Common use of Custodian May Own Certificates Clause in Contracts

Custodian May Own Certificates. The Custodian in its individual or any other capacity may become the owner or pledgee of Certificates with the same rights it would have if it were not Custodian.

Appears in 722 contracts

Samples: Pooling and Servicing Agreement (Structured Asset Mortgage Investments Inc), Pooling and Servicing Agreement (Wells Fargo Asset Securities Corp), Custodial Agreement (Phoenix Residential Securities, LLC)

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Custodian May Own Certificates. The Custodian in its individual or any other capacity may become the owner or pledgee of Certificates interests in the Mortgage Loans with the same rights it would have if it were not Custodian.

Appears in 39 contracts

Samples: Servicing Agreement (SACO I Trust 2007-1), Pooling and Servicing Agreement (Bear Stearns Asset Backed Securities I Trust 2007-He7), Custodial Agreement (SACO I Trust 2006-6)

Custodian May Own Certificates. The Custodian and its affiliates in its their individual or any other capacity may become the owner or pledgee of Certificates with the same rights it such persons would have if it the Custodian were not CustodianCustodian hereunder.

Appears in 10 contracts

Samples: Pooling and Servicing Agreement (Bear Stearns Mortgage Funding Trust 2006-Sl6), Custodial Agreement (SACO I Trust 2006-6), Custodial Agreement (Bear Stearns Mortgage Funding Trust 2007-Sl2)

Custodian May Own Certificates. The Custodian in its individual or any other capacity may become the owner or pledgee of Mortgage Pass-Through Certificates with the same rights it would have if it were not Custodian.

Appears in 4 contracts

Samples: Pooling and Servicing Agreement (Prime Mortgage Trust 2006-2), Pooling and Servicing Agreement (Prime Mortgage Trust 2007-1), Pooling and Servicing Agreement (Prime Mortgage Trust 2007-2)

Custodian May Own Certificates. The Custodian Custodian, in its individual or any other capacity capacity, may become the owner or pledgee of Certificates with the same rights it would have had if it were not Custodian.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (People's Financial Realty Mortgage Securities 2006-1), Custodial Agreement (Peoples Choice Home Loan Securities Trust Series 2005-4)

Custodian May Own Certificates. The Custodian in its individual or any other capacity may become the owner or pledgee of Certificates with the same rights it would have if it were not Custodian.were

Appears in 1 contract

Samples: Custodial Agreement (RAMP Series 2004-Rs8 Trust)

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Custodian May Own Certificates. The Custodian in its individual or any other capacity may become the owner or pledgee of Certificates with the same rights it would have if it were not CustodianCustodian hereunder.

Appears in 1 contract

Samples: Custodial Agreement (Saco I Trust 2005-9)

Custodian May Own Certificates. The Custodian in its ------------------------------ individual or any other capacity may become the owner or pledgee of Certificates with the same rights it would have if it were not Custodian.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Ba Mortgage Securities Inc/)

Custodian May Own Certificates. The Custodian or any agent of the Custodian, in its individual or any other capacity capacity, may become the owner or pledgee of Certificates with the same rights (except as otherwise provided in the definition of "Certificateholder") it would have if it were not Custodianthe Custodian or such agent.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Americredit Corp)

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