Administrator May Own Certificates. The Administrator in its individual or any other capacity may become the owner or pledgee of Certificates and may transact business with the Depositor, the Servicer, the Trustee and their Affiliates with the same rights as it would have if it were not Administrator.
Appears in 5 contracts
Samples: Pooling and Servicing Agreement (HSBC Home Equity Loan Trust (USA) 2007-3), Pooling and Servicing Agreement (HSBC Home Equity Loan Trust (USA) 2007-1), Pooling and Servicing Agreement (HSBC Home Equity Loan Trust (USA) 2006-4)
Administrator May Own Certificates. The Administrator in its individual or any other capacity may become the owner or pledgee of Certificates and may transact business with the Depositor, the Servicer, the Trustee [, the Certificate Insurer] and their Affiliates with the same rights as it would have if it were not Administrator.
Appears in 2 contracts
Samples: Pooling and Servicing Agreement (HSBC Home Equity Loan Corp I), Pooling and Servicing Agreement (HSBC Home Equity Loan Corp I)