Establishment of the Distribution Account. (a) The Trustee shall establish and maintain in the name of the Trustee, on behalf of the Up-MACRO Tradeable Trust and for the benefit of the Holders of the Up-MACRO Tradeable Shares, an Eligible Deposit Account bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Holders of the Up-MACRO Tradeable Shares (the "Distribution Account").
Appears in 13 contracts
Samples: Trust Agreement (Claymore MACROshares Oil Up Holding Trust), Trust Agreement (Claymore MACROshares Oil Up Tradeable Trust), And Restated Trust Agreement (Claymore MACROshares Oil Down Holding Trust)
Establishment of the Distribution Account. (a) The Trustee shall establish and maintain in the name of the Trustee, on behalf of the Up-MACRO Tradeable Holding Trust and for the benefit of the Holders of the Up-MACRO Tradeable Holding Shares, an Eligible Deposit Account bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Holders of the Up-MACRO Tradeable Holding Shares (the "Distribution Account").
Appears in 13 contracts
Samples: Trust Agreement (Claymore MACROshares Oil Up Tradeable Trust), Trust Agreement (Claymore MACROshares Oil Down Holding Trust), Trust Agreement (Claymore MACROshares Oil Up Holding Trust)
Establishment of the Distribution Account. (a) The Trustee shall establish and maintain in the name of the Trustee, on behalf of the UpDown-MACRO Tradeable Trust and for the benefit of the Holders of the UpDown-MACRO Tradeable Shares, an Eligible Deposit Account bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Holders of the UpDown-MACRO Tradeable Shares (the "Distribution Account").
Appears in 12 contracts
Samples: Trust Agreement (MACROshares Oil Down Holding Trust), Trust Agreement (MACROshares Oil Up Tradeable Trust), Trust Agreement (Claymore MACROshares Oil Up Holding Trust)
Establishment of the Distribution Account. (a) The Trustee shall establish and maintain in the name of the Trustee, on behalf of the UpDown-MACRO Tradeable Holding Trust and for the benefit of the Holders of the UpDown-MACRO Tradeable Holding Shares, an Eligible Deposit Account bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Holders of the UpDown-MACRO Tradeable Holding Shares (the "Distribution Account").
Appears in 12 contracts
Samples: Trust Agreement (Claymore MACROshares Oil Down Holding Trust), Trust Agreement (Claymore MACROshares Oil Down Holding Trust), Trust Agreement (Claymore MACROshares Oil Down Holding Trust)
Establishment of the Distribution Account. (a) The Trustee Trustee, for the benefit of the Holders of the Up-MACRO Holding Shares, shall establish and maintain in the name of the Trustee, on behalf of the Up-MACRO Tradeable Trust and for the benefit of the Holders of the Up-MACRO Tradeable SharesHolding Trust, an Eligible Deposit Account bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Holders of the Up-MACRO Tradeable Holding Shares (the "Distribution Account").
Appears in 4 contracts
Samples: Trust Agreement (MACRO Securities Depositor, LLC), Trust Agreement (MACRO Securities Depositor, LLC), Trust Agreement (MACRO Securities Depositor, LLC)
Establishment of the Distribution Account. (a) The Trustee Trustee, for the benefit of the Holders of the Down-MACRO Holding Shares, shall establish and maintain in the name of the Trustee, on behalf of the UpDown-MACRO Tradeable Trust and for the benefit of the Holders of the Up-MACRO Tradeable SharesHolding Trust, an Eligible Deposit Account bearing a designation clearly indicating that the funds deposited therein are held for the benefit of the Holders of the UpDown-MACRO Tradeable Holding Shares (the "Distribution Account").
Appears in 3 contracts
Samples: Trust Agreement (MACRO Securities Depositor, LLC), Trust Agreement (MACRO Securities Depositor, LLC), Trust Agreement (MACRO Securities Depositor, LLC)
