Common use of Trustee May Own Notes Clause in Contracts

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

Appears in 7 contracts

Samples: Indenture and Servicing Agreement (MCM Capital Group Inc), Indenture and Servicing Agreement (MCM Capital Group Inc), Indenture and Servicing Agreement (MCM Capital Group Inc)

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

Appears in 5 contracts

Samples: Trust Indenture (Autobond Acceptance Corp), Trust Indenture (Autobond Acceptance Corp), Trust Indenture (Autobond Acceptance Corp)

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

Appears in 5 contracts

Samples: Trust Agreement (SLM Education Credit Funding LLC), Trust Agreement (SLM Education Credit Funding LLC), Trust Agreement (SLM Education Credit Funding LLC)

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

Appears in 5 contracts

Samples: Trust Agreement, Trust Agreement (SLM Private Credit Student Loan Trust 2006-A), Trust Agreement (SLM Private Credit Student Loan Trust 2006-B)

Trustee May Own Notes. The Trustee in its individual or any other capacity may become the owner or pledgee of Notes. The Trustee in its individual or any other capacity Notes and may deal otherwise deal, and transact banking business, with the Issuer and Originator, the Servicer in banking transactions, and/or the Issuer with the same rights as it would have if it were not the Trustee.

Appears in 2 contracts

Samples: Master Trust Indenture and Security Agreement (Sirrom Capital Corp), Indenture and Security Agreement (Ag Services of America Inc)

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

Appears in 2 contracts

Samples: Trust Agreement (SLM Private Credit Student Loan Trust 2005-A), Trust Agreement (SLM Education Credit Funding LLC)

Trustee May Own Notes. The Trustee in its individual or any other capacity may become the owner or pledgee of Notes. The Trustee in its individual or any other capacity , and may deal with the Issuer and Transferor, the Servicer in banking transactionsor any Enhancement Provider, with the same rights as it would have if it were not the Trustee.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement and Indenture of Trust (American Finance Group Inc /De/), Pooling and Servicing Agreement (PLM International Inc)

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

Appears in 1 contract

Samples: Oakwood Homes Corp

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

Appears in 1 contract

Samples: Trust Agreement (SLM Education Credit Funding LLC)

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

Appears in 1 contract

Samples: Trust Agreement (SLM Education Credit Funding LLC)

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