Common use of Principal Distributor Clause in Contracts

Principal Distributor. Based on the representations and warranties contained in this Agreement, and subject to the terms and conditions set forth in this Agreement, the Company hereby appoints the Dealer Manager as its agent and principal distributor during the Offering Period (as defined in Section 3(b)) to solicit, on a “best efforts” basis, purchasers for the Shares for cash through the distribution channels contemplated herein and in the Prospectus, including the sale of Shares for cash directly to clients and customers identified by the Company on the terms and conditions stated herein and in the Prospectus.

Principal Distributor. Based on the representations and warranties contained in this Agreement, and subject to the terms and conditions set forth in this Agreement, the Company hereby appoints the Dealer Manager as its agent and principal distributor during the Offering Period (as defined in Section 3(b4(b)) to solicit, on a “best efforts” basis, purchasers for the Shares for cash through the distribution channels contemplated herein and in the Prospectus, including the sale of Shares for cash directly to clients and customers identified by the Company on the terms and conditions stated herein and in the Prospectus.