Owner Trustee May Own Ownership Certificate and Notes. The Owner Trustee in its individual capacity may become the Holder (provided that if the Owner Trustee should acquire the Ownership Certificate, it shall be a REIT, a Qualified REIT Subsidiary or a Disregarded Entity) or the owner or pledgee of Notes and may deal with the Depositor, the Securities Administrator and the Indenture Trustee in banking transactions with the same rights as it would have if it were not Owner Trustee.
Appears in 9 contracts
Samples: Trust Agreement (Homebanc Corp), Trust Agreement (HomeBanc Mortgage Trust 2006-2), Trust Agreement (HomeBanc Mortgage Trust 2005-4)
Owner Trustee May Own Ownership Certificate and Notes. The Owner Trustee in its individual capacity may become the Holder (provided that if the Owner Trustee should acquire the Ownership Certificate, it shall be a REIT, a Qualified REIT Subsidiary or a Disregarded Entity) or the owner or pledgee of Notes and may deal with the Depositor, the Securities Administrator and the 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 (Aegis Asset Backed Securities Trust 2005-1), Trust Agreement (Aegis Asset Backed Securities Corp), Trust Agreement (Aegis Asset Backed Securities Trust 2005-2)
Owner Trustee May Own Ownership Certificate and Notes. The Owner Trustee in its individual capacity may become the Holder (provided that if the Owner Trustee should acquire the Ownership Certificate, it shall be a REIT, a Qualified REIT Subsidiary or a Disregarded Entityis an Eligible corporation) or the owner or pledgee of Notes and may deal with the Depositor, the Securities Administrator and the 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 (Sasco Mortgage Loan Trust Series 2004-Gel2), Trust Agreement (SASCO Mortgage Loan Trust 2004-Gel3), Trust Agreement (Sasco Mortgage Loan Trust Series 2003-Gel1)
Owner Trustee May Own Ownership Certificate and Notes. The Owner Trustee in its individual capacity may become the Holder (provided that if the Owner Trustee should acquire the Ownership Certificate, it shall be a REIT, a Qualified REIT Subsidiary or a Disregarded Entity) Certificateholder or the owner or pledgee of Notes and may deal with the Depositor, the Securities Administrator and the Indenture Trustee in banking transactions with the same rights as it would have if it were not Owner Trustee.
Appears in 3 contracts
Samples: Owner Trust Agreement (FBR Securitization, Inc.), Owner Trust Agreement (First NLC Securitization, Inc.), Owner Trust Agreement (Lares Asset Securitization, Inc.)
Owner Trustee May Own Ownership Certificate and Notes. The Owner Trustee in its individual capacity may become the Holder (provided that if the Owner Trustee should acquire the Ownership Certificate, it shall be a REIT, a Qualified REIT Subsidiary or a Disregarded Entity) or the owner or pledgee of Notes and may deal with the Depositor, the Securities Administrator and the 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 (Homebanc Corp), Trust Agreement (HMB Acceptance Corp.)
Owner Trustee May Own Ownership Certificate and Notes. The Owner Trustee in its individual capacity may become the Holder (provided that if the Owner Trustee should acquire the Ownership Certificate, it shall be a REIT, a Qualified REIT Subsidiary or a Trust Agreement Disregarded Entity) or the owner or pledgee of Notes and may deal with the Depositor, the Securities Administrator and the 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 (Homebanc Corp)
Owner Trustee May Own Ownership Certificate and Notes. The Owner Trustee in its individual capacity may become the Holder (provided that if the Owner Trustee should acquire the Ownership Certificate, it shall be a REIT, a Qualified REIT Subsidiary or a Disregarded Entity) or the owner or pledgee of Notes and may deal with the Depositor, the Securities Administrator and the 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 (TBALT Corp.)
Owner Trustee May Own Ownership Certificate and Notes. The Owner Trustee in its individual capacity may become the Holder (provided that if the Owner Trustee should acquire the Ownership Certificate, it shall be a REIT, a Qualified REIT Subsidiary or a 201496 HomeBanc 2006-2 Trust Agreement Disregarded Entity) or the owner or pledgee of Notes and may deal with the Depositor, the Securities Administrator and the 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 (Homebanc Corp)
