Examples of OP Units in a sentence
Should Participating Dealer wish to include a total cap for aggregate Selling Commissions, Dealer Manager Fees and Investor Servicing Fees paid with respect to the DST Interests and Class S-1 OP Units held in any account, it should instead complete and initial the relevant row below.
The class of OP Units received by an Investor in exchange for DST Interests in connection with the exercise of the FMV Option shall be as provided in the applicable Subscription Agreement.
By initialing here, Participating Dealer hereby agrees to the terms of the Agreement and this Schedule I with respect to the DST Interests and Class D-1 OP Units.
On the date on which the Dealer Manager, in conjunction with SREIT’s transfer agent, determines that the Fee Limit, if any, has been reached with respect to the OP Units of a particular class held by an Investor, all OP Units of such class held by such Investor automatically shall convert into Class I OP Units, and no further OP Unit Investor Servicing Fee shall be payable with respect to such OP Units.
Insert OP Unit Investor Servicing Fee reallowed: ___% (not to exceed 0.85%) CLASS D-1 OP UNITS ___________ (Initials) No Fee Limit with respect to aggregate Selling Commissions, Dealer Manager Fees and Investor Servicing Fees in connection with Class D-1 OP Units.