Common use of Trading Periods Clause in Contracts

Trading Periods. Sellers may post offers to sell Securities (also referred to as the “ask price”) and purchasers may post offers to purchase Securities (also referred to as the “bid price”) on the QMS during any business day of the year. Offers to sell will be matched with offers to purchase on a rolling, daily basis after the offer to sell has been posted for at least 15 days. Trades will be completed four times a year on the first day of each quarter beginning on January 1, April 1, July 1 and October 1. Trades for Units will be coordinated upon final notification of acceptance from SIRE’s Transfer Agent.

Appears in 4 contracts

Samples: Unit Transfer Policy (Southwest Iowa Renewable Energy, LLC), Unit Transfer Policy (Southwest Iowa Renewable Energy, LLC), Unit Transfer Policy

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!