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 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

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