Common use of Payments under the Settlement Contracts Clause in Contracts

Payments under the Settlement Contracts. (a) On the Final Scheduled Termination Date or an Early Termination Date, in accordance with priority third of Section 5.2(a) and the terms of the Settlement Contracts, the Trustee shall, on the related Distribution Payment Date, cause the Up-MACRO Holding Trust to make the Up-MACRO Settlement Payment to the Down-MACRO Holding Trust from amounts on deposit in the Distribution Account if any such payment is owed by the Up-MACRO Holding Trust with respect to the related Distribution Date, as calculated pursuant to Section 4.3(b) hereof. On each Redemption Date, the Trustee, as instructed by the Administrative Agent, shall cause the Up-MACRO Holding Trust to make an Up-MACRO Settlement Payment, if any such payment is due under the Settlement Contracts being settled on such Redemption Date.

Payments under the Settlement Contracts. (a) On the Final Scheduled Termination Date or an Early Termination Date, in accordance with priority third of Section 5.2(a) and the terms of the Settlement Contracts, the Trustee shall, on the related Distribution Payment Date, cause the UpDown-MACRO Holding Trust to make the UpDown-MACRO Settlement Payment to the DownUp-MACRO Holding Trust from amounts on deposit in the Distribution Account if any such payment is owed by the UpDown-MACRO Holding Trust with respect to the related Distribution Date, as calculated pursuant to Section 4.3(b) hereof. On each Redemption Date, the Trustee, as instructed by the Administrative Agent, shall cause the UpDown-MACRO Holding Trust to make an Upa Down-MACRO Settlement Payment, if any such payment is due under the Settlement Contracts being settled on such Redemption Date.

Payments under the Settlement Contracts. (a) On the Final Scheduled Termination Date or Date, an Early Termination Date or any Redemption Date occurring on a Distribution Date, in accordance with priority third of Section 5.2(a) and the terms of the Settlement Contracts, the Trustee shall, on the related Distribution Payment Date, cause the Up-MACRO Holding Trust to make the Up-MACRO Settlement Payment Payment, if any, to the Down-MACRO Holding Trust from amounts on deposit in the Distribution Account if any such payment is owed by the Up-MACRO Holding Trust with respect to the related Distribution Date, as calculated pursuant to Section 4.3(b) hereofAccount. On each any Redemption Date occurring on any day other than a Distribution Date, the Trustee, as instructed by the Administrative Agent, shall cause the Up-MACRO Holding Trust to deliver Treasuries in accordance with Section 5.2(c) and the terms of the Settlement Contracts to make an Up-MACRO Settlement Payment, if any such payment is any, due under the Settlement Contracts being settled on such Redemption Date.

Payments under the Settlement Contracts. (a) On the Final Scheduled Termination Date or Date, an Early Termination Date or any Redemption Date occurring on a Distribution Date, in accordance with priority third of Section 5.2(a) and the terms of the Settlement Contracts, the Trustee shall, on the related Distribution Payment Date, cause the UpDown-MACRO Holding Trust to make the UpDown-MACRO Settlement Payment Payment, if any, to the DownUp-MACRO Holding Trust from amounts on deposit in the Distribution Account if any such payment is owed by the Up-MACRO Holding Trust with respect to the related Distribution Date, as calculated pursuant to Section 4.3(b) hereofAccount. On each any Redemption Date occurring on any day other than a Distribution Date, the Trustee, as instructed by the Administrative Agent, shall cause the UpDown-MACRO Holding Trust to deliver Treasuries in accordance with Section 5.2(c) and the terms of the Settlement Contracts to make an UpDown-MACRO Settlement Payment, if any such payment is any, due under the Settlement Contracts being settled on such Redemption Date.