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

• Pursuant to the terms of the Global Agency Agreement, the Global Agent shall calculate the Class Coupons for the applicable Classes of Notes (including MAC Notes on which the Exchange Administrator has directed the Global Agent to make payments) for each Accrual Period (after the first Accrual Period) on the applicable LIBOR Adjustment Date.

• No service charge shall be made for any transfer or exchange of Notes, but prior to transfer the Registrar or Exchange Administrator may require payment by the transferor of a sum sufficient to cover any tax or governmental charge that may be imposed in connection with any transfer or exchange of Notes.

• After receiving the notice, the Exchange Administrator will e-mail the Noteholder with wire payment instructions relating to the exchange fee.

• Xxxxxxx Mac, the Global Agent, the Exchange Administrator and the Registrar may treat the Holders as the absolute owners of Notes for the purpose of making payments and for all other purposes, whether or not such Notes shall be overdue and notwithstanding any notice to the contrary.

• Payments of principal and interest due to Holders of Classes maintained on the DTC System shall be paid by Xxxxxxx Mac (or the Global Agent, whether taking direction from Xxxxxxx Mac or from the Exchange Administrator) to DTC in immediately available funds.

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 Xxxxxxx 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.