Repurchases. In addition to the foregoing, the Trust shall repurchase Shares tendered by Shareholders, subject to the Trust having sufficient assets to accept such tenders, beginning on the date that is twenty (20) business days prior to the end of each February, May, August and November and ending on the last business day of such month, or at such other times as determined by the Trustees. The repurchase price for Shares tendered by a Shareholder shall equal the product of (i) the Redemption Price for that Shareholder determined pursuant to Section 6.2(b) above as of the applicable repurchase date and after taking into account any distribution paid on the repurchase date, multiplied by (ii) the Market Value Adjustment on such repurchase date.
Appears in 42 contracts
Samples: Amended and Restated Agreement and Declaration of Trust (Stone Ridge Longevity Risk Premium Fixed Income Trust 80M), Amended and Restated Agreement and Declaration of Trust (Stone Ridge Longevity Risk Premium Fixed Income Trust 75F), Amended and Restated Agreement and Declaration of Trust (Stone Ridge Longevity Risk Premium Fixed Income Trust 70F)
