Owner Trustee May Own Residual Interest Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Residual Interest Certificates or Notes and may deal with the Depositor, the Company, 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 9 contracts
Samples: Owner Trust Agreement (Bcap LLC), Owner Trust Agreement (Etrade Mortgage Backed Securities Corp), Owner Trust Agreement (Hsi Asset Securitization Corp)
Owner Trustee May Own Residual Interest Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Residual Interest Certificates or Notes and may deal with the Depositor, the Company, 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 7 contracts
Samples: Owner Trust Agreement (Painewebber Mort Accept Corp Iv Ditech Home Loan Ownr 1998-1), Owner Trust Agreement (Empire Funding Home Loan Owner Trust 1998-1), Owner Trust Agreement (Empire Funding Home Loan Owner Trust 1997-5)
Owner Trustee May Own Residual Interest Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Residual Interest Certificates or Notes and may deal with the Depositor, any Owner, the CompanyInsurer, 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 2 contracts
Samples: Owner Trust Agreement (Auto Nations Receivables Corp), Owner Trust Agreement (Auto Nations Receivables Corp)
Owner Trustee May Own Residual Interest Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Residual Interest Certificates or Notes and may deal with the Depositor, the CompanyTransferor, 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 1 contract
Samples: Trust Agreement (Life Financial Home Loan Owner Trust 1997-3)
Owner Trustee May Own Residual Interest Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Residual Interest Certificates or Notes and may deal with the Depositor, the Company, the Administrator, Administrator and 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 1 contract
Samples: Trust Agreement (Structured Asset Securities Corp Mort Back Notes Ser 2002 9)
Owner Trustee May Own Residual Interest Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of Residual Interest Certificates or Notes and may deal with the Depositor, the Company, the Administrator, the Indenture Trustee [the Master Servicer] and the Master Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.
Appears in 1 contract
Samples: Deposit Trust Agreement (Banccap Asset Securization Issuance Corp)
