Trading Period. Each Shareholder hereby agrees that:
1.1. Until February 1, 2025, each Shareholder will not, directly or indirectly Transfer any of the Shares; provided that after January 1, 2023, and until October 31, 2025 (such period, the “Trading Period”), each Shareholder shall be authorized to sell a limited number of Shares in connection with an open market sale of the Shares, which number of Shares sold in the open market shall not exceed, on a daily basis, more than:
Trading Period. 10.1. The Trading Period begins on the date of the initial receipt of the Investor’s funds in the PAMM account.
10.2. If a withdrawal is requested by an Investor before the Trading Period ends, the Penalty Fee will apply.
Trading Period. Each Shareholder hereby agrees that:
1.1 No Shares shall be sold or subject to any transfer for six (6) months from the Closing Date, May 19th , 2021 (the “Lock-Up Period). Upon the expiration of the Lock-Up Period, each Shareholder may sell, as set forth herein, up to one-sixth (1/6) of their Shares (the “Leak-Out Restriction”) every thirty (30) day period occurring thereafter for the next six (6) months (the “Leak-Out Period”). After one year from the Closing Date, there shall be no further restrictions regarding the sale and/or transfer of the Shares.
1.2 During the Leak-Out Period:
(1) Shareholder will not sell any Shares in the first or last 30 minutes of any trading day.
(2) Shareholder will trade the Shares in multiple trades and not have the allocated monthly volume be placed as a single order placed on a trading desk as block trade in the last hour and 30 minutes of the trading day. The individual trading will be done on a “dripped procedure” relative to the daily trading volume. An exemption to this requirement will be if a trade is placed early in the day and the volume “vanishes” at the end of the trading day. The obligations and restrictions of the Shareholder as set forth in Sections 1.1 and 1.2 are defined as the “Trading Restrictions”.
Trading Period. 2.1 Westxxxxx Xx-Investment Funds....................................
Trading Period. Each Purchaser hereby agrees that:
1.1. None of the Shares shall be sold or subject to any transfer for six (6) months from the Closing Date, November [__], 2022 (the “Lock-Up Period).
1.2. Upon the expiration of the Lock-Up Period, each Purchaser may sell, as set forth herein, up to ten percent (10%) of their Shares (the “Leak-Out Restriction”) every thirty (30) day period occurring thereafter for the next six (6) months (the “Leak-Out Period”). The Purchaser also agrees that during the Leak-Out Period, the Purchaser may not sell more than ten percent (10%) of the daily trading volume on the Trading Market during any Trading Day (as those terms are defined in the SPA), After the first anniversary of the Closing Date, there shall be no further restrictions regarding the sale and/or transfer of the Shares.
Trading Period. 11.1. Trading Period can be equal to:
Trading Period. If the publicly reported closing price of Manatron Common Stock is not Seven Dollars ($7.00) (the "TARGET PRICE") or higher for at least thirty-five (35) trading days during the two (2) year period beginning thirty (30) days following the Closing (the "TRADING PERIOD"), then Xxxxx shall be entitled to an amount equal to the difference between the Target Price and the Floor Price multiplied by three hundred thousand (300,000).
Trading Period. 11.1. Trading Period can be equal to:
(a) 2 Weeks (14 calendar days) (b) 1 Month (30 calendar days).
11.2. The Trading Period begins on the date of the initial receipt of the Investor’s funds in the PAMM Manager account.
11.3. If a withdrawal is requested by an Investor before the Trading Period ends, the Penalty Fee will apply.
11.4. Completion of the Trading Period does not automatically withdraw the equity on the investment account.
Trading Period the smallest unit of time for the trading of ELECTRICAL ENERGY; SUPPLY PERIOD: corresponds to the time interval between the START DATE OF THE SUPPLY and the date of termination of the availability of ENERGY CONTRACTED and respective ASSOCIATED POWER by the SELLER; PLD: Differences Settlement Price, with maximum and minimum values defined periodically by XXXXX, considering the variable costs of operation of the thermoelectric developments available for the centralized dispatch, in the form of art. 57 of Decree no. 5.163, of July 30, 2004; POWER: the amount of ELECTRICITY requested in the unit of time, expressed in MW; ASSOCIATED POWER: the amount of POWER that the SELLER shall make available to the BUYER, defined in the terms of the SUMMARY TABLE; INSTALLED POWER: sum of the nominal active electrical powers of the generating units of the PLANT, committed to this AGREEMENT, according to the respective CONCESSION AGREEMENT and/or AUTHORIZING ACT, according to ATTACHMENT I of the AGREEMENT, expressed in MW; SALE PRICE: price of ENERGY CONTRACTED and respective ASSOCIATED POWER; TRADING PROCEDURES: set of standards approved by XXXXX that define the conditions, requirements, events and deadlines related to the trading of ELECTRIC ENERGY within the framework of the CCEE; DISTRIBUTION PROCEDURES: set of standards approved by XXXXX that regulate and standardize the technical activities related to the operation and performance of the electric energy distribution systems; NETWORK PROCEDURES: documents prepared by the ONS with the participation of AGENTS and approved by XXXXX, which establish the technical procedures and requirements necessary for the planning, implementation, use and operation of the SIN, and define the responsibilities of ONS and AGENTS; SUMMARY TABLE: specific data of the AUCTION participants, being their exclusive and integral responsibility, the correct fulfillment of the information requested, which are essential for the execution of the CONTRACTS; SALES REVENUE: revenue associated with the AGREEMENT, defined in the terms of Clause 6; TRADING RULES: set of operational and commercial rules and its algebraic formulations defined by XXXXX, and mandatory compliance by the CCEE AGENTS, applicable to the trading of ELECTRIC ENERGY within the framework of the CCEE; SEASONALITY: monthly discretization of annual ENERGY amounts; SCL: System of Accounting and Settlement of CCEE; NATIONAL INTERCONNECTED SYSTEM - SIN: set of facilities and equipment responsi...
Trading Period. In order to certify the trading period, clients should submit details of start-up date plus evidence of any of the following: • Date of registration for tax, VAT • Date of registration with Companies Registration Office (CRO) No specific costs per job have been set for micro-enterprises; however, it is critical that value for money in relation to costs per job be retained in the implementation of the supports and also having regard to the maximum grant available. Procurement guidelines relate to all projects, whether EU co-financed or not. Amounts of up to €25,000 should comply with National Procurement Guidelines. • Amounts Less than €5,000 In accordance with National Public Procurement Guidelines, evidence must be retained on file that one or more verbal quotes were sought, where practical and proportionate. • Amounts between €5,000 and €25,000 Competitive tenders must be sought with at least three written quotations sought for all orders of supplies or services, in accordance with National Procurement Guidelines. While these guidelines must be followed where practical and proportionate, exceptional circumstances are catered for, in cases which a competitive process is impractical such as rental space or the acquisition of specialised equipment. This deviation must be documented and such documentation retained on file. Where direct invitations to tender/quote are issued, firms from which quotations are sought should be a good representative sample of all potential bidders in the market concerned. All records should be maintained on file. • Amounts in excess of €25,000 A formal tendering, using the Irish Government website xxx.xxxxxxxx.xx and/or other suitable publication, should be used, or, 5 written quotations sought and evidence that at least 3 were received; this evidential information should be retained on file. The tenders must be evaluated against specified requirements using a scoring sheet. (Refer to Circular 4/2012 issued 10 July, 2012 from the Central Coordination Unit (CCU) informing CEBs of the amendments to Public Procurement). Reallocation between cost categories may be permitted, subject to prior written consent from the XXXx.
