Bankruptcy; Insolvency. No Event of Bankruptcy with respect to the Depositor has occurred which would materially and adversely affect the validity or enforceability of this Trust Agreement or the Down-MACRO Tradeable Shares.
Appears in 12 contracts
Samples: Trust Agreement (Claymore MACROshares Oil Down Holding Trust), Trust Agreement (MACROshares Oil Down Holding Trust), Trust Agreement (MACROshares Oil Up Tradeable Trust)
Bankruptcy; Insolvency. No Event of Bankruptcy with respect to the Depositor has occurred which would materially and adversely affect the validity or enforceability of this Trust Agreement or the DownUp-MACRO Tradeable Holding Shares.
Appears in 12 contracts
Samples: Trust Agreement (Claymore MACROshares Oil Up Holding Trust), Trust Agreement (Claymore MACROshares Oil Up Holding Trust), Trust Agreement (Claymore MACROshares Oil Down Holding Trust)
Bankruptcy; Insolvency. No Event of Bankruptcy with respect to the Depositor has occurred which would materially and adversely affect the validity or enforceability of this Trust Agreement or the DownUp-MACRO Tradeable Shares.
Appears in 12 contracts
Samples: Trust Agreement (Claymore MACROshares Oil Up Holding Trust), Trust Agreement (MACROshares Oil Up Tradeable Trust), Trust Agreement (MACROshares Oil Down Tradeable Trust)
Bankruptcy; Insolvency. No Event of Bankruptcy with respect to the Depositor has occurred which would materially and adversely affect the validity or enforceability of this Trust Agreement or the Down-MACRO Tradeable Holding Shares.
Appears in 12 contracts
Samples: Trust Agreement (Claymore MACROshares Oil Down Holding Trust), Trust Agreement (Claymore MACROshares Oil Down Holding Trust), Trust Agreement (Claymore MACROshares Oil Up Holding Trust)
Bankruptcy; Insolvency. No Event of Bankruptcy with respect to the Depositor has occurred which would materially and adversely affect the validity or enforceability of this Trust Agreement or the Down-MACRO Tradeable SharesUp MacroShares.
Appears in 10 contracts
Samples: Trust Agreement, Trust Agreement (MACRO Securities Depositor, LLC), Trust Agreement (MacroShares $100 Oil Up Trust)
Bankruptcy; Insolvency. No Event of Bankruptcy with respect to the Depositor has occurred which would materially and adversely affect the validity or enforceability of this Trust Agreement or the DownUp-MACRO Tradeable Shares, and the transfer of the Initial Deposit by the Depositor to the Up-MACRO Tradeable Trust has not been made in contemplation of the occurrence thereof.
Appears in 1 contract
Bankruptcy; Insolvency. No Event of Bankruptcy with respect to the Depositor has occurred which would materially and adversely affect the validity or enforceability of this Trust Agreement or the DownUp-MACRO Tradeable Holding Shares, and the transfer of the Initial Deposit by the Depositor to the Up-MACRO Holding Trust has not been made in contemplation of the occurrence thereof.
Appears in 1 contract
