Trustee May Own Certificates and Notes. The Trustee in its individual or any other capacity shall be permitted to become the owner or pledgee of Certificates and Notes and may deal with the Depositor and the parties to the Swap Agreement, any Related Agreement or any Credit Enhancement Agreement in transactions in the same manner as it would have if it were not the Trustee, subject to the limitations on the rights of the Trustee, if it is holding the Certificates in its individual capacity, in voting on any demand, authorization, direction, notice, consent or waiver hereunder, set forth in the definition of "Outstanding" in Section 1.1 hereof.
Appears in 4 contracts
Samples: Series Trust Agreement (Corporate Asset Backed Corp), Series Trust Agreement (Corporate Asset Backed Corp), Series Trust Agreement (Corporate Asset Backed Corp)