Dissolution and Termination of the Trust. The Trust shall dissolve upon, and only upon, the distribution to the Holders of all liquidating distributions received by the Trust on the Up-MACRO Holding Shares in connection with a termination of the Up-MACRO Holding Trust pursuant to Section 11.2 of the Up-MACRO Holding Trust Agreement.
Appears in 2 contracts
Samples: Trust Agreement (MACRO Securities Depositor, LLC), Trust Agreement (MACRO Securities Depositor, LLC)
Dissolution and Termination of the Trust. The Trust shall dissolve upon, and only upon, the distribution to the Holders of all liquidating distributions received by the Trust on the UpDown-MACRO Holding Shares in connection with (a) the occurrence of a Down-MACRO Recapitalization Event pursuant to Section 11.1 of the Down-MACRO Holding Trust Agreement or (b) a termination of the UpDown-MACRO Holding Trust pursuant to Section 11.2 of the UpDown-MACRO Holding Trust Agreement.
Appears in 2 contracts
Samples: Trust Agreement (MACRO Securities Depositor, LLC), Trust Agreement (MACRO Securities Depositor, LLC)
Dissolution and Termination of the Trust. The Trust shall dissolve upon, and only upon, the distribution to the Holders of all liquidating distributions received by the Trust on the Up-MACRO Holding Shares in connection with (a) the occurrence of an Up-MACRO Recapitalization Event pursuant to Section 11.1 of the Up-MACRO Holding Trust Agreement or (b) a termination of the Up-MACRO Holding Trust pursuant to Section 11.2 of the Up-MACRO Holding Trust Agreement.
Appears in 2 contracts
Samples: Trust Agreement (MACRO Securities Depositor, LLC), Trust Agreement (MACRO Securities Depositor, LLC)
Dissolution and Termination of the Trust. The Trust shall dissolve upon, and only upon, the distribution to the Holders of all liquidating distributions received by the Trust on the UpDown-MACRO Holding Shares in connection with a termination of the UpDown-MACRO Holding Trust pursuant to Section 11.2 of the UpDown-MACRO Holding Trust Agreement.
Appears in 1 contract
