MACRO Shares definition

MACRO Shares means, as the context requires, any or all of the Up-MACRO Holding Shares, the Down-MACRO Holding Shares, the Up-MACRO Tradeable Shares or the Down-MACRO Tradeable Shares, as applicable.
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Examples of MACRO Shares in a sentence

  • This will allow an Authorized Participant through its Authorized Person(s) to place Creation Order(s), Redemption Order(s) or Exchange Order(s) for MACRO Shares.

  • The Authorized Participant shall be responsible for all costs and expenses relating to or connected with any transfer of MACRO Shares or Eligible Treasuries between its designated account and the Netting Account or the Securities Account of the applicable MACRO Trust.

  • Because new MACRO Shares can be created and issued on an ongoing basis, on every Business Day, at any point during the life of the MACRO Trusts, a "distribution," as such term is used in the Securities Act of 1933, as amended ("Securities Act"), may be occurring.

  • The MACRO Shares will be created on a net basis daily with respect to all Orders received from all Authorized Participants on such date.

  • Any transfer of MACRO Shares shall be conducted through the Deposit and Withdrawal At Custodian process (the "DWAC process") of the DTC system.

  • The Authorized Participant shall be responsible for all costs and expenses relating to or connected with any transfer of MACRO Shares or Treasuries between its designated account and the Securities Account of the applicable MACRO Trust.

  • This will allow an Authorized Participant through its Authorized Person(s) to place Creation Order(s), Exchange Order(s) or Redemption Order(s) for MACRO Shares.

  • Because new MACRO Shares can be created and issued on an ongoing basis, at any point during the life of the MACRO Trusts, a "distribution," as such term is used in the Securities Act of 1933, as amended ("Securities Act"), may be occurring.

  • Any transfer of MACRO Shares or Eligible Treasuries shall be conducted through the Deposit and Withdrawal At Custodian process (the "DWAC process") of the DTC system.

Related to MACRO Shares

  • Purchaser Shares means the common shares in the capital of the Purchaser.

  • Amalco Shares means the common shares in the capital of Amalco;

  • Buyer Shares means the common stock, with a par value of $0.0001 per share, of Buyer.

  • Subscribed Shares means, as of any date of determination, the Subscribed Shares (as defined in the recitals to this Subscription Agreement) and any other equity security issued or issuable with respect to the Subscribed Shares by way of stock split, dividend, distribution, recapitalization, merger, exchange, or replacement, and (ii) “Subscriber” shall include any person to which the rights under this Section 5 shall have been duly assigned.

  • Acquired Shares has the meaning set forth in the Recitals.

  • Subscriber Shares means the Shares which the subscribers to the Instrument of the ICAV agree to subscribe for as more particularly hereinafter set forth after their names.

  • Holdco Shares means the ordinary shares of HoldCo with a par value of US$0.0001 per share.

  • Initial Shares means all of the outstanding shares of Common Stock issued prior to the consummation of the Company’s initial public offering.

  • VMTP Shares means Variable Rate MuniFund Term Preferred Shares, $0.00001 par value per share, liquidation preference $100,000 per share plus an amount equal to accumulated but unpaid dividends thereon (whether or not earned or declared), of the Trust. The preferences, voting powers, restrictions, limitations as to dividends, qualifications, and terms and conditions of redemption of each series of VMTP Shares are set forth in the VMTP Shares Statement.

  • Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.

  • Subco Shares means the common shares in the capital of Subco;

  • Subscription Shares has the meaning ascribed to it in Section 2.1.

  • Parent Shares means the shares of common stock, par value $1.00 per share, of Parent.

  • Closing Shares shall have the meaning ascribed to such term in Section 2.1(a)(i).

  • Unit Shares means the Common Shares comprising part of the Units;

  • Merger Shares has the meaning set forth in Section 2.2(c).

  • Coop Shares Shares issued by a Cooperative Corporation.

  • Purchased Shares has the meaning set forth in Section 2.01.

  • Sold Shares shall have the meaning specified in Section 6.

  • Net Shares means the number of shares of Common Stock which will be deposited in a brokerage account in the Grantee’s name at the Company’s designated broker after shares have been withheld to satisfy applicable tax and withholding requirements upon vesting of the Restricted Stock Units.

  • Purchaser Warrants means Purchaser Private Warrants and Purchaser Public Warrants, collectively.

  • ASA Shares has the meaning set forth in 2.4(a).

  • SpinCo Shares means the shares of common stock, par value $0.01 per share, of SpinCo.

  • B Shares means a participating share of no par value in the capital of the Fund, denominated in Euro(s);

  • Equity Shares means the Common Shares and any shares of any other class or series of the Corporation which may from time to time be authorized for issue if by their terms such shares confer on the holders thereof the right to participate in the distribution of assets upon the voluntary or involuntary liquidation, dissolution or winding up of the Corporation beyond a fixed sum or a fixed sum plus accrued dividends;