Delaware Trustee May Own Notes Sample Clauses

Delaware Trustee May Own Notes. U.S. Bank Trust National Association, in its individual or any other capacity, may become the owner or pledgee of Notes. In addition, U.S. Bank Trust National Association may deal with the Trustor, the Indenture Trustee and the Certificate Paying Agent in commercial transactions with the same rights and in the same manner as it would have if it were not Delaware Trustee.
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Delaware Trustee May Own Notes. Except to the extent prohibited under the terms of the Series of Notes, the Delaware Trustee, in its individual or any other capacity, may become the beneficial owner or pledgee of Notes, to the extent that such ownership does not inhibit the Trust from relying on Rule 3a-7 promulgated under the Investment Company Act, with the same rights as it would have if it were not the Delaware Trustee; provided, that any Notes so owned or pledged shall not be entitled to participate in any decisions made or instructions given to the Delaware Trustee or the Indenture Trustee by the Holders as a group. The Delaware Trustee may deal with the Trust and the Trust Beneficial Owner in banking and trustee transactions with the same rights as it would have if it were not the Delaware Trustee. ARTICLE 9
Delaware Trustee May Own Notes. Except to the extent prohibited under the terms of any Series of Notes, the Delaware Trustee, in its individual or any other capacity, may become the owner or pledgee of Notes of any Series and subject to Section 9.1, may otherwise deal with the Trust or any Affiliate of the Trust with the same rights as it would have if it were not Delaware Trustee.
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