Common use of Establishment of the Fee Payment Account Clause in Contracts

Establishment of the Fee Payment Account. (a) The Trustee shall establish and maintain in the name of the Trustee, on behalf of the Down Trust, an Eligible Deposit Account bearing a designation that the funds deposited therein are held for the benefit of the Depositor (the "Fee Payment Account").

Appears in 7 contracts

Samples: Trust Agreement (MacroShares $100 Oil Down Trust), Trust Agreement (MacroShares Major Metro Housing Down Trust), Trust Agreement (MacroShares Major Metro Housing Down Trust)

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