Individual Rights of Trustee and Certificate Administrator. Each of the Trustee and the Certificate Administrator in its individual or any other capacity may become the owner or pledgee of Certificates and may otherwise deal with the Seller or its Affiliates with the same rights it would have if it were not Trustee or Certificate Administrator, as applicable. Any Certificates Registrar, co-registrar or co-paying agent may do the same with like rights. However, the Trustee and the Certificate Administrator must comply with Section 8.11 hereof.
Appears in 7 contracts
Samples: Pooling and Servicing Agreement (Novastar Mortgage Funding Trust Series 2001-1), Pooling and Servicing Agreement (Novastar Mortgage Funding Corp), Pooling and Servicing Agreement (Novastar Mortgage Funding Corp Series 2002-2)
