Common use of Eligible Lender Trustee May Own Trust Certificates and Notes Clause in Contracts

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, the Servicer or the Swap Counterparties in banking transactions with the same rights as it would have if it were not Eligible Lender Trustee.

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, the Trustee and any Servicer or the Swap Counterparties in banking transactions with the same rights as it would have if it were not Eligible Lender Trustee.

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 and the Master Servicer or the Swap Counterparties in banking transactions with the same rights as it would have if it were not Eligible Lender Trustee.

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, the Cap Provider and the Master Servicer or the Swap Counterparties in banking transactions with the same rights as it would have if it were not Eligible Lender Trustee.