Common use of Limitations on Compensation Clause in Contracts

Limitations on Compensation. The parties hereby agree that the foregoing selling commissions and Dealer Manager Fees are not in excess of the usual and customary distributors’ or sellers’ commission received in the sale of securities similar to the Primary Shares, that Participating Dealer’s interest in the offering is limited to such selling commissions and Dealer Manager Fees from the Dealer Manager and Participating Dealer’s indemnity referred to in Section XII below, and that the Company is not liable or responsible for the direct payment of such selling commissions and Dealer Manager Fees to Participating Dealer.

Appears in 7 contracts

Samples: Dealer Manager Agreement (NorthStar Healthcare Income Trust, Inc.), Dealer Manager Agreement (NorthStar Healthcare Income, Inc.), Participating Dealer Agreement (NorthStar Healthcare Income, Inc.)

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Limitations on Compensation. The parties hereby agree that the foregoing selling commissions and commissions, Dealer Manager Fees and Distribution Fees are not in excess of the usual and customary distributors’ or sellers’ commission received in the sale of securities similar to the Primary Shares, that Participating Dealer’s interest in the offering Offering is limited to such selling commissions and commissions, Dealer Manager Fees and Distribution Fees from the Dealer Manager and Participating Dealer’s indemnity referred to in Section XII below, and that the Company is not liable or responsible for the direct payment of such selling commissions and commissions, Dealer Manager Fees and Distribution Fees to Participating Dealer.

Appears in 6 contracts

Samples: Dealer Manager Agreement (NorthStar Real Estate Income II, Inc.), Dealer Manager Agreement (NorthStar Real Estate Income II, Inc.), Dealer Manager Agreement (NorthStar/RXR New York Metro Real Estate, Inc.)

Limitations on Compensation. The parties hereby agree that the foregoing selling commissions and Dealer Manager Fees are not in excess of the usual and customary distributors’ or sellers’ commission received in the sale of securities similar to the Primary Shares, that Participating Dealer’s interest in the offering Offering is limited to such selling commissions and Dealer Manager Fees from the Dealer Manager and Participating Dealer’s indemnity referred to in Section XII below, and that the Company is not liable or responsible for the direct payment of such selling commissions and Dealer Manager Fees to Participating Dealer.

Appears in 5 contracts

Samples: Dealer Agreement (NorthStar Real Estate Income II, Inc.), Dealer Agreement (NorthStar Real Estate Income II, Inc.), Dealer Agreement (NorthStar Real Estate Income II, Inc.)

Limitations on Compensation. The parties hereby agree that the foregoing selling commissions and Dealer Manager Fees are not in excess of the usual and customary distributors’ or sellers’ commission received in the sale of securities similar to the Primary Shares, that Participating Dealer’s interest in the offering Offering is limited to such selling commissions and Dealer Manager Fees from the Dealer Manager and Participating Dealer’s indemnity referred to in Section XII below, and that the Company Trust is not liable or responsible for the direct payment of such selling commissions and Dealer Manager Fees to Participating Dealer.

Appears in 2 contracts

Samples: Participating Dealer Agreement (NorthStar Real Estate Capital Income Fund), Participating Dealer Agreement (NorthStar Real Estate Capital Income Fund-T)

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Limitations on Compensation. The parties hereby agree that the foregoing selling commissions and commissions, Dealer Manager Fees and distribution and shareholder servicing fees are not in excess of the usual and customary distributors’ or sellers’ commission received in the sale of securities similar to the Primary Shares, that Participating Dealer’s interest in the offering Offering is limited to such selling commissions and commissions, Dealer Manager Fees and distribution and shareholder servicing fees from the Dealer Manager and Participating Dealer’s indemnity referred to in Section XII below, and that the Company is not liable or responsible for the direct payment of such selling commissions and commissions, Dealer Manager Fees and distribution and shareholder servicing fees to Participating Dealer.

Appears in 1 contract

Samples: Dealer Manager Agreement (NorthStar/RXR New York Metro Income, Inc.)

Limitations on Compensation. The parties hereby agree that the foregoing selling commissions and Dealer Manager Fees are not in excess of the usual and customary distributors’ or sellers’ commission received in the sale of securities similar to the Primary Shares, that Participating Dealer’s interest in the offering Offering is limited to such selling commissions and Dealer Manager Fees from the Dealer Manager and Participating Dealer’s indemnity referred to in Section XII below, and that the Company Fund is not liable or responsible for the direct payment of such selling commissions and Dealer Manager Fees to Participating Dealer.

Appears in 1 contract

Samples: Participating Dealer Agreement (NorthStar Corporate Income Fund-T)

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