Common use of Trustee and Certificate Administrator May Own Certificates Clause in Contracts

Trustee and Certificate Administrator May Own Certificates. The Trustee, the Certificate Administrator and any agent of the Trustee or the Certificate Administrator, each, in its individual capacity or any other capacity, may become the owner or pledgee of Certificates, and may deal with the Depositor and the Master Servicer in banking transactions, with the same rights it would have if it were not Trustee, the Certificate Administrator or such agent, as the case may be.

Appears in 157 contracts

Samples: Pooling and Servicing Agreement (BMO 2022-C3 Mortgage Trust), Pooling and Servicing Agreement (BMO 2022-C2 Mortgage Trust), Pooling and Servicing Agreement (Citigroup Commercial Mortgage Trust 2022-Gc48)

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Trustee and Certificate Administrator May Own Certificates. The Trustee, Trustee and the Certificate Administrator and any agent of the Trustee or the Certificate Administrator, each, in its their individual capacity or any other capacity, capacity may become the owner or pledgee of Certificates, and may deal with the Depositor and the Master Servicer in banking transactions, Certificates with the same rights rights, powers, and privileges as it would have if it they were not Trustee, the Trustee or the Certificate Administrator or such agent, as the case may beAdministrator.

Appears in 80 contracts

Samples: Trust and Servicing Agreement (Benchmark 2024-V10 Mortgage Trust), Trust and Servicing Agreement (BBCMS Mortgage Trust 2024-5c29), Trust and Servicing Agreement (Bank5 2024-5yr9)

Trustee and Certificate Administrator May Own Certificates. The Trustee, Each of the Trustee and the Certificate Administrator and any agent of the Trustee or the Certificate Administrator, each, in its individual capacity or any other capacity, capacity may become the owner or pledgee of Certificates, and may deal with the Depositor and the Master Servicer in banking transactions, Certificates with the same rights rights, powers, and privileges as it would have if it were not Trustee, the Trustee or the Certificate Administrator or such agent, as the case may beAdministrator.

Appears in 4 contracts

Samples: Trust and Servicing Agreement (Morgan Stanley Capital I Trust 2016-Bnk2), Trust and Servicing Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2016-C31), Trust and Servicing Agreement (Morgan Stanley Bank of America Merrill Lynch Trust 2016-C30)

Trustee and Certificate Administrator May Own Certificates. The Trustee[, the Certificate Administrator Administrator] and any agent of the Trustee or the Certificate Administrator, each, in its individual capacity or any other capacity, may become the owner or pledgee of Certificates, and may deal with the Depositor and the Master Servicer in banking transactions, with the same rights it would have if it were not Trustee[, the Certificate Administrator Administrator] or such agent, as the case may be.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (RBS Commercial Funding Inc.), Pooling and Servicing Agreement (Barclays Commercial Mortgage Securities LLC), Pooling and Servicing Agreement (RBS Commercial Funding Inc.)

Trustee and Certificate Administrator May Own Certificates. The Trustee, the Certificate Administrator and or any agent of the Trustee or the Certificate Administrator, each, in its individual capacity or any other capacity, may become the owner or pledgee of Certificates, and may deal with the Depositor and the Master Servicer in banking transactions, Certificates with the same rights (except as otherwise provided in the definition of "Certificateholder") as it would have if it were not the Trustee, the Certificate Administrator or such agent, as the case may be.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Citigroup Commercial Mortgage Trust 2007-C6), Pooling and Servicing Agreement (CD 2007-Cd4 Commercial Mortgage Trust), Pooling and Servicing Agreement (Citigroup Commercial Mortgage Trust 2006-C5)

Trustee and Certificate Administrator May Own Certificates. The Trustee, Each of the Trustee and the Certificate Administrator and any agent of the Trustee or the Certificate Administrator, each, in its their individual capacity or any other capacity, capacities may become the owner or pledgee of Certificates, and may deal with the Depositor and the Master Servicer in banking transactions, Certificates with the same rights it would have if it were not TrusteeTrustee or Certificate Administrator and may otherwise deal with the Master Servicer, any Servicer, any Subservicer or any of their respective affiliates with the same right it would have if it were not the Trustee or the Certificate Administrator or such agent, as the case may beAdministrator.

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Wachovia Mortgage Loan Trust, Series 2007-A), Pooling and Servicing Agreement (Wachovia Mortgage Loan Trust, Series 2007-A), Pooling and Servicing Agreement (Wachovia Mortgage Loan Trust, Series 2005-B)

Trustee and Certificate Administrator May Own Certificates. The Trustee, the Certificate Administrator Trustee and any agent of the Trustee or the Certificate Administrator, each, in its individual capacity or any other capacity, and any agent of the Trustee and Certificate Administrator, respectively, may become the owner or pledgee of CertificatesCertificates with, and may deal with except as otherwise provided in the Depositor and the Master Servicer in banking transactionsdefinition of Certificateholder, with the same rights it would have if it were not Trustee, the Trustee or the Certificate Administrator or such agent, as the case may be.

Appears in 2 contracts

Samples: Pooling and Servicing Agreement (Banc of America Commercial Mortgage Inc., Series 2008-Ls1), Pooling and Servicing Agreement (Banc of America Commercial Mortgage Inc., Series 2007-5)

Trustee and Certificate Administrator May Own Certificates. The Trustee, the Certificate Administrator and or any agent of the Trustee or the Certificate Administrator, each, in its individual capacity or any other capacity, may become the owner or pledgee of Certificates, and may deal with the Depositor and the Master Servicer in banking transactions, Certificates with the same rights (except as otherwise provided in the definition of "Certificateholder") it would have if it were not the Trustee, the Certificate Administrator Administrator, or such agent, as the case may be.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Merrill Lynch Mortgage Trust 2005-Lc1)

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Trustee and Certificate Administrator May Own Certificates. The Trustee, Trustee and the Certificate Administrator and any agent of the Trustee or the Certificate Administrator, each, in its individual capacity or any capacity other capacitythan as Trustee or Certificate Administrator, as applicable, hereunder may become the owner or pledgee of Certificates, and may deal with the Depositor and the Master Servicer in banking transactions, Certificates with the same rights it would have if it were not TrusteeTrustee or Certificate Administrator, as applicable, and may transact any banking and trust business with the Originator, the Certificate Administrator Servicer, the Depositor or such agent, as the case may betheir Affiliates.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Bear Stearns Ast BCK Sec Inc Madison Ave Trust 2002-A)

Trustee and Certificate Administrator May Own Certificates. The Trustee, Each of the Trustee and the Certificate Administrator and any agent of the Trustee or the Certificate Administrator, each, in its their individual capacity or any other capacity, capacities may 108 become the owner or pledgee of Certificates, and may deal with the Depositor and the Master Servicer in banking transactions, Certificates with the same rights it would have if it were not TrusteeTrustee or Certificate Administrator and may otherwise deal with the Master Servicer, any Servicer, any Subservicer or any of their respective affiliates with the same right it would have if it were not the Trustee or the Certificate Administrator or such agent, as the case may beAdministrator.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Wachovia Mortgage Loan Trust, Series 2006-A)

Trustee and Certificate Administrator May Own Certificates. The Trustee, Each of the Trustee and the Certificate Administrator and any agent of the Trustee or the Certificate Administrator, each, in its their individual capacity or any other capacity, capacities may become the owner or pledgee of Certificates, and may deal with the Depositor and the Master Servicer in banking transactions, Certificates with the same rights it would have if it were not TrusteeTrustee or Certificate Administrator and may otherwise deal with any Servicer, any Subservicer or any of their respective affiliates with the same right it would have if it were not the Trustee or the Certificate Administrator or such agent, as the case may beAdministrator.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Wachovia Mortgage Loan Trust, LLC)

Trustee and Certificate Administrator May Own Certificates. The Trustee, Each of the Trustee and the Certificate Administrator and any agent of the Trustee or the Certificate Administrator, each, in its individual capacity or any other capacity, capacity may become the owner or pledgee of Certificates, and may deal with the Depositor and the Master Servicer in banking transactions, Certificates with the same rights as it would have if it were was not Trustee, the Trustee or the Certificate Administrator or such agent, as the case may beAdministrator.

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Wachovia Mortgage Loan Trust, Series 2005-Wmc1)

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