Seller May Own Certificates. Seller, and any Affiliate of Seller, may in its individual or any other capacity become the owner or pledgee of Certificates with the same rights as it would have if it were not Seller or an Affiliate thereof, except as otherwise provided in the definition of "Holder", "Class A Holder" and "Class B Holder" in Section 1.1. Certificates so owned by or pledged to Seller or any such Affiliate shall have an equal and proportionate benefit under the provisions of this Agreement, without preference, priority or distinction as among all of the Certificates, except as otherwise provided in the definitions of "Class A Holder" and "Class B Holder".
Appears in 2 contracts
Sources: Pooling and Servicing Agreement (Amsouth Auto Corp Inc), Pooling and Servicing Agreement (Key Consumer Acceptance Corp)