Calculation of Intraday Indicative Values. Intraday indicative values for the Up Underlying Value of the Up Trust and the Per Share Underlying Value for the Up MacroShares based on the intraday trading prices of the Applicable Reference Price of Crude Oil will be calculated by the Calculation Agent under the Calculation Agency Agreement based upon the Applicable Reference Price of Crude Oil and the data provided to the Calculation Agent by the Trustee pursuant to Section 4.1 hereof and by the Down Trustee pursuant to Section 4.1 of the Down Trust Agreement.
Appears in 6 contracts
Samples: Trust Agreement, Trust Agreement (MacroShares $100 Oil Up Trust), Trust Agreement (MacroShares $100 Oil Up Trust)
Calculation of Intraday Indicative Values. Intraday indicative values for the Up Down Underlying Value of the Up Down Trust and the Per Share Underlying Value for the Up Down MacroShares based on the intraday trading prices of the Applicable Reference Price of Crude Oil will be calculated by the Calculation Agent under the Calculation Agency Agreement based upon the Applicable Reference Price of Crude Oil and the data provided to the Calculation Agent by the Trustee pursuant to Section 4.1 hereof and by the Down Up Trustee pursuant to Section 4.1 of the Down Up Trust Agreement.
Appears in 4 contracts
Samples: Trust Agreement (MacroShares $100 Oil Down Trust), Trust Agreement (MacroShares $100 Oil Down Trust), Trust Agreement (MACRO Securities Depositor, LLC)
