Common use of Owner Trustee May Own Trust Certificates and Notes Clause in Contracts

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Administrator, the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 352 contracts

Samples: Trust Agreement (World Omni LT), Trust Agreement (World Omni LT), Trust Agreement (Honda Auto Receivables 2013-2 Owner Trust)

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Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the DepositorTransferor, the Servicer, the Administrator, the Indenture Trustee and the Servicer their respective Affiliates, in banking transactions with the same rights as it would have if it were not the Owner Trustee.. ARTICLE EIGHT

Appears in 30 contracts

Samples: Trust Agreement (BMW Vehicle Lease Trust 2024-1), Trust Agreement (BMW Auto Leasing LLC), Trust Agreement (BMW Vehicle Lease Trust 2023-1)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the AdministratorServicer, the Administrative Agent, the Indenture Trustee and the Servicer their respective Affiliates, in banking transactions with the same rights as it would have if it were not the Owner Trustee.

Appears in 26 contracts

Samples: Trust Agreement (Nissan Auto Leasing LLC Ii), Trust Agreement (Nissan Auto Lease Trust 2014-B), Trust Agreement (Nissan Auto Lease Trust 2011-B)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Administrator, the Indenture Trustee and the Master Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 22 contracts

Samples: Trust Agreement (WFS Financial 2005-1 Owner Trust), Trust Agreement (WFS Receivables Corp 3), Trust Agreement (WFS Receivables Corp 3)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Insurer, the Administrator, the Indenture Trustee and the Master Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 20 contracts

Samples: Trust Agreement (WFS Financial Auto Loans Inc), Trust Agreement (WFS Financial Auto Loans Inc), Trust Agreement (WFS Receivables Corp)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Company, the Administrator, the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 20 contracts

Samples: Trust Agreement (Firstplus Investment Corp), Trust Agreement (Daimlerchrysler Services North America LLC), Trust Agreement (Mego Mortgage Corp)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the AdministratorServicer, the Administrative Agent, the Indenture Trustee Trustee, the Asset Representations Reviewer and the Servicer their respective Affiliates, in banking transactions with the same rights as it would have if it were not the Owner Trustee.

Appears in 17 contracts

Samples: Trust Agreement (Nissan Auto Leasing LLC Ii), Trust Agreement (Nissan Auto Leasing LLC Ii), Trust Agreement (Nissan Auto Lease Trust 2023-A)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the DepositorTransferor, the Servicer, the Administrator, the Indenture Trustee and the Servicer their respective Affiliates, in banking transactions with the same rights as it would have if it were not the Owner Trustee.

Appears in 15 contracts

Samples: Trust Agreement (BMW Auto Leasing LLC), Trust Agreement (BMW Auto Leasing LLC), Trust Agreement (BMW Vehicle Lease Trust 2016-2)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Administrator, the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 13 contracts

Samples: Trust Agreement (Barnett Auto Receivables Corp), Trust Agreement (Mellon Auto Receivables Corp), Trust Agreement (TMS Auto Holdings Inc)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the DepositorSeller, the Administrator, the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 9 contracts

Samples: Trust Agreement (Franklin Auto Trust 2003-2), Trust Agreement (Franklin Auto Trust 2004-2), Trust Agreement (Franklin Receivables Auto Trust 2003-1)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the AdministratorServicer, the Administrative Agent, the Indenture Trustee Trustee, the Asset Representation Reviewer and the Servicer their respective Affiliates, in banking transactions with the same rights as it would have if it were not the Owner Trustee.

Appears in 8 contracts

Samples: Trust Agreement (Nissan Auto Lease Trust 2016-A), Trust Agreement (Nissan Auto Leasing LLC Ii), Trust Agreement (Nissan Auto Leasing LLC Ii)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Trust Depositor, the Administrator, the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 7 contracts

Samples: Trust Agreement (Hercules Capital, Inc.), Trust Agreement (Hercules Technology Growth Capital Inc), Trust Agreement (Hercules Capital, Inc.)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the AdministratorCompany, the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 7 contracts

Samples: Trust Agreement (Goldman Sachs Asset Backed Securities Corp), Trust Agreement (Bond Securitization LLC), Trust Agreement (Bond Securitization LLC)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Administrator, the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 6 contracts

Samples: Trust Agreement (Morgan Stanley Auto Loan Trust 2003-Hb1), Trust Agreement (Morgan Stanley Auto Loan Trust 2004-Hb1), Trust Agreement (Goldman Sachs Asset Backed Securities Corp)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the DepositorTransferor, the AdministratorServicer, the Administrative Agent, the Indenture Trustee and the Servicer their respective Affiliates, in banking transactions with the same rights as it would have if it were not the Owner Trustee.

Appears in 5 contracts

Samples: Trust Agreement (Nissan Auto Leasing LLC Ii), Trust Agreement (Nissan Auto Lease Trust 2004-A), Trust Agreement (Nissan Auto Leasing LLC Ii)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the DepositorSeller, the Administrator, the Indenture Trustee and the Master Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 5 contracts

Samples: Trust Agreement (Chec Asset Receivables Corp), Trust Agreement (Chec Asset Receivables Corp), Trust Agreement (Structured Asset Mortgage Investments Inc)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Administrator, the Indenture Trustee and the Master Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 4 contracts

Samples: Trust Agreement (Merrill Auto Trust Securitization 2008-1), Trust Agreement (Merrill Auto Trust Securitization 2007-1), Trust Agreement (Ml Asset Backed Corp)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Trust Certificates or Notes and may deal with the Trust Depositor, the AdministratorServicer, the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 4 contracts

Samples: Trust Agreement (American Capital Strategies LTD), Trust Agreement (American Capital Strategies LTD), Trust Agreement (American Capital Strategies LTD)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the DepositorInitial Beneficial Holder, the Administrator, the Indenture Trustee and the Master Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 3 contracts

Samples: Trust Agreement (Gs Mortgage Securities Corp), Trust Agreement (Gs Mortgage Securities Corp), Trust Agreement (Gs Mortgage Securities Corp)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Trust Depositor, the Administrator, the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 3 contracts

Samples: Trust Agreement (Harley Davidson Customer Funding Corp), Trust Agreement (Eaglemark Inc), Authority And (Eaglemark Inc)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Company, the Administrator, the Indenture Trustee and the Master Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 3 contracts

Samples: Trust Agreement (Cwabs Inc), Trust Agreement (Directors Asset Conduit Corp), Trust Agreement (Indymac Abs Inc)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Administrator, Trust Administrator and the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Greenwich Capital Acceptance, Inc New York Mortgage Trust 2005-1), Trust Agreement (New York Mortgage Trust 2005-2)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the AdministratorServicer, the Administrative Agent, the Indenture Trustee and the Servicer their respective Affiliates, in banking transactions with the same rights as it would have if it were not the Owner Trustee.. 23 (NALT 2012-B Amended and Restated Trust Agreement) ARTICLE EIGHT COMPENSATION OF OWNER TRUSTEE

Appears in 2 contracts

Samples: Trust Agreement (Nissan Auto Lease Trust 2012-B), Trust Agreement (Nissan Auto Lease Trust 2012-B)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Administrator, the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.. 29 (2017-A Amended and Restated Trust Agreement)

Appears in 2 contracts

Samples: Trust Agreement (Hyundai Auto Receivables Trust 2017-A), Trust Agreement (Hyundai Abs Funding LLC)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the AdministratorServicer, the Administrative Agent, the Indenture Trustee Trustee, the Asset Representation Reviewer and the Servicer their respective Affiliates, in banking transactions with the same rights as it would have if it were not the Owner Trustee.. 23 (NALT 2017-A Amended and Restated Trust Agreement)

Appears in 2 contracts

Samples: Trust Agreement (Nissan Auto Lease Trust 2017-A), Trust Agreement (Nissan Auto Lease Trust 2017-A)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Administrator, the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.. 29 (2021-A Amended and Restated Trust Agreement)

Appears in 2 contracts

Samples: Trust Agreement (Hyundai Auto Receivables Trust 2021-A), Trust Agreement (Hyundai Auto Receivables Trust 2021-A)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the AdministratorServicer, the Administrative Agent, the Indenture Trustee and the Servicer their respective Affiliates, in banking transactions with the same rights as it would have if it were not the Owner Trustee.. (NALT 2010-B Amended and Restated Trust Agreement)

Appears in 2 contracts

Samples: Trust Agreement (Nissan Auto Lease Trust 2010-B), Trust Agreement (Nissan Auto Lease Trust 2010-B)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the AdministratorServicer, the Administrative Agent, the Indenture Trustee and the Servicer their respective Affiliates, in banking transactions with the same rights as it would have if it were not the Owner Trustee.. 21 (NALT 2015-B Amended and Restated Trust Agreement) ARTICLE EIGHT COMPENSATION OF OWNER TRUSTEE

Appears in 2 contracts

Samples: Trust Agreement (Nissan Auto Lease Trust 2015-B), Trust Agreement (Nissan Auto Lease Trust 2015-B)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Administrator, the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.. 29 (2020-C Amended and Restated Trust Agreement)

Appears in 2 contracts

Samples: Trust Agreement (Hyundai Auto Receivables Trust 2020-C), Trust Agreement (Hyundai Auto Receivables Trust 2020-C)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Indenture Trustee, the Indenture Administrator, the Indenture Trustee Letter of Credit Provider and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Franklin Auto Trust 2008-A), Trust Agreement (Franklin Auto Trust 2005-1)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the AdministratorServicer, the Administrative Agent, the Indenture Trustee Trustee, the Asset Representations Reviewer and the Servicer their respective Affiliates, in banking transactions with the same rights as it would have if it were not the Owner Trustee.. Second Amended and Restated Trust Agreement) ARTICLE EIGHT COMPENSATION OF OWNER TRUSTEE

Appears in 2 contracts

Samples: Trust Agreement (Nissan Auto Lease Trust 2024-A), Trust Agreement (Nissan Auto Lease Trust 2024-A)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Trust Administrator, the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 2 contracts

Samples: Master Trust Agreement (A I Receivables Transfer Corp), Trust Agreement (SSB Vehicle Securities Inc)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Administrator, the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.. 29 (2021-C Amended and Restated Trust Agreement)

Appears in 2 contracts

Samples: Trust Agreement (Hyundai Auto Receivables Trust 2021-C), Trust Agreement (Hyundai Auto Receivables Trust 2021-C)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the AdministratorIndenture Trustee, the Indenture Trustee Letter of Credit Provider and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Franklin Auto Trust 2006-1), Trust Agreement (Franklin Auto Trust 2007-1)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the DepositorTransferor, the Administrative Agent, the Administrator, the Indenture Trustee and the Servicer their respective Affiliates, in banking transactions with the same rights as it would have if it were not the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Ryder Funding Ii Lp), Trust Agreement (Ryder Truck Rental I Lp)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the AdministratorServicer, the Administrative Agent, the Indenture Trustee Trustee, the Asset Representation Reviewer and the Servicer their respective Affiliates, in banking transactions with the same rights as it would have if it were not the Owner Trustee.. 23 (NALT 2017-B Amended and Restated Trust Agreement) ARTICLE EIGHT COMPENSATION OF OWNER TRUSTEE

Appears in 2 contracts

Samples: Trust Agreement (Nissan Auto Lease Trust 2017-B), Trust Agreement (Nissan Auto Lease Trust 2017-B)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Administrator, Administrator and the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Structured Asset Sec Corp Thornburg Mort Sec Trust 2003 6), Trust Agreement (Greenwich Capital Acceptance Thornburg Sec Tr 2003-4)

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Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Administrator, Company and the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Gs Mortgage Securities Corp), Trust Agreement (Goldman Sachs Asset Backed Securities Corp)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the DepositorSeller, the Administrator, the Indenture Trustee and the Master Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Provident Bank)

Owner Trustee May Own Trust Certificates and Notes. The -------------------------------------------------- Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the AdministratorCompany, the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 1 contract

Samples: Form of Trust Agreement (Asset Backed Securities Corp)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Companies, the Administrator, the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Equity One Abs Inc)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Administrator, the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.. 29 (2022-C Amended and Restated Trust Agreement)

Appears in 1 contract

Samples: Trust Agreement (Hyundai Auto Receivables Trust 2022-C)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the AdministratorServicer, the Administrative Agent, the Indenture Trustee and the Servicer their respective Affiliates, in banking transactions with the same rights as it would have if it were not the Owner Trustee.. 24 (NALT 2006-A Amended and Restated Trust Agreement) ARTICLE EIGHT COMPENSATION OF OWNER TRUSTEE

Appears in 1 contract

Samples: Trust Agreement (Nissan Auto Leasing LLC Ii)

Owner Trustee May Own Trust Certificates and Notes. The -------------------------------------------------- Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Administrator, the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Prudential Securities Secured Financing Corp)

Owner Trustee May Own Trust Certificates and Notes. The Owner -------------------------------------------------- Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Administrator, the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Prudential Securities Secured Financing Corp)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Administrator, the Indenture Trustee Trustee, the Servicer and the Servicer Sub-servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (First Merchants Acceptance Corp)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Trust Administrator, the Indenture Trustee Trustee, the Bond Administrator and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (SSB Vehicle Securities Inc SSB Auto Loan Trust 2002-1)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee pledges of Trust Certificates or Notes and may deal with the Depositor, the Company, the Administrator, the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Beneficial Mortgage Services Inc)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the DepositorDepositors, the Insurer, the Administrator, the Indenture Trustee and the Master Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (WFS Receivables Corp)

Owner Trustee May Own Trust Certificates and Notes. The -------------------------------------------------- Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Company, the Administrator, the Indenture Trustee and the Master Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Indymac Abs Inc)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Administrator, the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.. (20[__]-[_] Amended and Restated Trust Agreement)

Appears in 1 contract

Samples: Trust Agreement (Hyundai Abs Funding Corp)

Owner Trustee May Own Trust Certificates and Notes. The ----------------------------------------------------- Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the AdministratorIndenture Trustee, the Indenture Trustee Paying Agent and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Thornburg Mortgage Asset Corp)

Owner Trustee May Own Trust Certificates and Notes. The Owner -------------------------------------------------- Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Company, the Administrator, the Indenture Trustee and the Master Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (First Horizon Asset Securities Inc)

Owner Trustee May Own Trust Certificates and Notes. The -------------------------------------------------- Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Company, the Administrator, the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Firstplus Investment Corp)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the DepositorTransferor, the Administrative Agent, the Administrator, the Indenture Trustee and the Servicer their respective Affiliates, in banking transactions with the same rights as it would have if it were not the Owner Trustee.. ARTICLE EIGHT

Appears in 1 contract

Samples: Trust Agreement (Ryder Truck Rental Lt)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the AdministratorServicer, the Administrative Agent, the Indenture Trustee Trustee, the Asset Representations Reviewer and the Servicer their respective Affiliates, in banking transactions with the same rights as it would have if it were not the Owner Trustee.. Table of Contents ARTICLE EIGHT COMPENSATION OF OWNER TRUSTEE

Appears in 1 contract

Samples: Trust Agreement (Nissan Auto Leasing LLC Ii)

Owner Trustee May Own Trust Certificates and Notes. The -------------------------------------------------- Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the DepositorSeller, the Administrator, the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Franklin Receivables LLC)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Administrator, [the Back-up Administrator,] the Indenture Trustee and the or any Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Mru Abs Ii LLC)

Owner Trustee May Own Trust Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the AdministratorIndenture Trustee, the Indenture Trustee Administrator, [the Letter of Credit Provider] and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Franklin Receivables LLC)

Owner Trustee May Own Trust Certificates and Notes. The -------------------------------------------------- Owner Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the DepositorTransferor, the Servicer, the Administrator, the Indenture Trustee and the Servicer their respective Affiliates, in banking transactions with the same rights as it would have if it were not the Owner Trustee.. Article Eight

Appears in 1 contract

Samples: Trust Agreement (BMW Manufacturing Lp)

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