Price Arbitrage Opportunities. Buyer agrees to promptly notify Seller of any and all price arbitrage opportunities where Seller may benefit from exchanging third party customers with another Ethanol supplier. Notice of the price arbitrage opportunity must reasonably describe the opportunity to Seller and indicate to Seller the time within which the opportunity must be accepted based on the circumstances of each opportunity. If Seller does not accept the opportunity within such time as set out by Buyer, the opportunity will be deemed rejected by Seller. If Seller accepts the price arbitrage opportunity and it results in proceeds remaining after all related and unrelated parties have received the agreed upon amounts necessary to affect the exchange (the “Gain”), the Gain will be shared equally by Buyer and Seller. Buyer shall provide Seller with documentation substantiating the calculation of the Gain reasonably satisfactory to the Seller as soon as practical.
Price Arbitrage Opportunities. Xxxxx agrees to promptly notify Seller of any and all price arbitrage opportunities where Seller may benefit from exchanging third party customers with another Ethanol supplier. Notice of the price arbitrage opportunity must reasonably describe the opportunity to Seller and indicate to Seller the time within which the opportunity must be accepted based on the circumstances of each opportunity. If Seller does not accept the opportunity within such time as set out by Xxxxx, the opportunity will be deemed rejected by Xxxxxx. If Seller accepts the price arbitrage opportunity and it results in proceeds remaining after all related and unrelated parties have received the agreed upon amounts necessary to affect the exchange [***].
