Common use of Depository as Agent Clause in Contracts

Depository as Agent. For each Book-Entry Certificate, the Depository shall be considered to be acting as the agent of Xxxxxx Xxx in providing to and conferring upon the related Certificate Owners, as such Certificate Owners shall appear on the records of such Depository, the substantive rights and benefits that are provided for herein for Holders of such Certificates. Accordingly, the substantive effect of all provisions herein providing rights and benefits to Holders of such Certificates, including, without limitation, provisions relating to distributions, voting and notices, shall apply to such record owners on the books of the Depository, acting as agent for Xxxxxx Mae.

Depository as Agent. For each Book-Entry Certificate, the Depository shall be considered to be acting as the agent of Xxxxxx Xxx in providing to and conferring upon the related Certificate OwnersCertificateholders, as such Certificate Owners Certificateholders shall appear on the records of such Depository, the substantive rights and benefits that are provided for herein for Holders of such Certificates. Accordingly, the substantive effect of all provisions herein providing rights and benefits to Holders of such Certificates, including, without limitation, provisions relating to distributions, voting and notices, shall apply to such record owners on the books of the Depository, acting as agent for Xxxxxx Mae.

Depository as Agent. For each Book-Entry Certificate, the Depository shall be considered to be acting as the agent of Xxxxxx Xxx Mae in providing to and conferring upon the related Certificate OwnersCertificateholders, as such Certificate Owners Certificateholders shall appear on the records of such Depository, the substantive rights and benefits that are provided for herein for Holders of such Certificates. Accordingly, the substantive effect of all provisions herein providing rights and benefits to Holders of such Certificates, including, without limitation, provisions relating to distributions, voting and notices, shall apply to such record owners on the books of the Depository, acting as agent for Xxxxxx MaeXxx.

Depository as Agent. For each Book-Entry Certificate, the Depository shall be considered to be acting as the agent of Xxxxxx Xxx in providing to and conferring upon the related Certificate OwnersCertificateholders, as such Certificate Owners Certificateholders shall appear on the records of such Depository, the substantive rights and benefits that are provided for herein for Holders of such Certificates. Accordingly, the substantive effect of all provisions herein providing rights and benefits to Holders of such Certificates, including, without limitation, provisions relating to distributions, voting and notices, shall apply to such record owners on the books of the Depository, acting as agent for Xxxxxx MaeXxx.