MACRO Licensing Agreement with MacroMarkets. On the Closing Date, the Trustee shall enter into the MACRO Licensing Agreement with MacroMarkets. Under such licensing agreement, MacroMarkets shall be entitled to the receipt of the Up-MACRO Licensing Fee. The Trustee, on behalf of the Up-MACRO Holding Trust, shall pay to MacroMarkets the Up-MACRO Licensing Fee in arrears on each Distribution Date from the Up-MACRO Fees.
Appears in 2 contracts
Samples: Trust Agreement (MACRO Securities Depositor, LLC), Trust Agreement (MACRO Securities Depositor, LLC)
MACRO Licensing Agreement with MacroMarkets. On the Closing Date, the Trustee Trust shall enter into the MACRO Licensing Agreement with MacroMarkets. Under such licensing agreement, MacroMarkets shall be entitled to the receipt of the Up-MACRO Licensing Fee. The Trustee, on behalf of the Up-MACRO Holding Trust, shall pay to MacroMarkets the Up-MACRO Licensing Fee in arrears on each Distribution Date from the Up-MACRO Feesin accordance with Section 5.4 hereof.
Appears in 2 contracts
Samples: Trust Agreement (MACRO Securities Depositor, LLC), Trust Agreement (MACRO Securities Depositor, LLC)
MACRO Licensing Agreement with MacroMarkets. On the Closing Date, the Trustee shall enter into the MACRO Licensing Agreement with MacroMarkets. Under such licensing agreement, MacroMarkets shall be entitled to the receipt of the UpDown-MACRO Licensing Fee. The Trustee, on behalf of the UpDown-MACRO Holding Trust, shall pay to MacroMarkets the UpDown-MACRO Licensing Fee in arrears on each Distribution Date from the UpDown-MACRO Fees.
Appears in 2 contracts
Samples: Trust Agreement (MACRO Securities Depositor, LLC), Trust Agreement (MACRO Securities Depositor, LLC)
MACRO Licensing Agreement with MacroMarkets. On the Closing Date, the Trustee shall enter into the MACRO Licensing Agreement with MacroMarkets. Under such licensing agreement, MacroMarkets shall be entitled to the receipt of the UpDown-MACRO Licensing Fee. The Trustee, on behalf of the UpDown-MACRO Holding Trust, shall pay to MacroMarkets the UpDown-MACRO Licensing Fee in arrears on each Distribution Date from the Up-MACRO Feesin accordance with Section 5.4 hereof.
Appears in 1 contract