Common use of Owner Trustee May Own Notes Clause in Contracts

Owner Trustee May Own Notes. Wilmington Trust Company 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 33 contracts

Samples: Trust Agreement (CWABS Revolving Home Equity Loan Trust, Series 2004-G), Trust Agreement (CWABS Revolving Home Equity Loan Trust, Series 2004-J), Trust Agreement (CWHEQ Revolving Home Equity Loan Asset Backed Notes, Series 2005-B)

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Owner Trustee May Own Notes. Wilmington Trust Company 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 Master Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.

Appears in 22 contracts

Samples: Trust Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-D), Trust Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-E), Trust Agreement (CWHEQ Revolving Home Equity Loan Trust, Series 2007-G)

Owner Trustee May Own Notes. Wilmington Trust Company Trust, National Association, 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 AdministratorCertificateholder, the Indenture TrusteeServicer, 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 14 contracts

Samples: Trust Agreement (Verizon Owner Trust 2020-C), Trust Agreement (Verizon Owner Trust 2020-C), Trust Agreement (Verizon Owner Trust 2020-B)

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Owner Trustee May Own Notes. Wilmington Trust Company 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, 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)

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