Common use of Owner Trustee May Own Certificates and Notes Clause in Contracts

Owner Trustee May Own Certificates and Notes. Deutsche Bank Trust Company Delaware or any successor Owner Trustee in its individual or any other capacity may become the owner or pledgee of Certificates or Notes and may deal with the Seller, the Administrator, the Indenture Trustee and the Servicer in transactions in the same manner as it would have if it were not the Owner Trustee.

Appears in 10 contracts

Samples: Trust Agreement (Capital Auto Receivables Inc), Trust Agreement (Capital Auto Receivables Inc), Trust Agreement (Capital Auto Receivables Inc)

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Owner Trustee May Own Certificates and Notes. Deutsche Bank Trust Company Delaware or any successor Owner Trustee in its individual or any other capacity may become the owner or pledgee of Certificates or Notes and may deal with the SellerDepositor, the Administrator, the Indenture Trustee and the Servicer in transactions in the same manner as it would have if it were not the Owner Trustee.

Appears in 7 contracts

Samples: Trust Agreement (Capital Auto Receivables LLC), Trust Agreement (Capital Auto Receivables Asset Trust 2008-1), Trust Agreement (Capital Auto Receivables Asset Trust 2007-2)

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Owner Trustee May Own Certificates and Notes. Deutsche Bank Trust Company Delaware or any successor Owner Trustee in its individual or any other capacity may become the owner or pledgee of Certificates or Notes and may deal with the Seller, the 18 Administrator, the Indenture Trustee and the Servicer in transactions in the same manner as it would have if it were not the Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Capital Auto Receivables Asset Trust 2004-2)

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