Common use of Appointment of Successor Clearing Agency Clause in Contracts

Appointment of Successor Clearing Agency. If any Clearing Agency elects to discontinue its services as securities depository with respect to the Up-MACRO Tradeable Shares, the Trustee may appoint a successor Clearing Agency with respect to such Up-MACRO Tradeable Shares.

Appointment of Successor Clearing Agency. If any Clearing Agency elects to discontinue its services as securities depository with respect to the UpDown-MACRO Tradeable Shares, the Trustee may appoint a successor Clearing Agency with respect to such UpDown-MACRO Tradeable Shares.