Common use of OWNER TRUSTEE MAY OWN CERTIFICATES AND BONDS Clause in Contracts

OWNER TRUSTEE MAY OWN CERTIFICATES AND BONDS. The Owner Trustee in its individual or any other capacity may, subject to Section 3.05, become the owner or pledgee of Certificates or Bonds and may deal with the Depositor, the Seller, the Certificate Paying Agent, the Certificate Registrar and the Indenture Trustee in transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 52 contracts

Samples: Trust Agreement (Impac Secured Assets Corp), Trust Agreement (IMPAC CMB Trust Series 2005-5), Trust Agreement (IMH Assets Corp., Collateralized Asset-Backed Bonds, Series 2005-6)

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OWNER TRUSTEE MAY OWN CERTIFICATES AND BONDS. The Owner Trustee in its individual or any other capacity may, subject to Section 3.05, may become the owner or pledgee of Certificates or Bonds and may deal with the Depositor, the Seller, the Certificate Paying Agent, the Certificate Registrar Registrar, the Administrator and the Indenture Trustee in transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 17 contracts

Samples: Trust Agreement (Opteum Mortgage Acceptance CORP), Trust Agreement (Long Beach Securities Corp), Trust Agreement (Ab Mortgage Securities Corp)

OWNER TRUSTEE MAY OWN CERTIFICATES AND BONDS. The Owner Trustee in its individual or any other capacity may, subject to Section 3.05, may become the owner or pledgee of Certificates or Bonds and may deal with the DepositorCompany, the Seller, the Certificate Paying Agent, the Certificate Registrar and the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 5 contracts

Samples: Deposit Trust Agreement (Residential Resources Inc), Deposit Trust Agreement (Union Planters Home Equity Corp), Deposit Trust Agreement (Union Planters Mortgage Finance Corp)

OWNER TRUSTEE MAY OWN CERTIFICATES AND BONDS. The Owner Trustee in its individual or any other capacity may, subject to Section 3.05, become the owner or pledgee of Certificates or Bonds and may deal with the DepositorCompany, the Seller, the Certificate Paying Agent, the Certificate Registrar and the Indenture Trustee in transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 4 contracts

Samples: Trust Agreement (Merrill Lynch Mortgage Investors Inc), Trust Agreement (Novastar Mortgage Funding Corp), Trust Agreement (Novastar Mortgage Funding Corp)

OWNER TRUSTEE MAY OWN CERTIFICATES AND BONDS. The Owner Trustee in its individual or any other capacity may, subject to Section 3.05, become the owner or pledgee pledge of Certificates or Bonds and may deal with the DepositorCompany, the Seller, the Certificate Paying Agent, the Certificate Registrar Registrar, the Bond Administrator and the Indenture Trustee in transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Novastar Mortgage Funding Corp)

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OWNER TRUSTEE MAY OWN CERTIFICATES AND BONDS. The ------------------------------------------------ Owner Trustee in its individual or any other capacity may, subject to Section 3.05, become the owner or pledgee of Certificates or Bonds and may deal with the Depositor, the Seller, the Certificate Paying Agent, the Certificate Registrar and the Indenture Trustee in transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Imh Assets Corp)

OWNER TRUSTEE MAY OWN CERTIFICATES AND BONDS. The Owner Trustee in its individual or any other capacity may, subject to Section 3.05, may become the owner or pledgee of Certificates or Bonds and may deal with the Depositor, the Seller, the Certificate Paying Agent, the Certificate Registrar Indenture Trustee and the Indenture Trustee Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Aames Capital Acceptance Corp)

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