Common use of Appointment, Removal and Resignation of the Administrative Agent Clause in Contracts

Appointment, Removal and Resignation of the Administrative Agent. (a) [ ] agrees to act as Administrative Agent under this Trust Agreement and the Holders of the Down-MACRO Tradeable Shares by their acceptance of their shares consent to [ ], acting as Administrative Agent under this Trust Agreement.

Appointment, Removal and Resignation of the Administrative Agent. (a) [ ] agrees to act as Administrative Agent under this Trust Agreement and the Holders of the DownUp-MACRO Tradeable Shares by their acceptance of their shares consent to [ ], acting as Administrative Agent under this Trust Agreement.