Common use of Administrator May Appoint Paying Agents Clause in Contracts

Administrator May Appoint Paying Agents. The Administrator may appoint one or more Paying Agents to perform the obligations of the Administrator under Section 4.03. Each such Paying Agent will execute and deliver to Xxxxxxx Mac an instrument in which such Paying Agent agrees with Xxxxxxx Mac to comply with all obligations and covenants imposed on Paying Agents by the Series Certificate Agreement and by such instrument. If appointed, a Paying Agent will provide notices to Xxxxxxx Mac pursuant to Section 6.06(a)(v) in connection with payments pursuant to the Liquidity Facility.

Administrator May Appoint Paying Agents. The Administrator may appoint one or more Paying Agents to perform the obligations of the Administrator under Section 4.03. Each such Paying Agent will execute and deliver to Xxxxxxx Fxxxxxx Mac an instrument in which such Paying Agent agrees with Xxxxxxx Fxxxxxx Mac to comply with all obligations and covenants imposed on Paying Agents by the Series Certificate Agreement and by such instrument. If appointed, a Paying Agent will provide notices to Xxxxxxx Fxxxxxx Mac pursuant to Section 6.06(a)(v) in connection with payments pursuant to the Liquidity Facility.

Administrator May Appoint Paying Agents. The Administrator may appoint one or more Paying Agents to perform the obligations of the Administrator under Section 4.03. Each such Paying Agent will execute and deliver to Xxxxxxx Fxxxxxx Mac an instrument in which such Paying Agent agrees with Xxxxxxx Fxxxxxx Mac to comply with all obligations and covenants imposed on Paying Agents by the Series Certificate Agreement and by such instrument. If appointed, a Paying Agent will provide notices to Xxxxxxx Fxxxxxx Mac pursuant to Section 6.06(a)(v) in connection with payments pursuant to the Liquidity Facility, if applicable.