MACRO Trusts definition

MACRO Trusts means, as the context requires, any or all of the Down-MACRO Holding Trust, the Up-MACRO Holding Trust, the Down-MACRO Tradeable Trust or the Up-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 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.

  • 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.

  • 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 Sublicensor: MACROMARKETS LLC, 130 Seventh Avenue Suite 113 New Y▇▇▇, ▇▇ ▇▇▇▇▇ (▇▇▇) ▇▇▇-▇▇▇▇ ▇▇▇▇▇▇▇▇▇: ▇▇▇▇▇▇ Masucci ▇▇ ▇▇ the Sublicensees: ▇▇▇▇▇▇▇rs Bank & Trust Company on behalf of each of the MACRO Trusts 200 Clarendon Street Boston, Massachusetts 02116 Att▇▇▇▇▇▇: [ ] ▇▇ ▇▇ ▇▇▇ ▇▇▇▇▇: New York Mercantile Exchange, Inc.

  • If to the Sublicensees: Investors Bank & Trust Company on behalf of each of the MACRO Trusts 200 Clarendon Street Boston, Massachusetts 02116 (▇▇▇) ▇▇▇-▇▇▇▇ ▇▇▇▇▇▇▇▇▇: ▇▇▇othy McGowan ▇f to the NYMEX: ▇▇▇ ▇▇▇▇ ▇▇rcantile Exchange, Inc.

  • If to the Sublicensor: MACROMARKETS LLC, ▇▇▇ ▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇, ▇▇ ▇▇▇▇▇ (▇▇▇) ▇▇▇-▇▇▇▇ Attention: ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ If to the Sublicensees: Investors Bank & Trust Company on behalf of each of the MACRO Trusts ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ Attention: [ ] If to the NYMEX: New York Mercantile Exchange, Inc.

  • If to the Sublicensees: Investors Bank & Trust Company on behalf of each of the MACRO Trusts ▇▇▇ ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ (▇▇▇) ▇▇▇-▇▇▇▇ 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 June 10, 2025, among the parties to the Vehicle Trust Agreement, as amended or supplemented from time to time.