Examples of Distribution Participant in a sentence
Each Person that acquires a Warrant, and each fiduciary who causes a person to acquire a Warrant, in its individual as well as its fiduciary capacity, agrees to indemnify and hold harmless the Depositor, the Trustee, the Warrant Agent, MS&Co., each Distribution Participant and their respective affiliates from any cost, damages, loss or expense, incurred by them as a result of the representations contained in this Section 3.2(a)(2) not being true.
Each Person that acquires a Unit, and each fiduciary who causes a Person to acquire a Unit, in its individual as well as its fiduciary capacity, agrees to indemnify and hold harmless the Depositor, the Trustee, MS&Co., each Distribution Participant and their respective affiliates from any cost, damages, loss or expense, incurred by them as a result of the representations made by such Person or fiduciary not being true.
The Managing Dealer agrees that it shall not, and by virtue of entering into a Distribution Agreement, each Distribution Participant shall agree not to, use or authorize the use of any solicitation material other than the Prospectus and Approved Sales Literature, which, in all cases, shall be accompanied or preceded by delivery of the Prospectus.
The Company may authorize the Transfer Agent to provide information to a Distribution Participant regarding record holder information about the clients of such Distribution Participant who have invested with the Company on an on-going basis for so long as such Distribution Participant has a relationship with such client.
The Managing Dealer shall require that Distribution Participants not disclose any password for a restricted website or portion of website provided to such Distribution Participant in connection with the Offering and not disclose to any person, other than an officer, director, employee or agent of such Distribution Participants with a need to know, any material downloaded from such a restricted website or portion of a restricted website.
The Managing Dealer is authorized to reallow so much of the commissions, dealer manager fees and distribution and shareholder servicing fees which it receives pursuant to Article 3 herein to Distribution Participants as the Managing Dealer deems appropriate; provided, however, that the Managing Dealer shall not reallow any such commissions, dealer manager fees or distribution and shareholder servicing fees to a Distribution Participant to the extent prohibited by applicable law.
The Managing Dealer shall, and shall cause each Distribution Participant to, instruct subscribers to make checks for subscriptions payable to the order of “UMB Bank, N.A., as EA for CNL Strategic Capital, LLC” and shall promptly return any check made payable to another party to the Distribution Participants or subscriber who submitted such check no later than the end of the next business day following its receipt.
The Managing Dealer may reallow all or a portion of the distribution and shareholder servicing fee to one or more Distribution Participants or broker-dealers providing services with respect to the Class T Shares or Class D Shares, in its sole discretion, to the extent a Distribution Agreement or other Servicing Agreement with such Distribution Participant or servicing broker-dealer provides for such a reallowance.
The Managing Dealer will rely upon each Distribution Participant to gather such information and make such suitability determinations with respect to investors solicited by such Distribution Participant.
Each Person that acquires a Unit, and each fiduciary who causes a person to acquire a Unit, in its individual as well as its fiduciary capacity, agrees to indemnify and hold harmless the Depositor, the Trustee, MS&Co., each Distribution Participant and their respective affiliates from any cost, damages, loss or expense, incurred by them as a result of the representations made by such Person or fiduciary not being true.