Common use of Administration of Treasuries Clause in Contracts

Administration of Treasuries. (a) On each Distribution Date and on each Business Day on which funds are received by the Trustee in connection with a Paired Subsequent Issuance, the Administrative Agent, on behalf of the Up-MACRO Holding Trust, shall direct the Trustee to reinvest the funds available pursuant to Section 5.2(a)(iv) in U.S. Treasury obligations or in repurchase agreements in U.S. Treasury obligations in accordance with the following "Acquisition Guidelines":

Administration of Treasuries. (a) On each Distribution Date and on each Business Day on which funds are received by the Trustee in connection with a Paired Subsequent IssuanceDate, the Administrative Agent, on behalf of the UpDown-MACRO Holding Trust, shall direct the Trustee to reinvest the funds available pursuant to Section 5.2(a)(iv) in U.S. Treasury obligations or in repurchase agreements in U.S. Treasury obligations Treasuries in accordance with the following "Acquisition Guidelines":

Administration of Treasuries. (a) On each Distribution Date and on each Business Day on which funds are received by the Trustee in connection with a Paired Subsequent IssuanceDate, the Administrative Agent, on behalf of the Up-MACRO Holding Trust, shall direct the Trustee to reinvest the funds available pursuant to Section 5.2(a)(iv) in U.S. Treasury obligations or in repurchase agreements in U.S. Treasury obligations Treasuries in accordance with the following "Acquisition Guidelines":

Administration of Treasuries. (a) On each Distribution Date and on each Business Day on which funds are received by the Trustee in connection with a Paired Subsequent Issuance,, the Administrative Agent, on behalf of the UpDown-MACRO Holding Trust, shall direct the Trustee to reinvest the funds available pursuant to Section 5.2(a)(iv) in U.S. Treasury obligations or in repurchase agreements in U.S. Treasury obligations in accordance with the following "Acquisition Guidelines":