Common use of Submission of Orders; Right to Reject Orders Clause in Contracts

Submission of Orders; Right to Reject Orders. (a) Each person desiring to purchase Shares in the Primary Offering will be required to complete and execute a Subscription Agreement and to deliver to the Soliciting Dealer such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) in the amount of $10.00 per Share subscribed for, or such discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectus. There shall be a minimum initial purchase by any one purchaser in the Primary Offering of $2,000 of Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Shares in the Primary Offering shall be $1,000 per transaction. With respect to Soliciting Dealer’s participation in any resales or transfers of the Shares, Soliciting Dealer agrees to comply with any applicable requirements set forth in Section 2 and to fulfill the obligations pursuant to Rule 2810 of the FINRA Rules of Conduct.

Appears in 3 contracts

Samples: Soliciting Dealer Agreement, Soliciting Dealer Agreement (Independence Mortgage Trust, Inc.), Soliciting Dealer Agreement (Independence Mortgage Trust, Inc.)

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Submission of Orders; Right to Reject Orders. (a) Each person desiring to purchase Primary Shares in the Primary Offering will be required to complete and execute a Subscription Agreement and to deliver to the Soliciting Participating Dealer such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) in the amount of $10.00 per Share subscribed for, or such discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectus. There shall be a minimum initial purchase by any one purchaser in the Primary Offering of $2,000 of 2,500 in Primary Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Primary Shares in the Primary Offering shall be $1,000 500 per transaction. With respect to Soliciting Participating Dealer’s participation in any resales or transfers of the Shares, Soliciting Participating Dealer agrees to comply with any applicable requirements set forth in Section 2 and to fulfill the obligations pursuant to Rule 2810 of the FINRA Rules of Conduct.

Appears in 1 contract

Samples: Dealer Manager Agreement (Moody National REIT I, Inc.)

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Submission of Orders; Right to Reject Orders. (a) Each person desiring to purchase Primary Shares in the Primary Offering will be required to complete and execute a Subscription Agreement and to deliver to the Soliciting Participating Dealer such completed Subscription Agreement, together with a check, draft, wire or money order (hereinafter referred to as an “instrument of payment”) in the amount of $10.00 per Share subscribed for, or such discounted purchase price per Share that may apply based upon the available discounts specified in the Prospectus. There shall be a minimum initial purchase by any one purchaser in the Primary Offering of $2,000 of 2,500 in Primary Shares (except as otherwise indicated in the Prospectus, or in any letter or memorandum from the Company to the Dealer Manager). Minimum subsequent purchases of Primary Shares in the Primary Offering shall be $1,000 500 per transaction. With respect to Soliciting Participating Dealer’s participation in any resales or transfers of the Shares, Soliciting Participating Dealer agrees to comply with any applicable requirements set forth in Section 2 and to fulfill the obligations pursuant to Rule 2810 2310 of the FINRA Rules of Conduct.

Appears in 1 contract

Samples: Dealer Manager Agreement (Moody National REIT I, Inc.)

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