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: Servicing Agreement (Morgan Stanley ABS Capital I Inc. Trust, Series 2004-Sd2), Pooling and Servicing Agreement (Chevy Chase Bank FSB), 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)
