U.S. Partnership Tax Treatment. It is the intent of the Holders and the Depositor that the Up Trust be governed by the applicable provisions of Subchapter K, of Chapter 1, of the Code. The Depositor may file such forms and make such elections as the Depositor deems appropriate to effect such intent.
Appears in 10 contracts
Samples: Trust Agreement, Trust Agreement (MacroShares $100 Oil Up Trust), Trust Agreement (Macro Inflation Depositor, LLC)
U.S. Partnership Tax Treatment. It is the intent of the Holders and the Depositor that the Up Down Trust be governed by the applicable provisions of Subchapter K, of Chapter 1, of the Code. The Depositor may file such forms and make such elections as the Depositor deems appropriate to effect such intent.
Appears in 7 contracts
Samples: Trust Agreement (MacroShares $100 Oil Down Trust), Trust Agreement (MacroShares Major Metro Housing Down Trust), Trust Agreement (MACRO Securities Depositor, LLC)