Aggregate Par Amount definition

Aggregate Par Amount means, (i) with respect to any Up-MACRO Holding Shares, an amount equal to the number of such Up-MACRO Holding Shares multiplied by the Up-MACRO Stated Par Amount, (ii) with respect to any Down-MACRO Holding Shares, an amount equal to the number of such Down-MACRO Holding Shares multiplied by the Down-MACRO Stated Par Amount, (iii) with respect to any Up-MACRO Tradeable Shares, an amount equal to the number of such Up-MACRO Tradeable Shares multiplied by the Up-MACRO Stated Par Amount, and (iv) with respect to any Down-MACRO Tradeable Shares, an amount equal to the number of such Down-MACRO Tradeable Shares multiplied by the Down-MACRO Stated Par Amount.
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Aggregate Par Amount means, as the context requires, (i) the Up Aggregate Par Amount, (ii) the Down Aggregate Par Amount or, (iii) if less than all of the Up or Down MacroShares that are outstanding are being referenced, the number of such Up or Down MacroShares multiplied by their Par Amount of $25.
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Aggregate Par Amount means, (i) with respect to any Up MacroShares, an amount equal to the number of such Up MacroShares multiplied by the Up Stated Par Amount, and (ii) with respect to any Down MacroShares, an amount equal to the number of such Down MacroShares multiplied by the Down Stated Par Amount.
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Examples of Aggregate Par Amount in a sentence

  • The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Depositor, the Trustee, the Administrative Agent and the Marketing Agents and the rights of the shareholders under the Agreement at any time by the Depositor and the Trustee with the consent of the shareholders of a majority of the Down-MACRO Aggregate Par Amount.

  • Holders of Up-MACRO Tradeable Shares who are the Beneficial Owners of an Aggregate Par Amount representing at least 66 and 2/3% of all such shares that are Outstanding at any time may direct the Trustee with respect to actions that the Trustee is permitted to take under this Trust Agreement, subject to the limitations set forth in Section 2.3, Section 3.1(b) and Section 15.6 hereof.

  • Upon the settlement date for any creation, transfer, exchange or redemption of Up-MACRO Tradeable Shares, the Trustee shall make a notation on Schedule A attached to the Global Certificate indicating the resulting Net Par Amount Increase or Net Par Amount Decrease in the Aggregate Par Amount of Outstanding Up-MACRO Tradeable Shares represented by such Global Certificate.

  • Holders of Up-MACRO Holding Shares who are the Beneficial Owners of an Aggregate Par Amount representing at least 66 and 2/3% of all such shares that are Outstanding at any time may direct the Trustee with respect to actions that the Trustee is required, permitted or empowered to take under this Trust Agreement, subject to the limitations set forth in Section 2.3, Section 3.1(b) and Section 15.6 hereof.

  • Upon the settlement date for any creation, transfer, redemption or exchange of Up-MACRO Holding Shares, the Trustee shall make a notation on Schedule A attached to the Global Certificate indicating the resulting Net Par Amount Increase or Net Par Amount Decrease in the Aggregate Par Amount of Outstanding Up-MACRO Holding Shares represented by such Global Certificate.

  • Upon the settlement date for any creation, transfer, redemption or exchange of Down-MACRO Holding Shares, the Trustee shall make a notation on Schedule A attached to the Global Certificate indicating the resulting Net Par Amount Increase or Net Par Amount Decrease in the Aggregate Par Amount of Outstanding Down-MACRO Holding Shares represented by such Global Certificate.

  • Upon the settlement date for any creation, transfer, exchange or redemption of Down-MACRO Tradeable Shares, the Trustee shall make a notation on Schedule A attached to the Global Certificate indicating the resulting Net Par Amount Increase or Net Par Amount Decrease in the Aggregate Par Amount of Outstanding Down-MACRO Tradeable Shares represented by such Global Certificate.

  • Holders of Up MacroShares who are the Beneficial Owners of an Aggregate Par Amount representing at least 66 and 2/3% of all such shares that are Outstanding at any time may direct the Trustee with respect to actions that the Trustee is required, permitted or empowered to take under this Trust Agreement, subject to the limitations set forth in Section 2.3, Section 3.1(b) and Section 15.6 hereof.

  • The Agreement permits, with certain exceptions therein provided, the amendment thereof and the modification of the rights and obligations of the Depositor, the Trustee, the Administrative Agent and the Marketing Agent and the rights of the shareholders under the Agreement at any time by the Depositor and the Trustee with the consent of the shareholders of a majority of the Down-MACRO Aggregate Par Amount.

  • The Trustee shall obtain the Up MacroShares so credited from the Shares Netting Subaccount or, in the event of a Net Par Amount Increase, by causing each of the Paired Trusts to issue Paired Shares in the Aggregate Par Amount of such Net Par Amount Increase.


More Definitions of Aggregate Par Amount

Aggregate Par Amount means, with respect to any Up-MACRO Holding Shares, any Down-MACRO Holding Shares or any Paired Holding Shares, an amount equal to the number of such shares multiplied by the Up-MACRO Stated Par Amount or the Down-MACRO Stated Par Amount, as applicable.
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Aggregate Par Amount means US$458.0 million.
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Related to Aggregate Par Amount

  • Average Par Amount is calculated by summing the Issuer Par Amounts for all issuers, and dividing by the number of issuers.

  • Aggregate Payments means, with respect to a Contributing Guarantor as of any date of determination, an amount equal to (1) the aggregate amount of all payments and distributions made on or before such date by such Contributing Guarantor in respect of this Guaranty (including in respect of this Section 7.2), minus (2) the aggregate amount of all payments received on or before such date by such Contributing Guarantor from the other Contributing Guarantors as contributions under this Section 7.2. The amounts payable as contributions hereunder shall be determined as of the date on which the related payment or distribution is made by the applicable Funding Guarantor. The allocation among Contributing Guarantors of their obligations as set forth in this Section 7.2 shall not be construed in any way to limit the liability of any Contributing Guarantor hereunder. Each Guarantor is a third party beneficiary to the contribution agreement set forth in this Section 7.2.

  • Aggregate Value means, with respect to any block of Equity Stock, the product of (i) the number of shares of Equity Stock within such block and (ii) the corresponding Market Price of one share of Equity Stock of such class.

  • Aggregate Excess Funding Amount of a Non-Funding Lender shall be the aggregate amount of (A) all unpaid obligations owing by such Lender to the Agents, L/C Issuers and other Lenders under the Loan Documents, including such Lender’s share of all Revolving Loans, Letter of Credit Obligations, plus, without duplication, (B) all amounts of Letter of Credit Obligations of such Non-Funding Lender reallocated to other Lenders pursuant to subsection 1.11(e)(ii).

  • Aggregate Purchase Price has the meaning set forth in Section 1.1.