Common use of Specified Currencies and Specified Payment Currencies Clause in Contracts

Specified Currencies and Specified Payment Currencies. (a) Each Debt Security shall be denominated and payable in such Specified Currency as determined by Xxxxxxx Mac. Fed Book-Entry Debt Securities will be denominated and payable in U.S. dollars only. (b) Except under the circumstances provided in Article VI hereof, Xxxxxxx Mac shall make payments of any interest on Debt Securities in the Specified Interest Currency and shall make payments of the principal of Debt Securities in the Specified Principal Currency. The Specified Currency for the payment of interest and principal with respect to any Debt Security shall be set forth in the applicable Supplemental Agreement.

Appears in 9 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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Specified Currencies and Specified Payment Currencies. (a) Each Debt Security shall be denominated and payable in such Specified Currency as determined by Xxxxxxx Mac. Fed Book-Entry Debt Securities will be denominated and payable in U.S. dollars only. (b) Except under the circumstances provided in Section 2.03(c)(i) and (ii) and Article VI hereof, Xxxxxxx Mac shall make payments of any interest on Debt Securities in the Specified Interest Currency and shall make payments of the principal of Debt Securities in the Specified Principal Currency. The Specified Currency for the payment of interest and principal with respect to any Debt Security shall be set forth in the applicable Supplemental Agreement.

Appears in 8 contracts

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

Specified Currencies and Specified Payment Currencies. (a) Each Debt Security shall be denominated and payable in such Specified Currency as determined by Xxxxxxx Freddie Mac. Fed Book-Entry Debt Securities will be denominated and payable in U.S. dollars only. (b) Except under the circumstances provided in Article VI hereof, Xxxxxxx Freddie Mac shall make payments of any interest on Debt Securities in the Specified Interest Currency and shall make payments of the principal of Debt Securities in the Specified Principal Currency. The Specified Currency for the payment of interest and principal with respect to any Debt Security shall be set forth in the applicable Supplemental Agreement.

Appears in 6 contracts

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

Specified Currencies and Specified Payment Currencies. (a) Each Debt Security shall be denominated and payable in such Specified Currency as determined by Xxxxxxx Mac. Fed Book-Entry Debt Securities will be denominated and payable in U.S. dollars only. (b) Except under the circumstances provided in Section 2.03(c)(i) and (ii) and Article VI hereof, Xxxxxxx Mac shall make payments of any interest on Debt Securities in the Specified Interest Currency and shall make payments of the principal of Debt Securities in the Specified Principal Currency. The Specified Currency for the payment of interest and principal with respect to any Debt Security shall be set forth in the applicable Supplemental Agreement. (c) European Economic and Monetary Union and Unavailability

Appears in 5 contracts

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

Specified Currencies and Specified Payment Currencies. (a) Each Debt Security shall be denominated and payable in such Specified Currency as determined by Xxxxxxx Mac. Fed Book-Entry Debt Securities will be denominated and payable in U.S. dollars only. (b) Except under the circumstances provided in Section 2.03(c)(i) and (ii) and Article VI V hereof, Xxxxxxx Mac shall make payments of any interest on Debt Securities in the Specified Interest Currency and shall make payments of the principal of Debt Securities in the Specified Principal Currency. The Specified Currency for the payment of interest and principal with respect to any Debt Security shall be set forth in the applicable Supplemental Agreement.

Appears in 3 contracts

Samples: Global Debt Facility Agreement, Global Debt Facility Agreement, Global Debt Facility Agreement

Specified Currencies and Specified Payment Currencies. (a) Each Debt Security shall be denominated and payable in such Specified Currency as determined by Xxxxxxx Fxxxxxx Mac. Fed Book-Entry Debt Securities will be denominated and payable in U.S. dollars only. (b) Except under the circumstances provided in Section 2.03(c)(i) and (ii) and Article VI hereof, Xxxxxxx Fxxxxxx Mac shall make payments of any interest on Debt Securities in the Specified Interest Currency and shall make payments of the principal of Debt Securities in the Specified 10 Principal Currency. The Specified Currency for the payment of interest and principal with respect to any Debt Security shall be set forth in the applicable Supplemental Agreement.

Appears in 2 contracts

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

Specified Currencies and Specified Payment Currencies. (a) Each Debt Security shall be denominated and payable in such Specified Currency as determined by Xxxxxxx Fxxxxxx Mac. Fed Book-Entry Debt Securities will be denominated and payable in U.S. dollars only. (b) Except under the circumstances provided in Section 2.03(c)(i) and (ii) and Article VI hereof, Xxxxxxx Fxxxxxx Mac shall make payments of any interest on Debt Securities in the Specified Interest Currency and shall make payments of the principal of Debt Securities in the Specified Principal Currency. The Specified Currency for the payment of interest and principal with respect to any Debt Security shall be set forth in the applicable Supplemental Agreement. (c) European Economic and Monetary Union and Unavailability

Appears in 1 contract

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

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Specified Currencies and Specified Payment Currencies. (a) Each Debt Security shall be denominated and payable in such Specified Currency as determined by Xxxxxxx Mac. Fed Book-Entry Debt Securities will be denominated and payable in U.S. dollars only. (b) Except under the circumstances provided in Section 2.03(c)(i) and (ii) and Article VI hereof, Xxxxxxx Mac shall make payments of any interest on Debt Securities in the Specified Interest Currency and shall make payments of the principal of Debt Securities in the Specified Principal Currency. The Specified Currency for the payment of interest and principal with respect to any Debt Security shall be set forth in the applicable Supplemental Agreement. (c) European Economic and Monetary Union and Unavailability.

Appears in 1 contract

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

Specified Currencies and Specified Payment Currencies. (a) Each Debt Security shall be denominated and payable in such Specified Currency as determined by Xxxxxxx Fxxxxxx Mac. Fed Book-Entry Debt Securities will be denominated and payable in U.S. dollars only. (b) Except under the circumstances provided in Section 2.03(c)(i) and (ii) and Article VI hereof, Xxxxxxx Fxxxxxx Mac shall make payments of any interest on Debt Securities in the Specified 10 Interest Currency and shall make payments of the principal of Debt Securities in the Specified Principal Currency. The Specified Currency for the payment of interest and principal with respect to any Debt Security shall be set forth in the applicable Supplemental Agreement.

Appears in 1 contract

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

Specified Currencies and Specified Payment Currencies. (a) Each Debt Security shall be denominated and payable in such Specified Currency as determined by Xxxxxxx Mac. Fed Book-Entry Debt Securities will be denominated and payable in U.S. dollars only. (b) Except under the circumstances provided in Section 2.03(c)(i) and (ii) and Article VI hereof, Xxxxxxx Mac shall make payments of any interest on Debt Securities in the Specified Interest Currency and shall make payments of the principal of Debt Securities in the Specified Principal Currency. The Specified Currency for the payment of interest and principal with respect to any Debt Security shall be set forth in the applicable Supplemental Agreement.

Appears in 1 contract

Samples: Global Debt Facility Agreement

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