Common use of Split Price Executions Clause in Contracts

Split Price Executions. If our Manager combines the purchase or sale of Target Assets for the Company with the purchase or sale of Target Assets for Bimini or a Manager Account or both, the purchase price assigned to such Target Assets allocated to the Company shall be either (i) the average price of all such Target Assets or (ii) based on another methodology that treats each recipient of such Target Assets in a fair and consistent manner.

Appears in 5 contracts

Samples: Investment Allocation Agreement (Bimini Capital Management, Inc.), Investment Allocation Agreement (Orchid Island Capital, Inc.), Investment Allocation Agreement (Bimini Capital Management, Inc.)

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