Common use of Compensation of the Depositor Clause in Contracts

Compensation of the Depositor. The Depositor shall not receive any compensation, reimbursements, disbursements and repayment of expenses for its efforts and services incurred hereunder. The Depositor acknowledges that it has received good and valuable consideration for its services pursuant to and in connection with the Up-MACRO Holding Trust Agreement and that its services hereunder are integral and connected to its services performed under the Up-MACRO Holding Trust Agreement.

Compensation of the Depositor. The Depositor shall not receive any compensation, reimbursements, disbursements and repayment of expenses for its efforts and services incurred hereunder. The Depositor acknowledges that it has received good and valuable consideration for its services pursuant to and in connection with the UpDown-MACRO Holding Trust Agreement and that its services hereunder are integral and connected to its services performed under the UpDown-MACRO Holding Trust Agreement.