Class D Shares. Subject to the terms of the Agreement, including without limitation Sections IV, V and VI of the Agreement, the Dealer Manager shall reallow to the Dealer 100% of the distribution and stockholder servicing fees received by the Dealer Manager with respect to Class D Shares sold by the Dealer until such time as the Dealer has received aggregate distribution and stockholder servicing fees with respect to such Class D Shares equal to [•]% of the gross proceeds from the sale of such Class D Shares. The Dealer Manager shall pay the distribution and stockholder servicing fee to the Dealer monthly in arrears. Notwithstanding anything to the contrary contained in this Schedule, the Dealer affirms that the Dealer Manager’s liability for payment of the distribution and stockholder servicing fees to the Dealer is limited solely to the distribution and stockholder servicing fees received by the Dealer Manager from the Company associated with the Dealer’s sale of Class D Shares.
Appears in 3 contracts
Sources: Selected Dealer Agreement (Hines Global Income Trust, Inc.), Selected Dealer Agreement (Hines Global Income Trust, Inc.), Selected Dealer Agreement (Hines Global Income Trust, Inc.)