Common use of Suspension or Delay of Settlement Clause in Contracts

Suspension or Delay of Settlement. (a) The Administrative Agent shall suspend the right of redemption, or postpone the date of settlement for any Paired Optional Redemption or any Paired Issuance of Paired Holding Shares,

Appears in 25 contracts

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

AutoNDA by SimpleDocs

Suspension or Delay of Settlement. (a) The Administrative Agent shall suspend the right of redemptionredemption or creation, or postpone the date of settlement for any Paired Optional Redemption or any Paired Issuance of Paired Holding Shares,

Appears in 9 contracts

Samples: Trust Agreement, Trust Agreement (MacroShares $100 Oil Up Trust), Trust Agreement (MACRO Securities Depositor, LLC)

Suspension or Delay of Settlement. (a) The Administrative Agent shall suspend the right of redemptionredemption and/or creation, or postpone the date of settlement for any Paired Optional Redemption or any Paired Issuance of Paired Holding Shares,

Appears in 6 contracts

Samples: Trust Agreement (MacroShares Housing Depositor, LLC), Trust Agreement (MacroShares Major Metro Housing Up Trust), Trust Agreement (MacroShares Major Metro Housing Down Trust)

AutoNDA by SimpleDocs

Suspension or Delay of Settlement. (a) The Administrative Agent shall suspend the right of redemption, or postpone the date of settlement for any Paired Optional Redemption or any Paired Issuance of Paired Holding Shares,

Appears in 2 contracts

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

Time is Money Join Law Insider Premium to draft better contracts faster.