Common use of Owner Trustee May Own Notes Clause in Contracts

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the Depositor, the Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 217 contracts

Samples: Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2024-4), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2024-4), Trust Agreement (GM Financial Consumer Automobile Receivables Trust 2024-3)

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Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the Depositor, 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 92 contracts

Samples: Trust Agreement (Exeter Automobile Receivables Trust 2024-5), Trust Agreement (Exeter Automobile Receivables Trust 2024-5), Trust Agreement (Exeter Automobile Receivables Trust 2024-5)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the Depositor, the Administrator, the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not the Owner Trustee.

Appears in 44 contracts

Samples: Trust Agreement (Deere John Capital Corp), Trust Agreement (John Deere Receivables LLC), Trust Agreement (Deere John Capital Corp)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the Depositor, the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not the Owner Trustee.

Appears in 31 contracts

Samples: Trust Agreement (Target Credit Card Owner Trust 2005-1), Trust Agreement (JPMorgan Chase Bank, National Association), Trust Agreement (Chase Manhattan Bank Usa)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the an owner or pledgee of the Notes and may deal with the Depositor, the Trustee Trust Administrator and the Servicer Indenture Trustee in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 23 contracts

Samples: Trust Agreement (New York Mortgage Trust 2005-3), Trust Agreement (SunTrust Mortgage Securitization, LLC), Trust Agreement (NYMT Securities CORP)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Notes or the Notes Equity Certificate and may deal with the Trust Depositor, the Trustee Administrator, the Indenture Trustee, Servicer and the Servicer Affiliates thereof in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 16 contracts

Samples: Trust Agreement (Cit Funding Co, LLC), Trust Agreement (NCT Funding Co LLC), Trust Agreement (Ace Securities Corp)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the Depositor, the Administrator, 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 15 contracts

Samples: Trust Agreement (John Deere Owner Trust 2012-B), Trust Agreement (John Deere Owner Trust 2012), Trust Agreement (John Deere Receivables, Inc.)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the Sponsor, the Depositor, 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 14 contracts

Samples: Trust Agreement (Accredited Mortgage Loan Trust 2006-2), Trust Agreement (NovaStar Certificates Financing CORP), Trust Agreement (Accredited Mortgage Loan REIT Trust)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the DepositorTransferor, the Trustee Administrator and the Servicer Indenture Trustee in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 12 contracts

Samples: Trust Agreement (Chase Card Funding LLC), Trust Agreement (Chase Issuance Trust), Trust Agreement (Chase Issuance Trust)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the Depositor, the Trustee and the Servicer in banking transactions with the same rights as it would have if it were not the Owner Trustee.

Appears in 11 contracts

Samples: Trust and Servicing Agreement (Uacsc Auto Trusts Uacsc 2000-B Owner Trust Auto Rec Bac Note), Trust and Servicing Agreement (Uacsc 2002-a Owner TRST Auto Receivable Back Nt), Trust and Servicing Agreement (Uacsc Auto Trusts Uacsc 1999-C Owner Trust Auto Rec Bac Note)

Owner Trustee May Own Notes. The Owner Trustee in its --------------------------- individual or any other capacity may become the owner or pledgee of the Notes and may deal with the Depositor, the Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 10 contracts

Samples: Trust Agreement (Americredit Financial Services Inc), Trust Agreement (Americredit Financial Services Inc), Trust Agreement (Americredit Financial Services Inc)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the Depositor, the Seller, the Indenture Trustee and the Servicer in banking or other transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 10 contracts

Samples: Trust Agreement (Arcadia Receivables Finance Corp), Trust Agreement (Arcadia Receivables Finance Corp), Trust Agreement (Arcadia Receivables Finance Corp)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the DepositorCertificateholder, the Transferor, 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 9 contracts

Samples: Trust Agreement (Long Beach Acceptance Receivables Corp.), Trust Agreement (Long Beach Acceptance Auto Receivables Trust 2005-A), Trust Agreement (Long Beach Acceptance Corp)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Notes. If Owner Trustee becomes the owner or pledgee of Notes and it shall have the same rights as it would have if it were not Owner Trustee. Owner Trustee may deal with the DepositorTransferor, the Administrator, Servicer and Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 8 contracts

Samples: Trust Agreement (First National Funding LLC), Trust Agreement (First National Funding LLC), Trust Agreement (First National Master Note Trust)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the DepositorTransferor, the Trustee Administrator, the Servicer and the Servicer Indenture Trustee in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 8 contracts

Samples: Master Trust Agreement (GMF Floorplan Owner Revolving Trust), Trust Agreement (Nordstrom Inc), Trust Agreement (Hrsi Funding Inc Ii)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the Depositor, the Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 7 contracts

Samples: Trust and Servicing Agreement (Bay View Deposit CORP), Trust and Servicing Agreement (Bay View Deposit CORP), Securitization Trust Agreement (World Omni 1999-a Automobile Lease Securitization Trust)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the Depositor, 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 7 contracts

Samples: Trust Agreement (Deutsche Recreational Asset Funding Corp), Trust Agreement (Bay View Capital Corp), Trust Agreement (Prudential Securities Secured Financing Corp)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the Depositor, the Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee, including acting as owner trustee of the Depositor.

Appears in 6 contracts

Samples: Trust Agreement (Americredit Automobile Receivables Trust 2003-B-X), Trust Agreement (Americredit Automobile Receivables Trust 2003-C-F), Trust Agreement (Americredit Automobile Receivables Trust 2003-a-M)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the Depositorany Certificateholder, the Transferor, 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 6 contracts

Samples: Trust Agreement (Long Beach Acceptance Receivables Corp. II), Trust Agreement (Long Beach Acceptance Corp. Auto Receivables Trust 2006-A), Trust Agreement (Long Beach Acceptance Auto Receivables Trust 2005-B)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the DepositorTransferor, the Administrator, 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: Trust Agreement (Atlanticus Holdings Corp), Trust Agreement (Atlanticus Holdings Corp), Trust Agreement (Cabela's Credit Card Master Note Trust)

Owner Trustee May Own Notes. The Owner Trustee in its --------------------------- individual or any other capacity may become the owner or pledgee of the Notes and may deal with the DepositorSeller, the Trustee Administrator, the Servicer and the Servicer Indenture Trustee in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 5 contracts

Samples: Trust Agreement (Spiegel Master Trust), Trust Agreement (First Consumers Master Trust), Trust Agreement (First Consumers Master Trust)

Owner Trustee May Own Notes. The Owner Trustee Trustee, in its individual or any other capacity capacity, may become the owner or pledgee of the Notes and may deal with the Depositor, the Trustee Servicer, the Administrator and the Servicer Indenture Trustee in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 5 contracts

Samples: Trust Agreement (First Investors Financial Services Group Inc), Trust Agreement (First Investors Financial Services Group Inc), Trust Agreement (First Investors Financial Services Group Inc)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the Depositor, the 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: Trust and Servicing Agreement (Bay View Deposit CORP), Trust and Servicing Agreement (Uacsc Auto Trusts), Trust and Servicing Agreement (Bay View Transaction Corp)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Notes or the Notes Equity Certificate and may deal with the Delaware Trustee, the Trust Depositor, the Trustee Administrator, the Indenture Trustee, Servicer and the Servicer Affiliates thereof in banking transactions with the same rights as it would have if it were not Owner Trustee.. ARTICLE VIIA

Appears in 5 contracts

Samples: Trust Agreement (Cit Equipment Collateral 2003-Vt1), Trust Agreement (NCT Funding Co LLC), Trust Agreement (Cit Equipment Collateral 2001-1)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and Notes. The Owner Trustee may deal with the DepositorSeller, the Trustee Indenture Trustee, the Administrator and the Servicer their respective Affiliates in banking transactions with the same rights as it would have if it were not the Owner Trustee, and the Seller, the Indenture Trustee, the Administrator and their respective Affiliates may maintain normal commercial banking relationships with the Owner Trustee and its Affiliates.

Appears in 4 contracts

Samples: Trust Agreement (Volkswagen Auto Loan Enhanced Trust 2012-2), Trust Agreement (Volkswagen Auto Loan Enhanced Trust 2012-2), Trust Agreement (Volkswagen Auto Loan Enhanced Trust 2012-1)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the DepositorSponsor, the Seller, 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 4 contracts

Samples: Trust Agreement (Accredited Mortgage Loan Trust 2004-4), Trust Agreement (Accredited Mortgage Loan Trust 2005-2), Trust Agreement (Accredited Mortgage Loan REIT Trust)

Owner Trustee May Own Notes. The Owner Trustee Trustee, individually or in its individual or any other capacity capacity, may become the owner or pledgee of the Notes and may deal with the Depositor, the Excess Distribution Certificateholder, the Administrator, the Indenture Trustee and or the Servicer in banking transactions with the same rights as it would have if it were not the Owner Trustee.

Appears in 3 contracts

Samples: Trust Agreement (Navient Student Loan Trust 2015-3), Trust Agreement (Navient Student Loan Trust 2015-2), Trust Agreement (Navient Student Loan Trust 2015-1)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the DepositorTransferor, the Trustee Servicer and the Servicer Indenture Trustee in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 3 contracts

Samples: Trust Agreement (HSBC Private Label Credit Card Master Note Trust (Usa) I), Household Affinity Funding Corp Iii, Household Affinity Funding Corp Iii

Owner Trustee May Own Notes. The Owner Trustee in its --------------------------- individual or any other capacity may become the owner or pledgee of the Notes and may deal with the DepositorTransferor, the Trustee Administrator, the Servicer and the Servicer Indenture Trustee in banking transactions with the same rights as it would have if it were not Owner Trustee.. [End of Article VI]

Appears in 3 contracts

Samples: Trust Agreement (Household Credit Card Master Note Trust I), Trust Agreement (Household Credit Card Master Note Trust I), Trust Agreement (Household Credit Card Master Note Trust I)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the Depositor, the Indenture Trustee and the Servicer in banking or other transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Antigua Funding Corp), Trust Agreement (Antigua Funding Corp)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the DepositorTransferor, the Trustee Administrator, the Servicer and the Servicer Indenture Trustee in banking transactions with the same rights as it would have if it were not Owner Trustee.. ARTICLE SEVEN

Appears in 2 contracts

Samples: Trust Agreement (Nordstrom Inc), Trust Agreement (Nordstrom Credit Inc)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the Depositor, the Trustee Administrator, 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 2 contracts

Samples: Trust Agreement (CWHEQ, Inc.), Trust Agreement (CWHEQ, Inc.)

Owner Trustee May Own Notes. The Owner Trustee [______], in its individual or any other capacity another capacity, may become the owner or pledgee of the Notes and may deal with the Depositor, the Trustee Certificateholder, the Servicer, the Administrator and the Servicer Indenture Trustee in banking transactions with the same rights as it would have if it were not the Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Verizon ABS LLC), Trust Agreement (Verizon ABS LLC)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity (but not in its fiduciary capacity) may become the owner or pledgee of the Notes and may deal with the DepositorTransferor, the Trustee Administrator, the Servicer and the Servicer Indenture Trustee in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Nissan Wholesale Receivables Corp Ii), Trust Agreement (Nissan Wholesale Receivables Corp Ii)

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Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Notes or the Notes Equity Certificate and may deal with the Depositor, the Trustee Administrator, the Indenture Trustee, Servicer and the Servicer Affiliates thereof in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 2 contracts

Samples: Trust Agreement (Cit Funding Co, LLC), Trust Agreement (Cit Equipment Collateral 2006-Vt2)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the DepositorSponsor, the Trustee Seller, the Indenture Trustee, the Master Servicer and the Backup 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 (Accredited Mortgage Loan Trust 2004-3)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the DepositorTransferor, the Trustee Administrator, the Servicer and the Servicer Indenture Trustee in banking transactions with the same rights as it would have if it were not Owner Trustee.. [END OF ARTICLE VI]

Appears in 1 contract

Samples: Trust Agreement (Advanta Business Recievables Corp)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Notes or the Notes Equity Certificate and may deal with the Trust Depositor, the Trustee Administrator, the Indenture Trustee, Servicer and the Servicer Affiliates thereof in banking transactions with the same rights as it would have if it were not Owner Trustee.. [remainder of this page intentionally left blank]

Appears in 1 contract

Samples: Trust Agreement (Cit Equipment Collateral 2000-1)

Owner Trustee May Own Notes. The Owner Trustee [ ] in its individual or any other capacity may become the owner or pledgee of the Notes Notes, and may deal with the Depositor, the Trustee Indenture Trustee, the Administrator and the Servicer their respective Affiliates in banking transactions with the same rights as it would have if it were not the Owner Trustee, and the Depositor, the Indenture Trustee, the Administrator and their respective Affiliates may maintain normal commercial banking relationships with the Owner Trustee and its Affiliates.

Appears in 1 contract

Samples: Trust Agreement (Chase Auto Receivables LLC)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner Owner or pledgee of the Notes and may deal with the DepositorTransferor, the Administrator, 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 1 contract

Samples: Trust Agreement (Metlife Capital Equipment Loan Trusts)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the DepositorTransferor, the Trustee Servicer and the Servicer Indenture Trustee in banking transactions with the same rights as it would have if it were not Owner Trustee.. [End of Article VI]

Appears in 1 contract

Samples: Trust Agreement (HSBC Credit Card Master Note Trust (Usa) I)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the DepositorOwner, the Trustee Administrator, the Servicer and the Servicer Indenture Trustee in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Sunterra Corp)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Notes or the Notes Equity Certificate and may deal with the Depositor, the Trustee and Administrator, the Indenture Trustee, the Servicer and Affiliates thereof in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (CIT Equipment Collateral 2008-Vt1)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the Depositor, the Seller, the Indenture Trustee and the Servicer in banking or other transactions with the same rights as it would have it if it were not Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Arcadia Receivables Finance Corp)

Owner Trustee May Own Notes. The Owner Trustee in its ------------------------------- individual or any other capacity may become the owner or pledgee of the Notes and may deal with the Trust Depositor, the Administrator, 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 1 contract

Samples: Trust Agreement (Mitsui Vendor Leasing 1998-1 LLC)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the DepositorTransferor, the O/C Holder, the Administrator, the Servicer, the Indenture Trustee and or the Servicer Note Administrator in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Compucredit Corp)

Owner Trustee May Own Notes. The Owner Trustee in its --------------------------- individual or any other capacity may become the owner or pledgee of the Notes and may deal with the Depositor, 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 1 contract

Samples: Trust Agreement (Deutsche Recreational Asset Funding Corp)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the Depositor, the Insurer, the Administrator, 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 1 contract

Samples: Owner Trust Agreement (Auto Nations Receivables Corp)

Owner Trustee May Own Notes. The Owner Trustee Trustee, individually or in its individual or any other capacity capacity, may become the owner or pledgee of the Notes and may deal with the Depositor, the Excess Distribution Certificateholder[, the RC Certificateholder,] the Administrator, the Indenture Trustee and or the Servicer in banking transactions with the same rights as it would have if it were not the Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Navient Funding, LLC)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the DepositorTransferor[s], the Trustee Administrator, the Servicer and the Servicer Indenture Trustee in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Ford Credit Auto Receivables LLC)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the DepositorSeller, 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 1 contract

Samples: Trust Agreement (Triad Automobile Receivables Trust 2002 A)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the Depositorany Certificateholder, the Transferor, the Indenture Trustee and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee. SECTION 6.8.

Appears in 1 contract

Samples: Trust Agreement

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the Depositor, the Trustee Seller, the Indenture Trustee, the Collateral Agent and the Servicer in banking or other transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Arcadia Financial LTD)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of any of the Notes or the Equity Certificate and may deal with the DepositorTransferor, the Trustee and Administrator, the Seller, the Indenture Trustee, the Servicer and Affiliates thereof in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (United States Cellular Corp)

Owner Trustee May Own Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Notes and may deal with the Depositor, the Certificateholders, the Administrator, the Indenture Trustee and or the Master Servicer in banking transactions with the same rights as it would have if it were not the Owner Trustee.

Appears in 1 contract

Samples: Trust Agreement (Collegiate Funding of Delaware LLC)

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