Trustee May Own Investor Certificates Sample Clauses
The 'Trustee May Own Investor Certificates' clause permits the trustee to purchase, hold, or otherwise own certificates or securities that are also available to investors in the trust. In practice, this means the trustee is not restricted from investing in the same financial instruments as other investors, and any such ownership is treated as separate from their fiduciary duties. This clause ensures transparency and clarifies that the trustee's personal investment activities do not constitute a conflict of interest, thereby preventing disputes over the trustee's right to participate as an investor.
Trustee May Own Investor Certificates. The Trustee in its individual or any other capacity may become the owner or pledgee of Investor Certificates with the same rights with respect to such Investor Certificates as it would have if it were not the Trustee.
Trustee May Own Investor Certificates. The Trustee in its individual or any other capacity (a) may become the owner or pledgee of Investor Certificates with the same rights as it would have if it were not the Trustee and (b) may transact any banking and trust business with the Company, the Servicer or the Sellers as it would were it not the Trustee.