Trustee May Own Certificates. The Trustee in its individual capacity or any other capacity may become the owner or pledgee of Certificates with the same rights it would have if it were not Trustee; provided, however, that in determining whether the required percentage of aggregate Voting Rights shall have consented to any action hereunder requiring the consent of the Certificateholders, any interest beneficially held by the Trustee in its individual capacity shall be excluded.
Appears in 63 contracts
Samples: Market Agent Agreement (PPlus Trust Series LMG-4), Market Agent Agreement (Merrill Lynch Depositor Inc Preferredplus Trust Series CCR-1), Market Agent Agreement (Merrill Lynch Depositor Inc Pplus Trust Series GSG-2)
Trustee May Own Certificates. The Trustee in its individual capacity or any other capacity may become the owner or pledgee of Certificates with the same rights it would have if it were not Trustee; provided, however, that in determining whether the required percentage of aggregate Voting Rights shall have consented to any action hereunder requiring the consent of the Certificateholders, any the Trustee's interest beneficially held by the Trustee in its individual capacity shall be excluded.
Appears in 18 contracts
Samples: Market Agent Agreement (Lehman Abs Corp), Series Supplement (Bear Stearns Depositor Inc), Warrant Agent Agreement (Select Asset Inc)
Trustee May Own Certificates. The Trustee in its ---------------------------- individual capacity or any other capacity may become the owner or pledgee of Certificates with the same rights it would have if it were not Trustee; provided, however, that in determining whether the required percentage of aggregate Voting Rights shall have consented to any action hereunder requiring the consent of the Certificateholders, any the Trustee's interest beneficially held by the Trustee in its individual capacity shall be excluded.
Appears in 9 contracts
Samples: Trust Agreement (Lehman Abs Corp), Trust Agreement (Lehman Abs Corp), Trust Agreement (Lehman Abs Corp)
Trustee May Own Certificates. The Trustee in its individual capacity or any other capacity may become the owner or pledgee of Certificates with the same rights it would have if it were not Trustee; provided, however, that in determining whether the Holders of the required percentage of aggregate Voting Rights Percentage Interest shall have consented to any action hereunder requiring such consent, the consent of the Certificateholders, any Trustee's interest beneficially held by the Trustee in its individual capacity shall be excluded.
Appears in 3 contracts
Samples: Trust Agreement (Gs Mortgage Securities Corp), Trust Agreement (Ace Securities Corp), Trust Agreement (Goldman Sachs Asset Backed Securities Corp)
Trustee May Own Certificates. The Trustee in its individual capacity or any other capacity may become the owner or pledgee of Certificates with the same rights it would have if it were not Trustee; provided, however, that in determining whether the required percentage of aggregate Voting Rights shall have consented to any action hereunder requiring the consent of the Certificateholders, any the Trustee’s interest beneficially held by the Trustee in its individual capacity shall be excluded.
Appears in 1 contract
Trustee May Own Certificates. The Trustee in its individual capacity or any other capacity may become the owner or pledgee of Certificates with the same rights it would have if it were not Trustee; provided, however, that that, in determining whether the required percentage of aggregate Voting Rights shall have consented to any action hereunder requiring the consent of the Certificateholders, any the Trustee's interest beneficially held by the Trustee in its individual capacity shall be excluded.
Appears in 1 contract
Samples: Select Asset Inc
Trustee May Own Certificates. The Trustee in its ---------------------------- individual capacity or any other capacity may become the owner or pledgee of Certificates with the same rights it would have if it were not Trustee; provided, however, -------- ------- that in determining whether the Holders of the required percentage of aggregate Voting Rights Percentage Interest shall have consented to any action hereunder requiring such consent, the consent of the Certificateholders, any Trustee's interest beneficially held by the Trustee in its individual capacity shall be excluded.
Appears in 1 contract
Trustee May Own Certificates. The Trustee in its ---------------------------- individual capacity or any other capacity may become the owner or pledgee of Certificates of any Class with the same rights as it would have if it were not Trustee, except that no determination, vote or request as Holder of such Certificates shall be included in the determination of a Class Vote. The Trustee, in its individual capacity, may deal with either the Depositor and the Servicer, each in their individual capacities, with the same rights it would have if it were not Trustee; provided, however, that in determining whether the required percentage of aggregate Voting Rights shall have consented to any action hereunder requiring the consent of the Certificateholders, any interest beneficially held by the Trustee in its individual capacity shall be excluded.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Financial Asset Securities Corp)
Trustee May Own Certificates. The Trustee in its individual capacity or any other capacity may become the owner power or pledgee of Certificates with the same rights it would have if it were not Trustee; provided, however, that in determining whether the required percentage of aggregate Voting Rights shall have consented to any action hereunder requiring the consent of the Certificateholders, any the Trustee's interest beneficially held by the Trustee in its individual capacity shall be excluded.
Appears in 1 contract
Samples: Southpoint Structured Assets Inc
Trustee May Own Certificates. The Trustee in ---------------------------- its individual capacity or any other capacity may become the owner or pledgee of Certificates with the same rights it would have if it were not Trustee; provided, however, that in determining whether the required percentage of aggregate Voting Rights shall have consented to any action hereunder requiring the consent of the Certificateholders, any the Trustee's interest beneficially held by the Trustee in its individual capacity shall be excluded.
Appears in 1 contract
Samples: Elmwood Funding LTD