Up Aggregate Par Amount definition

Up Aggregate Par Amount means an amount determined on any day by multiplying the aggregate number of Up MacroShares issued by the Up Trust on any Issuance Date that occurred prior to that day, less the aggregate number of shares that were redeemed on any Redemption Date that occurred prior to that day, by the Par Amount.

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Up Aggregate Par Amount means, with respect to any date of determination, the product of (i) the aggregate number of Up MacroShares that are Outstanding on such date and (ii) the Up Stated Par Amount.

Up Aggregate Par Amount means an amount determined on any date by multiplying the aggregate number of Up MacroShares issued by the Up Trust on any Issuance Date, less any shares that were redeemed prior to that date, by the Par Amount.

Examples of Up Aggregate Par Amount in a sentence

• The Agreement permits, with certain exceptions and limitations therein provided, the amendment thereof and the modification of the rights and obligations of the Depositor, the Trustee, the Administrative Agent and the Marketing Agent and the rights of the Shareholders under the Agreement at any time by the Depositor, the Administrative Agent, the Marketing Agent and the Trustee with the consent of the Shareholders of a majority of the Up Aggregate Par Amount.

• The Agreement permits, with certain exceptions and limitations therein provided, the amendment thereof and the modification of the rights and obligations of the Depositor, the Trustee, the Administrative Agent and the Marketing Agents and the rights of the Shareholders under the Agreement at any time by the Depositor, the Administrative Agent, the Marketing Agent and the Trustee with the consent of the Shareholders of a majority of the Up Aggregate Par Amount.

• The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Depositor, the Trustee, the Administrative Agent and the Marketing Agent and the rights of the Shareholders under the Agreement at any time by the Depositor and the Trustee with the consent of the Shareholders of a majority of the Up Aggregate Par Amount.

• The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Depositor, the Trustee, the Administrative Agent and the Marketing Agents and the rights of the Shareholders under the Agreement at any time by the Depositor and the Trustee with the consent of the Shareholders of a majority of the Up Aggregate Par Amount.

More Definitions of Up Aggregate Par Amount

Up Aggregate Par Amount means an amount determined on any date by multiplying the aggregate number of Up MacroShares issued by the Up Trust, whether on the Closing Date or in Paired Issuances less any shares that were redeemed prior to that date, by the Par Amount.