Tradeable Shares definition

Tradeable Shares means the Up-MACRO Tradeable Shares and the Down-MACRO Tradeable Shares.
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Examples of Tradeable Shares in a sentence

  • The Authorized Participant directing the Paired Optional Redemption must be the Beneficial Owner of the Paired Holding Shares or the Up-MACRO and Down-MACRO Tradeable Shares which are being tendered for redemption, as shown on the records of the Depository.

  • The Trustee shall duly satisfy all of its obligations and duties under this Trust Agreement and shall maintain in effect all qualifications and will comply in all material respects with all of the Requirements of Law in connection with its duties hereunder, inasmuch as a failure to comply with such requirements would have a material adverse effect on the interests of the Holders of the Up-MACRO Tradeable Shares.

  • The Administrative Agent is duly qualified to do business and is in good standing as a foreign corporation (or is exempt from such requirements), and has obtained all necessary licenses and approvals in each jurisdiction in which failure to so qualify or to obtain such licenses and approvals would have a material adverse effect on the interests of the Holders of the Up-MACRO Tradeable Shares hereunder.

  • The Trustee shall duly satisfy all of its obligations and duties under this Trust Agreement and shall maintain in effect all qualifications and will comply in all material respects with all of the Requirements of Law in connection with its duties hereunder, inasmuch as a failure to comply with such requirements would have a material adverse effect on the interests of the Holders of the Down-MACRO Tradeable Shares.

  • The Administrative Agent is duly qualified to do business and is in good standing as a foreign corporation (or is exempt from such requirements), and has obtained all necessary licenses and approvals in each jurisdiction in which failure to so qualify or to obtain such licenses and approvals would have a material adverse effect on the interests of the Holders of the Down-MACRO Tradeable Shares hereunder.

  • This Trust Agreement will inure to the benefit of and be binding upon the parties hereto, the Holders of the Up-MACRO Holding Shares, the Holders of the Down-MACRO Holding Shares, the Holders of the Up-MACRO Tradeable Shares, the Holders of the Down-MACRO Tradeable Shares and their respective successors and permitted assigns.

  • This Trust Agreement will inure to the benefit of and be binding upon the parties hereto, the Holders of the Up-MACRO Holding Shares, the Holders of the Down-MACRO Holding Shares, the holders of the Up-MACRO Tradeable Shares, the holders of the Down-MACRO Tradeable Shares and their respective successors and permitted assigns.

  • This Trust Agreement will inure to the benefit of and be binding upon the parties hereto, the Holders of the Down-MACRO Holding Shares, the Holders of the Up-MACRO Holding Shares, the Holders of the Down-MACRO Tradeable Shares, the Holders of the Up-MACRO Tradeable Shares and their respective successors and permitted assigns.

  • All rights of action and claims under this Trust Agreement or the Up-MACRO Tradeable Shares may be prosecuted and enforced by the Trustee without the possession of any of the Up-MACRO Tradeable Shares or the production thereof in any proceeding relating thereto, and any such proceeding instituted by the Trustee shall be brought in its own name as trustee.

  • Concurrently with the first issuance of Up-MACRO Tradeable Shares, the Founders' Shares shall be cancelled and shall not thereafter be reissued.

Related to Tradeable Shares

  • Depositary Shares means Depositary Shares, each representing 1/1,000 of a share of Stock and evidenced by a Receipt.

  • Class B Preferred Stock means the Class B preferred stock, nominal value $1,000, of the Company.

  • Preference Shares means the Preference Shares in the capital of the Company of $0.0001 nominal or par value designated as Preference Shares, and having the rights provided for in these Articles.

  • Class B Common Shares means class B common shares of a nominal or par value of US$0.00001 each in the capital of the Company having the rights provided for in the Memorandum and Articles of Association, and any shares into which such class B common shares may be converted.

  • Class B Warrants means Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Class B Warrants shall be exercisable immediately and shall expire five years from the date of issuance unless previously exercised in full, in the form of Exhibit C attached hereto.