Common use of Owner Trustee May Own the Certificates and Notes Clause in Contracts

Owner Trustee May Own the Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner or pledgee of the Certificates or 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 4 contracts

Samples: Trust Agreement (Caterpillar Financial Funding Corp), Trust Agreement (Caterpillar Financial Asset Trust 2007-A), Trust Agreement (Caterpillar Financial Asset Trust 2008-A)

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Owner Trustee May Own the Certificates and Notes. The Owner Trustee in its individual or any other capacity may may, subject to Section 3.04, become the owner or pledgee of the Certificates or the Notes and may deal with the Depositor, the AdministratorSeller, the Certificate Paying Agent, the Certificate Registrar and 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 (Citigroup HELOC Trust 2006-Ncb1)

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Owner Trustee May Own the Certificates and Notes. The Owner Trustee in its individual or any other capacity may become the owner a Holder or pledgee of the Certificates Certificates, the Reserve Regular Interest, the YSA Regular Interest or the Notes and may deal with the DepositorSeller, 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 (Caterpillar Financial Funding Corp)

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