Shareholder Servicing Fee definition

Shareholder Servicing Fee means the shareholder servicing fee payable to the Dealer Manager and reallowable to soliciting dealers with respect to Shares, as applicable and as described in the PPM.

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Shareholder Servicing Fee means a per annum shareholder servicing fee paid to the Dealer Manager by the General Partner with respect to any REIT Shares, as set forth in the applicable Memorandum.

Shareholder Servicing Fee means the shareholder servicing fee payable to the Dealer Manager and reallowable to soliciting dealers with respect to Class D Common Shares, Class S Common Shares, Class T Common Shares, Class F-D Common Shares, Class F-S Common Shares and Class F-T Common Shares, in each case, as described in the PPM.

Examples of Shareholder Servicing Fee in a sentence

The Broker affirms that the Dealer Manager’s liability for the Shareholder Servicing Fees is limited solely to the proceeds of the Shareholder Servicing Fees receivable from the Trust and Broker hereby waives any and all rights to receive any reallowance of the Shareholder Servicing Fee due until such time as the Dealer Manager is in receipt of the Shareholder Servicing Fee from the Trust.
Shareholder Servicing Fee due to the Broker pursuant to this Agreement will be paid to the Broker within 30 days after receipt by the Dealer Manager.
Except as otherwise described under “Brokerage Transaction Fee” above, the Broker waives any and all rights to receive compensation, including the Shareholder Servicing Fee, until it is paid to and received by the Dealer Manager.
Broker shall furnish Dealer Manager and the Trust with such information as shall reasonably be requested by the Trust with respect to the fees paid to Broker pursuant to this Schedule A, and Broker shall notify Dealer Manager if Broker is not eligible to receive transaction or other fees, including upfront placement fees or brokerage commissions, Shareholder Servicing Fee at the time of purchase.
In addition, the Dealer Manager will cease receiving the Shareholder Servicing Fee on Distribution Shares upon the earlier of: (i) a listing of Class I shares on a national securities exchange or (ii) the merger or consolidation of the Trust with or into another entity, or the sale or other disposition of all or substantially all of the Trust’s assets, other than in connection with a Conversion Event (as defined in the Declaration of Trust).
The Dealer Manager may reallow all or a portion of the Shareholder Servicing Fee to any Brokers who sold Distribution Shares to the extent the Selected Intermediary Agreement with such Broker provides for such a reallowance and such Broker is in compliance with the terms of such Selected Intermediary Agreement related to such reallowance.
The Trust will accrue the Shareholder Servicing Fee monthly, as adjusted for any issuances or repurchases during the applicable month that do not occur on the first calendar day of a month, and will pay the Shareholder Servicing Fee monthly in arrears (each a “Payment Period”) in accordance with the Offering Memorandum.
The terms of any reallowance of the Shareholder Servicing Fee shall be set forth in the Selected Intermediary Agreement or Servicing Agreement entered into with the Brokers or Servicing Brokers, as applicable.
The Dealer Manager may also reallow some or all of the Shareholder Servicing Fee to other intermediaries who provide services with respect to the Shares (who shall be considered additional Servicing Brokers) pursuant to a Servicing Agreement with the Dealer Manager to the extent such Servicing Agreement provides for such reallowance and such additional Servicing Broker is in compliance with the terms of such agreement related to such reallowance, in accordance with the terms of such Servicing Agreement.
The payment of the Shareholder Servicing Fee to Broker is subject to terms and conditions set forth herein and the Offering Memorandum.

More Definitions of Shareholder Servicing Fee

Shareholder Servicing Fee means the fees payable by a Fund (or if such Fund constitutes a Portfolio, by the related Company in respect of such Fund) with respect to the Shares of a Fund pursuant to the Principal Shareholder Servicer's Agreement in consideration of services to holders of Shares of such Fund.

Shareholder Servicing Fee means the fees payable by a Fund or by a Company with respect to the Shares of a Fund pursuant to the Distributor's Contract in 132 consideration of account maintenance and personal services to holders of Shares of such Fund.

Shareholder Servicing Fee means the ongoing servicing fee as described in the PPM.

Shareholder Servicing Fee means the fee payable to the Investment Manager under the Shareholder Services Agreement.

Shareholder Servicing Fee means the fees payable by a Fund or by a ------------------------- Company with respect to the Shares of a Fund pursuant to the Principal Shareholder Servicer's Agreement in consideration of services to holders of Shares of such Fund.