Managing Dealer Clause Samples
The Managing Dealer clause designates a specific party, typically a financial institution or broker, to oversee and coordinate the distribution and sale of securities or financial products in a transaction. This clause outlines the responsibilities of the Managing Dealer, such as organizing the syndicate of dealers, managing communications, and ensuring compliance with regulatory requirements. By clearly assigning these duties, the clause ensures efficient management of the offering process and helps prevent confusion or disputes among participating dealers.
Managing Dealer. The Managing Dealer shall pay all costs and expenses incident to the performance of its obligations under this Agreement which are not expressly assumed by the Company under Paragraph 8.2 below.
Managing Dealer. The Managing Dealer shall pay all of its own costs and expenses, including the fees and expenses of counsel, incident to the performance of its obligations under this Agreement which are not expressly assumed by the Company in Section 4.3, the indemnification provisions of Article 9 and hereunder in Section 8.2.
Managing Dealer. CNL Securities Corp., an Affiliate of the Advisor, or such other Person or entity selected by the Board of Directors to act as the managing dealer for an Offering. CNL Securities Corp. is a member of FINRA.
Managing Dealer. CNL Securities Corp., an Affiliate of the Advisor, or such entity selected by the Board of Directors to act as the managing dealer for the Offering. CNL Securities Corp. is a member of the National Association of Securities Dealers, Inc. Mortgage Loans. In connection with mortgage financing provided by the Company, the notes or other evidence of indebtedness or obligations which are secured or collateralized by real estate owned by the borrower. Net Income. For any period, the total revenues applicable to such period, less the total expenses applicable to such period excluding additions to reserves for depreciation, bad debts or other similar non-cash reserves; provided, however, Net Income for purposes of calculating total allowable Operating Expenses (as defined herein) shall exclude the gain from the sale of the Company's assets.
Managing Dealer. ▇▇▇▇▇ Investment Securities, Inc., an Affiliate of the Advisor, or such entity selected by the Board of Directors to act as the managing dealer for an Offering. ▇▇▇▇▇ Investment Securities, Inc. is a member of the National Association of Securities Dealers, Inc. Net Income. For any period, the total revenues applicable to such period, less the total expenses applicable to such period excluding additions to reserves for depreciation, bad debts or other similar non-cash reserves; provided, however, Net Income for purposes of calculating total allowable Operating Expenses (as defined herein) shall exclude the gain from the sale of the Company's assets.
Managing Dealer. CNL Securities Corp., an Affiliate of the Advisor. CNL Securities Corp. is a member of the National Association of Securities Dealers, Inc.
Managing Dealer. ▇▇▇▇▇ Investment Securities, Inc., an Affiliate of the Advisor, or such entity selected by the Board of Directors to act as the managing dealer for an Offering. ▇▇▇▇▇ Investment Securities, Inc. is a member of NASD, Inc. Net Income. For any period, the total revenues applicable to such period, less the total expenses applicable to such period excluding additions to reserves for depreciation, bad debts or other similar non-cash reserves; provided, however, Net Income for purposes of calculating total allowable Operating Expenses (as defined herein) shall exclude the gain from the sale of the Company’s assets.
Managing Dealer. CNL SECURITIES CORP. (Name of Broker) By: By: -------------------------------------- ----------------------------- Print Name: Print Name: ------------------------- ----------------------------- Title: Title: ------------------------------ ------------------------------ Witness: Witness: --------------------------- ----------------------------- EXHIBIT A TO PARTICIPATING BROKER AGREEMENT OF CNL AMERICAN REALTY FUND, INC. This Exhibit A is attached to and made a part of that certain Participating Broker Agreement, dated as of the ___ day of ___________________, 19__, by and between CNL SECURITIES CORP., as Managing Dealer, and , as Broker.
Managing Dealer. The Company pays CNL Securities Corp. (the “Managing Dealer”), an affiliate of the Manager, a selling commission up to 6.00% of the sale price for each Class A share and 3.00% of the sale price for each Class T share sold in the Follow-On Public Offering (excluding sales pursuant to the Company’s distribution reinvestment plan). The Managing Dealer may reallow all or a portion of the selling commissions to participating broker-dealers.
Managing Dealer. CNL Securities Corp., an Affiliate of the Advisor, or such other Person or entity selected by the Board of Directors to act as the managing dealer for the Offering. CNL Securities Corp. is a member of the National Association of Securities Dealers, Inc. Mortgage Loans. Mortgage loans and other types of debt financing provided by the Company. Net Income. For any period, the total revenues applicable to such period, less the total expenses applicable to such period excluding additions to reserves for depreciation, bad debts or other similar non-cash reserves; provided, however, Net Income for purposes of calculating total allowable Operating Expenses (as defined herein) shall exclude the gain from the sale of the Company’s assets.