Obtaining
a Client Number
After obtaining a Client Number, interested
parties must pre-register with The Clearinghouse and be approved
as a bidder for each auction event. To pre-register, please
complete and print a copy of the following forms and fax executed
copies to The Clearinghouse at 832.601.7669:
Application
for Client Number
You will be notified
of approval and your password by email.
The
Clearinghouse reserves the right, at its sole discretion, to refuse
or approve any application for Client Number, or as a registered
bidder, for any reason whatsoever.
Obtaining
A Bidder Number
IMPORTANT: Entity Name should be filled
out exactly as you plan to take
record title to any properties purchased. If you plan
to purchase properties in more than one entity name, you must
register each entity separately.
Once a Bidder has completed and faxed signed copies of
these forms, The Clearinghouse will review all registration materials,
including your bank letter guaranteeing payment. If approved, you will be
activated for the online Selective Offering®
in which you have expressed interest. You may then join the auction by
inputting your Client Number and password. Once you open the Bid Window,
you will be notified of your Bidder Number.
The Clearinghouse reserves the right, at its
sole discretion, to not approve any or all registration applications
and to refuse any party access to bid on a property or properties
for any reason whatsoever.
The Clearinghouse's online
Selective
Offering® and any written materials
associated therewith are not a public offering. The use
of this Website is intended only by selected parties who are
knowledgeable, sophisticated and actively engaged in the oil
and gas business, and are fully aware of the risks and liabilities
inherent with the ownership of oil and gas properties. The
information contained herein does not constitute an offer
or solicitation to purchase or offer, or solicitation to sell
to any person in the state of Nebraska, or in any other state
where the laws of such a state prohibit such offers, or in
which The Clearinghouse is not a broker-dealer. To the extent
required by state law, some potential bidders may be required
to be "accredited investors."
Submitting
A Bank Letter
A
bank letter (on bank letterhead) is required for all bidders paying
by check or wire transfer. Bank letter(s) must be delivered to The
Clearinghouse prior to receiving registration approval and being
activated as a bidder.
A
bank letter must:
| ~ |
identify
the name of the entity taking title; |
| ~ |
provide
the banking information required on the Bidder Registration
form; |
| ~ |
include
a statement from the bank that it will guarantee payment
(either by bank guarantee or irrevocable letter of credit)
on any check presented to The Clearinghouse up to a specified
dollar amount (the maximum amount of your anticipated
purchases at the sale); |
| ~ |
define
the time period the check will be honored -not less than
ten (10) days after the sale. |
NOTE:
Payment by cashier's check does not require a bank letter.
(Cashier's Checks are only accepted at the auction. To bid online you must have a bank letter.)
After
approval you are ready to join the auction. Remember, however,
that separate registrations with unique Client Numbers and passwords
must be received for each entity registered.
NOTE: The Clearinghouse's
online Selective
Offering® is not a public
auction, but rather is limited solely to accredited investors
approved at the sole discretion of The Clearinghouse.
Thank
you for your participation in The Clearinghouse's
Selective
Offering®
Floor
Bidder at Hybrid Auction
Obtaining
a Client Number
After obtaining a Client Number, interested parties
must pre-register with The Clearinghouse and be approved as a bidder
for each auction event. To pre-register, please complete and print
a copy the following forms and fax an executed copy to The Clearinghouse
at 832.601.7669:
Application
for Client Number
Completed forms will be automatically emailed
to The Clearinghouse for approval. You will be notified of your
approval and your password by return email.
The
Clearinghouse reserves the right, at its sole discretion, to refuse
or approve any application for Client Number, or as a registered
bidder, for any reason whatsoever.
Obtaining
A Bidder Number
IMPORTANT: Entity Name should be filled out exactly
as you plan to take record title to any properties purchased.
If you plan to purchase properties in more than one entity name,
you must register each entity separately.
Once a Bidder has completed and faxed signed copies of these forms, The
Clearinghouse will review all registration materials, including your bank
letter guaranteeing payment. If approved, you will be activated for the
online Selective Offering® in which you have
expressed interest. You may then join the auction by inputting your Client
Number and password. Once you open the Bid Window, you will be notified of
your Bidder Number.
The Clearinghouse reserves the right, at its
sole discretion, to not approve any or all registration applications
and to refuse any party access to bid on a property or properties
for any reason whatsoever.
The Clearinghouse's online
Selective
Offering® and any written materials
associated therewith are not a public offering. The use
of this Website is intended only by selected parties who are
knowledgeable, sophisticated and actively engaged in the oil
and gas business, and are fully aware of the risks and liabilities
inherent with the ownership of oil and gas properties. The
information contained herein does not constitute an offer
or solicitation to purchase or offer, or solicitation to sell
to any person in the state of Nebraska, or in any other state
where the laws of such a state prohibit such offers, or in
which The Clearinghouse is not a broker-dealer. To the extent
required by state law, some potential bidders may be required
to be "accredited investors."
Submitting
A Bank Letter
A bank letter (on bank letterhead) is required
for all bidders paying by check or wire transfer. Bank letter(s)
must be delivered to The Clearinghouse prior to receiving
registration approval and being activated as a bidder.
A bank letter must:
| ~ |
identify
the name of the entity taking title; |
| ~ |
provide
the banking information required on the Bidder Registration
form; |
| ~ |
include
a statement from the bank that it will guarantee payment
(either by bank guarantee, or irrevocable letter of credit)
on any check presented to The Clearinghouse up to a specified
dollar amount (the maximum amount of your anticipated
purchases at the sale); |
| ~ |
define
the time period the check will be honored (not less than
ten -10- days after the sale). |
NOTE:
Payment by cashier's check does not require a bank letter.
After
approval you are ready to join the auction. Remember, however,
that separate registrations with unique Client Numbers and passwords
must be received for each entity registered.
NOTE: The Clearinghouse's
online Selective
Offering®. is not a public auction,
but rather is limited solely to accredited investors approved
at the sole discretion of The Clearinghouse.
Thank
you for your participation in The Clearinghouse's
Selective
Offering®
|
