Common use of Seller May Own Certificates or Notes Clause in Contracts

Seller May Own Certificates or Notes. The Seller and any Affiliate of the Seller may in its individual or any other capacity become the owner or pledgee of Certificates or Notes with the same rights as it would have if it were not the Seller or an Affiliate thereof, except as otherwise provided in the Basic Documents. Certificates or Notes so owned by or pledged to the Seller or such controlling or commonly controlled Person shall have an equal and proportionate benefit under the provisions of this Agreement, without preference, priority or distinction as among all of the Certificates or the Notes, as the case may be, except as otherwise expressly provided in the Basic Documents.

Seller May Own Certificates or Notes. The Seller and any Affiliate of the Seller thereof may in its individual or any other capacity become the owner or pledgee of Certificates or Notes with the same rights as it would have if it were not the Seller or an Affiliate thereof, except as otherwise expressly provided herein or in any Basic Document. Except as set forth herein or in the other Basic Documents. , Notes and Certificates or Notes so owned by or pledged to the Seller or any such controlling or commonly controlled Person Affiliate shall have an equal and proportionate benefit under the provisions of this AgreementAgreement and the other Basic Documents, without preference, priority priority, or distinction as among all of the Certificates or the Notes, as the case may be, except as otherwise expressly provided in the Basic DocumentsNotes and Certificates.

Seller May Own Certificates or Notes. The Seller and any Affiliate of the Seller thereof may in its individual or any other capacity become the owner or pledgee of Certificates or Notes with the same rights as it would have if it were not the Seller or an Affiliate thereof, except as otherwise expressly provided herein or in any Basic Document. Except as set forth herein or in the other Basic Documents. , Notes and Certificates or Notes so owned by or pledged to the Seller or any such controlling or commonly controlled Person Affiliate shall have an equal and proportionate benefit under the provisions of this AgreementAgreement and the other Basic Documents, without preference, priority priority, or distinction as among all of the Notes and Certificates or of the Notes, as the case may be, except as otherwise expressly provided in the Basic Documentssame class.

Seller May Own Certificates or Notes. The Seller and any Affiliate of the Seller may in its individual or any other capacity become the owner or pledgee of Certificates or Notes with the same rights as it would have if it were not the Seller or an Affiliate thereof, 45 (NAROT 2020-A Sale and Servicing Agreement) except as otherwise provided in the Basic Documents. Certificates or Notes so owned by or pledged to the Seller or such controlling or commonly controlled Person shall have an equal and proportionate benefit under the provisions of this Agreement, without preference, priority or distinction as among all of the Certificates or the Notes, as the case may be, except as otherwise expressly provided in the Basic Documents.

Seller May Own Certificates or Notes. The Seller and any Affiliate of the Seller may in its individual or any other capacity become the owner or pledgee of Certificates or Notes with the same rights as it would have if it were not the Seller or an Affiliate thereof, except as otherwise provided in the Basic Documents. Certificates or Notes so owned by or pledged to the Seller or such controlling or commonly controlled Person shall have an equal and proportionate benefit under the provisions of this Agreement, without preference, priority or distinction as among all of the Certificates or the Notes, as the case may be, except as otherwise expressly provided in the Basic Documents.. 52 (Nissan 2015-A Sale and Servicing Agreement)

Seller May Own Certificates or Notes. The Seller and any Affiliate of the Seller thereof may in its individual or any other capacity become the owner or pledgee of Certificates or Notes with the same rights as it would have if it were not the Seller or an Affiliate thereof, except as otherwise expressly provided herein or in any other Basic Document. Except as set forth herein or in the other Basic Documents. , Notes and Certificates or Notes so owned by or pledged to the Seller or any such controlling or commonly controlled Person Affiliate shall have an equal and proportionate benefit under the provisions of this AgreementAgreement and the other Basic Documents, without preference, priority priority, or distinction as among all of the Certificates or Notes of the Notes, as same Class and the case may be, except as otherwise expressly provided in the Basic DocumentsCertificates.

Seller May Own Certificates or Notes. The Seller and any Affiliate of the Seller thereof may in its individual or any other capacity become the owner or pledgee of Certificates or Notes with the same rights as it would have if it were not the Seller or an Affiliate thereof, except as otherwise expressly provided herein or in any Basic Document. Except as set forth herein or in the other Basic Documents. , Notes and Certificates or Notes so owned by or pledged to the Seller or any such controlling or commonly controlled Person Affiliate shall have an equal and proportionate benefit under the provisions of this AgreementAgreement and the other Basic Documents, without preference, priority priority, or distinction as among all of the Notes and Certificates or of the Notes, as the case may be, except as otherwise expressly provided in the Basic Documentssame Class.

Seller May Own Certificates or Notes. The Seller and any Affiliate of the Seller may in its individual or any other capacity become the owner or pledgee of Certificates or Notes with the same rights as it would have if it were not the Seller or an Affiliate thereof, except as otherwise provided in the Basic Documents. Certificates or Notes so owned by or pledged to the Seller or such controlling or commonly controlled Person shall have an equal and proportionate benefit under the provisions of this Agreement, without preference, priority or 54 (Nissan 2004-B Sale and Servicing Agreement) distinction as among all of the Certificates or the Notes, as the case may be, except as otherwise expressly provided in the Basic Documents.

Seller May Own Certificates or Notes. The Seller and any Affiliate of the Seller may in its individual or any other capacity become the owner or pledgee of Certificates or Notes with the same rights as it would have if it were not the Seller or an Affiliate thereof, except as otherwise provided in the Basic Documents. Certificates or Notes so owned by or pledged to the Seller or such controlling or commonly controlled Person shall have an equal and proportionate benefit under the provisions of this Agreement, without preference, priority or (Nissan 2003-B Sale and Servicing Agreement) distinction as among all of the Certificates or the Notes, as the case may be, except as otherwise expressly provided in the Basic Documents.

Seller May Own Certificates or Notes. The Seller and any Affiliate of the Seller thereof may in its individual or any other capacity become the owner or pledgee of Certificates or Notes with the same rights as it would have if it were not the Seller or an Affiliate thereof, except as otherwise expressly provided herein or in any Basic Document. Except as set forth herein or in the other Basic Documents. , Notes and Certificates or Notes so owned by or pledged to the Seller or any such controlling or commonly controlled Person Affiliate shall have an equal and SALE AND SERVICING AGREEMENT proportionate benefit under the provisions of this AgreementAgreement and the other Basic Documents, without preference, priority priority, or distinction as among all of the Certificates or the Notes, as the case may be, except as otherwise expressly provided in the Basic DocumentsNotes and Certificates.

Seller May Own Certificates or Notes. The Seller and any Affiliate of the Seller may in its individual or any other capacity become the owner or pledgee of Certificates or Notes with the same rights as it would have if it were not the Seller or an Affiliate thereof, except as otherwise provided in the Basic Documents. Certificates or Notes so owned by or pledged to the Seller or such controlling or commonly controlled Person shall have an equal and proportionate benefit under the provisions of this Agreement, without preference, priority or (Nissan 2003-A Sale and Servicing Agreement) distinction as among all of the Certificates or the Notes, as the case may be, except as otherwise expressly provided in the Basic Documents.

Seller May Own Certificates or Notes. The Seller and any Affiliate of the Seller thereof may in its individual or any other capacity become the owner or pledgee of Certificates or Notes with the same rights as it would have if it were not the Seller or an Affiliate thereof, except as otherwise expressly provided herein or in any other Basic Document. Except as set forth herein or in the other Basic Documents. , Notes and Certificates or Notes so owned by or pledged to the Seller or any such controlling or commonly controlled Person Affiliate shall have an equal and proportionate benefit under the provisions of this AgreementAgreement and the other Basic Documents, without preference, priority priority, or distinction as among all of the Notes and Certificates or of the Notes, as the case may be, except as otherwise expressly provided in the Basic Documentssame class.

Seller May Own Certificates or Notes. The Seller and any Affiliate of the Seller may in its individual or any other capacity become the owner or pledgee of Certificates or Notes with the same rights as it would have if it were not the Seller or an Affiliate thereof, except as otherwise provided in the Basic Documents. Certificates or Notes so owned by or pledged to the Seller or such controlling or commonly controlled Person shall have an equal and proportionate benefit under the provisions of this Agreement, without preference, priority or (Nissan 2004-C Sale and Servicing Agreement) 56 distinction as among all of the Certificates or the Notes, as the case may be, except as otherwise expressly provided in the Basic Documents.