Securities Account. (a) On or prior to the Closing Date, the Trustee will establish, in the name of the Trustee for the benefit of the Up-MACRO Tradeable Trust at the offices of the Trustee, a segregated interest bearing trust account, titled the "MACROShares Up Oil Benchmark Tradeable Trust Securities Account," with the account number listed on Schedule I attached hereto (such account, the "Securities Account") into which the Trustee, at the instructions of the Administrative Agent, will from time to time deposit and withdraw Up-MACRO Holding Shares pursuant to Sections 6.2 and 6.6 of this Trust Agreement.
Appears in 2 contracts
Samples: Trust Agreement (MACRO Securities Depositor, LLC), Trust Agreement (MACRO Securities Depositor, LLC)
Securities Account. (a) On or prior to the Closing Date, the Trustee will establish, in the name of the Trustee for the benefit of the UpDown-MACRO Tradeable Trust at the offices of the Trustee, a segregated interest bearing trust account, titled the "MACROShares Up Down Oil Benchmark Tradeable Trust Securities Account," with the account number listed on Schedule I attached hereto (such account, the "Securities Account") into which the Trustee, at the instructions of the Administrative Agent, will from time to time deposit and withdraw UpDown-MACRO Holding Shares pursuant to Sections 6.2 and 6.6 of this Trust Agreement.
Appears in 2 contracts
Samples: Trust Agreement (MACRO Securities Depositor, LLC), Trust Agreement (MACRO Securities Depositor, LLC)
Securities Account. (a) On or prior to the Closing Date, the Trustee will establish, in the name of the Trustee for the benefit of the Up-MACRO Tradeable Trust at the offices of the Trustee, a segregated interest bearing trust account, titled the "MACROShares Claymore MACROshares Oil Up Oil Benchmark Tradeable Trust Securities Account," with the account number listed on Schedule I attached hereto (such account, the "Securities Account") into which the Trustee, at the instructions of the Administrative Agent, will from time to time deposit and withdraw Up-MACRO Holding Shares pursuant to Sections 6.2 and 6.6 of this Trust Agreement.
Appears in 2 contracts
Samples: Trust Agreement (MACRO Securities Depositor, LLC), Trust Agreement (MACRO Securities Depositor, LLC)
Securities Account. (a) On or prior to the Closing Date, the Trustee will establish, in the name of the Trustee for the benefit of the UpDown-MACRO Tradeable Trust at the offices of the Trustee, a segregated interest bearing trust account, titled the "MACROShares Up Claymore MACROshares Oil Benchmark Down Tradeable Trust Securities Account," with the account number listed on Schedule I attached hereto (such account, the "Securities Account") into which the Trustee, at the instructions of the Administrative Agent, will from time to time deposit and withdraw UpDown-MACRO Holding Shares pursuant to Sections 6.2 and 6.6 of this Trust Agreement.
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