Common use of Other Activities of Securities Administrator and the Depositor Clause in Contracts

Other Activities of Securities Administrator and the Depositor. Nothing herein shall prevent the Securities Administrator, the Depositor or their respective Affiliates from engaging in other businesses or, in its sole discretion, from acting in a similar capacity as an Securities Administrator for any other person or entity even though such person or entity may engage in business activities similar to those of the Issuer or the Owner Trustee.

Appears in 12 contracts

Samples: Transfer and Servicing Agreement (FBR Securitization Trust 2005-1), Administration Agreement (Saco I Trust 2005-Gp1), Administration Agreement (Luminent Mortgage Trust 2005-1)

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Other Activities of Securities Administrator and the Depositor. Nothing herein shall prevent the Securities Administrator, the Depositor or their respective Affiliates from engaging in other businesses or, in its sole discretion, from acting in a similar capacity as an a Securities Administrator for any other person or entity even though such person or entity may engage in business activities similar to those of the Issuer or the Owner Trustee.

Appears in 11 contracts

Samples: Administration Agreement (Thornburg Mortgage Securities Trust 2007-2), Administration Agreement (HomeBanc Mortgage Trust 2006-2), Administration Agreement (HomeBanc Mortgage Trust 2005-2)

Other Activities of Securities Administrator and the Depositor. Nothing herein shall prevent the Securities Administrator, the Depositor or their respective Affiliates from engaging in other businesses or, in its sole discretion, from acting in a similar capacity as an Securities Administrator for any other person or entity even though such person or entity may engage in business activities similar to those of the Issuer Issuing Entity or the Owner Trustee.

Appears in 9 contracts

Samples: Administration Agreement (Bear Stearns Asset Backed Securities I LLC), Administration Agreement (Bear Stearns ARM Trust 2007-2), Administration Agreement (SACO I Trust 2006-12)

Other Activities of Securities Administrator and the Depositor. Nothing herein shall prevent the Securities Administrator, the Depositor or their respective Affiliates from engaging in other businesses or, in its sole discretion, from acting in a similar capacity as an Securities Administrator for any other person or entity even though such person or entity may engage in business activities similar to those of the Issuer or the Owner TrusteeIssuing Entity.

Appears in 5 contracts

Samples: Pooling and Servicing Agreement (First NLC Securitization, Inc.), Pooling and Servicing Agreement (Lares Asset Securitization, Inc.), Pooling Agreement (Luminent Mortgage Trust 2006-7)

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Other Activities of Securities Administrator and the Depositor. Nothing herein shall prevent the Securities Administrator, the Depositor or their respective Affiliates from engaging in other businesses or, in its sole discretion, from acting in a similar capacity as an Securities Administrator for any other person or entity even though such person or entity may engage in business activities similar to those of the Issuer Trust or the Owner Trustee.

Appears in 2 contracts

Samples: Transfer and Servicing Agreement (First NLC Securitization, Inc.), Transfer and Servicing Agreement (FBR Securitization, Inc.)

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