Examples of Original Notes in a sentence
On the Maturity Date, Freddie Mac shall pay 100% of the outstanding Class Principal Balance as of such date to the Holders of each Class of Original Notes (without regard to any exchanges of Class M Notes for MAC Notes), after taking into account any allocations of any Tranche Write-down Amounts and Tranche Write-up Amounts applicable to such Classes for such Payment Date.
Issuer hereby appoints U.S. Bank, acting through its corporate trust office at Xxx Xxxxxxx Xxxxxx, 0xx Xxxxx, Xxxxxx, Xxxxxxxxxxxxx 00000 (and, as may be required by applicable law, any other corporate trust office thereof in the relevant jurisdiction), as Global Agent of Issuer in respect of the Original Notes, upon the terms and subject to the conditions set forth herein, and U.S. Bank hereby accepts such appointment.
Original Notes shall be deposited with (i) the Global Agent as a custodian for, and registered in the name of a nominee of, DTC, or (ii) the Global Agent as a Common Depositary, and registered in the name of such Common Depositary or a nominee of such Common Depositary.
On each Payment Date on or prior to the Termination Date, the Class Principal Balance of each Class of Original Notes will be increased (in each case without regard to any exchanges of Class M Notes for MAC Notes) by the amount of the increase, if any, in the Class Notional Amount of the Corresponding Class of Reference Tranche due to the allocation of Tranche Write-up Amounts to such Class of Reference Tranche on such Payment Date pursuant to Section 3.03(c) above.
The Original Notes shall be issued and maintained in minimum denominations of $250,000 and additional increments of $1.