Common use of Delaware Trustee May Own Notes Clause in Contracts

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.

Appears in 25 contracts

Samples: Trust Agreement, Trust Agreement, Trust Agreement

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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.Trustee.β€Œ

Appears in 1 contract

Samples: Trust Agreement

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