Common use of Replacement Clause in Contracts

Replacement. Any Registered Debt Security in definitive form that becomes mutilated, destroyed, stolen or lost shall be replaced by Xxxxxxx Mac at the expense of the Holder upon delivery to the Global Agent of evidence of the destruction, theft or loss thereof, and an indemnity satisfactory to Xxxxxxx Mac and the Global Agent. Upon the issuance of any substituted Registered Debt Security, Xxxxxxx Mac or the Global Agent may require the payment by the Holder of a sum sufficient to cover any taxes and expenses connected therewith.

Appears in 31 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)

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Replacement. Any Registered Debt Security in definitive form that becomes mutilated, destroyed, stolen or lost shall be replaced by Xxxxxxx Freddie Mac at the expense of the Holder upon delivery to the Global Agent of evidence of the destruction, theft or loss thereof, and an indemnity satisfactory to Xxxxxxx Freddie Mac and the Global Agent. Upon the issuance of any substituted Registered Debt Security, Xxxxxxx Freddie Mac or the Global Agent may require the payment by the Holder of a sum sufficient to cover any taxes and expenses connected therewith.

Appears in 7 contracts

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

Replacement. Any Registered Debt Security in definitive form that becomes mutilated, destroyed, stolen or lost shall be replaced by Xxxxxxx Fxxxxxx Mac at the expense of the Holder upon delivery to the Global Agent of evidence of the destruction, theft or loss thereof, and an indemnity satisfactory to Xxxxxxx Fxxxxxx Mac and the Global Agent. Upon the issuance of any substituted Registered Debt Security, Xxxxxxx Fxxxxxx Mac or the Global Agent may require the payment by the Holder of a sum sufficient to cover any taxes and expenses connected therewith.

Appears in 3 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)

Replacement. Any Registered Debt Security in definitive form that becomes mutilated, destroyed, stolen or lost shall be replaced by Xxxxxxx Mac at the expense of the Holder upon delivery to the Global Agent of evidence of the destruction, theft or loss thereof, and an indemnity satisfactory to Xxxxxxx Mac and the Global Agent. Upon the issuance of any substituted Registered Debt Security, Xxxxxxx Mac or the Global Agent may require the payment by the Holder of a sum sufficient to cover any taxes and expenses connected therewith.

Appears in 2 contracts

Samples: Federal Home Loan Mortgage Corporation, Global Debt Facility Agreement

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Replacement. Any Registered Debt Security in definitive form that becomes mutilated, destroyed, stolen or lost shall be replaced by Xxxxxxx Fxxxxxx Mac at the expense of the Holder upon delivery to the Global Agent of evidence of the destruction, theft or loss thereof, and an indemnity satisfactory to Xxxxxxx Fxxxxxx Mac and the Global Agent. Upon the issuance of any substituted Registered Debt 36 Security, Xxxxxxx Fxxxxxx Mac or the Global Agent may require the payment by the Holder of a sum sufficient to cover any taxes and expenses connected therewith.

Appears in 1 contract

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

Replacement. Any Registered Debt Security in definitive form that becomes mutilated, destroyed, stolen or lost shall be Freddie Mac Freddie Mac replaced by Xxxxxxx Mac World Trust at the expense of the Holder upon delivery to the Global Agent of evidence of the destruction, theft or loss thereof, and an indemnity satisfactory to Xxxxxxx Mac World Trust and the Global Agent. Upon the issuance of any substituted Registered Debt Security, Xxxxxxx Mac or the Global Agent may require the payment by the Holder of a sum sufficient to cover any taxes and expenses connected therewith.

Appears in 1 contract

Samples: Credit Facility Agreement

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