MACRO Trusts definition

MACRO Trusts means, as the context requires, any or all of the Up-MACRO Holding Trust, the Down-MACRO Holding Trust, the Up-MACRO Tradeable Trust or the Down-MACRO Tradeable Trust, as applicable.
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MACRO Trusts means, as the context requires, either or both of the Up Trust and/or the Down Trust, as applicable.
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MACRO Trusts shall have the meaning set forth in the preamble.
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Examples of MACRO Trusts in a sentence

  • The trustee will not enter into any amendment or modification which would alter the status of the Trust as a grantor trust for federal income tax purposes or cause any of the MACRO Trusts to be required to register as an investment company under the Investment Company Act of 1940, as amended, or to be regulated as a commodity pool under the Commodity Exchange Act, as amended or which would change the calculation of underlying value.

  • The trustee will not enter into any amendment or modification which would alter the status of the Down MACRO Tradeable Trust as a grantor trust for federal income tax purposes or cause any of the MACRO Trusts to be required to register as an investment company under the Investment Company Act of 1940, as amended, or to be regulated as a commodity pool under the Commodity Exchange Act, as amended, or which would change the calculation of the Underlying Value.

  • The trustee will not enter into any amendment or modification which would alter the status of the Up MACRO Tradeable Trust as a grantor trust for federal income tax purposes or cause any of the MACRO Trusts to be required to register as an investment company under the Investment Company Act of 1940, as amended, or to be regulated as a commodity pool under the Commodity Exchange Act, as amended or which would change the calculation of underlying value.

  • Unless otherwise notified in writing, all notices to any MACRO Trusts shall be given or sent to the Administrative Agent, with copies to the Trustee.

  • 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.

  • 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.

  • If to the Licensor: MACRO Securities Depositor, LLC, 14 Main Street, Suite 100 Madison, New Jersey 07940 Xxxxxxxxx: Xxxxxx Xxxxxxx Xx xx the Licensees: [ ] on behalf of each of the MACRO Trusts [ ] [ ] Attention: [ ] If to the NYMEX: New York Mercantile Exchange, Inc.

  • If to the Sublicensees: Xnvestors Bank & Trust Company on behalf of each of the MACRO Trusts 200 Clarendon Street Boston, Massachusetts 02116 (610) 000-0000 Xxxxxxxxx: Xxxxxxy McGowan Xx xo the NYMEX: Xxx Xxxx Xxxxxntile Exchange, Inc.

  • If to the Sublicensees: Investors Bank & Trust Company on behalf of each of the MACRO Trusts 200 Clarendon Street Boston, Massachusetts 02116 (000) 000-0000 Xxxxxxxxx: Xxxothy McGowan Xf to the NYMEX: Xxx Xxxx Xxrcantile Exchange, Inc.

  • If to the Sublicensor: MACROMARKETS LLC, 000 Xxxxxxx Xxxxxx Xxxxx 000 Xxx Xxxx, XX 00000 (000) 000-0000 Attention: Xxxxxx Xxxxxxx If to the Sublicensees: Investors Bank & Trust Company on behalf of each of the MACRO Trusts 000 Xxxxxxxxx Xxxxxx Xxxxxx, Xxxxxxxxxxxxx 00000 Attention: [ ] If to the NYMEX: New York Mercantile Exchange, Inc.

Related to MACRO Trusts

  • Vehicle Trust Agreement means that certain amended and restated trust agreement, dated as of September 27, 1996, as further amended as of May 25, 2000 and December 1, 2006 between BMW Manufacturing L.P., as grantor and initial beneficiary, and BNY Mellon Trust of Delaware, formerly known as The Bank of New York (Delaware), as trustee.

  • Titling Trust Agreement means the Amended and Restated Trust and Servicing Agreement, dated as of August 26, 1998, among NILT Trust, as the Grantor and the UTI Beneficiary, the Servicer, the Delaware Trustee, the Titling Trustee and the Trust Agent.

  • Master Trust Agreement means the Second Amended and Restated Trust Agreement, dated as of May 8, 2019, between Verizon ABS II LLC, as depositor, and the Master Trust Owner Trustee, as amended, restated, supplemented or modified from time to time.

  • Other Trusts Means the Continental Airlines Pass Through Trust 2001-1A-1-O, the Continental Airlines Pass Through Trust 2001-1A-2-O and the Continental Airlines Pass Through Trust 2001-1B-O, created by the Other Agreements.

  • SUBI Trust Agreement means the Vehicle Trust Agreement as supplemented by that certain supplement, dated as of September 23, 2010, among the parties to the Vehicle Trust Agreement, as amended or supplemented from time to time.

  • Trust Agreements shall have the meanings ascribed to them in the introductory paragraph of the Authorized Participant Agreement.

  • Master Trust Trustee means the entity acting as trustee under the applicable Pooling and Servicing Agreement.

  • Co-Trustee has the meaning set forth in the Basic Servicing Agreement.

  • the Academy Trust means the company intended to be regulated by these Articles and referred to in Article 2;

  • Owner Trust means the trust created by this Agreement.

  • First trust means a trust over which an authorized fiduciary may exercise the decanting power.

  • PFPC Trust means PFPC Trust Company or a subsidiary or affiliate of PFPC Trust Company.

  • Liquidating Trust Agreement means an agreement evidencing the terms and provisions governing a Liquidating Trust that shall be entered into prior to the establishment of such Liquidating Trust and pursuant to which a Liquidating Trustee shall manage and administer Liquidating Trust Assets.

  • Liquidation Trust Agreement means the Liquidation Trust Agreement to be dated as of the Effective Date establishing the terms and conditions of the Liquidation Trust, substantially in the form attached hereto as Exhibit B.

  • the Trusts means the Macfarlane Trust, the Macfarlane (Special Payments) Trust and the Macfarlane (Special Payments) (No. 2) Trust;

  • Property Trustee Account has the meaning set forth in Section 3.8(c).

  • Escrow Trustee means the bank or trust company designated by the Fiscal Officer in the Certificate of Award as the initial escrow agent with respect to the Refunded Bonds under the Escrow Agreement and until a successor Escrow Trustee shall have become such pursuant to the provisions of the Escrow Agreement and, thereafter, "Escrow Trustee" shall mean the successor Escrow Trustee.

  • Academy Trust shall include any company in which the Academy Trust: • holds more than 50% of the shares; or • controls more than 50% of the voting rights attached to the shares; or • has the right to appoint one or more directors to the board of the company.

  • Original Trust Agreement has the meaning specified in the recitals to this Trust Agreement.

  • Pass Through Trust Agreement means each of the two separate Trust Supplements relating to the Pass Through Trusts, together in each case with the Basic Pass Through Trust Agreement, as the same may be amended, supplemented or otherwise modified from time to time in accordance with its terms.

  • Initial Trust Agreement shall have the meaning assigned to such term in Section 2.12 of the Trust Agreement.

  • NIM Trustee The trustee for the NIM Securities.

  • Managing Owner as used only in this Section 4.7 shall include, in addition to the Managing Owner, any other Covered Person performing services on behalf of the Trust and acting within the scope of the Managing Owner’s authority as set forth in this Trust Agreement.

  • Supplemental Interest Trust Trustee Xxxxx Fargo Bank, N.A., a national banking association, not in its individual capacity but solely in its capacity as supplemental interest trust trustee, and any successor thereto.

  • Bond Trustee Fee Agreement means the agreement entered into between the Issuer and the Bond Trustee relating among other things to the fees to be paid by the Issuer to the Bond Trustee for its obligations relating to the Bonds.