Shares. Also as provided in the “Plan of Distribution” section of the Prospectus, (x) any Dealer may reduce the amount of its sales commission on sales of $500,001 or more of Class A Shares or Class T Shares, as applicable, to certain purchasers in order to provide a reduction to the total purchase price for such Class A Shares or such Class T Shares, and (y) the Dealer Manager, in its sole discretion, may reduce the amount of the Class A Dealer Manager Fee and its sales commission, respectively, on sales in excess of $3,000,000 of Class A Shares to certain purchasers in order to provide a reduction to the total purchase price for such Shares.
Volume and Other Discounts. Units are available at a volume discount from the Public Offering Price based upon the number of Units purchased. This volume discount will result in the following reduction of the sales charge applicable to such purchases: Approximate Reduced Number of Units Sales Charge --------------- ------------ 25,000 but less than 50,000................. 3.345% 50,000 but less than 100,000................ 3.095% 100,000 or more............................. 2.845% For transactions of at least 100,000 Units or more, the Sponsors may negotiate the applicable sales charge and such charge will be disclosed to any such purchaser. These discounts will apply to all purchases of Units by the same purchaser. Units purchased by the same purchasers in separate transactions will be aggregated for purposes of determining if such purchaser is entitled to a discount. Such purchaser must own at least the required number of Units at the time such determination is made. Units held in the name of the spouse of the purchaser or in the name of a child of the purchaser under 21 years of age are deemed for the purposes hereof to be registered in the name of the purchaser. The discount is also applicable to a trustee or other fiduciary purchasing securities for a single trust estate or single fiduciary account. Unitholders of prior series of The Pinnacle Family of Trusts (formerly known as MxXxxxxxxx, Piven, Vxxxx Family of Trusts) (the "Prior Series") may "rollover" into the Trust by exchanging units of the Prior Series for Units of the Trust at their relative net asset values plus the applicable sales charge. Unitholders maintaining an account at MxXxxxxxxx, Piven, Vxxxx Securities, Inc. exercising this option, may purchase such Units subject to a reduced sales charge of 3.195% for the Large Cap Trust. An exchange of units of a Prior Series for Units of the Trust will generally be a taxable event. The rollover option described herein will also be available to investors in the Prior Series who elect to purchase additional Units of the Trust (see "Administration of the Trust--Trust Termination"). Unitholders with a brokerage account at MxXxxxxxxx, Piven, Vxxxx Securities, Inc. will qualify to receive one trade to buy equity securities any time following the first Settlement Date of the Trust and only be charged a $19.50 processing fee. 900479.6 During the initial offering period, Unitholders who have redeemed units of the Trust, may purchase Units of this Trust in an amount up to the amount...
