Common use of Suspension or Delay of Settlement Clause in Contracts

Suspension or Delay of Settlement. (a) The Administrative Agent shall suspend the right of redemption or creation, or postpone the date of settlement for any Paired Optional Redemption or any Paired Issuance of Paired Shares, (i) for any period during which the AMEX or NYMEX is closed, or trading is suspended or restricted; (ii) for any period during which an emergency exists as a result of which delivery or acquisition of Eligible Treasuries by the Paired Trusts is not reasonably practicable; (iii) if any such redemption would cause the Up or Down Investment Amount to equal less than 10 million dollars; and (iv) for such other period as the Depositor, the Trustee or the Administrative Agent determines to be necessary for the protection of the Beneficial Owners of any of the Paired Shares. None of the Depositor, the Trustee or the Administrative Agent will be liable to any Person for any loss or damages that may result from any such suspension or postponement.

Suspension or Delay of Settlement. (a) The Administrative Agent shall suspend the right of redemption or and/or creation, or postpone the date of settlement for any Paired Optional Redemption or any Paired Issuance of Paired Shares, (i) for any period during which the AMEX or NYMEX NYSE Arca is closed, or trading is suspended or restricted; (ii) for any period during which an emergency exists as a result of which delivery or acquisition of Eligible Treasuries by the Paired Trusts is not reasonably practicable; (iii) if any such redemption would cause the Down or Up or Down Investment Amount to equal less than 10 million dollars; and (iv) for such other period as the Depositor, the Trustee or the Administrative Agent determines to be necessary for the protection of the Beneficial Owners of any of the Paired Shares. None of the Depositor, the Trustee or the Administrative Agent will be liable to any Person for any loss or damages that may result from any such suspension or postponement.

Suspension or Delay of Settlement. (a) The Administrative Agent shall suspend the right of redemption or and/or creation, or postpone the date of settlement for any Paired Optional Redemption or any Paired Issuance of Paired Shares, (i) for any period during which the AMEX or NYMEX NYSE Arca is closed, or trading is suspended or restricted; (ii) for any period during which an emergency exists as a result of which delivery or acquisition of Eligible Treasuries by the Paired Trusts is not reasonably practicable; (iii) if any such redemption would cause the Up or Down Investment Amount to equal less than 10 million dollars; and (iv) for such other period as the Depositor, the Trustee or the Administrative Agent determines to be necessary for the protection of the Beneficial Owners of any of the Paired Shares. None of the Depositor, the Trustee or the Administrative Agent will be liable to any Person for any loss or damages that may result from any such suspension or postponement.

Suspension or Delay of Settlement. (a) The Administrative Agent shall suspend the right of redemption or creation, or postpone the date of settlement for any Paired Optional Redemption or any Paired Issuance of Paired Shares, (i) for any period during which the AMEX or NYMEX is closed, or trading is suspended or restricted; (ii) for any period during which an emergency exists as a result of which delivery or acquisition of Eligible Treasuries by the Paired Trusts is not reasonably practicable; (iii) if any such redemption would cause the Down or Up or Down Investment Amount to equal less than 10 million dollars; and (iv) for such other period as the Depositor, the Trustee or the Administrative Agent determines to be necessary for the protection of the Beneficial Owners of any of the Paired Shares. None of the Depositor, the Trustee or the Administrative Agent will be liable to any Person for any loss or damages that may result from any such suspension or postponement.

Suspension or Delay of Settlement. (a) The Administrative Agent shall suspend the right of redemption or creation, or postpone the date of settlement for any Paired Optional Redemption or any Paired Issuance of Paired Shares, (i) for any period during which the AMEX or NYMEX is closed, or trading is suspended or restricted; (ii) for any period during which an emergency exists as a result of which delivery or acquisition of Eligible Treasuries by the Paired Trusts is not reasonably practicable; (iii) if any such redemption would cause the Down or Up or Down Investment Amount to equal less than 10 million dollars; and (iv) for such other period as the Depositor, the Trustee or the Administrative Agent determines to be necessary for the protection of the Beneficial Owners of any of the Paired Shares. None of the Depositor, the Trustee or the Administrative Agent will be liable to any Person for any loss or damages that may result from any such suspension or postponement.

Suspension or Delay of Settlement. (a) The Administrative Agent shall suspend the right of redemption or creationredemption, or postpone the date of settlement for any Paired Optional Redemption or any Paired Issuance of Paired Shares, (i) for any period during which the AMEX or NYMEX is closed, or trading is suspended or restricted; (ii) for any period during which an emergency exists as a result of which delivery or acquisition of Eligible Treasuries by the Paired Trusts is not reasonably practicable; (iii) if any such redemption would cause the Up or Down Investment Amount to equal less than 10 million dollars; and (iv) for such other period as the Depositor, the Trustee or the Administrative Agent determines to be necessary for the protection of the Beneficial Owners of any of the Paired Shares. None of the Depositor, the Trustee or the Administrative Agent will be liable to any Person for any loss or damages that may result from any such suspension or postponement.

Suspension or Delay of Settlement. (a) The Administrative Agent shall suspend the right of redemption or creationredemption, or postpone the date of settlement for any Paired Optional Redemption or any Paired Issuance of Paired Shares, (i) for any period during which the AMEX or NYMEX NYSE is closed, or trading is suspended or restricted; (ii) for any period during which an emergency exists as a result of which delivery or acquisition of Eligible Treasuries by the Paired Trusts is not reasonably practicable; (iii) if any such redemption would cause the Up Up-MACRO or Down Investment Amount to equal less than 10 million dollars; and (iv) for such other period as the Depositor, the Trustee or the Administrative Agent determines to be necessary for the protection of the Beneficial Owners of any of the Paired Shares. None of the Depositor, the Trustee or the Administrative Agent will be liable to any Person for any loss or damages that may result from any such suspension or postponement.