Common use of Contributor May Own Notes Clause in Contracts

Contributor May Own Notes. Each of the Contributor and any Affiliate of the Contributor may in its individual or any other capacity become the owner or pledgee of Notes with the same rights as it would have if it were not the Contributor or an Affiliate thereof except as otherwise specifically provided herein or in the Related Documents. Notes so owned by or pledged to the Contributor or such Affiliate shall have an equal and proportionate benefit under the provisions of this Agreement or any Related Document, without preference, priority, or distinction as among all of Notes; provided that any Notes owned by the Contributor or any Affiliate thereof, during the time such Notes are owned by them, shall be without voting rights for any purpose set forth in this Agreement or any Related Document. The Contributor shall notify the Issuer and the Trustee promptly after it or any of its Affiliates become the owner or pledgee of a Note.