Common use of Designation of Trust and Certificates Clause in Contracts

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "FHLB Security-Backed Trust, Series 1997-1" and the Certificates evidencing certain undivided ownership interests therein shall be known as "FHLB Security-Backed Certificates, Series 1997-1". (b) It is the intention of all of the parties hereto that the transfer of the Trust Property hereunder and under the Standard Terms shall constitute a sale and Trust created hereunder and thereunder shall constitute a fixed investment trust for federal income tax purposes under Treasury Regulation Section 301.7701-4 and a grantor trust under the Internal Revenue Code of 1986, as amended, and all parties hereto and thereto agree to treat the Trust, any distributions therefrom and the beneficial interest in the Certificates consistently with such characterization. The provisions of this Trust Agreement shall be interpreted consistently with such characterization. (c) The Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. The Certificates shall be issued in minimum denominations of $1,000 and integral multiples of $1,000 in excess thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness.

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "FHLB TVA Security-Backed Trust, Series 19971998-1" and the Certificates evidencing certain undivided ownership interests therein shall be known as "FHLB TVA Security-Backed Certificates, Series 19971998-1.". (b) It is the intention of all of the parties hereto that the transfer of the Trust Property hereunder and under the Standard Terms shall constitute a sale and the Trust created hereunder and thereunder shall constitute a fixed investment trust for federal income tax purposes under Treasury Regulation Section 301.7701-4 and a grantor trust under the Internal Revenue Code of 1986, as amended, and all parties hereto and thereto agree to treat the Trust, any distributions therefrom and the beneficial interest in the Certificates consistently with such characterization. The provisions of this Trust Agreement shall be interpreted consistently with such characterization. (c) The Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. The Certificates shall be issued in minimum denominations of $1,000 and integral multiples of $1,000 in excess thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness.

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "FHLB Treasury Security-Backed Trust, Series 1997-1" and the Certificates evidencing certain undivided ownership interests therein shall be known as "FHLB Treasury Security-Backed Certificates, Series 1997-1.". (b) It is the intention of all of the parties hereto that the transfer of the Trust Property hereunder and under the Standard Terms shall constitute a sale and the Trust created hereunder and thereunder shall constitute a fixed investment trust for federal income tax purposes under Treasury Regulation Section 301.7701-4 and a grantor trust under the Internal Revenue Code of 1986, as amended, and all parties hereto and thereto agree to treat the Trust, any distributions therefrom and the beneficial interest in the Certificates consistently with such characterization. The provisions of this Trust Agreement shall be interpreted consistently with such characterization. (c) The Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. The Certificates shall be issued in minimum denominations of $1,000 and integral multiples of $1,000 in excess thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness.

Designation of Trust and Certificates. (a) The Trust created hereby shall be known as the "FHLB SecurityCorporate Bond-Backed Trust, Series 19971999-1BellSouth-1" and the Certificates evidencing certain undivided ownership interests therein shall be known as "FHLB SecurityCorporate Bond-Backed Certificates, Series 19971999-1BellSouth-1.". (b) It is the intention of all of the parties hereto that the transfer of the Trust Property hereunder and under the Standard Terms shall constitute a sale and the Trust created hereunder and thereunder shall constitute a fixed investment trust for federal income tax purposes under Treasury Regulation Section 301.7701-4 and a grantor trust under the Internal Revenue Code of 1986, as amended, and all parties hereto and thereto agree to treat the Trust, any distributions therefrom and the beneficial interest in the Certificates consistently with such characterization. The provisions of this Trust Agreement shall be interpreted consistently with such characterization. (c) The Certificates shall be held through the Depository in book-entry form and shall be substantially in the form attached hereto as Exhibit B. The Certificates shall be issued in minimum denominations of $1,000 and integral multiples of $1,000 in excess thereof. Except as provided in the Standard Terms, the Trust shall not issue additional Certificates or incur any indebtedness.