Common use of Reimbursement of Liquidity Advances Clause in Contracts

Reimbursement of Liquidity Advances. The Sponsor shall reimburse Freddie Mac for each Liquidity Advance, from the sources and in the priority established in accordance with the provisions of this Agreement and Section 4.03 of the applicable Series Certificate Agreement (except to the extent that remarketing proceeds have already become available for application to such reimbursement) and subject to the limitations contained in Section 9.11 hereof, together with interest on the Liquidity Advance that has accrued but has not been paid, under Section 3.3(a) on the first to occur of:

Reimbursement of Liquidity Advances. The Sponsor shall reimburse Freddie or cause to be reimbursed Xxxxxxx Mac for each Liquidity Advance, from the sources and in the priority established in accordance with the provisions of this Agreement and Section 4.03 of the applicable Series Certificate Agreement (except to the extent that remarketing proceeds have already become available for application to such reimbursement) and subject to the limitations contained in Section 9.11 hereof), together with interest on the Liquidity Advance that has accrued but has not been paid, under Section 3.3(a) on the first to occur of:

Reimbursement of Liquidity Advances. The Sponsor shall reimburse Freddie or cause to be reimbursed Fxxxxxx Mac for each Liquidity Advance, from the sources and in the priority established in accordance with the provisions of this Agreement and Section 4.03 of the applicable Series Certificate Agreement (except to the extent that remarketing proceeds have already become available for application to such reimbursement) and subject to the limitations contained in Section 9.11 hereof), together with interest on the Liquidity Advance that has accrued but has not been paid, under Section 3.3(a) on the first to occur of: