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Book-Entry Rules definition

Book-Entry RulesThe provisions from time to time in effect, currently contained in Title 24, Part 81, Subpart H of the Code of Federal Regulations, setting forth the terms and conditions under which Xxxxxxx Mac may issue securities on the book-entry system of the Federal Reserve Banks and authorizing a Federal Reserve Bank to act as its agent in connection with such securities. Business Day: A day other than (i) a Saturday or Sunday and (ii) a day when the Federal Reserve Bank of New York (or other agent acting as Xxxxxxx Mac’s fiscal agent) is closed or, as to any Holder, a day when the Federal Reserve Bank that maintains the Holder’s account is closed.
Book-Entry RulesThe provisions from time to time in effect, presently contained in Title 12, Part 1249 of the Code of Federal Regulations, setting forth the terms and conditions under which Xxxxxxx Mac may issue securities on the Fed System and authorizing a Federal Reserve Bank to act as Xxxxxxx Mac’s agent in connection with such securities.
Book-Entry Rules. The Department of Housing and Urban Development regulations (24 C.F.R. Part 81, Subpart H) applicable to the Fed Book-Entry Debt Securities and such procedures as to which Xxxxxxx Mac and the FRBNY may agree.

Examples of Book-Entry Rules in a sentence

  • Except as provided in Subsection 4.2(2), the Certificates will be issued in book-entry form in the names of Holders and maintained as entries on the books of the Fiscal Agent, in accordance with the Book-Entry Rules.


More Definitions of Book-Entry Rules

Book-Entry RulesThe provisions in effect from time to time, currently contained in Title 24, Part 81, Subpart H of the Code of Federal Regulations, which govern the terms and conditions under which the Issuer may issue securities on the book-entry system of the Federal Reserve Banks and authorize a Federal Reserve Bank to act as the Issuer’s agent in connection with such securities.
Book-Entry Rules. The Department of Housing and Urban Development regulations (24 C.F.R. Part 81, Subpart H) applicable to Fxxxxxx Mac’s book-entry securities and such procedures as to which Fxxxxxx Mac and the FRBNY may agree. Business Day: (i) With respect to Fed Book-Entry Debt Securities, any day other than (a) a Saturday, (b) a Sunday, (c) a day on which the FRBNY is closed, (d) as to any Holder of a Fed Book-Entry Debt Security, a day on which the Federal Reserve Bank that maintains the Holder’s account is closed, or (e) a day on which Fxxxxxx Mac’s offices are closed; and (ii) with respect to Registered Debt Securities, any day other than (a) a Saturday, (b) a Sunday, (c) a day on which banking institutions are closed in (1) the City of New York or (2) if the Specified Payment Currency is other than U.S. dollars or euros, the Principal Financial Center of the country of such Specified Payment Currency, (d) if the Specified Payment Currency is euros, a day on which the TARGET system is not open for settlements, or a day on which payments in euros cannot be settled in the international interbank market as determined by the Global Agent, (e) for any required payment, a day on which banking institutions are closed in the place of payment, or (f) a day on which Fxxxxxx Mac’s offices are closed. Calculation Agent: Fxxxxxx Mac or a bank or broker-dealer designated by Fxxxxxx Mac in the applicable Supplemental Agreement as the entity responsible for determining the interest rate on a Variable Rate Debt Security.
Book-Entry Rules. The Department of Housing and Urban Development regulations (24
Book-Entry Rules means 31 C.F.R. § 357 (Treasury bills, notes and bonds); 12 C.F.R. § 615 (book-entry securities of the Farm Credit Administration); 12 C.F.R. §§ 910 and 912 (book-entry securities of the Federal Home Loan Banks); 24 C.F.R. § 81 (book-entry securities of the Federal National Mortgage Association and the Federal Home Loan Mortgage Corporation); 12 C.F.R. § 1511 (book-entry securities of the Resolution Funding Corporation or any successor thereto); 31 C.F.R. § 354 (book-entry securities of the Student Loan Marketing Association); and any substantially comparable book-entry rules of any other Federal agency or instrumentality.
Book-Entry Rules. “The provisions from time to time in effect, presently contained in Title 12,
Book-Entry Rules. The Department of Housing and Urban Development regulations (24 C.F.R. Part 81, Subpart H) applicable to Xxxxxxx Mac’s book-entry securities and such procedures as Xxxxxxx Mac and the FRBNY may agree to. Business Day: (i) with respect to Book-Entry Debt Securities, any day other than (a) a Saturday, (b) a Sunday, (c) a day on which the FRBNY is closed, (d) as to any Holder of a Book-Entry Debt Security, a day on which the Federal Reserve Bank that maintains the Holder’s account is closed, or (e) a day on which Xxxxxxx Mac’s offices are closed; and (ii) with respect to Registered Debt Securities, any day other than (a) a Saturday, (b) a
Book-Entry Rules. The Department of Housing and Urban Development regulations (24 C.F.R. Part 81, Subpart H) applicable to Xxxxxxx Mac’s book-entry securities and such procedures as Xxxxxxx Mac and the FRBNY may agree to. Business Day: (i) with respect to Book-Entry Debt Securities, any day other than (a) a Saturday, (b) a Sunday, (c) a day on which the FRBNY is closed, (d) as to any Holder of a Book-Entry Debt Security, a day on