Payments to MAC Notes. If on the Maturity Date a Class of MAC Notes that is entitled to principal is outstanding, all principal amounts that are payable by Freddie Mac on Class M Notes that were exchanged for such MAC Notes will be allocated to and payable on such MAC Notes in accordance with the exchange proportions applicable to the related Combination. The Interest Only MAC Notes are not entitled to receive payments of principal.
Appears in 28 contracts
Samples: Global Agency Agreement, Global Agency Agreement, Global Agency Agreement
Payments to MAC Notes. If on the Maturity Date a Class of MAC Notes that is entitled to principal is outstanding, all principal amounts that are payable by Freddie Xxxxxxx Mac on Class M Notes that were exchanged for such MAC Notes will be allocated to and payable on such MAC Notes in accordance with the exchange proportions applicable to the related Combination. The Interest Only MAC Notes are not entitled to receive payments of principal.
Appears in 27 contracts
Samples: Stacr® Debt Agreement, Stacr® Debt Agreement, Stacr® Debt Agreement
Payments to MAC Notes. If on the Maturity Date a Class of MAC Notes that is entitled to principal is outstanding, all principal amounts that are payable by Freddie Xxxxxxx Mac on Class M Exchangeable Notes that were exchanged for such MAC Notes (or any MAC Notes further exchanged for such MAC Notes pursuant to Combination 2, 3, 4 or 5) will be allocated to and payable on such MAC Notes in accordance with the exchange proportions applicable to the related Combination. The Interest Only MAC Notes are not entitled to receive payments of principal.
Appears in 21 contracts
Samples: Stacr® Debt Agreement, Global Agency Agreement, Stacr® Debt Agreement
Payments to MAC Notes. If on the Maturity Date a Class of MAC Notes that is entitled to principal is outstanding, all principal amounts that are payable by Freddie Mac on Class M Exchangeable Notes that were exchanged for such MAC Notes (or any MAC Notes further exchanged for such MAC Notes pursuant to Combination 2, 3, 4 or 5) will be allocated to and payable on such MAC Notes in accordance with the exchange proportions applicable to the related Combination. The Interest Only MAC Notes are not entitled to receive payments of principal.
Appears in 20 contracts
Samples: Global Agency Agreement, Global Agency Agreement, Stacr® Debt Agreement
Payments to MAC Notes. If on the Maturity Date a Class of MAC Notes that is entitled to principal is outstanding, all principal amounts that are payable by Freddie Mac on Class M Exchangeable Notes that were exchanged for such MAC Notes will be allocated to and payable on such MAC Notes in accordance with the exchange proportions applicable to the related Combination. The Interest Only MAC Notes are not entitled to receive payments of principal.
Appears in 18 contracts
Samples: Global Agency Agreement, Stacr® Debt Agreement, Global Agency Agreement
Payments to MAC Notes. If on the Maturity Date a Class of MAC Notes that is entitled to principal is outstanding, all principal amounts that are payable by Freddie Xxxxxxx Mac on Class M Original Notes that were exchanged for such MAC Notes will be allocated to and payable on such MAC Notes in accordance with the exchange proportions applicable to the related Combination. The Interest Only MAC Notes are not entitled to receive payments of principal.
Appears in 18 contracts
Samples: Global Agency Agreement, Stacr® Debt Agreement, Stacr® Debt Agreement
Payments to MAC Notes. If on the Maturity Date a Class of MAC Notes that is entitled to principal is outstanding, all principal amounts that are payable by Freddie Xxxxxxx Mac on Class M Exchangeable Notes that were exchanged for such MAC Notes will be allocated to and payable on such MAC Notes in accordance with the exchange proportions applicable to the related Combination. The Interest Only MAC Notes are not entitled to receive payments of principal.
Appears in 16 contracts
Samples: Global Agency Agreement, Global Agency Agreement, Stacr® Debt Agreement
Payments to MAC Notes. If on the Maturity Date a Class of MAC Notes that is entitled to principal is outstanding, all principal amounts that are payable by Freddie Mac on Class M Original Notes that were exchanged for such MAC Notes will be allocated to and payable on such MAC Notes in accordance with the exchange proportions applicable to the related Combination. The Interest Only MAC Notes are not entitled to receive payments of principal.
Appears in 14 contracts
Samples: Global Agency Agreement, Global Agency Agreement, Stacr® Debt Agreement
Payments to MAC Notes. If on the Maturity Date a Class of MAC Notes that is entitled to principal is outstanding, all principal amounts that are payable by Freddie Xxxxxxx Mac on Class M Exchangeable Notes that are Original Principal Balance Notes and that were exchanged for such MAC Notes (or any MAC Notes further exchanged for such MAC Notes pursuant to Combination 4, 5, 6 or 7) will be allocated to and payable on such MAC Notes in accordance with the exchange proportions applicable to the related Combination. The Interest Only MAC Notes are not entitled to receive payments of principal.
Appears in 3 contracts
Samples: Global Agency Agreement, Stacr® Debt Agreement, Global Agency Agreement
Payments to MAC Notes. If on the Maturity Date a Class of MAC Notes that is entitled to principal is outstanding, all principal amounts that are payable by Freddie Mac on Class M Exchangeable Notes that are Original Principal Balance Notes and that were exchanged for such MAC Notes (or any MAC Notes further exchanged for such MAC Notes pursuant to Combination 4, 5, 6 or 7) will be allocated to and payable on such MAC Notes in accordance with the exchange proportions applicable to the related Combination. The Interest Only MAC Notes are not entitled to receive payments of principal.
Appears in 1 contract
Samples: Global Agency Agreement