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

Trustee and the Securities Administrator May Own Certificates. The Trustee and the Securities Administrator and any Affiliate or agent of either of them in its individual or any other capacity may become the owner or pledgee of Certificates and may transact banking and trust business with the other parties hereto and their Affiliates with the same rights it would have if it were not Trustee, Securities Administrator or such agent.

Appears in 156 contracts

Samples: Pooling and Servicing Agreement (Sequoia Mortgage Funding Corp), Pooling and Servicing Agreement (Sequoia Residential Funding Inc), Trust Agreement (Structured Asset Securities CORP Mortgage Loan Trust 2006-Bc5)

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Trustee and the Securities Administrator May Own Certificates. The Trustee and Trustee, the Securities Administrator and any Affiliate or agent of either of them the Trustee or Securities Administrator in its individual or any other capacity may become the owner or pledgee of Certificates and may transact banking and trust business with the other parties hereto and their Affiliates with the same rights it would have if it were not Trustee, Securities Administrator or such agent.

Appears in 7 contracts

Samples: Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-26), Trust Agreement (Structured Asset Sec Corp Mort Pass THR Cert Ser 2002-3), Trust Agreement (Structured Asset Securities Corp Mor Pas THR Cer Se 2002-1a)

Trustee and the Securities Administrator May Own Certificates. The Trustee and |The Trustee, the Securities Administrator and any Affiliate or agent of either of them the Trustee or Securities Administrator in its individual or any other capacity may become the owner or pledgee of Certificates and may transact banking and trust business with the other parties hereto and their Affiliates with the same rights it would have if it were not Trustee, Securities Administrator or such agent.

Appears in 1 contract

Samples: Trust Agreement (Structured Asset Securities Corp Mort Pass THR Cert Ser 01 1)

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Trustee and the Securities Administrator May Own Certificates. The Trustee and the Securities Administrator and any Affiliate or agent of either of them in its individual or any other capacity may become the owner or pledgee of Certificates and may transact banking and trust business with the other parties hereto and their Affiliates with the same rights it would have if it were not Trustee, Securities Administrator or such agent.. Section 6.05

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Sequoia Residential Funding Inc)

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