Common use of Liabilities; Indemnification Clause in Contracts

Liabilities; Indemnification. (a) Notwithstanding the other provisions of this Trust Agreement, the Depositor, by entering into this Trust Agreement, agrees to be liable, directly to the injured party, for the entire amount of any loss, liability, expense, damage or injury (collectively, a "Loss") (other than those incurred by a Holder as a result of the performance of the Eligible Treasuries, market fluctuations, the level of the Applicable Reference Price of Crude Oil or other similar market or investment risks associated with ownership of the Up MacroShares) arising out of any allegation of infringement of the intellectual property rights of third parties. If the Trust Assets at the time the claim is made were not previously used to pay in full all Outstanding Up MacroShares, the Trust Assets would be used to pay any such Loss.

Appears in 4 contracts

Samples: Trust Agreement (MacroShares Major Metro Housing Up Trust), Trust Agreement (MACRO Securities Depositor, LLC), Trust Agreement (MacroShares $100 Oil Up Trust)

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Liabilities; Indemnification. (a) Notwithstanding the other provisions of this Trust Agreement, the Depositor, by entering into this Trust Agreement, agrees to be liable, directly to the injured party, for the entire amount of any loss, liability, expense, damage or injury (collectively, a "Loss") (other than those incurred by a Holder as a result of the performance of the Eligible Treasuries, market fluctuations, the level of the Applicable Reference Price of Crude Oil or other similar market or investment risks associated with ownership of the Up Down MacroShares) arising out of any allegation of infringement of the intellectual property rights of third parties. If the Trust Assets at the time the claim is made were not previously used to pay in full all Outstanding Up Down MacroShares, the Trust Assets would be used to pay any such Lossloss.

Appears in 3 contracts

Samples: Trust Agreement (MacroShares $100 Oil Down Trust), Trust Agreement (MacroShares $100 Oil Down Trust), Trust Agreement (MACRO Securities Depositor, LLC)

Liabilities; Indemnification. (a) Notwithstanding the other provisions of this Trust Agreement, the Depositor, by entering into this Trust Agreement, agrees to be liable, directly to the injured party, for the entire amount of any loss, liability, expense, damage or injury (collectively, a "Loss") (other than those incurred by a Holder as a result of the performance of the Eligible Treasuries, market fluctuations, the level of the Applicable Reference Price of Crude Oil or other similar market or investment risks associated with ownership of the Up MacroShares) arising out of any allegation of infringement of the intellectual property rights of third parties. If the Trust Assets at the time the claim is made were not previously used to pay in full all Outstanding Up MacroShares, the Trust Assets would be used to pay any such Losslosses, claims, damages or liabilities.

Appears in 2 contracts

Samples: Trust Agreement, Trust Agreement (MacroShares $100 Oil Up Trust)

Liabilities; Indemnification. (a) Notwithstanding the other provisions of this Trust Agreement, the Depositor, by entering into this Trust Agreement, agrees to be liable, directly to the injured party, for the entire amount of any loss, liability, expense, damage or injury (collectively, a "Loss") (other than those incurred by a Holder as a result of the performance of the Eligible Treasuries, market fluctuations, the level of the Applicable Reference Price Value of Crude Oil the Index or other similar market or investment risks associated with ownership of the Up MacroShares) arising out of any allegation of infringement of the intellectual property rights of third parties. If the Trust Assets at the time the claim is made were not previously used to pay in full all Outstanding Up MacroShares, the Trust Assets would be used to pay any such Loss.

Appears in 2 contracts

Samples: Trust Agreement (MacroShares Housing Depositor, LLC), Trust Agreement (MacroShares Major Metro Housing Up Trust)

Liabilities; Indemnification. (a) Notwithstanding the other provisions of this Trust Agreement, the Depositor, by entering into this Trust Agreement, agrees to be liable, directly to the injured party, for the entire amount of any loss, liability, expense, damage or injury (collectively, a "Loss") (other than those incurred by a Holder as a result of the performance of the Eligible Treasuries, market fluctuations, the level of the Applicable Reference Price Value of Crude Oil the Index or other similar market or investment risks associated with ownership of the Up Down MacroShares) arising out of any allegation of infringement of the intellectual property rights of third parties. If the Trust Assets at the time the claim is made were not previously used to pay in full all Outstanding Up Down MacroShares, the Trust Assets would be used to pay any such Loss.

Appears in 2 contracts

Samples: Trust Agreement (MacroShares Housing Depositor, LLC), Trust Agreement (MacroShares Major Metro Housing Down Trust)

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Liabilities; Indemnification. (a) Notwithstanding the other provisions of this Trust Agreement, the Depositor, by entering into this Trust Agreement, agrees to be liable, directly to the injured party, for the entire amount of any loss, liability, expense, damage or injury (collectively, a "Loss") (other than those incurred by a Holder as a result of the performance of the Eligible Treasuries, market fluctuations, the level of the Applicable Reference Price of Crude Oil or other similar market or investment risks associated with ownership of the Up Down MacroShares) arising out of any allegation of infringement of the intellectual property rights of third parties. If the Trust Assets at the time the claim is made were not previously used to pay in full all Outstanding Up Down MacroShares, the Trust Assets would be used to pay any such Losslosses, claims, damages or liabilities.

Appears in 1 contract

Samples: Trust Agreement (MacroShares $100 Oil Down Trust)

Liabilities; Indemnification. (a) Notwithstanding the other provisions of this Trust Agreement, the Depositor, by entering into this Trust Agreement, agrees to be liable, directly to the injured party, for the entire amount of any loss, liability, expense, damage or injury (collectively, a "Loss") (other than those incurred by a Holder as a result of the performance of the Eligible Treasuries, market fluctuations, the level of the Applicable Reference Price of Crude Oil or other similar market or investment risks associated with ownership of the Up Down MacroShares) arising out of any allegation of infringement of the intellectual property rights of third parties. If the Trust Assets at the time the claim is made were not previously used to pay in full all Outstanding Up Down MacroShares, the Trust Assets would be used to pay any such Loss.

Appears in 1 contract

Samples: Trust Agreement (MacroShares Major Metro Housing Down Trust)

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