MACRO Securities definition

MACRO Securities means (i) the Up-MACRO Holding Shares, (ii) the Down-MACRO Holding Shares, (iii) the Up-MACRO Tradeable Shares and (iv) the Down-MACRO Tradeable Shares.
MACRO Securities means (i) the Claymore MACROshares Oil Up and Oil Down shares issued by, respectively, the Claymore MACROshares Oil Up Holding Trust and the Claymore MACROshares Oil Down Holding Trust, and (ii) any other securities issued by a trust controlled by any Permitted Sublicensee and for which any Permitted Sublicensee under this Agreement acts as the depositor, which securities are linked to any Market Data.
MACRO Securities means any security that issues a paired share of up exposure and down exposure to any index, asset, asset class or cash flow.

Examples of MACRO Securities in a sentence

  • The representations, undertakings and agreements made on the part of the Trust in this Certificate are made and intended not as personal representations, undertakings and agreements by MACRO Securities Depositor, LLC but are made and intended for the purpose of binding only the Trust.

  • MACRO Securities Depositor, LLC, as Depositor, has caused this Certificate to be duly executed.

  • Nothing in this Certificate shall be construed as creating any liability on MACRO Securities Depositor, LLC individually or personally, to fulfill any representation, undertaking or agreement other than as provided in the Agreement or this Certificate.

  • This Certificate, is executed and delivered by MACRO Securities Depositor, LLC as the Depositor in the exercise of the powers and authority conferred and vested in it by the Agreement.

  • Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ If to the Marketing Agent, to: MACRO Securities Depositor, LLC ▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ #▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, III Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ With a copy to: Skadden, Arps, Slate, ▇▇▇▇▇▇▇ & ▇▇▇▇ LLP ▇▇▇▇ ▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇, Esq.

  • This Certificate, is executed and delivered by MACRO Securities Depositor, LLC as the Depositor in the exercise of the powers and authority conferred upon and vested in it by the Agreement.

  • The name of the limited liability company will be "MACRO Securities Depositor, LLC." The business of the Company will be carried on in such name with variations and changes as the Board of Managers will determine or deem necessary to comply with requirements of the jurisdictions in which the Company's operations are conducted.

  • The Receiver may disclose the Confidential Information only to such of its employees, Affiliates, agents and service providers who have a need to know such information in order to help the Receiver in issuing the MACRO Securities or exercising its rights in accordance with the terms of this Sublicense Agreement.

  • All notices shall be directed as follows: If to the Trustee: INVESTORS BANK & TRUST COMPANY ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: MACROshares Transfer Agent Copy to: ▇▇▇▇▇▇ ▇▇▇▇▇ Telephone: (▇▇▇) ▇▇▇-▇▇▇▇ Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ If to the Depositor: MACRO Securities Depositor, LLC ▇▇ ▇▇▇▇▇ ▇▇▇▇ ▇▇▇▇▇ #▇ ▇▇▇▇▇, ▇▇ ▇▇▇▇▇ Attention: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇, III Telephone: (888) MACROS1 Facsimile: (▇▇▇) ▇▇▇-▇▇▇▇ If to the Administrative Agent: CLAYMORE SECURITIES, INC.

  • Receiver may disclose Confidential Information only to such of its employees, Affiliates, agents and service providers who have a need to know such information in order to help Receiver in issuing MACRO Securities or exercising its rights in accordance with the terms of this Agreement.


More Definitions of MACRO Securities

MACRO Securities means (i) the Light Sweet Crude Oil Up-MACRO Tradeable Shares and Light Sweet Crude Oil Down-MACRO Tradeable Shares issued by the MACROShares Up Oil Benchmark Tradeable Trust and the MACROShares Down Oil Benchmark Tradeable Trust, respectively, and (ii) the Light Sweet Crude Oil Up-MACRO Holding Shares and Light Sweet Crude Oil Down-MACRO Holding Shares issued by the MACROShares Up Oil Benchmark Holding Trust and the MACROShares Down Oil Benchmark Tradeable Trust, respectively.

Related to MACRO Securities

  • ▇▇▇▇▇ Fargo Securities means ▇▇▇▇▇ Fargo Securities, LLC.

  • NIM Securities Any debt securities secured or otherwise backed by some or all of the Class X and Class P Certificates that are rated by one or more Rating Agencies.

  • Portfolio Securities or "investments" of the Series shall mean, respectively, such assets, net assets, securities, portfolio securities or investments which are from time to time under the management of the Subadviser pursuant to this Agreement.

  • Lock-Up Securities has the meaning assigned to such term in Section 3.5.

  • ETP Securities means the Series of ETP Securities to which these Conditions relates or, as the context may require, any or all securities issued by the Issuer under the Programme.