Common use of Euroclear and Clearstream, Luxembourg Clause in Contracts

Euroclear and Clearstream, Luxembourg. Investors holding Other Registered Debt Securities through Euroclear, Clearstream, Luxembourg or such other clearing system shall follow the settlement procedures applicable to conventional Eurobonds in registered form. Such Other Registered Debt Securities shall be credited to Euroclear, Clearstream, Luxembourg or such other clearing system participants’ securities accounts either on the relevant Issue Date or on the settlement day following the relevant Issue Date against payment in same-day funds (for value on the relevant Issue Date).

Appears in 37 contracts

Samples: Global Debt Facility Agreement (Federal Home Loan Mortgage Corp), Global Debt Facility Agreement (Federal Home Loan Mortgage Corp), Global Debt Facility Agreement (Federal Home Loan Mortgage Corp)

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Euroclear and Clearstream, Luxembourg. Investors holding Other Registered Debt Securities Securi- ties through Euroclear, Clearstream, Luxembourg or such other clearing system shall follow the settlement procedures applicable to conventional Eurobonds in registered form. Such Other Registered Debt Securities shall be credited to Euroclear, Clearstream, Luxembourg or such other clearing system participants’ securities accounts either on the relevant Issue Date or on the settlement day following the relevant Issue Date against payment in same-day funds (for value on the relevant Issue Date).

Appears in 3 contracts

Samples: Federal Home Loan Mortgage Corporation Global Debt Facility Agreement, Federal Home Loan Mortgage Corporation Global Debt Facility Agreement, Federal Home Loan Mortgage Corporation Global Debt Facility Agreement

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Euroclear and Clearstream, Luxembourg. Investors holding Other Registered Debt Securities through Euroclear, Clearstream, Luxembourg or such other clearing system shall follow the settlement procedures applicable to conventional Eurobonds in registered form. Such Other Registered Debt Securities shall be credited to Euroclear, Clearstream, Luxembourg or such other clearing system participants’ securities accounts either on the relevant Issue Date or on the 26 settlement day following the relevant Issue Date against payment in same-day funds (for value on the relevant Issue Date).

Appears in 1 contract

Samples: Global Debt Facility Agreement (Federal Home Loan Mortgage Corp)

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