Common use of Outside Advisors Clause in Contracts

Outside Advisors. With regard to the matters covered by this Article 7, the Trustee may consult with counsel or other experts of its own selection, and the advice or opinion of such counsel and experts with respect to legal matters or advice within the scope of such experts' area of expertise shall be full and complete authorization and protection in respect of any action taken, suffered or omitted by it hereunder in good faith and in accordance with such advice or opinion; such counsel may be, but shall not be limited to, counsel to the Depositor or any of its Affiliates, and may include any of its employees. Any expenses or fees incurred as a result of the Trustee consulting with such experts shall be borne by the Up-MACRO Holding Trust as provided for in the Up-MACRO Holding Trust Agreement.

Outside Advisors. With regard to the matters covered by this Article 7, the Trustee may consult with counsel or other experts of its own selection, and the advice or opinion of such counsel and experts with respect to legal matters or advice within the scope of such experts' area of expertise shall be full and complete authorization and protection in respect of any action taken, suffered or omitted by it hereunder in good faith and in accordance with such advice or opinion; such counsel may be, but shall not be limited to, counsel to the Depositor or any of its Affiliates, and may include any of its employees. Any expenses or fees incurred as a result of the Trustee consulting with such experts shall be borne by the UpDown-MACRO Holding Trust as provided for in the UpDown-MACRO Holding Trust Agreement.