Selling Commissions definition
Examples of Selling Commissions in a sentence
No Selling Commissions will paid to or through the Dealer Manager.
The parties hereby agree that the foregoing Selling Commissions and Investor Servicing Fees are not in excess of the usual and customary brokers’ commission received in the sale of securities similar to the Interests, that the Dealer’s interest in the Offering is limited to (i) such Selling Commissions from its Customers and (ii) Investor Servicing Fee from the Dealer Manager or its affiliate.
In no event shall the aggregate Selling Commissions and Investor Servicing Fees exceed the percentage limitation, if any, of the aggregate cash price paid by the investor for its Type T, Type S and/or Type D Interests as set forth in this Agreement (the “Fee Limit”).
Any Selling Commissions charged by Dealer in connection with its sale of Interests will be charged in a manner consistent with the Offering Documents, applicable Pricing Supplements and applicable law and FINRA rules.
The Dealer affirms that neither the Trusts, the Company nor the Dealer Manager have any obligation to the Dealer with respect to any Selling Commissions the Dealer may charge to a Customer.