Servicer May Own Certificates. The Servicer in its individual or any other capacity may become the owner or pledgee of Certificates with the same rights as it would have if it were not the Servicer.
Appears in 7 contracts
Samples: Pooling and Servicing Agreement (Asset Backed Securities Corp), Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust, Series 2004-Sd2), Pooling and Servicing Agreement (Credit Suisse First Boston Mortgage Securities Corp)
Servicer May Own Certificates. The Servicer in its individual or any other capacity may become the owner or pledgee of Certificates with the same rights as it would have if it were not the Servicer. The Servicer shall notify the Trustee and the Certificate Insurer promptly after it becomes the owner or pledgee of a Certificate.
Appears in 1 contract
Samples: Pooling and Servicing Agreement (National Auto Finance Co Inc)
Servicer May Own Certificates. The Servicer Servicer, and any Affiliate of Servicer, may, in its individual or any other capacity may capacity, become the owner or pledgee of Certificates with the same rights as it would have if it were not Servicer or an Affiliate thereof, except as otherwise provided in the Servicer.definition of “Holder”, “Class A Holder” and “Class B
Appears in 1 contract
Samples: Pooling and Servicing Agreement (Citizens Auto Receivables, LLC)
