Examples of Original Class M Notes in a sentence
The Form 8281 must be completed and sent to the Freddie Mac Tax Department by the 15th day after the applicable Original Class M Notes are treated as issued or reissued with OID.
By purchasing the Original Class M Notes (including any Original Class M Notes sold by virtue of a sale of related MAC Notes), Holders and Beneficial Owners agree to treat such Notes as indebtedness of Freddie Mac for U.S. federal income tax purposes, unless such Holders or Beneficial Owners are required to treat the Original Class M Notes in some other manner pursuant to a final determination by the Internal Revenue Service or by a court of competent jurisdiction (each a “Final Tax Determination”).
For this purpose, the Original Class M Notes will not be treated as initially issued with OID, except if any Class M-3A Notes and Class M-3B Notes are issued on the Closing Date as separate instruments to separate Beneficial Owners, as described in “Certain United States Federal Tax Consequences” in the Offering Circular.
In the event that there is a write down (as described in Section 7(b) of this Agreement) with respect to the Class M-1, Class M-2, Class M- 3A or Class M-3B Notes, such Class of Notes will be treated as reissued with OID at that time (i.e., all remaining stated interest on such Class of Notes will no longer be qualified stated interest), and the Global Agent shall prepare Form 8281 with respect to such Original Class M Notes at such time.
With respect to each of the Original Class M Notes, the Class B Notes and the MAC Notes, such reporting information shall be in a form substantially similar to, and include the information listed in, the sample forms provided in Exhibit J attached hereto.
With respect to each of the Original Class M Notes, the Class B-1D Notes, Class B-1I Notes, Class B-2D Notes and the MAC Notes, such reporting information shall be in a form substantially similar to, and include the information listed in, the sample forms provided in Exhibit J attached hereto.
In the event that there is a write down (as described in Section 7(b) of this Agreement) with respect to any of the Original Class M Notes, such Class of Notes will be treated as reissued with OID at that time (i.e., all remaining stated interest on such Class of Notes will no longer be qualified stated interest), and the Global Agent shall prepare Form 8281 pursuant to the instructions applicable to contingent payment debt instruments with respect to such Original Class M Notes at such time.