Bank May Own Certificates and Notes. The Bank in its individual or any other capacity may, subject to Section 3.05, become the owner or pledgee of Certificates or Notes and may deal with the Depositor, the Seller, the Certificate Paying Agent, the Certificate Registrar and the Indenture Trustee in transactions with the same rights as it would have if it were not Owner Trustee.
Appears in 8 contracts
Samples: Trust Agreement (Origen Residential Securities, Inc.), Trust Agreement (Origen Manufactured Housing Contract Trust Collateralized Notes, Series 2005-B), Trust Agreement (Origen Manufactured Housing Contract Trust 2004-B)
Bank May Own Certificates and Notes. The Bank Bank, in its individual or any other capacity maycapacity, subject to Section 3.05, may become the owner or pledgee of Certificates or Notes and may deal with the Depositor, the SellerServicer, the Certificate Paying Agent, the Certificate Registrar Administrator and the Indenture Trustee in banking transactions with the same rights as it would have if it were not Owner Trustee.
Appears in 4 contracts
Samples: Trust Agreement (Ford Motor Credit Co), Trust Agreement (Ford Motor Credit Co), Trust Agreement (Ford Credit Auto Receivables Two L P)
