Suspension or Delay of Settlement. (a) The Administrative Agent may, in its discretion, and will when so directed by the Depositor, suspend the right of exchange for the Up-MACRO Tradeable Shares, or postpone the date of settlement for any such exchange,
Appears in 13 contracts
Samples: Trust Agreement (MACROshares Oil Up Tradeable Trust), Trust Agreement (MACROshares Oil Down Tradeable Trust), Trust Agreement (Claymore MACROshares Oil Up Tradeable Trust)
Suspension or Delay of Settlement. (a) The Administrative Agent may, in its discretion, and will when so directed by the Depositor, suspend the right of exchange for the UpDown-MACRO Tradeable Shares, or postpone the date of settlement for any such exchange,
Appears in 12 contracts
Samples: Trust Agreement (Claymore MACROshares Oil Down Holding Trust), Trust Agreement (MACROshares Oil Down Holding Trust), Trust Agreement (Claymore MACROshares Oil Up Holding Trust)
