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Terms of Use

Terms of Use

Terms of Use

Effective Date:  These Terms of Use are Effective as of 2/26/2016.

Last Updated: These Terms of Use were last updated on 01/11/2017.

These terms of use (“Terms of Use”) govern your use of the website located at www.northstarsecurities.com/corporateincome (the “Website”). The Website is provided to you by NorthStar Corporate Income Master Fund and its affiliates or subsidiaries (cumulatively referred to as “NorthStar Corporate Income,” “us,” “our,” or “we”). 

YOUR USE OF THE WEBSITE INDICATES YOUR (I) ACCEPTANCE OF THESE TERMS OF USE, AND (II) ACKNOWLEDGEMENT THAT ANY INFORMATION YOU PROVIDE EITHER DIRECTLY OR INDIRECTLY THROUGH THE WEBSITE WILL BE MANAGED IN ACCORDANCE WITH THE NORTHSTAR CORPORATE INCOME PRIVACY POLICY LEGAL@CLNS.COM.

NORTHSTAR CORPORATE INCOME MAY AT ANY TIME, IN ITS SOLE DISCRETION, REVISE, CHANGE, OR MODIFY THESE TERMS AND CONDITIONS BY UPDATING THIS POSTING. YOU ARE BOUND BY ANY SUCH REVISIONS AND SHOULD THEREFORE PERIODICALLY VISIT THIS PAGE TO REVIEW THE CURRENT TERMS AND CONDITIONS TO WHICH YOU ARE BOUND, AND YOUR CONTINUED USE OF THE WEBSITE SHALL INDICATE YOUR ACCEPTANCE OF ANY SUCH REVISIONS. YOU MAY NOT DISTRIBUTE, MODIFY, TRANSMIT OR REVISE THE CONTENTS OF THIS SITE WITHOUT THE EXPRESS WRITTEN PERMISSION OF NORTHSTAR CORPORATE INCOME.

PLEASE READ THESE TERMS OF USE CAREFULLY BEFORE USING THIS WEBSITE. IF YOU DO NOT ACCEPT THESE TERMS OF USE, YOU MAY NOT ACCESS OR USE THE WEBSITE.

  1. Changes to the Website

NorthStar Corporate Income reserves the right to change, suspend, or discontinue all or any aspect of the Website, Features (defined in Section II) or any Content (defined in Section V) at any time without notice.

  1. User Eligibility and Permitted Use of the Website

The Website is available worldwide and may be operated from various locations both within and outside the United States of America (“USA”).  Access to and use of the Website, including functionality and features available on the Website and any services discussed, referenced, provided or offered through or on the Website, if any (the “Features”), however, may be inappropriate, prohibited or restricted in countries outside the USA. NorthStar Corporate Income makes no warranty or representations that the Website or the Features are appropriate or available for access/use outside of the USA. If you access/use the Website from outside the USA, you do so at your own risk and are responsible for complying with the laws and regulations of the territory from which you access/use the Website. It is your responsibility to ascertain and obey all applicable local, state, federal and international laws (including minimum age requirements) with regard to your use of the Website.  The Website is not intended for use by children under the age of 18.

  1. Securities Law and Offerings

Investments in registered closed-end management investment companies are subject to substantial risks. You should consult your tax and financial advisors before using any information on this Website or making an investment in any product described on the Website. The risks involved in investing in NorthStar Corporate Income include, without limitation, the following:

  • NorthStar Corporate Income (the "Fund") offers its shares to the public indirectly through separate registered investment companies, each referred to as a feeder fund. An investor purchases shares of a feeder fund and the feeder fund, in turn, purchases shares of NorthStar Corporate Income which executes the investment strategy described herein.
  • The Fund intends to implement a share repurchase program, but only a limited number of the Fund’s shares may be eligible for repurchase. The repurchase program may be terminated at any time. Accordingly, you should consider that you may not have access to the money you invest for an indefinite period of time or until the Fund completes a liquidity event. There can be no assurance that there will be a liquidity event at all.
  • Because you may be unable to sell your shares, you may be unable to reduce your exposure to the Fund in any market downturn.
  • The Fund has not identified any specific investments that it will make with the proceeds from this offering, and you will not have the opportunity to evaluate the Fund’s investments prior to purchasing shares. As a result, the Fund’s offering may be considered a “blind pool” offering.
  • The Fund expects that some of its distributions will be paid from the proceeds from the offering and, more specifically, from the proceeds from the purchase of shares sold to affiliates. You should understand that any such distributions would not be based on the investment performance of the Fund and would be sustained only if the Fund achieves positive investment performance in future periods.
  • This is a “best efforts” offering, and if the Fund is unable to raise substantial funds, it will be limited in the number and type of investments it may make, and the value of a shareholder’s investment may be reduced in the event the Fund’s assets under-perform. The dealer manager has only limited experience selling shares on behalf of a registered closed-end management investment company and may be unable to sell a sufficient number shares for the Fund to achieve its investment objective.
  • Subordinated investments in credit instruments have lower priority in right of payment to any higher ranking obligations of the borrower, and the cash flows and assets of the borrower may be insufficient to meet scheduled payments after giving effect to any higher ranking obligations of the borrower.
  • The Fund is new and has no operating history.
  • Investors in this offering will incur dilution.
  • The debt securities and loans in which the Fund invests may be secured, partially secured or unsecured and may be rated below investment grade by rating agencies or that would be rated below investment grade if they were rated. Below investment grade securities, which are often referred to as “high yield” securities or “junk bonds,” may have speculative characteristics with respect to the issuer’s capacity to pay interest and repay principal. They may also be illiquid and difficult to value.
  • Investments in collateralized loan obligations (CLO) may be riskier and less transparent to the Fund and its shareholders than direct investments in the underlying companies. CLO investments are exposed to leveraged credit risk. Investments in CLOs may be illiquid because they typically will have no significant assets other than their underlying senior secured loans, and payments on the CLOs are and will be payable solely from the cashflows from such senior secured loans.
  • Investments in foreign securities may be subject to the risks of lack of uniform accounting and auditing standards; less government supervision of exchanges, brokers and issuers; imposition of foreign taxes; changes in exchange control regulations; political and social instability; expropriation; higher transaction cost; less developed bankruptcy laws; difficulty in enforcing contractual obligations; greater price volatility and fluctuations in exchange rates; less liquid markets and less available information than is generally the case in the United States.
  • If the Fund borrows money, the potential for loss on amounts invested in it will be magnified and may increase the risk of investing in the Fund. Borrowed money may also adversely affect the return on assets, reduce cash available for distribution to shareholders and result in losses.
  • The Fund will be exposed to risks associated with changes in interest rates. In addition, changes in interest rates may affect the Fund’s cost of capital and net investment income.
  1. No Investment Advice or Recommendations

Nothing contained on the Website constitutes tax, legal or investment advice. Neither the information, nor any opinions contained on the Website constitutes a solicitation or offer by NorthStar Corporate Income or its affiliates to buy or sell any securities, futures, options or other financial instruments, nor shall any such financial instrument be offered or sold to any person in any jurisdiction in which such offer, solicitation, purchase, or sale would be unlawful under the securities laws of such jurisdiction.

  1. Ownership of Rights and Limitation of Use

The Website design and all text, graphics, information, trademarks, service marks, trade names, photographs, advertisements, content, and other material displayed on the Website (the “Content”) are either the property of, or used with permission by, NorthStar Corporate Income. The ownership of all Content is retained by its owner. You may not (i) modify the Content in any way or reproduce or publicly display, perform, or distribute or otherwise use the Content for any public or commercial purpose or (ii) remove, obscure or otherwise deface proprietary notices appearing on any Content, including copyright, trademark and other intellectual property notices. The Content is protected by copyright, trademark and other laws and international treaty provisions and may not be used except as permitted in these Terms of Use or with the prior written permission of the owner of such Content. Your use of the trademarks displayed on the Website, except as provided herein, is strictly prohibited. The use of the images displayed on the Website by you, or anyone else authorized by you, is prohibited. Any unauthorized use of the images may violate copyright laws, trademark laws, the laws of privacy and publicity, and communications regulations and statutes.

  1. Links to Other Websites

NorthStar Corporate Income may establish links between the Website and one or more websites operated by third parties (“Linked Websites”). All such links are provided solely as a convenience to you, and NorthStar Corporate Income has no control over any such Linked Websites, the contents therein or the products/services offered. The existence of any such links shall not constitute an endorsement, representation or warranty by NorthStar Corporate Income of such Linked Websites, their contents, products or services or the operators of the Linked Websites. NorthStar Corporate Income disclaims responsibility for the privacy policies and customer information practices of any Linked Websites. If you decide to access any other Linked Websites, you do so entirely at your own risk. You should review the policies and terms of use associated with the Linked Websites closely before using and submitting information to such Linked Websites.

  1. Links to NorthStar Corporate Income from Other Websites

You shall not display hyperlinks on your websites to any website owned or operated by NorthStar Corporate Income. If you desire to display on your website a hyperlink to the NorthStar Corporate Income website, you must enter into a written agreement with NorthStar Corporate Income governing such display. Access to any NorthStar Corporate Income website does not authorize you to use any of NorthStar Corporate Income’s names, logos, trademarks or copyrighted material, and you agree not to use the same without NorthStar Corporate Income’s express written consent. Requests to display hyperlinks on your websites to NorthStar Corporate Income websites should be e-mailed to legal@clns.com.

  1. SEC Materials

Certain information provided through the Website has been filed with the Securities and Exchange Commission (the "SEC") (such materials being referred to as "SEC Materials"). The SEC Materials and other public disclosures contained on this website contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act. Forward-looking statements are typically identified by words or phrases such as likely, believe, expect, anticipate, intend, estimate, position and variations of such words and similar expressions, or future or conditional verbs such as will, would, should, could, may or similar expressions. NorthStar Corporate Income cautions that these forward-looking statements are subject to numerous assumptions, risks and uncertainties, all of which change over time, and NorthStar Corporate Income assumes no duty to update forward-looking statements. Actual results could differ materially from those anticipated in these forward-looking statements and future results could differ materially from historic performance.

The following factors, among others, could cause actual results to differ materially from forward-looking statements or historic performance: the introduction, withdrawal, success and timing of business initiatives and strategies; economic conditions; changes in interest rates and financial and capital markets; competitive conditions; capital improvement projects; future acquisitions; and the impact, extent and timing of technological changes and legislative and regulatory actions and reforms.

Neither the SEC, the Attorney General of the State of New York nor any other state securities regulator has passed on or endorsed the merits of any information or Content displayed or conveyed on or through the Website. Any representation to the contrary is unlawful.

NorthStar Securities, LLC, member FINRA/SIPC, an affiliate of NorthStar Corporate Income, is the dealer manager for NorthStar Corporate Income offering.

Reference is made to NorthStar Corporate Income’s filings with the SEC which identify additional factors that can affect forward-looking statements.

  1. Miscellaneous

The laws of the State of New York govern these terms and conditions. If you take legal action relating to these terms and conditions, you agree to file such action only in the New York State Supreme Court located in New York, NY, or the United States District Court for the Southern District of New York, and you consent and submit to the personal jurisdiction of those courts for the purpose of litigating any action with NorthStar Corporate Income.  Section headings in these Terms of Use are for convenience only and have no legal or contractual effect.  If any provision of these terms is deemed unlawful, void, or for any reason unenforceable, then that provision will be deemed severable from these terms and will not affect the validity and enforceability of the remaining provisions. A printed version of these Terms of Use shall be admissible in judicial and administrative proceedings based upon or relating to these Terms of Use to the same extent and subject to the same conditions as other business documents and records originally generated and maintained in printed form.

  1. Contact Us

For issues or questions related to the Website or these Terms of Use please email legal@clns.com.

 

 

This website is neither an offer to sell nor a solicitation of an offer to buy securities. An offering is made only by the applicable prospectus. This website must be read in conjunction with the prospectus in order to fully understand all of the implications and risks of the offering of securities to which the prospectus relates. Before investing, investors are advised to carefully consider the investment objectives, risks, and charges and expenses of NorthStar Corporate Income and the Fund in which they are considering investing. Each Fund’s prospectus contains this and other information about the Fund. Investors may obtain a copy of a Fund’s prospectus by calling 877.940.8777. Investors should read and carefully consider all information found in a Fund’s prospectus before investing. No offering is made except by a prospectus filed with the U.S. Securities and Exchange Commission. Neither the SEC nor any state securities regulator has approved or disapproved of our common stock, determined if the prospectus is truthful or complete or passed on or endorsed the merits of this offering. Any representation to the contrary is a criminal offense. Securities offered through NorthStar Securities, LLC, member FINRA/SIPC, an affiliate of and the dealer manager for NorthStar Corporate Income. NorthStar Securities, LLC is doing business as NorthStar BD Securities, LLC (DE) in the following states: FL, GA, TX and WA.