Holding Share definition
Examples of Holding Share in a sentence
Each Up-MACRO Holding Share represents an undivided beneficial interest in the Up-MACRO Holding Trust and the Beneficial Owner thereof is entitled to receive distributions on such Up-MACRO Holding Share on the dates and in the amounts specified in Section 5.2 from assets on deposit in the Up-MACRO Holding Trust.
Each Beneficial Owner of a Down-MACRO Holding Share shall be deemed to represent and warrant, by virtue of acquiring an interest in the Down-MACRO Holding Shares, that it is an entity that is described in one of the foregoing clauses (i), (ii) or (iii).
Each Beneficial Owner of an Up-MACRO Holding Share shall be deemed to represent and warrant, by virtue of acquiring an interest in the Up-MACRO Holding Shares, that it is an entity that is described in one of the foregoing clauses (i), (ii) or (iii).
None of the Trustee, the Administrative Agent and the Depositor shall be liable to any Person by reason of the rejection of any Creation Order or Holding Share Deposit.
Each Down-MACRO Holding Share represents an undivided beneficial interest in the Down-MACRO Holding Trust and the Beneficial Owner thereof is entitled to receive distributions on such Down-MACRO Holding Share on the dates and in the amounts specified in Section 5.2 from assets on deposit in the Down-MACRO Holding Trust.
Any purported purchase or transfer of an Up-MACRO Holding Share or a Down-MACRO Holding Share to a Benefit Plan Investor shall be null and void ab initio.
The Trustee shall maintain books on which the registered ownership of each Up-MACRO Holding Share and transfers, if any, of such registered ownership shall be recorded.
The Trustee shall maintain books on which the registered ownership of each Down-MACRO Holding Share and transfers, if any, of such registered ownership shall be recorded.
At the option of a Holder, Up-MACRO Holding Shares may be registered for transfer at any office or agency of the Transfer Agent and Registrar maintained for such purpose, upon presentation of an ownership Certificate of an Up-MACRO Holding Share by the Holder to be registered for transfer or exchanged.
If, during the continuance of an Event of Default (unless such Event of Default is subsequently cured or waived with the concurrence of the Agent or the Security Agent, AMD Inc., and AMD Saxonia), and following the exercise of rights by the Agent or the Security Agent under either the AMD Holding Share Pledge Agreement, the AMD Inc.