Compliance with Requirements of Law. The Trustee shall duly satisfy all of its obligations and duties under this Trust Agreement and shall maintain in effect all qualifications and will comply in all material respects with all of the Requirements of Law in connection with its duties hereunder, inasmuch as a failure to comply with such requirements would have a material adverse effect on the interests of the Holders of the Up-MACRO Tradeable Shares.
Appears in 17 contracts
Samples: Trust Agreement (MACROshares Oil Down Tradeable Trust), Trust Agreement (Claymore MACROshares Oil Up Tradeable Trust), Trust Agreement (MACROshares Oil Up Tradeable Trust)
Compliance with Requirements of Law. The Trustee shall duly satisfy all of its obligations and duties under this Trust Agreement and shall maintain in effect all qualifications and will comply in all material respects with all of the Requirements of Law in connection with its duties hereunder, inasmuch as a failure to comply with such requirements would have a material adverse effect on the interests of the Holders of the Up-MACRO Tradeable Holding Shares.
Appears in 17 contracts
Samples: Trust Agreement (Claymore MACROshares Oil Down Holding Trust), Trust Agreement (Claymore MACROshares Oil Up Holding Trust), Trust Agreement (Claymore MACROshares Oil Up Holding Trust)
Compliance with Requirements of Law. The Trustee shall duly satisfy all of its obligations and duties under this Trust Agreement and shall maintain in effect all qualifications and will comply in all material respects with all of the Requirements of Law in connection with its duties hereunder, inasmuch as a failure to comply with such requirements would have a material adverse effect on the interests of the Holders of the UpDown-MACRO Tradeable Holding Shares.
Appears in 15 contracts
Samples: Trust Agreement (MACROshares Oil Up Holding Trust), Trust Agreement (Claymore MACROshares Oil Down Holding Trust), Trust Agreement (Claymore MACROshares Oil Down Holding Trust)
Compliance with Requirements of Law. The Trustee shall duly satisfy all of its obligations and duties under this Trust Agreement and shall maintain in effect all qualifications and will comply in all material respects with all of the Requirements of Law in connection with its duties hereunder, inasmuch as a failure to comply with such requirements would have a material adverse effect on the interests of the Holders of the UpDown-MACRO Tradeable Shares.
Appears in 15 contracts
Samples: Trust Agreement (Claymore MACROshares Oil Up Holding Trust), Trust Agreement (Claymore MACROshares Oil Down Holding Trust), Trust Agreement (MACROshares Oil Up Tradeable Trust)
Compliance with Requirements of Law. The Trustee shall duly satisfy all of its obligations and duties under this Trust Agreement and shall maintain in effect all qualifications and will comply in all material respects with all of the Requirements of Law in connection with its duties hereunder, inasmuch as a failure to comply with such requirements would have a material adverse effect on the interests of the Holders of the Up-MACRO Tradeable SharesUp MacroShares.
Appears in 10 contracts
Samples: Trust Agreement, Trust Agreement (MACRO Securities Depositor, LLC), Trust Agreement (MacroShares Major Metro Housing Up Trust)
Compliance with Requirements of Law. The Trustee shall duly satisfy all of its obligations and duties under this Trust Agreement and shall maintain in effect all qualifications and will comply in all material respects with all of the Requirements of Law in connection with its duties hereunder, inasmuch as a failure to comply with such requirements would have a material adverse effect on the interests of the Holders of the Up-MACRO Tradeable SharesDown MacroShares.
Appears in 7 contracts
Samples: Trust Agreement (MacroShares $100 Oil Down Trust), Trust Agreement (MacroShares $100 Oil Down Trust), Trust Agreement (MACRO Securities Depositor, LLC)
