Seller May Own Certificates. The Seller and any Affiliate thereof may in its individual or any other capacity become the owner or pledgee of Certificates with the same rights as it would have if it were not the Seller or an Affiliate thereof, except as expressly provided herein.
Appears in 3 contracts
Samples: Pooling and Servicing Agreement (Bank One Auto Securitization LLC), Pooling and Servicing Agreement (Bank One Texas National Association), Pooling and Servicing Agreement (Bank One Texas National Association)
Seller May Own Certificates. The Seller and any Affiliate thereof Person controlling, controlled by, or under common control with the Seller may in its individual or any other capacity become the owner or pledgee of Certificates with the same rights as it would have if it were not the Seller or an Affiliate affiliate thereof, except as expressly otherwise provided herein.in the definition of "
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Onyx Acceptance Financial Corp)
Seller May Own Certificates. The Seller and any Affiliate thereof may in its individual or any other capacity become the owner or pledgee of Certificates with the same rights as it would have if it were not the Seller or an Affiliate thereof, except as expressly otherwise provided herein.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (World Omni Auto Receivables LLC)
Seller May Own Certificates. The Seller and any Affiliate thereof of its Affiliates may in its individual or any other capacity become the owner or pledgee of Certificates with the same rights as it would have if it were not the Seller or an Affiliate thereof, except as expressly otherwise provided hereinin the definition of "Class A Certificateholder" and "Class, B Certificateholder" specified in Section 1.1. Certificates so owned by or pledged to the Seller or any Affiliates shall have an equal and proportionate benefit under the provisions of this Agreement, without preference, priority, or distinction as among all of the Certificates.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Chase Manhattan Bank Usa)
Seller May Own Certificates. The Seller and any Affiliate thereof Person controlling, controlled by, or under common control with the Seller may in its individual or any other capacity become the owner or pledgee of Certificates with the same rights as it would have if it were not the Seller or an Affiliate affiliate thereof, except as expressly otherwise provided herein.in the definition of "Certificateholder" specified in Section 1.1. Certificates so owned by or pledged to the Seller or such controlling or
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Onyx Acceptance Financial Corp)
Seller May Own Certificates. The Seller and any Affiliate thereof of its Affiliates may in its individual or any other capacity become the owner or pledgee of Certificates with the same rights as it would have if it were not the Seller or an Affiliate thereof, except as expressly otherwise provided hereinin the definition of "Class A Certificateholder" and "Class B Certificateholder" specified in Section 1.1. Certificates so owned by or pledged to the Seller or any Affiliates shall have an equal and proportionate benefit under the provisions of this Agreement, without preference, priority, or distinction as among all of the Certificates.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Chase Manhattan Bank Usa National Association)
