Common use of No Deficit Makeup Clause in Contracts

No Deficit Makeup. Notwithstanding anything herein to the contrary, upon the liquidation of the Up-MACRO Holding Trust, no Holder shall be required to make any contribution to the Up-MACRO Holding Trust in respect of any deficit in such Holder's Capital Account.

Appears in 17 contracts

Samples: Trust Agreement (Claymore MACROshares Oil Down Holding Trust), Trust Agreement (Claymore MACROshares Oil Up Holding Trust), Trust Agreement (Claymore MACROshares Oil Up Tradeable Trust)

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No Deficit Makeup. Notwithstanding anything herein to the contrary, upon the liquidation of the UpDown-MACRO Holding Trust, no Holder shall be required to make any contribution to the UpDown-MACRO Holding Trust in respect of any deficit in such Holder's Capital Account.

Appears in 13 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)

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No Deficit Makeup. Notwithstanding anything herein to the contrarycontra ry, upon the liquidation of the UpDown-MACRO Holding Trust, no Holder shall be required to make any contribution to the UpDown-MACRO Holding Trust in respect of any deficit in such Holder's Capital Account.

Appears in 2 contracts

Samples: Trust Agreement (MACRO Securities Depositor, LLC), Trust Agreement (MACRO Securities Depositor, LLC)

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