Participating Broker- definition
Participating Broker-. Dealer: See Section 2(b) hereof. Person: An individual, trustee, corporation, partnership, limited liability company, joint stock company, trust, unincorporated association, union, business association, firm or other legal entity. Private Exchange: See Section 2(b) hereof.
Participating Broker-. Dealer: See Section 2(b) hereof.
Participating Broker- means broker-dealer who is a member of FINRA or who is exempt from broker-dealer registration, and who, in either case, has executed a participating broker or other agreement with the Managing Dealer to sell Equity Shares.
Examples of Participating Broker- in a sentence
The Managing Dealer may authorize certain Participating Brokers which are "$250,000 broker-dealers" to instruct their customers to make their checks for Shares subscribed for payable directly to the Participating Broker.
In no event will the total of all compensation payable to Participating Broker Dealers, including sales commissions, expense reimbursements, sales seminars and/or due diligence expenses exceed ten percent (10%) of the program proceeds received plus an additional (0.5%) for bona fide due diligence expenses as set forth in Rule 2810 of the NASD Conduct Rules.
This indemnity agreement will be in addition to any liability that such Participating Broker may otherwise have.
Each such Participating Broker will reimburse each Participating Broker Indemnified Person for any legal or other expenses reasonably incurred by them in connection with investigating or defending any such Loss, expense or action.
Notwithstanding the foregoing, no fee, compensation or expense reimbursement may be paid to the Managing Dealer or any Participating Broker following the termination of this Agreement in violation of FINRA Conduct Rule 5110(f)(2)(D).
More Definitions of Participating Broker-
Participating Broker-. Dealer will: (a) sell Primary Shares only to persons who meet the suitability standards set forth in the Prospectus or in any suitability letter or memorandum sent to the Dealer Manager by the Company; (b) make offers only to persons in the jurisdictions in which the Dealer Manager is advised in writing by the Company that Primary Shares are qualified for sale or that such qualification is not required; (c) only offer Primary Shares in a jurisdiction if both such Participating Broker-Dealer and its registered representative making the offer are duly licensed to transact securities business in such jurisdiction; (d) comply with the provisions of the FINRA Conduct Rules, as well as all other applicable rules and regulations relating to suitability of investors, including without limitation, the provisions of Section III.C. of the Statement of Policy Regarding Real Estate Investment Trusts of the North American Securities Administrators Association, Inc. (the “NASAA REIT Guidelines”); (e) sell Primary Shares only (i) to the extent approved by the Dealer Manager as set forth on Schedule 1 to this Agreement and (ii) to those persons that are eligible to purchase Primary Shares as described in the Prospectus; and (f) make every reasonable effort to determine the suitability and appropriateness of an investment in Primary Shares of each proposed investor solicited by a person associated with Participating Broker-Dealer by reviewing documents and records disclosing the basis upon which the determination as to suitability was reached as to each such proposed investor, whether such documents and records relate to accounts which have been closed, accounts which are currently maintained, or accounts hereafter established. Participating Broker-Dealer agrees to ensure that, in recommending the purchase, sale or exchange of Primary Shares to an investor, Participating Broker-Dealer, or a person associated with Participating Broker-Dealer, shall have reasonable grounds to believe, on the basis of information obtained from the investor (and thereafter maintained in the manner and for the period required by the Commission, any state securities commission, FINRA or the Company) concerning such investor’s age, investment objectives, other investments, financial situation and needs, and any other information known to Participating Broker-Dealer, or person associated with Participating Broker-Dealer, that (A) the investor is or will be in a financial position appropriate to ena...
Participating Broker- means a licensed real estate professional who has (i) registered with Auctioneer prior to the Auction, (ii) served as a buyer’s broker for the Winning Bidder at the Auction, and (iii) complied with all of Auctioneer’s requirements.
Participating Broker- means a Broker who participates in Licensor’s Internet Data program as described in the MLS Rules and Regulations.
Participating Broker-. DEALER MANAGER: Commonwealth Capital Securities Corp. -------------------------------- (Name of Participating Broker) By: By: ----------------------------- ---------------------------------- Print Name: Print Name: ------------------- ------------------------- Title: Title: ------------------------ -----------------------------
Participating Broker- means any person or entity that originates or underwrites mortgage loans or performs Prequalification Analyses for lenders using Licensee's Site; provided, however, that the term "Participating Broker" shall not include Licensee or any officer or employee of Licensee, as such.
Participating Broker- means any Person that is registered with the Commission as a broker under Section 15 of the Exchange Act that is selected by the Purchaser to participate in a sale of Common Stock by such Purchaser or the Purchasers that is approved by the Company, which approval shall not be unreasonably withheld or delayed by the Company.
Participating Broker-. DEALER MANAGER: COMMONWEALTH CAPITAL ______________________________ SECURITIES CORP. (Name of Participating Broker) By:___________________________ By:_________________________ Print Name:___________________ Print Name:_________________ Title:________________________ Title:______________________ Witness:______________________ Witness:____________________ EXHIBIT A TO PARTICIPATING BROKER AGREEMENT OF COMMONWEALTH INCOME & GROWTH FUND V This Exhibit A is attached to and made a part of that certain Participating Broker Agreement, dated as of the ______day of _______, 20 ______, by and between COMMONWEALTH CAPITAL SECURITIES CORP., as Dealer Manager, and ___________, as Participating Broker.