Common use of Rights of Holders of the Up-MACRO Holding Shares Clause in Contracts

Rights of Holders of the Up-MACRO Holding Shares. Each Up-MACRO Holding Share represents an undivided beneficial interest in the Up-MACRO Holding Trust and the Beneficial Owner thereof is entitled to receive distributions on such Up-MACRO Holding Share on the dates and in the amounts specified in Section 5.2 from assets on deposit in the Up-MACRO Holding Trust.

Appears in 12 contracts

Samples: Trust Agreement (Claymore MACROshares Oil Down Holding Trust), Trust Agreement (Claymore MACROshares Oil Up Tradeable Trust), Trust Agreement (Claymore MACROshares Oil Up Holding Trust)

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Rights of Holders of the Up-MACRO Holding Shares. Each The Up-MACRO Holding Share represents an undivided Shares represent beneficial interest interests in the Up-MACRO Holding Trust and the Beneficial Owner thereof is are entitled to receive distributions on such Up-MACRO Holding Share on the dates and in the amounts specified in Section 5.2 from assets on deposit in the Up-MACRO Holding TrustDistribution Account and the Securities Account.

Appears in 2 contracts

Samples: Trust Agreement (MACRO Securities Depositor, LLC), Trust Agreement (MACRO Securities Depositor, LLC)

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