TERMINATION OF THE OFFERING. The Offering Period will terminate on a date on or before two years from the original effective date of the Prospectus (subject to requalification in certain states), subject in any event to the Company’s right to terminate the Offering at any time (the “Termination Date”); provided, that the Company may extend the Offering for a third year (subject to requalification in certain states); provided, further, that in the event that the Company extends the Offering for a third year and files another registration statement during that extension year in order to sell additional Shares, the Company may continue to sell Shares in the Offering until the earlier of 180 days after the third anniversary of commencing the Offering or the effective date of the subsequent registration statement.
Appears in 4 contracts
Samples: Dealer Manager Agreement (Inland Real Estate Income Trust, Inc.), Soliciting Dealer Agreement (Inland Monthly Income Trust, Inc.), Dealer Manager Agreement (Inland Core Assets Real Estate Trust, Inc.)
TERMINATION OF THE OFFERING. The Offering Period will terminate on a date on or before two years from the original effective date of the Prospectus (subject to requalification in certain states), subject in any event to the Company’s right to terminate the Offering at any time (the “Termination Date”); provided, that the Company may extend the Offering for a third year (subject to requalification in certain states); provided, further, that in the event that the Company extends the Offering for a third year and files another registration statement during that extension year in order to sell additional Shares, the Company may continue to sell Shares in the Offering until the earlier of 180 days after the third anniversary of commencing the Offering or the effective date of the subsequent registration statement. The proceeds will be applied as set forth in the Prospectus.
Appears in 1 contract
Samples: Dealer Management Agreement (Inland Diversified Real Estate Trust, Inc.)
