No Deficit Makeup. Notwithstanding anything herein to the contrary, upon the liquidation of the Up Trust, no Holder shall be required to make any contribution to the Up Trust in respect of any deficit in such Holder's Capital Account.
Appears in 10 contracts
Samples: Trust Agreement, Trust Agreement (MacroShares $100 Oil Up Trust), Trust Agreement (MACRO Securities Depositor, LLC)
No Deficit Makeup. Notwithstanding anything herein to the contrary, upon the liquidation of the Up Down Trust, no Holder shall be required to make any contribution to the Up Down Trust in respect of any deficit in such Holder's Capital Account.
Appears in 7 contracts
Samples: Trust Agreement (MACRO Securities Depositor, LLC), Trust Agreement (MacroShares $100 Oil Down Trust), Macroshares Major Metro Housing Down Trust Agreement (MacroShares Major Metro Housing Down Trust)
