Common use of The Trustee May Own Certificates Clause in Contracts

The Trustee May Own Certificates. The Trustee, in its individual capacity, or in any capacity other than as Trustee, may become the owner or pledgee of any Certificates with the same rights as it would have if it was not the Trustee, and may otherwise deal with the parties hereto.

Appears in 9 contracts

Samples: Pooling and Servicing Agreement (Terwin Mortgage Trust Asset-Backed Certificates, Series TMTS 2005-6he), Pooling and Servicing Agreement (Terwin Mortgage Trust, Series TMTS 2004-22sl), Pooling and Servicing Agreement (Terwin Mortgage Trust, Series TMTS 2005-12alt)

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The Trustee May Own Certificates. The Trustee, Trustee in its individual capacity, or in any other capacity other than as Trustee, may become the owner or pledgee of any Certificates with the same rights as it would have if it was were not the Trustee, and may otherwise deal with the parties hereto.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Paragon Auto Receivables Corp)

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