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 "Claymore MACROshares Oil Up 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 "Claymore MACROshares MACROShares Down Oil Up 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 "Claymore MACROshares MACROShares Up Oil Up 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 "Claymore MACROshares Oil Up 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.
Appears in 1 contract