Calculation of Intraday Indicative Values. Intraday indicative values for the Per Share Underlying Value of the Up-MACRO Tradeable Shares based on the intraday trading prices of the Applicable Reference Price of Crude Oil will be calculated by the Calculation Agent under the Calculation Agency Agreement based upon the Applicable Reference Price of Crude Oil and the data provided to the Calculation Agent by the Trustee pursuant to Section 4.1 of this Trust Agreement, by the Up-MACRO Holding Trustee pursuant to Section 4.1 of the Up-MACRO Holding Trust Agreement and by the Down-MACRO Holding Trustee pursuant to Section 4.1 of the Down-MACRO Holding Trust Agreement.
Appears in 8 contracts
Samples: Claymore Macroshares Oil Up Tradeable Trust Agreement (MACRO Securities Depositor, LLC), Claymore Macroshares Oil Up Tradeable Trust Agreement (MACRO Securities Depositor, LLC), Claymore Macroshares Oil Up Tradeable Trust Agreement (MACRO Securities Depositor, LLC)
Calculation of Intraday Indicative Values. Intraday indicative values for the Up-MACRO Underlying Value of the Up-MACRO Holding Trust and the Per Share Underlying Value of for the Up-MACRO Holding Shares and the Up-MACRO Tradeable Shares based on the intraday trading prices of the Applicable Reference Price of Crude Oil will be calculated by the Calculation Agent under the Calculation Agency Agreement based upon the Applicable Reference Price of Crude Oil and the data provided to the Calculation Agent by the Trustee pursuant to Section 4.1 of this Trust Agreement, by the Up-MACRO Holding Trustee pursuant to Section 4.1 of the Up-MACRO Holding Trust Agreement hereof and by the Down-MACRO Holding Trustee pursuant to Section 4.1 of the Down-MACRO Holding Trust Agreement.
Appears in 5 contracts
Samples: Macroshares Oil Up Holding Trust Agreement (Claymore MACROshares Oil Down Holding Trust), Third Amended and Restated Macroshares Oil Up Holding Trust Agreement (Claymore MACROshares Oil Down Holding Trust), Macroshares Oil Up Holding Trust Agreement (Claymore MACROshares Oil Up Holding Trust)
Calculation of Intraday Indicative Values. Intraday indicative values for the Down-MACRO Underlying Value of the Down-MACRO Holding Trust and the Per Share Underlying Value of for the UpDown-MACRO Holding Shares and the Down-MACRO Tradeable Shares based on the intraday trading prices of the Applicable Reference Price of Crude Oil will be calculated by the Calculation Agent under the Calculation Agency Agreement based upon the Applicable Reference Price of Crude Oil and the data provided to the Calculation Agent by the Trustee pursuant to Section 4.1 of this Trust Agreement, hereof and by the Up-MACRO Holding Trustee pursuant to Section 4.1 of the Up-MACRO Holding Trust Agreement and by the Down-MACRO Holding Trustee pursuant to Section 4.1 of the Down-MACRO Holding Trust Agreement.
Appears in 5 contracts
Samples: Third Amended and Restated Macroshares Oil Down Holding Trust Agreement (Claymore MACROshares Oil Down Holding Trust), Trust Agreement (MACROshares Oil Up Holding Trust), Macroshares Oil Down Holding Trust Agreement (Claymore MACROshares Oil Down Holding Trust)
