Eligible Lender Trustee May Own Trust Certificates and Notes. The Eligible Lender Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Administrator, the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Eligible Lender Trustee.
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Samples: Trust Agreement (SLM Funding Corp), Trust Agreement (SLM Funding Corp), Trust Agreement (SLM Funding Corp)
Eligible Lender Trustee May Own Trust Certificates and Notes. The Eligible Lender Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Administrator, the Indenture Trustee and Trustee, the Servicer or the Swap Counterparties in banking transactions with the same rights as it would have if it were not Eligible Lender Trustee.
Appears in 3 contracts
Samples: Trust Agreement (SLM Funding Corp), Trust Agreement (SLM Funding Corp), Trust Agreement (SLM Funding Corp)
Eligible Lender Trustee May Own Trust Certificates and Notes. The Eligible Lender Trustee in its individual or any other capacity may become the owner or pledgee of Trust Certificates or Notes and may deal with the Depositor, the Administrator, the Indenture Trustee Trustee, the Master Servicer and the Servicer any Subservicer in banking transactions with the same rights as it would have if it were not Eligible Lender Trustee.
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