Exchange Administrator definition

Exchange Administrator means the entity selected by Freddie Mac to act as its exchange administrator for the Exchangeable Notes and the MAC Notes, which as of the Closing Date is U.S. Bank.

Exchange Administrator has the meaning specified in the preamble, and any duly qualified and appointed successor or successors of U.S. Bank thereto.

Exchange Administrator means the entity selected by Xxxxxx Xxx to act as administrator for exchanges of Exchangeable Notes for RCR Notes and vice versa, which as of the Closing Date is Xxxxx Fargo Bank, X.X. Xxxxx Fargo Bank, N.A. will perform its duties as Exchange Administrator through its Corporate Trust Services division.

Examples of Exchange Administrator in a sentence

• None of Freddie Mac, the Global Agent or the Exchange Administrator shall bear responsibility, in connection with the Notes, for the performance by any system or the performance of the system’s respective direct or indirect participants or accountholders of the respective obligations of such participants or accountholders under the rules and procedures governing such system’s operations.

• Freddie Mac, the Global Agent, the Exchange Administrator and the Registrar may treat the Holders as the absolute owners of Notes for the purpose of making payments and for all other purposes, whether or not such Notes shall be overdue and notwithstanding any notice to the contrary.

• The entity selected by Freddie Mac to act as its global, calculating, transfer, authenticating and paying agent for the Original Notes, which as of the Closing Date is U.S. Bank, and who will act as calculating, authenticating and paying agent with respect to the MAC Notes pursuant to the direction of the Exchange Administrator.

• In the case of an exchange of a Class M Note and a MAC Note, the Exchange Administrator shall direct the Global Agent to facilitate such exchange with DTC.

• Pursuant to the terms of the Global Agency Agreement, the Global Agent shall calculate the Class Coupons for the applicable Classes of Notes (including MAC Notes on which the Exchange Administrator has directed the Global Agent to make payments) for each Accrual Period (after the first Accrual Period) on the applicable LIBOR Adjustment Date.

More Definitions of Exchange Administrator

Exchange Administrator has the meaning specified in the preamble, and any duly qualified and appointed successor to Xxxxx Fargo in such capacity. Xxxxx Fargo will perform its duties as Exchange Administrator hereunder through its Corporate Trust Services division.

Exchange Administrator means the entity selected by the Administrator to act as administrator for exchanges of Exchangeable Notes for RCR Notes and vice versa, which initially is Computershare Trust Company.

Exchange Administrator means the entity selected by the Administrator to act asadministrator for exchanges of Exchangeable Notes for RCR Notes and vice versa, which initially is Wells Fargo Bank, N.A. Wells Fargo Bank, N.A. will perform its duties as Exchange Administrator through its Corporate Trust Services division.

Exchange Administrator means the entity selected by Xxxxxxx Mac to act as its exchange administrator for the Exchangeable Notes and the MAC Notes, which as of the Closing Date is Citibank.

Exchange Administrator means the entity selected by Freddie Mac to act as its exchange administrator for the Class M Notes and the MAC Notes, which as of the Closing Date is DBTCA.

Exchange Administrator has the meaning specified in the preamble, and any duly qualified and appointed successor or successors of DBTCA thereto.

Exchange Administrator has the meaning specified in the preamble, and any duly qualified and appointed successor or successors of Citibank thereto.