Common use of Authorization; Certain Terms Section 2.01. Authorization Clause in Contracts

Authorization; Certain Terms Section 2.01. Authorization. Debt Securities shall be issued by Xxxxxxx Mac in accordance with the authority vested in Xxxxxxx Mac by Section 306(a) of the Xxxxxxx Mac Act. The indebtedness represented by the Debt Securities shall be unsecured general obligations of Xxxxxxx Mac, or, if so provided in the applicable Supplemental Agreement, secured obligations or unsecured subordinated obligations of Xxxxxxx Mac. Debt Securities shall be offered from time to time by Xxxxxxx Mac in an unlimited amount and shall be known by the designation given them, and have the Maturity Dates stated, in the applicable Supplemental Agreement. Xxxxxxx Mac, in its discretion and at any time, may offer Additional Debt Securities having the same terms and conditions as Debt Securities previously offered. The Debt Securities may be issued as Reference Securities, which includes Callable Reference Notes, Reference Notes and Reference Bonds, or may be issued as any other Debt Securities, denominated in U.S. dollars or other currencies, with maturities of one day or longer and may be in the form of Notes or Bonds or otherwise. Issuances may consist of new issues of Debt Securities or reopenings of an existing issue of Debt Securities.

Authorization; Certain Terms Section 2.01. Authorization. Debt Securities shall be issued by Xxxxxxx Mac in accordance with the authority vested in Xxxxxxx Mac by Section 306(a) of the Xxxxxxx Mac Act. The indebtedness represented by the Debt Securities shall be unsecured general obligations of Xxxxxxx Mac, or, if so provided in the applicable Supplemental Agreement, secured obligations or unsecured subordinated obligations of Xxxxxxx Mac. Debt Securities shall be offered from time to time by Xxxxxxx Mac in an unlimited amount and shall be known by the designation given them, and have the Maturity Dates stated, in the applicable Supplemental Agreement. Xxxxxxx Mac, in its discretion and at any time, may offer Additional Debt Securities having the same terms and conditions as Debt Securities previously offered. The Debt Securities may be issued as Reference Securities, which includes Callable Reference Notes, Reference Notes and Reference Bonds, or may be issued as any other Debt Securities, denominated in U.S. dollars or other currencies, with maturities of one day or longer and may be in the form of Notes or Bonds or otherwise. Issuances may consist of new issues of Debt Securities or reopenings of an existing issue of Debt Securities.

Authorization; Certain Terms Section 2.01. Authorization. Debt Securities shall be issued by Xxxxxxx Mac in accordance with the authority vested in Xxxxxxx Mac by Section 306(a) of the Xxxxxxx Mac Act. The indebtedness represented by the Debt Securities shall be unsecured general obligations of Xxxxxxx Mac, or, if so provided in the applicable Supplemental Agreement, secured obligations or unsecured subordinated obligations of Xxxxxxx Mac. Debt Securities shall be offered from time to time by Xxxxxxx Mac in an unlimited amount and shall be known by the designation given them, and have the Maturity Dates stated, in the applicable Supplemental Agreement. Xxxxxxx Mac, in its discretion and at any time, may offer Additional Debt Securities having the same terms and conditions as Debt Securities previously offered. The Debt Securities may be issued as Reference Securities, which includes Callable Reference Notes, Reference Notes, Reference Bonds, εReference Notes and Reference εReference Bonds, or may be issued as any other Debt Securities, denominated in U.S. dollars or other currencies, with maturities of one day or longer and may be in the form of Notes or Bonds or otherwise. Issuances may consist of new issues of Debt Securities or reopenings of an existing issue of Debt Securities.