Common use of Indenture Trustee May Own Notes Clause in Contracts

Indenture Trustee May Own Notes. The Indenture ------------------------------- Trustee in its individual or any other capacity may become the owner or pledgee of Notes and may otherwise deal with the Owner Trustee, the Servicer or any of their respective Affiliates with the same rights it would have if it were not Indenture Trustee; provided, however, that the Indenture Trustee shall comply -------- ------- with Sections 6.10 and 6.11. Any Paying Agent, Note Registrar, co-registrar or co-paying agent may do the same with like rights.

Appears in 2 contracts

Samples: Indenture (Navistar Financial Retail Receivables Corporation), Indenture (Navistar Financial Retail Receivables Corporation)

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Indenture Trustee May Own Notes. The Indenture ------------------------------- Trustee in its individual or any other capacity may become the owner or pledgee of Notes and may otherwise deal with the Owner TrusteeIssuer, the Servicer or any of their respective Affiliates with the same rights it would have if it were not Indenture Trustee; providedPROVIDED, howeverHOWEVER, that the Indenture Trustee shall comply -------- ------- with Sections 6.10 and 6.11. Any Paying Agent, Note Registrar, co-registrar or co-paying agent may do the same with like rights.

Appears in 2 contracts

Samples: Exhibit 99 (First Security Auto Owner Trust 1999 1), First Security Bank Na

Indenture Trustee May Own Notes. The Indenture ------------------------------- Trustee in its individual or any other capacity may become the owner or pledgee of Notes and may otherwise deal with the Owner TrusteeIssuer, the Servicer or any of their respective Affiliates with the same rights it would have if it were not Indenture Trustee; providedPROVIDED, howeverHOWEVER, that the Indenture Trustee shall comply -------- ------- with Sections SECTIONS 6.10 and AND 6.11. Any Paying Agent, Note Registrar, co-registrar or co-paying agent may do the same with like rights.

Appears in 1 contract

Samples: Wholesale Auto Receivables Corp

Indenture Trustee May Own Notes. The Indenture Trustee ------------------------------- Trustee in its individual or any other capacity may become the owner or pledgee of Notes and may otherwise deal with the Owner TrusteeIssuer, the Servicer or any of their respective Affiliates with the same rights it would have if it were not Indenture Trustee; provided, however, that the Indenture Trustee shall comply -------- ------- with Sections 6.10 -------- ------- and 6.11. Any Paying Agent, Note Registrar, co-registrar or co-paying agent may do the same with like rights.

Appears in 1 contract

Samples: Indenture (First Security Bank Na)

Indenture Trustee May Own Notes. The Indenture ------------------------------- Trustee in its individual or any other capacity may become the owner or pledgee of Notes and may otherwise deal with the Owner TrusteeIssuer, the Servicer or any of their respective Affiliates with the same rights it would have if it were not Indenture Trustee; providedPROVIDED, howeverHOWEVER, that the Indenture Trustee shall comply -------- ------- with Sections 6.10 7.10 and 6.11. Any Paying Agent, Note Registrar, co-registrar or co-paying agent may do the same with like rights7.11.

Appears in 1 contract

Samples: Crystal Oil Co

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Indenture Trustee May Own Notes. The Indenture Trustee ------------------------------- Trustee in its individual or any other capacity may become the owner or pledgee of Notes and may otherwise deal with the Owner TrusteeIssuer, the Servicer or any of their respective Affiliates with the same rights it would have if it were not Indenture Trustee; provided, however, that the Indenture Trustee shall comply with Sections 6.11 -------- ------- with Sections 6.10 ------------- and 6.116.12. Any Paying Agent, Note Registrar, co-registrar or co-paying agent may ---- do the same with like rights.

Appears in 1 contract

Samples: Indenture (Volkswagen Dealer Finance LLC)

Indenture Trustee May Own Notes. The Indenture ------------------------------- Trustee in its individual or any other capacity may become the owner or pledgee of Notes and may otherwise deal with the Owner Trustee, the Servicer or any of their respective Affiliates with the same rights it would have if it were not Indenture Trustee; provided, however, that the Indenture Trustee shall comply -------- ------- with Sections 6.10 and 6.11. Any Paying Agent, Note Registrar, co-registrar or co-paying agent may do the same with like rights.

Appears in 1 contract

Samples: Indenture (Navistar Financial Retail Receivables Corporation)

Indenture Trustee May Own Notes. The Indenture ------------------------------- Trustee in its individual or any other capacity may become the owner or pledgee of Notes and may otherwise deal with the Owner TrusteeIssuer, the Servicer or any of their respective Affiliates with the same rights it would have if it were not Indenture Trustee; provided, however, that the Indenture Trustee shall comply -------- ------- with withIndnt-v6.fin Sections 6.10 and 6.11. Any Paying Agent, Note Registrar, co-registrar or co-paying agent may do the same with like rights.

Appears in 1 contract

Samples: Indenture (Wholesale Auto Receivables Corp)

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