Common use of Conditions to Payment, Transfer or Exchange Clause in Contracts

Conditions to Payment, Transfer or Exchange. Xxxxxxx Mac, its agent or any other person potentially required to withhold with respect to payments on a Note shall have the right to require a Holder of a Note, as a condition to payment of principal of or interest on such Note, or as a condition to transfer or exchange of such Note, to present at such place as Xxxxxxx Mac, its agent or such other person shall designate a certificate in such form as Xxxxxxx Mac, its agent or such other person may from time to time prescribe, to enable Xxxxxxx Mac, its agent or such other person to determine its duties and liabilities with respect to (i) any taxes, assessments or governmental charges which Xxxxxxx Mac, the Global Agent, the Exchange Administrator or such other person, as the case may be, may be required to deduct or withhold from payments in respect of such Note under any present or future law of the United States or jurisdiction therein or any regulation or interpretation of any taxing authority thereof; and (ii) any reporting or other requirements under such laws, regulations or interpretations. Xxxxxxx Mac, its agent or such other person shall be entitled to determine its duties and liabilities with respect to such deduction, withholding, reporting or other requirements on the basis of information contained in such certificate or, if no certificate shall be presented, on the basis of any presumption created by any such law, regulation or interpretation, and shall be entitled to act in accordance with such determination.

Appears in 32 contracts

Samples: Global Agency Agreement, Global Agency Agreement, Stacr® Debt Agreement

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Conditions to Payment, Transfer or Exchange. Xxxxxxx Mac, its agent or any other person potentially required to withhold with respect to payments on a Note Debt Security shall have the right to require a Holder of a NoteDebt Security, as a condition to payment of principal of or interest on such NoteDebt Security, or as a condition to transfer or exchange of such NoteDebt Security, to present at such place as Xxxxxxx Mac, its agent or such other person shall designate a certificate in such form as Xxxxxxx Mac, its agent or such other person may from time to time prescribe, to enable Xxxxxxx Mac, its agent or such other person to determine its duties and liabilities with respect to (i) any taxes, assessments or governmental charges which Xxxxxxx Mac, any Federal Reserve Bank, the Global Agent, the Exchange Administrator Agent or such other person, as the case may be, may be required to deduct or withhold from payments in respect of such Note Debt Security under any present or future law of the United States or jurisdiction therein or any regulation or interpretation of any taxing authority thereof; and (ii) any reporting or other requirements under such laws, regulations or interpretations. Xxxxxxx Mac, its agent or such other person shall be entitled to determine its duties and liabilities with respect to such deduction, withholding, reporting or other requirements on the basis of information contained in such certificate or, if no certificate shall be presented, on the basis of any presumption created by any such law, regulation or interpretation, and shall be entitled to act in accordance with such determination.

Appears in 27 contracts

Samples: Global Debt Facility Agreement (Federal Home Loan Mortgage Corp), Global Debt Facility Agreement (Federal Home Loan Mortgage Corp), Global Debt Facility Agreement (Federal Home Loan Mortgage Corp)

Conditions to Payment, Transfer or Exchange. Xxxxxxx Mac, its agent or any other person potentially required to withhold with respect to payments on a Discount Note shall have the right to require a Holder of a Discount Note, as a condition to payment of principal of or interest on such Discount Note, or as a condition to transfer or exchange of such Discount Note, to present at such place as Xxxxxxx Mac, its agent or such other person shall designate a certificate in such form as Xxxxxxx Mac, its agent or such other person may from time to time prescribe, to enable Xxxxxxx Mac, its agent or such other person to determine its duties and liabilities with respect to (i) any taxes, assessments or governmental charges which Xxxxxxx Mac, the Global Agent, the Exchange Administrator any Federal Reserve Bank or such other person, as the case may be, may be required to deduct or withhold from payments in respect of such Discount Note under any present or future law of the United States or jurisdiction therein or any regulation or interpretation of any taxing authority thereof; and (ii) any reporting or other requirements under such laws, regulations or interpretations. Xxxxxxx Mac, its agent or such other person shall be entitled to determine its duties and liabilities with respect to such deduction, withholding, reporting or other requirements on the basis of information contained in such certificate or, if no certificate shall be presented, on the basis of any presumption created by any such law, regulation or interpretation, and shall be entitled to act in accordance with such determination.

Appears in 13 contracts

Samples: Federal Home Loan Mortgage Corporation Discount Note Agreement, Federal Home Loan Mortgage Corporation Discount Note Agreement, Federal Home Loan Mortgage Corporation Discount Note Agreement

Conditions to Payment, Transfer or Exchange. Xxxxxxx Freddie Mac, its agent or any other person potentially required to withhold with respect to payments on a Discount Note shall have the right to require a Holder of a Discount Note, as a condition to payment of principal of or interest on such Discount Note, or as a condition to transfer or exchange of such Discount Note, to present at such place as Xxxxxxx Freddie Mac, its agent or such other person shall designate a certificate in such form as Xxxxxxx Freddie Mac, its agent or such other person may from time to time prescribe, to enable Xxxxxxx Freddie Mac, its agent or such other person to determine its duties and liabilities with respect to (i) any taxes, assessments or governmental charges which Xxxxxxx Freddie Mac, the Global Agent, the Exchange Administrator any Federal Reserve Bank or such other person, as the case may be, may be required to deduct or withhold from payments in respect of such Discount Note under any present or future law of the United States or jurisdiction therein or any regulation or interpretation of any taxing authority thereof; and (ii) any reporting or other requirements under such laws, regulations or interpretations. Xxxxxxx Freddie Mac, its agent or such other person shall be entitled to determine its duties and liabilities with respect to such deduction, withholding, reporting or other requirements on the basis of information contained in such certificate or, if no certificate shall be presented, on the basis of any presumption created by any such law, regulation or interpretation, and shall be entitled to act in accordance with such determination.

Appears in 7 contracts

Samples: Federal Home Loan Mortgage Corporation Discount Note Agreement, Federal Home Loan Mortgage Corporation Discount Note Agreement, Federal Home Loan Mortgage Corporation Discount Note Agreement

Conditions to Payment, Transfer or Exchange. Xxxxxxx Fxxxxxx Mac, its agent or any other person potentially required to withhold with respect to payments on a Note Debt Security shall have the right to require a Holder of a NoteDebt Security, as a condition to payment of principal of or interest on such NoteDebt Security, or as a condition to transfer or exchange of such NoteDebt Security, to present at such place as Xxxxxxx Fxxxxxx Mac, its agent or such other person shall designate a certificate in such form as Xxxxxxx Fxxxxxx Mac, its agent or such other person may from time to time prescribe, to enable Xxxxxxx Fxxxxxx Mac, its agent or such other person to determine its duties and liabilities with respect to (i) any taxes, assessments or governmental charges which Xxxxxxx Fxxxxxx Mac, any Federal Reserve Bank, the Global Agent, the Exchange Administrator Agent or such other person, as the case may be, may be required to deduct or withhold from payments in respect of such Note Debt Security under any present or future law of the United States or jurisdiction therein or any regulation or interpretation of any taxing authority thereof; and (ii) any reporting or other requirements under such laws, regulations or interpretations. Xxxxxxx Fxxxxxx Mac, its agent or such other person shall be entitled to determine its duties and liabilities with respect to such deduction, withholding, reporting or other requirements on the basis of information contained in such certificate or, if no certificate shall be presented, on the basis of any presumption created by any such law, regulation or interpretation, and shall be entitled to act in accordance with such determination.

Appears in 2 contracts

Samples: Global Debt Facility Agreement (Federal Home Loan Mortgage Corp), Global Debt Facility Agreement (Federal Home Loan Mortgage Corp)

Conditions to Payment, Transfer or Exchange. Xxxxxxx Freddie Mac, its agent or any other person potentially required to withhold with respect to payments on a Note Debt Security shall have the right to require a Holder of a NoteDebt Security, as a condition to payment of principal of or interest on such NoteDebt Security, or as a condition to transfer or exchange of such NoteDebt Security, to present at such place as Xxxxxxx Freddie Mac, its agent or such other person shall designate a certificate in such form as Xxxxxxx Freddie Mac, its agent or such other person may from time to time prescribe, to enable Xxxxxxx Freddie Mac, its agent or such other person to determine its duties and liabilities with respect to (i) any taxes, assessments or governmental charges which Xxxxxxx Freddie Mac, any Federal Reserve Bank, the Global Agent, the Exchange Administrator Agent or such other person, as the case may be, may be required to deduct or withhold from payments in respect of such Note Debt Security under any present or future law of the United States or jurisdiction therein or any regulation or interpretation of any taxing authority thereof; and (ii) any reporting or other requirements under such laws, regulations or interpretations. Xxxxxxx Mac, its agent or such other person shall be entitled to determine its duties and liabilities with respect to such deduction, withholding, reporting or other requirements on the basis of information contained in such certificate or, if no certificate shall be presented, on the basis of any presumption created by any such law, regulation or interpretation, and shall be entitled to act in accordance with such determination.

Appears in 2 contracts

Samples: Global Debt Facility Agreement (Federal Home Loan Mortgage Corp), Global Debt Facility Agreement (Federal Home Loan Mortgage Corp)

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Conditions to Payment, Transfer or Exchange. Xxxxxxx Fxxxxxx Mac, its agent or any other person potentially required to withhold with respect to payments on a Note Debt Security shall have the right to require a Holder of a NoteDebt Security, as a condition to payment of principal of or interest on such NoteDebt Security, or as a condition to transfer or exchange of such NoteDebt Security, to present at such place as Xxxxxxx Fxxxxxx Mac, its agent or such other person shall designate a certificate in such form as Xxxxxxx Fxxxxxx Mac, its agent or such other person may from time to time prescribe, to enable Xxxxxxx Fxxxxxx Mac, its agent or such other person to determine its duties and liabilities with respect to (i) any taxes, assessments or governmental charges which Xxxxxxx Fxxxxxx Mac, any Federal Reserve Bank, the Global Agent, the Exchange Administrator Agent or such other person, as the case may be, may be required to deduct or withhold from payments in respect of such Note Debt Security under any present or future law of the United States or jurisdiction therein or any regulation or interpretation of any taxing authority thereof; and (ii) any reporting or other requirements under such laws, regulations or interpretations. Xxxxxxx Fxxxxxx Mac, its agent or 36 such other person shall be entitled to determine its duties and liabilities with respect to such deduction, withholding, reporting or other requirements on the basis of information contained in such certificate or, if no certificate shall be presented, on the basis of any presumption created by any such law, regulation or interpretation, and shall be entitled to act in accordance with such determination.

Appears in 2 contracts

Samples: Global Debt Facility Agreement (Federal Home Loan Mortgage Corp), Global Debt Facility Agreement (Federal Home Loan Mortgage Corp)

Conditions to Payment, Transfer or Exchange. Xxxxxxx Mac, its agent or any other person potentially required to withhold with respect to payments on a Note shall have the right to require a Holder of a Note, as a condition to payment of principal of or interest on such Note, or as a condition to transfer or exchange of such Note, to present at such place as Xxxxxxx Mac, its agent or such other person shall designate a certificate in such form as Xxxxxxx Mac, its agent or such other person may from time to time prescribe, to enable Xxxxxxx Mac, its agent or such other person to determine its duties and liabilities with respect to (i) any taxes, assessments or governmental charges which Xxxxxxx Mac, the Global Agent, the Exchange Administrator Agent or such other person, as the case may be, may be required to deduct or withhold from payments in respect of such Note under any present or future law of the United States or jurisdiction therein or any regulation or interpretation of any taxing authority thereof; and (ii) any reporting or other requirements under such laws, regulations or interpretations. Xxxxxxx Mac, its agent or such other person shall be entitled to determine its duties and liabilities with respect to such deduction, withholding, reporting or other requirements on the basis of information contained in such certificate or, if no certificate shall be presented, on the basis of any presumption created by any such law, regulation or interpretation, and shall be entitled to act in accordance with such determination.

Appears in 2 contracts

Samples: Stacr Debt Agreement, Stacr Debt Agreement

Conditions to Payment, Transfer or Exchange. Xxxxxxx Mac, its agent or any other person potentially required to withhold with respect to payments on a Note Debt Security shall have the right to require a Holder of a NoteDebt Security, as a condition to payment of principal of or interest on such NoteDebt Security, or as a condition to transfer or exchange of such NoteDebt Security, to present at such place as Xxxxxxx Mac, its agent or such other person shall designate a certificate in such form as Xxxxxxx Mac, its agent or such other person may from time to time prescribe, to enable Xxxxxxx Mac, its agent or such other person to determine its duties and liabilities with respect to (i) any taxes, assessments or governmental charges which Xxxxxxx Mac, any Federal Reserve Bank, the Global Agent, the Exchange Administrator Agent or such other person, as the case may be, may be required to deduct or withhold from payments in respect of such Note Debt Security under any present or future law of the United States or jurisdiction therein or any regulation or interpretation of any taxing authority thereof; thereof and (ii) any reporting or other requirements under such laws, regulations or interpretations. Xxxxxxx Mac, its agent or such other person shall be entitled to determine its duties and liabilities with respect to such deduction, withholding, reporting or other requirements on the basis of information contained in such certificate or, if no certificate shall be presented, on the basis of any presumption created by any such law, regulation or interpretationaccordance with such determination. ni terpretation, and shall be entitled to act in accordance with such determination.in

Appears in 1 contract

Samples: Federal Home Loan Mortgage Corporation

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