Owner Trustee May Own Certificates and Notes. ▇▇▇▇▇ Fargo Delaware Trust Company, in its individual or any other capacity, may become the owner or pledgee of Certificates or Notes and may deal with the Depositor, the Servicer, the Administrator and the Indenture Trustee in banking transactions with the same rights as they would have if it was not the Owner Trustee.
Appears in 4 contracts
Sources: Trust Agreement (USAA Auto Owner Trust 2007-2), Trust Agreement (USAA Auto Owner Trust 2008-1), Trust Agreement (Usaa Acceptance LLC)
Owner Trustee May Own Certificates and Notes. ▇▇▇▇▇ Wells Fargo Delaware Trust Company, in its individual or any other capacity▇▇▇▇▇ity, may become the owner or pledgee of Certificates or Notes and may deal with the Depositor, the Servicer, the Administrator and the Indenture Trustee in banking transactions with the same rights as they would have if it was not the Owner Trustee.
Appears in 2 contracts
Sources: Trust Agreement (USAA Auto Owner Trust 2006-4), Trust Agreement (USAA Auto Owner Trust 2006-2)
Owner Trustee May Own Certificates and Notes. ▇▇▇▇▇ Wells Fargo Delaware Trust Company, in its individual or any other capacityc▇▇▇▇▇ty, may become the owner or pledgee of Certificates or Notes and may deal with the Depositor, the Servicer, the Administrator and the Indenture Trustee in banking transactions with the same rights as they would have if it was not the Owner Trustee.
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