Common use of Trust Administrator May Own Certificates Clause in Contracts

Trust Administrator May Own Certificates. The Trust Administrator 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 Trust Administrator.

Appears in 134 contracts

Samples: Pooling and Servicing Agreement (TBW Mortgage-Backed Trust Series 2007-2), Pooling and Servicing Agreement (CSFB Adjustable Rate Mortgage Trust 2004-4), Pooling and Servicing Agreement (Adjustable Rate Mortgage Trust 2007-1)

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Trust Administrator May Own Certificates. The Trust Administrator in its individual or any other capacity may become the owner or pledgee of Certificates and may transact business with the parties hereto and their Affiliates with the same rights as it would have if it were not the Trust Administrator.

Appears in 95 contracts

Samples: Pooling and Servicing Agreement, Pooling and Servicing Agreement (STARM Mortgage Loan Trust 2007-S1), Pooling and Servicing Agreement (MASTR Alternative Loan Trust 2007-Hf1)

Trust Administrator May Own Certificates. The Trust Administrator in its individual capacity 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 Trust Administrator.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Asset Backed Securities CORP Home Equity Loan Trust, Series MO 2006-He6), Pooling and Servicing Agreement (Asset Backed Securities CORP Home Equity Loan Trust, Series MO 2006-He6)

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Trust Administrator May Own Certificates. The Trust Administrator 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 Trust Administrator and may transact any banking and trust business with the Trust AdministratorSeller, the Trustee, the Master Servicer or the Depositor and their Affiliates.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (American General MRT Ln Asst BCKD Ps THR CRTS Sr 2003-1), Pooling and Servicing Agreement (American General MRT Ln Asst BCKD Ps THR CRTS Sr 2003-1)

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