Exchange Administrator definition

Exchange Administrator means the entity selected by Freddie Mac to act as its exchange administrator for the Exchangeable Notes and the MAC Notes, which as of the Closing Date is U.S. Bank.

Exchange Administrator has the meaning specified in the preamble, and any duly qualified and appointed successor or successors of U.S. Bank thereto.

Exchange Administrator means the entity selected by Xxxxxx Xxx to act as administrator for exchanges of Exchangeable Notes for RCR Notes and vice versa, which as of the Closing Date is Xxxxx Fargo Bank, X.X. Xxxxx Fargo Bank, N.A. will perform its duties as Exchange Administrator through its Corporate Trust Services division.

Examples of Exchange Administrator in a sentence

• The Global Agent and the Exchange Administrator may conclusively rely upon, and shall be fully protected in its reliance upon, written instructions (which shall include any instructions given or confirmed in writing by facsimile or through a time-sharing terminal) given by the Issuer pursuant to this Agreement which the Global Agent or the Exchange Administrator, as applicable, believes in good faith to have been given by an Authorized Officer.

• References to the Global Agent or the Exchange Administrator in (i)-(vii) below shall apply, mutatis mutandis, to any agent appointed hereunder.

• Each of the Global Agent and the Exchange Administrator may resign any appointment hereunder by giving the Issuer at least 60 days' written notice to such effect.

• Anything in this Agreement to the contrary notwithstanding, in no event shall the Global Agent or the Exchange Administrator be personally liable for any special, indirect, punitive or consequential loss or damage of any kind whatsoever (including but not limited to lost profits).

• In addition, for the purpose of projecting cash flows, the Exchange Administrator shall assume a Constant Prepayment Rate of 10% and a One-Month LIBOR rate of 0.64889% such that the interest projections for each variable rate will be a fixed rate equal to the value of the variable rate as of the Closing Date.

More Definitions of Exchange Administrator

Exchange Administrator has the meaning specified in the preamble, and any duly qualified and appointed successor to Xxxxx Fargo in such capacity. Xxxxx Fargo will perform its duties as Exchange Administrator hereunder through its Corporate Trust Services division.

Exchange Administrator means the entity selected by the Administrator to act as administrator for exchanges of Exchangeable Notes for RCR Notes and vice versa, which initially is Citibank.

Exchange Administrator means the entity selected by the Administrator to act asadministrator for exchanges of Exchangeable Notes for RCR Notes and vice versa, which initially is Wells Fargo Bank, N.A. Wells Fargo Bank, N.A. will perform its duties as Exchange Administrator through its Corporate Trust Services division.

Exchange Administrator means the entity selected by Freddie Mac to act as its exchange administrator for the Exchangeable Notes and the MAC Notes, which as of the Closing Date is Citibank.

Exchange Administrator means the entity selected by Freddie Mac to act as its exchange administrator for the Class M Notes and the MAC Notes, which as of the Closing Date is DBTCA.

Exchange Administrator has the meaning specified in the preamble, and any duly qualified and appointed successor or successors of DBTCA thereto.

Exchange Administrator has the meaning specified in the preamble, and any duly qualified and appointed successor or successors of Citibank thereto.