FOURTH AMENDED AND RESTATED OPERATING AGREEMENT OF MACRO SECURITIES DEPOSITOR, LLC (a Delaware Limited Liability Company) by MACROMARKETS LLC, as the sole Member dated as of August 27th, 2007Operating Agreement • August 31st, 2007 • Claymore MACROshares Oil Down Holding Trust • Asset-backed securities • Delaware
This Fourth Amended and Restated Operating Agreement, (as further amended, supplemented or otherwise modified and in effect from time to time, the "Agreement") of MACRO Securities Depositor, LLC, a Delaware limited liability company (the "Company"), is made as of this 27th day of August 2007 by MacroMarkets LLC, a Delaware limited liability company ("MM"), as the sole member of the Company (a "Member" and, together with any other entity that may from time to time become a member of the Company, the "Members").
MACRO SECURITIES DEPOSITOR, LLC, as Depositor, STATE STREET BANK AND TRUST COMPANY (as successor to Investors Bank & Trust Company), as Trustee, CLAYMORE SECURITIES, INC., as the Administrative Agent and MACRO FINANCIAL, LLC, as the Marketing Agent...Trust Agreement • August 31st, 2007 • Claymore MACROshares Oil Down Holding Trust • Asset-backed securities • New York
This AMENDED AND RESTATED TRUST AGREEMENT, dated as of August 27, 2007 (this "Trust Agreement"), is hereby entered into among MACRO SECURITIES DEPOSITOR, LLC, a Delaware limited liability company, as depositor (the "Depositor"), STATE STREET BANK AND TRUST COMPANY (as successor to Investors Bank & Trust Company), not in its individual capacity but solely as trustee (the "Trustee"), CLAYMORE SECURITIES, INC., not in its individual capacity but solely as administrative agent (in such capacity, the "Administrative Agent"), and MACRO FINANCIAL, LLC, as marketing agent (in such capacity, the "Marketing Agent").
MACRO SECURITIES DEPOSITOR, LLC, as Depositor, STATE STREET BANK AND TRUST COMPANY, (as successor to Investors Bank & Trust Company), as Trustee, CLAYMORE SECURITIES, INC., as the Administrative Agent and MACRO FINANCIAL, LLC, as the Marketing Agent...Trust Agreement • August 31st, 2007 • Claymore MACROshares Oil Down Holding Trust • Asset-backed securities • New York
This SECOND AMENDED AND RESTATED TRUST AGREEMENT, dated as of August 27, 2007 (this "Trust Agreement"), is hereby entered into among MACRO SECURITIES DEPOSITOR, LLC, a Delaware limited liability company, as depositor (the "Depositor"), STATE STREET BANK AND TRUST COMPANY, (as successor to Investors Bank & Trust Company), not in its individual capacity but solely as trustee (the "Trustee"), CLAYMORE SECURITIES, INC., not in its individual capacity but solely as administrative agent (in such capacity, the "Administrative Agent"), and MACRO FINANCIAL, LLC, not in its individual capacity but solely as marketing agent (in such capacity, the "Marketing Agent").
MACRO SECURITIES DEPOSITOR, LLC, as Depositor, STATE STREET BANK AND TRUST COMPANY (as successor to Investors Bank & Trust Company), as Trustee, CLAYMORE SECURITIES, INC., as the Administrative Agent and MACRO FINANCIAL, LLC, as the Marketing Agent...Trust Agreement • August 31st, 2007 • Claymore MACROshares Oil Down Holding Trust • Asset-backed securities • New York
This AMENDED AND RESTATED TRUST AGREEMENT, dated as of August 27, 2007 (this "Trust Agreement"), is hereby entered into among MACRO SECURITIES DEPOSITOR, LLC, a Delaware limited liability company, as depositor (the "Depositor"), STATE STREET BANK & TRUST COMPANY (as successor to Investors Bank & Trust Company), not in its individual capacity but solely as trustee (the "Trustee"), CLAYMORE SECURITIES, INC., not in its individual capacity but solely as administrative agent (in such capacity, the "Administrative Agent"), and MACRO FINANCIAL, LLC, as marketing agent (in such capacity, also the "Marketing Agent").
MACRO SECURITIES DEPOSITOR, LLC, as Depositor, STATE STREET BANK AND TRUST COMPANY (as successor to Investors Bank & Trust Company), as Trustee, CLAYMORE SECURITIES, INC., as the Administrative Agent and MACRO FINANCIAL, LLC, as the Marketing Agent...And Restated Trust Agreement • August 31st, 2007 • Claymore MACROshares Oil Down Holding Trust • Asset-backed securities • New York
This SECOND AMENDED AND RESTATED TRUST AGREEMENT, dated as of August 27, 2007 (this "Trust Agreement"), is hereby entered into among MACRO SECURITIES DEPOSITOR, LLC, a Delaware limited liability company, as depositor (the "Depositor"), STATE STREET BANK AND TRUST COMPANY (as successor to Investors Bank & Trust Company), not in its individual capacity but solely as trustee (the "Trustee"), CLAYMORE SECURITIES, INC., not in its individual capacity but solely as administrative agent (in such capacity, the "Administrative Agent"), and MACRO FINANCIAL, LLC, not in its individual capacity but solely as marketing agent (in such capacity, the "Marketing Agent").
