Limitation of Offer; Investor Suitability. (a) Soliciting Dealer will offer Shares only (i) to persons that meet the financial qualifications set forth in the Prospectus or in any suitability letter or memorandum sent to it by the Company or the Dealer Manager, and (ii) in accordance with Section 8, to persons in the jurisdictions in which it is advised in writing by the Company or the Dealer Manager that the Shares are qualified for sale or that qualification is not required (the “Blue Sky Survey”). Notwithstanding the qualification of Shares for sale in any respective jurisdiction (or exemption therefrom), Soliciting Dealer will not offer Shares and will not permit any of its registered representatives to offer Shares in any jurisdiction unless both Soliciting Dealer and such registered representative are duly licensed to transact business in securities in such jurisdiction. In offering Shares, Soliciting Dealer shall comply with the provisions of the Rules of Fair Practice set forth in the FINRA Manual, as well as other applicable rules and regulations relating to suitability of investors, including, but not limited to, the provisions of Section III.C. of the NASAA Guidelines. In offering for sale the Shares to any person, Soliciting Dealer will have reasonable grounds to believe (based on such information obtained from the prospective investor concerning the prospective investor’s age, investment objectives, other investments, financial situation, needs or any other information known by Soliciting Dealer after due inquiry) that: (i) such prospective investor is in a financial position appropriate to enable such prospective investor to realize to a significant extent the benefits described in the Prospectus, including the tax benefits where they are a significant aspect of the investment; (ii) the prospective investor has a fair market net worth sufficient to sustain the risks inherent in the investment, including loss of investment and lack of liquidity; (iii) the purchase of the Shares is otherwise suitable for such prospective investor; and (iv) such prospective investor (A) has either: (1) a minimum annual gross income of $70,000 and a minimum net worth (exclusive of such prospective investor’s home, home furnishings and automobiles) of $70,000; or (2) a minimum net worth (exclusive of such prospective investor’s home, home furnishings and automobiles) of $250,000 or (B) meets the higher suitability standards, if applicable, imposed by the state in which the investment by such prospective in...
Limitation of Offer; Investor Suitability. (a) Investor Suitability. Selected Broker-Dealer will offer Shares only:
Limitation of Offer; Investor Suitability. (a) Soliciting Dealer will not offer Units and will not permit any of its registered representatives to offer Units in any jurisdiction unless both Soliciting Dealer and such registered representative are duly licensed to transact securities business in such jurisdiction. In offering Units, Soliciting Dealer shall comply with the provisions of the FINRA Rules.
Limitation of Offer; Investor Suitability. (a) Financial Intermediary will not offer Preferred Stock and will not permit any of its registered representatives to offer Preferred Stock in any jurisdiction unless both Financial Intermediary and such registered representative are duly licensed to transact securities business in such jurisdiction. In offering Preferred Stock, Financial Intermediary shall comply with the provisions of the FINRA Rules to the extent applicable.
Limitation of Offer; Investor Suitability. (a) Soliciting Dealer will not offer mShares and will not permit any of its registered representatives to offer mShares in any jurisdiction unless both Soliciting Dealer and such registered representative are duly licensed to transact securities business in such jurisdiction. In offering mShares, Soliciting Dealer shall comply with the provisions of the FINRA Rules.
Limitation of Offer; Investor Suitability. (a) Soliciting Dealer will not offer Preferred Stock and will not permit any of its registered representatives to offer Preferred Stock in any jurisdiction unless both Soliciting Dealer and such Preferred Capital Securities, LLC Soliciting Dealer Agreement 2 registered representative are duly licensed to transact securities business in such jurisdiction. In offering Preferred Stock, Soliciting Dealer shall comply with the provisions of the FINRA Rules.
Limitation of Offer; Investor Suitability. (a) Investor Suitability. Selected Dealer will offer Shares only: Carey Fixxxxxal, LLC Selected Dealer Agreement 2
Limitation of Offer; Investor Suitability. (a) Soliciting Dealer will offer Units only:
Limitation of Offer; Investor Suitability. (a) Soliciting Dealer will offer Shares only (i) to persons that satisfy the investor suitability standards and minimum investment requirements set forth set forth in the Prospectus or in any suitability letter or memorandum provided by the Company or the Dealer Manager, and (ii) in accordance with Section 8, to persons in the jurisdictions in which it is advised in writing by the Company or the Dealer Manager that the Shares are registered or qualified for sale or that such qualification or registration is not required due to an exemption from the applicable state securities and other applicable laws (the “Blue Sky Survey”). Notwithstanding the qualification of Shares for sale in any respective jurisdiction (or exemption therefrom), Soliciting Dealer will not offer Shares and will not permit any of its registered representatives to offer Shares in any jurisdiction unless both Soliciting Dealer and such registered representative are duly licensed to transact securities business in such jurisdiction. In offering Shares, Soliciting Dealer shall comply with the provisions of all applicable rules and regulations relating to the suitability of investors, including, without limitation, FINRA Conduct Rules and the provisions of Section III.C. of the NASAA REIT Guidelines. In recommending the purchase of Shares in the Primary Offering to any person, Soliciting Dealer will have reasonable grounds to believe (based on such information obtained from the investor concerning the investor’s
Limitation of Offer; Investor Suitability
