Farmer Mac definition

Farmer Mac means the Federal Agricultural Mortgage Corporation, a corporation organized and existing under the laws of the United States of America and a federally-chartered instrumentality of the United States of America and an institution of the Farm Credit System.
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Farmer Mac. Fxxxxxx Agricultural Mortgage Corporation, a federally chartered instrumentality of the United States, or its successor in interest or any successor appointed as herein provided.
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Farmer Mac means the Federal Agricultural Mortgage Corporation. “ FHA ” means the United States Federal Housing Administration.
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Examples of Farmer Mac in a sentence

  • All payments made to or upon the order of any such person shall be valid and, to the extent of the sum or sums so paid, effectual to satisfy and discharge liabilities for moneys payable by Farmer Mac on or with respect to any such share or shares of Preferred Stock.

  • Farmer Mac and any agent of Farmer Mac may deem and treat the holder of a share or shares of Preferred Stock, as shown in Farmer Mac’s books and records, as the absolute owner of such share or shares of Preferred Stock for the purpose of receiving payment of dividends in respect of such share or shares of Preferred Stock and for all other purposes whatsoever, and neither Farmer Mac nor any agent of Farmer Mac shall be affected by any notice to the contrary.

  • The holders of shares of the Preferred Stock shall not have any right to convert such shares into or exchange such shares for any other class or series of stock or obligations of Farmer Mac.

  • Includes interest income and interest expense related to consolidated trusts owned by third parties reclassified from net interest income to guarantee and commitment fees to reflect management's view that the net interest income Farmer Mac earns is effectively a guarantee fee on the consolidated Farmer Mac Guaranteed Securities.

  • After the payment of the aforesaid amounts to which they are entitled, the holders of outstanding shares of the Preferred Stock and the holders of outstanding shares of any such parity stock shall not be entitled to any further participation in any distribution of assets of Farmer Mac.

  • Farmer Mac may at its option issue shares of Preferred Stock without certificates.

  • Dividends shall be paid to holders of record of outstanding shares of the Preferred Stock as they appear in the books and records of Farmer Mac on the record date fixed by the Board of Directors, not to be earlier than 45 days nor later than 10 days preceding the applicable Dividend Payment Date.

  • Consents shall be effective when duly executed and delivered to Farmer Mac in accordance with the applicable procedures of DTC.

  • Such notice, demand, or other communication to or upon Farmer Mac shall be deemed to have been sufficiently given or made only upon actual receipt of a writing by Farmer Mac.

  • In the event that Farmer Mac shall not declare any one or more dividends or any part thereof on the Preferred Stock, the holders of the Preferred Stock shall not have any claim in respect of such non-payment.


More Definitions of Farmer Mac

Farmer Mac. The Federal Agricultural Mortgage Corporation, a xxxxxxlly chartered institution of the Farm Credit System and instrumentality of the United States, or any successor corporation or entity or Farmer Mac's designee. The term Farmer Mac, when used to refer xx xxe entity owning the Qualxxxxx Loans, shall also include any entity designated by Farmer Mac to be the holder of the Qualified Loans.
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Related to Farmer Mac

  • Farmer means a natural or legal person, or a group of natural or legal persons, whatever legal status is granted to the group and its members by national law, whose holding is situated within Community territory, as referred to in Article 299 of the Treaty, and who exercises an agricultural activity.

  • Countrywide Countrywide Home Loans, Inc., a New York corporation and its successors and assigns.

  • Fannie Mae The Federal National Mortgage Association, or any successor xxxxxto.

  • SPS means ADB's Safeguard Policy Statement (2009);

  • CPS means Consumer Portfolio Services, Inc., a California corporation and its successors.

  • PIM means that the PIM for the Original Project, revised specifically for this additional financing-Project which manual is referred to in Schedule 2 to this Agreement, and contains, inter alia, monitoring and performance indicators, procurement guidelines, bidding procedures, other relevant arrangements for carrying out the Project, as the same may be amended from time to time with the approval of the Association, and such term includes any schedules and attachments supplemental to the Project Implementation Manual.

  • PHH means PHH Corporation, a Maryland corporation.

  • Growler means any refillable, resealable container complying with federal law.

  • GMAC GMAC Mortgage Corporation, or its successor in interest.

  • Prudential means The Prudential Insurance Company of America.

  • BCI means the Bureau of Criminal Identification, and is the designated state agency of the Division of Criminal Investigation and Technical Services Division, within the Department of Public Safety, responsible to maintain criminal records in the State of Utah.

  • The Purchaser means the organization purchasing the Goods, as named in SCC.

  • MLCC Xxxxxxx Xxxxx Credit Corporation, or its successor in interest.

  • MBS means mortgage-backed securities.

  • the Seller means the person so described in the Order;

  • ERO means the Electric Reliability Organization, currently the North American Electric Reliability Corporation, or any successor organization, certified by FERC pursuant to 18 C.F.R. §39.3.

  • EMC EMC Mortgage Corporation, or its successor in interest.

  • Rural means those areas designated by USDA as being eligible Rural areas. A list of USDA Rural areas can be accessed on the USDA website at [http://eligibility.sc.egov.usda.gov/]

  • Countrywide Servicing Countrywide Home Loans Servicing LP, a Texas limited partnership and its successors and assigns.

  • Investment officer means the State Treasurer in the capacity as investment officer for the

  • Takeout Investor means any institution which has made a Takeout Commitment and has been approved by Buyer, in its sole and absolute discretion.

  • Procurement Officer means the Buyer's contracting personnel, as identified in the Introductory Materials.

  • GM means genetically modified.

  • PMI means the default insurance provided by private mortgage insurance companies.

  • Continuing education provider or “CE provider” means an individual or entity that is approved to offer continuing education courses pursuant to [insert reference in State law or regulations governing producer continuing education course approval].

  • PFI means the proprietary financial information as defined in RCW 43.371.010(12).