Common use of Selling Commissions Clause in Contracts

Selling Commissions. Subject to volume discounts and other special circumstances described in or otherwise provided in the “Plan of Distribution” section of the Prospectus or this Section 5.2, the Fund will pay to the Dealer Manager selling commissions in the amount of 6.0% of the gross proceeds of the Class A Shares sold in the offering and 3.0% of the gross proceeds of the Class T Shares sold in this offering, which commissions will be reallowed to the Participating Dealer who sold the Offered Shares giving rise to such commissions, as described more fully in the Participating Dealer Agreement entered into with such Participating Dealer; provided, however, that no commissions described in this clause (a) shall be payable in respect of the purchase of Offered Shares sold: (i) through an investment advisory representative affiliated with a Participating Dealer who is paid on a fee-for-service basis by the investor related to the investment in the Fund; (ii) by a Participating Dealer (or such Participating Dealer’s registered representative), in its individual capacity, or by a retirement plan of such Participating Dealer (or such Participating Dealer’s registered representative); or (iii) by an officer, director or employee of the Fund, the Adviser, the Sub-Adviser or their respective affiliates. The Fund will not pay to the Dealer Manager any selling commissions in respect of the purchase of any DRIP Shares.

Selling Commissions. Subject to volume discounts and other special circumstances described in or otherwise provided in the “Plan of Distribution” section of the Prospectus or this Section 5.2, the Fund Company will pay to the Dealer Manager selling commissions in the an amount of 6.07.0% of the gross proceeds of the Class A Shares sold in the primary offering and 3.0an amount up to 2.0% of the gross proceeds from the sale of the Class T Shares sold in this the primary offering, all of which commissions will may be reallowed in whole or in part to the Participating Dealer who sold the Offered Primary Shares giving rise to such commissions, as described more fully in the Participating Dealer Agreement entered into with such Participating Dealer; provided, however, that no commissions described in this clause (a) shall be payable in respect of the purchase of Offered Class A Shares soldsold in the primary offering: (i) through an investment advisory representative affiliated with a Participating Dealer who is paid on a fee-for-service basis by the investor related to the investment in the Fundinvestor; (ii) by a Participating Dealer (or such Participating Dealer’s registered representativerepresentatives and their family members), in its individual capacity, or by a retirement plan of such Participating Dealer (or such Participating Dealer’s registered representativerepresentatives); , or (iii) by an officer, director or employee of the FundCompany, the Adviser, the Sub-Adviser Advisor or their respective affiliates. The Fund Company will not pay to the Dealer Manager any selling commissions in respect of the purchase of any DRIP Shares.

Selling Commissions. Subject to volume discounts and other special circumstances described in or otherwise provided in the “Plan of Distribution” section of the Prospectus or this Section 5.2, the Fund Company will pay to the Dealer Manager selling commissions in the amount of 6.07.0% of the gross proceeds of the Class A Shares sold in the primary offering and 3.0% of the gross proceeds of the Class T Shares sold in this the primary offering, which commissions will be reallowed to the Participating Dealer who sold the Offered Shares giving rise to such commissions, as described more fully in the Participating Dealer Agreement entered into with such Participating Dealer; provided, however, that no commissions described in this clause (a) shall be payable in respect of the purchase of Offered Primary Shares sold: (i) through an investment advisory representative affiliated with a Participating Dealer who is paid on a fee-for-service basis by the investor related to the investment in the FundCompany; (ii) by a Participating Dealer (or such Participating Dealer’s registered representative), in its individual capacity, or by a retirement plan of such Participating Dealer (or such Participating Dealer’s registered representative); or (iii) by an officer, director or employee of the FundCompany, the Adviser, the Sub-Adviser Advisor or their respective affiliates. The Fund Company will not pay to the Dealer Manager any selling commissions in respect of the purchase of any Class R Shares or DRIP Shares.

Selling Commissions. Subject to volume discounts and other special circumstances described in or otherwise provided in the “Plan of Distribution” section of the Prospectus or this Section 5.2, the Fund Company will pay to the Dealer Manager selling commissions in the amount of 6.07.0% of the gross proceeds of the Class A Shares sold in the primary offering and 3.0% of the gross proceeds of the Class T Shares sold in this the primary offering, which commissions will be reallowed to the Participating Dealer who sold the Offered Shares giving rise to such commissions, as described more fully in the Participating Dealer Agreement entered into with such Participating Dealer; provided, however, that no commissions described in this clause (a) shall be payable in respect of the purchase of Offered Primary Shares sold: (i) through an investment advisory representative affiliated with a Participating Dealer who is paid on a fee-for-service basis by the investor related to the investment in the FundCompany; (ii) by a Participating Dealer (or such Participating Dealer’s registered representative), in its individual capacity, or by a retirement plan of such Participating Dealer (or such Participating Dealer’s registered representative); or (iii) by an officer, director or employee of the FundCompany, the Adviser, the Sub-Adviser Advisor or their respective affiliates. The Fund Company will not pay to the Dealer Manager any selling commissions in respect of the purchase of any DRIP Shares.

Selling Commissions. Subject to volume discounts and other special circumstances described in or otherwise provided in the “Plan of Distribution” section of the Prospectus or this Section 5.2, the Fund Company will pay to the Dealer Manager selling commissions in the an amount of 6.07.0% of the gross proceeds of the Class A Shares sold in the primary offering and 3.0an amount of up to 2.0% of the gross proceeds from the sale of the Class T Shares sold in this the primary offering, all of which commissions will be reallowed to the Participating Dealer who sold the Offered Primary Shares giving rise to such commissions, as described more fully in the Participating Dealer Agreement entered into with such Participating Dealer; provided, however, that no commissions described in this clause (a) shall be payable in respect of the purchase of Offered Class A Shares soldsold in the primary offering: (i) through an investment advisory representative affiliated with a Participating Dealer who is paid on a fee-for-service basis by the investor related to the investment in the Fundinvestor; (ii) by a Participating Dealer (or such Participating Dealer’s registered representativerepresentatives and their family members), in its individual capacity, or by a retirement plan of such Participating Dealer (or such Participating Dealer’s registered representativerepresentatives); or (iii) by an officer, director or employee of the FundCompany, the AdviserAdvisor, the Sub-Adviser Advisor or their respective affiliates. The Fund Company will not pay to the Dealer Manager any selling commissions in respect of the purchase of any DRIP Class I Shares or any DRP Shares.

Selling Commissions. Subject to volume discounts and other special circumstances described in or otherwise provided in the “Plan of Distribution” section of the Prospectus or this Section 5.2, the Fund Company will pay to the Dealer Manager selling commissions in the an amount of 6.0up to 7.0% of the gross proceeds of the Class A Shares sold in the primary offering and 3.0an amount up to 1.5% of the gross proceeds from the sale of the Class T Shares C shares sold in this the primary offering, all of which commissions will be reallowed to the Participating Dealer who sold the Offered Primary Shares giving rise to such commissions, as described more fully in the Participating Dealer Agreement entered into with such Participating Dealer; provided, however, that no commissions described in this clause (a) shall be payable in respect of the purchase of Offered Primary Shares sold: (i) through an investment advisory representative affiliated with a Participating Dealer who is paid on a fee-for-service basis by the investor related to the investment in the Fundinvestor; (ii) by a Participating Dealer (or such Participating Dealer’s registered representativerepresentatives and their family members), in its individual capacity, or by a retirement plan of such Participating Dealer (or such Participating Dealer’s registered representativerepresentatives); , or (iii) by an officer, director or employee of the FundCompany, the AdviserAdvisor, the Sub-Adviser Advisor or their respective affiliates. The Fund Company will not pay to the Dealer Manager any selling commissions in respect of the purchase of any DRIP DRP Shares.

Selling Commissions. Subject to volume discounts and other special circumstances described in or otherwise provided in the “Plan of Distribution” section of the Prospectus or this Section 5.2, the Fund Company will pay to the Dealer Manager selling commissions in the amount of 6.0up to 7.0% of the gross proceeds of the Class A Shares sold in the primary offering and up to 3.0% of the gross proceeds of the Class T Shares sold in this the primary offering, which commissions will be reallowed to the Participating Dealer who sold the Offered Shares giving rise to such commissions, as described more fully in the Participating Dealer Agreement entered into with such Participating Dealer; provided, however, that no commissions described in this clause (a) shall be payable in respect of the purchase of Offered Primary Shares sold: (i) through an investment advisory representative affiliated with a Participating Dealer who is paid on a fee-for-service basis by the investor related to the investment in the FundCompany; (ii) by a Participating Dealer (or such Participating Dealer’s registered representative), in its individual capacity, or by a retirement plan of such Participating Dealer (or such Participating Dealer’s registered representative); or (iii) by an officer, director or employee of the FundCompany, the Adviser, the Sub-Adviser Advisor or their respective affiliates. To the extent that the selling commission is less than 7.0% for any Class A Shares sold and less than 3.0% for any Class T Shares sold, such Class A Shares and Class T Shares will have a corresponding reduction in the applicable purchase price. The Fund Company will not pay to the Dealer Manager any selling commissions in respect of the purchase of any Class R Shares or DRIP Shares.

Selling Commissions. Subject to volume discounts and other special circumstances described in or otherwise provided in the “Plan of Distribution” section of the Prospectus or this Section 5.2, the Fund Company will pay to the Dealer Manager selling commissions in the an amount of 6.07.0% of the gross proceeds of the Class A Shares sold in the primary offering and 3.0an amount of up to 2.0% of the gross proceeds from the sale of the Class T Shares sold in this the primary offering, all of which commissions will be reallowed to the Participating Dealer who sold the Offered Primary Shares giving rise to such commissions, as described more fully in the Participating Dealer Agreement entered into with such Participating Dealer; provided, however, that no commissions described in this clause (a) shall be payable in respect of the purchase of Offered Class A Shares soldsold in the primary offering: (i) through an investment advisory representative affiliated with a Participating Dealer who is paid on a fee-for-service basis by the investor related to the investment in the Fundinvestor; (ii) by a Participating Dealer (or such Participating Dealer’s registered representativerepresentatives and their family members), in its individual capacity, or by a retirement plan of such Participating Dealer (or such Participating Dealer’s registered representativerepresentatives); or (iii) by an officer, director or employee of the FundCompany, the AdviserAdvisor, the Sub-Adviser Advisor or their respective affiliates. The Fund Company will not pay to the Dealer Manager any selling commissions in respect of the purchase of any DRIP DRP Shares.