Common use of Issuance of Certificates Clause in Contracts

Issuance of Certificates. The Classes of Certificates shall be issued in book-entry form and shall be maintained in the names of the record owners thereof as entries on the books of a Reserve Bank. Such Certificates shall be in authorized denominations of $1,000 and integral multiples of $1 in excess thereof (in the case of any Interest Only Certificates, which have no principal balances, such denominations will represent the original notional principal balances thereof) and may be transferred or pledged in accordance with and subject to regulations governing Xxxxxx Mae’s use of the book-entry system (as the same shall be in effect at the time of any such transfer or pledge), Federal Reserve Bank of New York Operating Circulars 21 and 21A and procedures that are followed generally for book-entry securities.

Issuance of Certificates. The Classes of Certificates shall be issued in book-entry form and shall be maintained in the names of the record owners thereof as entries on the books of a Reserve Bank. Such Certificates shall be in the authorized denominations of $1,000 and integral multiples of $1 specified in excess thereof the Prospectus Supplement (in the case of any Interest Only Certificates, which have no principal balances, such denominations will represent the original notional principal balances thereof) and may be transferred or pledged in accordance with and subject to regulations governing Xxxxxx Mae’s use of the book-entry system (as the same shall be in effect at the time of any such transfer or pledge), Federal Reserve Bank of New York Operating Circulars 21 and 21A and procedures that are followed generally for book-entry securities.

Issuance of Certificates. The Classes of Certificates shall be issued in book-entry form and shall be maintained in the names of the record owners thereof as entries on the books of a Reserve Bank. Such Certificates shall be in the authorized denominations of $1,000 and integral multiples of $1 specified in excess thereof the Prospectus Supplement (in the case of any Interest Only Certificates, which have no principal balances, such denominations will represent the original notional principal balances thereof) and may be transferred or pledged in accordance with and subject to regulations governing Xxxxxx Mae’s use of the book-entry system (as the same shall be in effect at the time of any such transfer or pledge), Federal Reserve Bank of New York Operating Circulars 21 and 21A and procedures that are followed generally for book-entry securities.

Issuance of Certificates. The Classes of Certificates shall be issued in book-entry form and shall be maintained in the names of the record owners thereof as entries on the books of a Reserve Bank. Such Certificates shall be in authorized denominations of $1,000 and integral multiples of $1 in excess thereof (in the case of any Interest Only Certificates, which have no principal balances, such denominations will represent the original notional principal balances thereof) and may be transferred or pledged in accordance with and subject to regulations governing Xxxxxx Fannie Mae’s use of the book-entry system (as the same shall be in effect at the time of any such transfer or pledge), Federal Reserve Bank of New York Operating Circulars 21 and 21A and procedures that are followed generally for book-entry securities.

Issuance of Certificates. The Classes of Certificates shall be issued in book-entry form and shall be maintained in the names of the record owners thereof as entries on the books of a Reserve Bank. Such Certificates shall be in the authorized denominations of $1,000 and integral multiples of $1 specified in excess thereof the Prospectus Supplement (in the case of any the Interest Only Certificates, which have no principal balances, such denominations will represent the original notional principal balances thereof) and may be transferred or pledged in accordance with and subject to regulations governing Xxxxxx Mae’s use of the book-entry system (as the same shall be in effect at the time of any such transfer or pledge), Federal Reserve Bank of New York Operating Circulars 21 and 21A and procedures that are followed generally for book-entry securities.

Issuance of Certificates. The Classes Each Class of Certificates shall be issued in book-entry form and shall be maintained in the names of the record owners thereof as entries on the books of a Reserve Bank. Such The Certificates shall be in authorized denominations of $1,000 and integral multiples of $1 in excess thereof (in the case of any Interest Only Certificatesthe IO Class, which have has no principal balancesbalance, such denominations will represent the original notional principal balances balance thereof) and may be transferred or pledged in accordance with and subject to regulations governing Xxxxxx Mae’s use of the book-entry system (as the same shall be in effect at the time of any such transfer or pledge), Federal Reserve Bank of New York Operating Circulars 21 and 21A and procedures that are followed generally for book-entry securities.

Issuance of Certificates. The Classes of Certificates shall be issued in book-entry form and shall be maintained in the names of the record owners thereof as entries on the books of a Reserve Bank. Such Certificates shall be in the authorized denominations of $1,000 and integral multiples of $1 specified in excess thereof the Prospectus Supplement (in the case of any Interest Only Certificates, which have no principal balances, such denominations will represent the original notional principal balances thereof) and may be transferred or pledged in accordance with and subject to regulations governing Xxxxxx Fannie Mae’s use of the book-entry system (as the same shall be in effect at the time of any such transfer or pledge), Federal Reserve Bank of New York Operating Circulars 21 and 21A and procedures that are followed generally for book-entry securities.