Common use of Priority of Payments Clause in Contracts

Priority of Payments. (a) Allocations on each Distribution Date. On each Distribution Date, the Trustee, on behalf of the Down-MACRO Holding Trust, shall allocate the amounts on deposit in the Distribution Account, including amounts deposited therein pursuant to Section 5.5(b) and Section 5.6(b), in accordance with the following priority of payments:

Appears in 7 contracts

Samples: Trust Agreement (MACRO Securities Depositor, LLC), Trust Agreement (MACROshares Oil Down Tradeable Trust), Trust Agreement (MACRO Securities Depositor, LLC)

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Priority of Payments. (a) Allocations on each Distribution Date. On each Distribution Date, the Trustee, on behalf of the DownUp-MACRO Holding Trust, shall allocate the amounts on deposit in the Distribution Account, including amounts deposited therein pursuant to Section 5.5(b) and Section 5.6(b), in accordance with the following priority of payments:

Appears in 7 contracts

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

Priority of Payments. (a) Allocations on each Distribution Date. On each Distribution Date, the Trustee, on behalf of the DownUp-MACRO Holding Trust, shall allocate the amounts on deposit in the Distribution Account, including without limitation amounts deposited therein pursuant to Section 5.5(b) and Section 5.6(b), in accordance with the following priority of payments:

Appears in 3 contracts

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

Priority of Payments. (a) Allocations on each Distribution Date. On each Distribution Date, the Trustee, on behalf of the Down-MACRO Holding Trust, shall allocate apply the amounts on deposit in the Distribution Account, including without limitation amounts deposited therein pursuant to Section 5.5(b) and Section 5.6(b), in accordance with the following priority of payments:

Appears in 2 contracts

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

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Priority of Payments. (a) Allocations on each Distribution Date. On each Distribution Date, the Trustee, on behalf of the DownUp-MACRO Holding Trust, shall allocate apply the amounts on deposit in the Distribution Account, including without limitation amounts deposited therein pursuant to Section 5.5(b) and Section 5.6(b), in accordance with the following priority of payments:

Appears in 2 contracts

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

Priority of Payments. (a) Allocations on each Distribution Date. On each Distribution Date, the Trustee, on behalf of the Down-MACRO Holding Trust, shall allocate the amounts on deposit in the Distribution Account, including without limitation amounts deposited therein pursuant to Section 5.5(b) and Section 5.6(b), in accordance with the following priority of payments:

Appears in 1 contract

Samples: Trust Agreement (MACRO Securities Depositor, LLC)

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