Common use of Redemptions on Early Termination Date and Final Scheduled Termination Date Clause in Contracts

Redemptions on Early Termination Date and Final Scheduled Termination Date. On any Distribution Date that is an Early Termination Date, as determined pursuant to Section 11.2, or the Final Scheduled Termination Date, the Trustee shall redeem all of the Up-MACRO Holding Shares that are Outstanding on such Distribution Date using the funds that are on deposit in the Distribution Account, as specified in priority third of Section 5.2(a).

Redemptions on Early Termination Date and Final Scheduled Termination Date. On any Distribution Date that is an Early Termination Date, as determined pursuant to Section 11.2, or the Final Scheduled Termination Date, the Trustee shall redeem all of the UpDown-MACRO Holding Shares that are Outstanding on such Distribution Date using the funds that are on deposit in the Distribution Account, as specified in priority third of Section 5.2(a).

Redemptions on Early Termination Date and Final Scheduled Termination Date. On any Distribution Date that is an Early Termination Date, as determined pursuant to Section 11.211.1, or the Final Scheduled Termination Date, the Trustee shall redeem all of the Up-MACRO Holding Shares that are Outstanding on such Distribution Date at their Up-MACRO Per Share Underlying Value, using the funds that are on deposit in the Distribution Account, as specified in priority third of Section 5.2(a).

Redemptions on Early Termination Date and Final Scheduled Termination Date. On any Distribution Date that is an Early Termination Date, as determined pursuant to Section 11.211.1, or the Final Scheduled Termination Date, the Trustee shall redeem all of the UpDown-MACRO Holding Shares that are Outstanding on such Distribution Date at their Down-MACRO Per Share Underlying Value, using the funds that are on deposit in the Distribution Account, as specified in priority third of Section 5.2(a).