Examples of Holding Trust Agreement in a sentence
The Servicer shall monitor the activities of the Issuer and the Holding Trust to ensure the Issuer’s and the Holding Trust’s respective compliance with Section 4.6 of the Trust Agreement Section 4.6 of the Holding Trust Agreement and shall take all action necessary to ensure that the Issuer and the Holding Trust is operated in accordance with the provisions of such section.
In no event shall Citibank, N.A., in any of its capacities hereunder, be deemed to have assumed any duties of the Owner Trustee under the Delaware Statutory Trust Statute, common law, the Trust Agreement or the Holding Trust Agreement.
Defined terms used herein and not otherwise defined shall have the respective meanings ascribed to such terms in the Up-MACRO Holding Trust Agreement.
Under such licensing agreement, MacroMarkets LLC shall be entitled to the receipt of the Up-MACRO Licensing Fee, which shall be payable to MacroMarkets LLC in arrears on each Distribution Date in accordance with the provisions of Section 5.4 of the Up-MACRO Holding Trust Agreement.
All fees and expenses of the Up-MACRO Tradeable Trust shall be paid by the Up-MACRO Holding Trust pursuant to the provisions of Section 5.3 and Section 5.4 of the Up-MACRO Holding Trust Agreement.
The Depositor shall cause to be paid in the manner provided for in Section 5.4 of the Up-MACRO Holding Trust Agreement, and the Trustee shall be entitled to receive, on each Distribution Payment Date, the Up-MACRO Trustee Fee for all services rendered by it under this Trust Agreement and in the exercise and performance of any of the powers and duties hereunder of the Trustee.
Any amounts payable to a Trustee Indemnified Party under this Section 13.6 may be payable in advance in accordance with the provisions of Section 5.3 of the Up-MACRO Holding Trust Agreement or shall be secured by a lien on the Up-MACRO Holding Trust.
Concurrently with the first Paired Issuance of Paired Holding Shares in accordance with the terms of this Trust Agreement and the terms of the UP-MACRO Holding Trust Agreement, the portion of the Initial Deposit made into the Down-MACRO Holding Trust by the Depositor and the Administrative Agent shall be transferred to each of them in redemption of their respective Founder's Shares and such Founders' Shares shall thereafter be cancelled and shall not be reissued.
Defined terms used herein and not otherwise defined shall have the respective meanings ascribed to such terms in the Down-MACRO Holding Trust Agreement.
All fees and expenses of the Down-MACRO Tradeable Trust shall be paid by the Down-MACRO Holding Trust pursuant to the provisions of Section 5.3 and Section 5.4 of the Down-MACRO Holding Trust Agreement.