Common use of Trustee May Own Certificates Clause in Contracts

Trustee May Own Certificates. The Trustee and any Affiliate or agent of the Trustee in its individual or any other capacity may become the owner or pledgee of Certificates, the Pooling REMIC 1 Regular Interests or the Pooling REMIC 2 Regular Interests and may transact banking and trust business with the other parties hereto and their Affiliates with the same rights it would have if it were not Trustee or such agent.

Appears in 6 contracts

Samples: Trust Agreement (Lehman XS Trust 2006-17), Trust Agreement (Lehman XS Trust 2007-5h), Trust Agreement (Lehman XS Trust 2006-1)

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Trustee May Own Certificates. The Trustee and any Affiliate or agent of the Trustee in its individual or any other capacity may become the owner or pledgee of Certificates, may buy, sell, own, hold and deal in the Pooling REMIC 1 Regular Interests or the Pooling REMIC 2 Regular Interests Certificates and may transact banking and trust business services with the other parties hereto and their Affiliates with the same rights it would have if it were not Trustee or such agent.

Appears in 5 contracts

Samples: Trust Agreement (Lehman Mortgage Trust 2006-1), Trust Agreement (Lehman Mortgae Trust 2005-3), Trust Agreement (Lehman Mortgage Trust 2005-1)

Trustee May Own Certificates. The Trustee Trustee, the Fiscal Agent and any Affiliate or agent of the Trustee or Fiscal Agent in its individual capacity or any other capacity may become the owner or pledgee of Certificates, the Pooling REMIC 1 Regular Interests or the Pooling REMIC 2 Regular Interests and may transact banking and trust business deal with the other parties hereto Seller and their Affiliates the Master Servicer in banking transactions, with the same rights it would have if it were not Trustee Trustee, Fiscal Agent or such agent.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (Gs Mortgages Sec Corp Ii Com Mort Pas THR Cert Ser 1998-C1), Pooling and Servicing Agreement (Gs Mortgage Sec Corp Ii Comm Mort Pa Thro Cer Ser 1999-C1), Pooling and Servicing Agreement (Gs Mortgages Sec Corp Ii Com Mort Pas THR Cert Ser 1998-C1)

Trustee May Own Certificates. The Trustee and any Affiliate or agent of the Trustee in its individual or any other capacity may become the owner or pledgee of Certificates, the Pooling REMIC 1 I Regular Interests or the Pooling REMIC 2 II Regular Interests and may transact banking and trust business with the other parties hereto and their Affiliates with the same rights it would have if it were not Trustee or such agent.

Appears in 3 contracts

Samples: Custodial Agreement (Lehman XS Trust 2007-10h), Custodial Agreement (Lehman XS Trust 2007-9), Custodial Agreement (Lehman XS Trust 2007-10h)

Trustee May Own Certificates. The Trustee and any Affiliate ---------------------------- or agent of the Trustee in its individual or any other capacity may become the owner or pledgee of Certificates, the Pooling REMIC 1 Regular Interests or the Pooling REMIC 2 Regular Interests Certificates and may transact banking and trust business with the other parties hereto and their Affiliates with the same rights it would have if it were not Trustee or such agent.

Appears in 3 contracts

Samples: Trust Agreement (Structured Asset Securities Corp), Trust Agreement (Structured Asset Securities Corp), Trust Agreement (Structured Asset Securities Corp)

Trustee May Own Certificates. The Trustee Trustee, the Fiscal Agent and any Affiliate or agent of the Trustee or Fiscal Agent in its individual capacity or any other capacity may become the owner or pledgee of Certificates, the Pooling REMIC 1 Regular Interests or the Pooling REMIC 2 Regular Interests and may transact banking and trust business deal with the other parties hereto Seller and their Affiliates the Master Servicer in banking transactions, with the same rights it would have if it were not Trustee Trustee, Fiscal Agent or such agent; provided, however, that the Trustee may not be a Holder or Beneficial Owner of the Class M or the Class MX Certificates.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Commercial Mortgage Pass Through Cert Series 1998 Gl Ii), Pooling and Servicing Agreement (Commercial Mortgage Pass Through Cert Series 1998 Gl Ii)

Trustee May Own Certificates. The Trustee and any Affiliate or agent of the Trustee in its individual or any other capacity may become the owner or pledgee of Certificates, the Pooling REMIC 1 I Regular Interests or the Pooling REMIC 2 II Regular Interests and may transact banking and trust business with the other parties hereto and their Affiliates with the same rights it would have if it were not Trustee or such agent.. 135

Appears in 1 contract

Samples: Custodial Agreement (Lehman XS Trust 2007-6)

Trustee May Own Certificates. The Trustee and any Affiliate or agent of the Trustee in its individual or any other capacity may become the owner or pledgee of Certificates, Certificates or the Pooling REMIC 1 Regular Interests or the Pooling REMIC 2 Regular Interests and may transact banking and trust business with the other parties hereto and their Affiliates with the same rights it would have if it were not Trustee or such agent.. 110

Appears in 1 contract

Samples: Trust Agreement (LXS 2007-8h)

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Trustee May Own Certificates. The Trustee and any Affiliate or agent of the Trustee in its individual or any other capacity may become the owner or pledgee of Certificates, Certificates or the Pooling REMIC 1 Regular Interests or the Pooling REMIC 2 Regular Interests and may transact banking and trust business with the other parties hereto and their Affiliates with the same rights it would have if it were not Trustee or such agent.. 104

Appears in 1 contract

Samples: Trust Agreement (Lehman XS Trust 2006-19)

Trustee May Own Certificates. The Trustee and any Affiliate or agent of the Trustee in its individual or any other capacity may become the owner or pledgee of Certificates, the Pooling REMIC 1 Regular Interests or the Pooling REMIC 2 Regular Interests Certificates and may transact banking and trust 103 business with the other parties hereto and their Affiliates with the same rights it would have if it were not Trustee or such agent.

Appears in 1 contract

Samples: Custodial Agreement (Lehman XS Trust Series 2007-20n)

Trustee May Own Certificates. 170 The Trustee and any Affiliate or agent of the Trustee in its individual or any other capacity may become the owner or pledgee of Certificates, the Pooling REMIC 1 Regular Interests, the Pooling REMIC 2 Regular Interests, the Pooling REMIC 3 Regular Interests or the Pooling REMIC 2 4 Regular Interests and may transact banking and trust business with the other parties hereto and their Affiliates with the same rights it would have if it were not Trustee or such agent.

Appears in 1 contract

Samples: Custodial Agreement (LXS 2007-3)

Trustee May Own Certificates. The Trustee and any Affiliate or agent of the Trustee in its individual or any other capacity may become the owner or pledgee of Certificates, the Pooling REMIC 1 Regular Interests or the Pooling REMIC 2 Regular Interests and may transact banking and trust business with the other parties hereto and their Affiliates with the same rights it would have if it were not Trustee or such agent.

Appears in 1 contract

Samples: Trust Agreement (Lehman XS Trust 2006-3)

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