Common use of Transfer of PCs Clause in Contracts

Transfer of PCs. PCs may be transferred only in minimum original principal amounts of $1,000 and additional increments of $1. PCs may not be transferred if, as a result of the transfer, the transferor or the new Holder would have on deposit in its account PCs of the same issue with an original principal amount of less than $1,000. The transfer, exchange or pledge of PCs will be governed by the Ñscal agency agreement between Xxxxxxx Mac and a Federal Reserve Bank, the Book-Entry Rules and such other procedures as will be agreed upon from time to time by Xxxxxxx Mac and a Federal Reserve Bank. A Federal Reserve Bank will act only upon the instructions of the Holder in recording transfers of a PC. A charge may be made for any transfer of a PC and will be made for any tax or other governmental charge imposed in connection with a transfer of a PC.

Transfer of PCs. PCs may be transferred only in minimum original principal amounts of $1,000 and additional increments of $1. PCs may not be transferred if, as a result of the transfer, the transferor or the new Holder would have on deposit in its account PCs of the same issue with an original principal amount of less than $1,000. The 1,000.The transfer, exchange or pledge of PCs will be governed by the Ñscal fiscal agency agreement between Xxxxxxx Mac and a Federal Reserve Bank, the Book-Entry Rules and such other procedures as will be agreed upon from time to time by Xxxxxxx Mac and a Federal Reserve Bank. A Federal Reserve Bank will act only upon the instructions of the Holder in recording transfers of a PC. A charge may be made for any transfer of a PC and will be made for any tax or other governmental charge imposed in connection with a transfer of a PC.

Transfer of PCs. PCs may be transferred only in minimum original principal amounts of $1,000 and additional increments of $1. PCs may not be transferred if, as a result of the transfer, the transferor or the new Holder would have on deposit in its account PCs of the same issue with an original principal amount of less than $1,000. The 1,000.The transfer, exchange or pledge of PCs will be governed by the Ñscal fiscal agency agreement between Xxxxxxx Freddie Mac and a Federal Reserve Bank, the Book-Entry Rules and such other procedures as will be agreed upon from time to time by Xxxxxxx Freddie Mac and a Federal Reserve Bank. A Federal Reserve Bank will act only upon the instructions of the Holder in recording transfers of a PC. A charge may be made for any transfer of a PC and will be made for any tax or other governmental charge imposed in connection with a transfer of a PC.