Owner Trustee May Own Securities. The Owner Trustee in its individual or any other capacity may become a Securityholder or pledgee of Certificates or Notes and may deal with the Depositor, the Administrator, the Indenture Trustee, the Seller and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.
Appears in 27 contracts
Samples: Trust Agreement (Daimler Trucks Retail Trust 2023-1), Trust Agreement (Daimler Trucks Retail Trust 2023-1), Trust Agreement (Mercedes-Benz Auto Receivables Trust 2023-1)
Owner Trustee May Own Securities. The Owner Trustee in its individual or any other capacity may become a Securityholder or pledgee of Certificates or Notes and may deal with the DepositorTransferor, the Administrator, the Indenture Trustee, the Seller 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 (Mercedes-Benz Auto Lease Trust 2024-B), Trust Agreement (Mercedes-Benz Auto Lease Trust 2024-B), Trust Agreement (Mercedes-Benz Auto Lease Trust 2024-A)
Owner Trustee May Own Securities. The Owner Trustee in its individual or any other capacity may become a Securityholder the owner or pledgee of Certificates or Notes Securities and may deal with the Depositor, the Administrator, the Indenture Trustee, the Seller Trustee and the Servicer in banking transactions with in the same rights manner as it would have if it were not the Owner Trustee.
Appears in 12 contracts
Samples: Trust Agreement, Trust Agreement (California Republic Funding LLC), Trust Agreement (California Republic Auto Receivables Trust 2018-1)
Owner Trustee May Own Securities. The Owner Trustee in its individual or any other capacity may become a Securityholder or pledgee of Certificates or Notes and may deal with the Depositor, the Administrator, the Indenture Trustee, the Seller and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.. ARTICLE EIGHT
Appears in 7 contracts
Samples: Trust Agreement (Mercedes-Benz Auto Receivables Trust 2013-1), Trust Agreement (Daimler Retail Receivables LLC), Trust Agreement (Mercedes-Benz Auto Receivables Trust 2014-1)
Owner Trustee May Own Securities. The Owner Trustee in its individual or any other capacity may become a Securityholder or pledgee of Certificates or Notes Securities and may deal with the Depositor, the Administrator, the Indenture Trustee, the Seller 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 (Daimler Trucks Retail Trust 2024-1), Trust Agreement (Daimler Trucks Retail Trust 2024-1), Trust Agreement (Mercedes-Benz Auto Receivables Trust 2024-1)
Owner Trustee May Own Securities. The Owner Trustee in its individual or any other capacity may become a Securityholder the Holder or pledgee of Certificates or Notes Securities and may deal with the Depositor, the Administrator, the Insurer, the Indenture Trustee, the Seller and the Servicer in banking transactions with the same rights as it would have if it were not Owner Trustee.
Appears in 1 contract
