Exchange Administrator definition

Exchange Administrator means the entity selected by Xxxxxxx Mac to act as its exchange administrator for the Exchangeable Notes and the MAC Notes, which as of the Closing Date is U.S. Bank.

Exchange Administrator has the meaning specified in the preamble, and any duly qualified and appointed successor or successors of U.S. Bank thereto.

Exchange Administrator means the entity selected by Xxxxxx Xxx to act as administrator for exchanges of Exchangeable Notes for RCR Notes and vice versa, which as of the Closing Date is Xxxxx Fargo Bank, X.X. Xxxxx Fargo Bank, N.A. will perform its duties as Exchange Administrator through its Corporate Trust Services division.

Examples of Exchange Administrator in a sentence

• None of the Global Agent, Exchange Administrator or Registrar shall provide any information directly to, or communicate with, either orally or in writing, any Rating Agency or any NRSRO regarding the Notes relevant to such Rating Agency’s or NRSRO’s surveillance of the Notes, including, but not limited to, providing responses to inquiries from a Rating Agency or NRSRO regarding the Notes.

• Pursuant to the terms of the Global Agency Agreement, the Global Agent shall calculate the Class Coupons for the applicable Classes of Notes (including MAC Notes on which the Exchange Administrator has directed the Global Agent to make payments) for each Accrual Period (after the first Accrual Period) on the applicable LIBOR Adjustment Date.

• After receiving the notice, the Exchange Administrator will e-mail the Noteholder with wire payment instructions relating to the exchange fee.

• Xxxxxxx Mac, the Global Agent, the Exchange Administrator and the Registrar may treat the Holders as the absolute owners of Notes for the purpose of making payments and for all other purposes, whether or not such Notes shall be overdue and notwithstanding any notice to the contrary.

• The Global Agent acts solely as a fiscal agent of Xxxxxxx Mac with respect to the Original Notes (and of the Exchange Administrator with respect to the MAC Notes) and does not assume any obligation or relationship of agency or trust for or with any Holder of an Original Note, except that any moneys held by the Global Agent for payment on an Original Note shall be held in trust for the Holder.

More Definitions of Exchange Administrator

Exchange Administrator has the meaning specified in the preamble, and any duly qualified and appointed successor to Xxxxx Fargo in such capacity. Xxxxx Fargo will perform its duties as Exchange Administrator hereunder through its Corporate Trust Services division.

Exchange Administrator means the entity selected by the Administrator to act as administrator for exchanges of Exchangeable Notes for RCR Notes and vice versa, which initially is Computershare Trust Company.

Exchange Administrator means the entity selected by the Administrator to act asadministrator for exchanges of Exchangeable Notes for RCR Notes and vice versa, which initially is Wells Fargo Bank, N.A. Wells Fargo Bank, N.A. will perform its duties as Exchange Administrator through its Corporate Trust Services division.

Exchange Administrator means the entity selected by the Administrator to act as

Exchange Administrator means the entity selected by the Administrator to act asadministrator for exchanges of Exchangeable Notes for RCR Notes and vice versa, which initially is Computershare Trust Company.

Exchange Administrator has the meaning specified in the preamble, and any duly qualified and appointed successor or successors of Citibank thereto.

Exchange Administrator has the meaning specified in the preamble, and any duly qualified and appointed successor or successors of DBTCA thereto.