Owner Trustee May Own Certificates and Notes. Wilmington Trust, National Association or any successor Owner Trustee in its individual or any other capacity may become the owner or pledgee of Certificates or Notes and may deal with the Depositor, the Indenture Trustee, the Administrator and the Servicer in transactions in the same manner as it would have if it were not the Owner Trustee.
Appears in 6 contracts
Samples: Trust Agreement (Carvana Auto Receivables Trust 2021-N1), Trust Agreement (Carvana Auto Receivables Trust 2021-P1), Trust Agreement (Carvana Auto Receivables Trust 2021-P1)
Owner Trustee May Own Certificates and Notes. Wilmington TrustTrust Company, National Association or any successor Owner Trustee in its individual or any other capacity capacity, may become the owner or pledgee of Certificates or Notes and may deal with the Depositor, the Indenture TrusteeServicer, the Administrator, the Data Administrator and the Servicer Indenture Trustee in banking transactions in with the same manner rights as it they would have if it were was not the Owner Trustee.
Appears in 3 contracts
Samples: Trust Agreement (Bear Stearns Asset Backed Fund Inc Whole Auto Loan Tr 2002-1), Trust Agreement (Bear Stearns Asset Backed Whole Auto Loan Trust 2003-1), Trust Agreement (Bear Stearns Asset Backed Whole Auto Loan Trust 2004-1)
