Common use of Seller May Own the Certificate or Notes Clause in Contracts

Seller May Own the Certificate or Notes. The Seller and any Affiliate (other than CFSC) thereof may in its individual or any other capacity become the owner or pledgee of the Certificate or Notes with the same rights as it would have if it were not the Seller or an Affiliate thereof, except as expressly provided herein (including, without limitation, the definition of "Outstanding" contained in each of the Indenture and the Trust Agreement) or in any Basic Document.

Appears in 6 contracts

Samples: Sale and Servicing Agreement (Caterpillar Financial Funding Corp), Sale and Servicing Agreement (Caterpillar Financial Funding Corp), Sale and Servicing Agreement (Caterpillar Financial Funding Corp)

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Seller May Own the Certificate or Notes. The Seller and any Affiliate (other than CFSC) thereof may in its individual or any other capacity become the owner or pledgee of the Certificate or Notes with the same rights as it would have if it were not the Seller or an Affiliate thereof, except as expressly provided herein (including, without limitation, including the definition of "β€œOutstanding" ” contained in each of the Indenture and the Trust Agreement) or in any Basic Document.

Appears in 1 contract

Samples: Sale and Servicing Agreement (Caterpillar Financial Asset Trust 2005-A)

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Seller May Own the Certificate or Notes. The Seller and any Affiliate (other than CFSC) thereof may in its individual or any other capacity become the owner or pledgee of the Certificate or Notes with the same rights as it would have if it were not the Seller or an Affiliate thereof, except as expressly provided herein (including, without limitation, the definition of "Outstanding" contained in each of the Indenture and the Trust Agreement) or in any Basic Document.the

Appears in 1 contract

Samples: Sale and Servicing Agreement (Caterpillar Financial Asset Trust 2004-A)

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