May Hold Bonds. The Trustee or any paying agent or Bond Registrar, in its individual or any other capacity, may become the owner or pledgee of Bonds with the same rights it would have if it were not Trustee, paying agent or Bond Registrar.
May Hold Bonds. Each of the Trustee, any Authenticating Agent, any Paying Agent, any Bond Registrar or any other agent of the Company or the Trustee, in its individual or any other capacity, may become the owner or pledgee of Bonds and, subject to Sections 11.08 and 11.13, may otherwise deal with the Company with the same rights it would have if it were not such Trustee, Authenticating Agent, Paying Agent, Bond Registrar or other agent.
May Hold Bonds. The Indenture Trustee, any Agent, or any other agent of the Issuer, in its individual or any other capacity, may become the owner or pledgee of Bonds and, subject to Sections 6.07 and 6.13, may otherwise deal with the Issuer or any Affiliate of the Issuer with the same rights it would have if it were not Indenture Trustee, Agent or such other agent.
May Hold Bonds. The Trustee or any other agent of the Issuer or the Company, in its individual or any other capacity, may become the owner of Bonds and may otherwise deal with the Issuer or the Company with the same rights it would have if it were not Trustee or such other agent. The Trustee may in good faith buy, sell, own, hold and deal in any of the Bonds and may join in any action which any Registered Owners may be entitled to take with like effect. The Trustee may also engage in or be interested in financial or other transactions with the Company and the Issuer; provided that such transactions are not in conflict with its duties under this Indenture.
May Hold Bonds. The Trustee or any agent of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Bonds and, subject to Sections 13.08, 13.09 and 13.13, may otherwise deal with the Issuer or any Affiliate of the Issuer with the same rights it would have if it were not Trustee or such other agent. The Trustee and officers and agents of the Trustee also may engage in or be interested in any financial or other transaction with the Issuer; provided, however, that if the Trustee determines, in its sole discretion, that any such relationship is in conflict with its duties under this Indenture, it shall eliminate the conflict or resign as Trustee.
May Hold Bonds. The Trustee in its individual or any other capacity, may become the owner or pledgee of Bonds and may otherwise deal with the Issuer and the Users with the same rights it would have if it were not Trustee.
May Hold Bonds. (a) The Trustee, any Paying Agent, any Bond Registrar or any other agent of the Depositor, in its individual or any other capacity, may become the owner or pledgee of Bonds and, subject to Sections 7.08 and 7.13, may otherwise deal with the Depositor with the same rights it would have if it were not Trustee, Paying Agent, Bond Registrar or such other agent.
(b) The Trustee or one or more of its Affiliates may enter into one or more custodial agreements with one or more Master Servicers of the GNMA Certificates, as issuers of the GNMA Certificates, or one or more Master Servicers of the Fredxxx Xxx Certificates or Fannxx Xxx Certificates or to act as custodian or agent of the documents evidencing and relating to the Mortgage Loans that are grouped or pooled under one or more guaranty agreements or Servicing Agreements between any such Master Servicer and GNMA, Fredxxx Xxx or Fannxx Xxx and with respect to which Mortgage Certificates are issued; and the Trustee further may, from time to time, be the depository of custodial accounts with respect to one or more of such Mortgage groups or pools of Mortgage Loans. It is expressly recognized and agreed by all parties hereto, and each Holder of a Bond by acceptance thereof shall be deemed to have agreed, that, in the Event of Default under one or more Servicing Agreements, the Trustee, or one or more of its Affiliates, as custodian of one or more groups or pools of Mortgage Loans or accounts related thereto, may be obliged to comply with the directions of GNMA, Fredxxx Xxx or Fannxx Xxx regarding the property in its possession and, to the extent that such actions are consistent with the directions of GNMA, Fredxxx Xxx or Fannxx Xxx, they shall not be, or be deemed to be, inconsistent or in conflict with the duties, responsibilities and interests of the Trustee hereunder.
(c) The Trustee, or one or more of its Affiliates, may enter into one or more custodial agreements with one or more Master Servicers of the Mortgage Loans or other persons acceptable to the Depositor and the Rating Agency, to act as custodian of the Loan Documents; and the Trustee further may, from time to time, be the depository of custodial accounts with respect to such Loan Documents. It is expressly recognized and agreed by all parties hereto, and each Holder of a Bond by acceptance thereof shall be deemed to have agreed, that, in the Event of Default under one or more Servicing Agreements, the Trustee, or one or more of its Affiliates, as cus...
May Hold Bonds. The Trustee or any other agent of the Issuer or the Company, in its individual or any other capacity, may become the owner of Bonds and may otherwise deal with the Issuer or the Company with the same rights it would have if it were not Trustee or such other agent.
May Hold Bonds. The Trustee, any Paying Agent, the Registrar or any other agent of the Issuer or of the Trustee, in its individual or any other capacity, may become the owner or pledgee of Bonds and, subject to Trust Indenture Act Sections 310(b) and 311, may otherwise deal with the Issuer with the same rights it would have if it were not the Trustee, any Paying Agent, the Registrar or any other agent of the Issuer or such agent and, subject to Sections 809 and 813, if operative, may otherwise deal with the Issuer and receive, collect, hold and retain collections from the Issuer with the same rights it would have if it were not the Trustee, any Paying Agent, the Registrar or any other agent of the Issuer.
May Hold Bonds. 74 SECTION 10.6 FUNDS MAY BE HELD BY TRUSTEE OR PAYING AGENT; INVESTMENTS..................................74 SECTION 10.7 COMPENSATION, REIMBURSEMENT AND INDEMNIFICATION............................................74 SECTION 10.8 DISQUALIFICATION; CONFLICTING INTERESTS....................................................75 SECTION 10.9 CORPORATE TRUSTEE REQUIRED; ELIGIBILITY....................................................80 SECTION 10.10 RESIGNATION AND REMOVAL; APPOINTMENT OF SUCCESSOR..........................................80 SECTION 10.11
