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 shall be governed by the fiscal agency agreement between ▇▇▇▇▇▇▇ Mac and a Federal Reserve Bank, the Book-Entry Rules and such other procedures as shall be agreed upon from time to time by ▇▇▇▇▇▇▇ Mac and a Federal Reserve Bank. A Federal Reserve Bank shall 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 shall be made for any tax or other governmental charge imposed in connection with a transfer of a PC. ▇▇▇▇▇▇▇ Mac hereby assigns to the Trustee ▇▇▇▇▇▇▇ Mac’s rights under each fiscal agency agreement with respect to PCs issued by any PC Pool.

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 shall be governed by the fiscal agency agreement between ▇▇▇▇▇▇▇ Mac and a Federal Reserve Bank, the Book-Entry Rules and such other procedures as shall be agreed upon from time to time by ▇▇▇▇▇▇▇ Mac and a Federal Reserve Bank. A Federal Reserve Bank shall 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 shall be made for any tax or other governmental charge imposed in connection with a transfer of a PC. ▇▇▇▇▇▇▇ Mac hereby assigns to the Trustee Administrator, on behalf of the Trustee, ▇▇▇▇▇▇▇ Mac’s rights under each fiscal agency agreement with respect to PCs issued by any PC Pool.

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 shall be governed by the fiscal agency agreement between ▇▇▇▇▇▇▇ Mac and a Federal Reserve Bank, the Book-Entry Rules and such other procedures as shall be agreed upon from time to time by ▇▇▇▇▇▇▇ Mac and a Federal Reserve Bank. A Federal Reserve Bank shall 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 shall be made for any tax or other governmental charge imposed in connection with a transfer of a PC. ▇▇▇▇▇▇▇ Mac hereby assigns to the Trustee ▇▇▇▇▇▇▇ Mac’s rights under each fiscal agency agreement with respect to PCs issued by any PC Pool.

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 15 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 shall be governed by the fiscal agency agreement between ▇F▇▇▇▇▇▇ Mac and a Federal Reserve Bank, the Book-Entry Rules and such other procedures as shall be agreed upon from time to time by ▇F▇▇▇▇▇▇ Mac and a Federal Reserve Bank. A Federal Reserve Bank shall 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 shall be made for any tax or other governmental charge imposed in connection with a transfer of a PC. ▇F▇▇▇▇▇▇ Mac hereby assigns to the Trustee ▇F▇▇▇▇▇▇ Mac’s rights under each fiscal agency agreement with respect to PCs issued by any PC Pool.

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 15 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 shall be governed by the fiscal agency agreement between ▇F▇▇▇▇▇▇ Mac and a Federal Reserve Bank, the Book-Entry Rules and such other procedures as shall be agreed upon from time to time by ▇F▇▇▇▇▇▇ Mac and a Federal Reserve Bank. A Federal Reserve Bank shall 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 shall be made for any tax or other governmental charge imposed in connection with a transfer of a PC. ▇F▇▇▇▇▇▇ Mac hereby assigns to the Trustee ▇F▇▇▇▇▇▇ Mac’s rights under each fiscal agency agreement with respect to PCs issued by any PC Pool.

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 shall be governed by the fiscal agency agreement between ▇▇▇▇▇▇▇ Freddie Mac and a Federal Reserve Bank, the Book-Entry Rules and such other procedures as shall be agreed upon from time to time by ▇▇▇▇▇▇▇ Freddie Mac and a Federal Reserve Bank. A Federal Reserve Bank shall 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 shall be made for any tax or other governmental charge imposed in connection with a transfer of a PC. ▇▇▇▇▇▇▇ Freddie Mac hereby assigns to the Trustee ▇▇▇▇▇▇▇ Administrator, on behalf of the Trustee, Freddie Mac’s rights under each fiscal agency agreement with respect to PCs issued by any PC Pool.

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 shall will be governed by the fiscal agency agreement between ▇▇▇▇▇▇▇ Mac and a Federal Reserve Bank, the Book-Entry Rules and such other procedures as shall will be agreed upon from time to time by ▇▇▇▇▇▇▇ Mac and a Federal Reserve Bank. A Federal Reserve Bank shall 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 shall will be made for any tax or other governmental charge imposed in connection with a transfer of a PC. ▇▇▇▇▇▇▇ Mac hereby assigns to the Trustee ▇▇▇▇▇▇▇ Mac’s rights under each fiscal agency agreement with respect to PCs issued by any PC Pool.

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 shall be governed by the fiscal agency agreement between ▇▇▇▇▇▇▇ Mac and a Federal Reserve Bank, the Book-Book- Entry Rules and such other procedures as shall be agreed upon from time to time by ▇▇▇▇▇▇▇ Mac and a Federal Reserve Bank. A Federal Reserve Bank shall 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 shall be made for any tax or other governmental charge imposed in connection with a transfer of a PC. ▇▇▇▇▇▇▇ Mac hereby assigns to the Trustee Administrator ▇▇▇▇▇▇▇ Mac’s rights under each fiscal agency agreement with respect to PCs issued by any PC Pool.