Common use of Limitation on Rights of Trustee as a Creditor Clause in Contracts

Limitation on Rights of Trustee as a Creditor. The Trustee shall comply with Section 311(a) of the Trust Indenture Act, excluding any creditor relationship described in Section 311(b) of the Trust Indenture Act. A Trustee who has resigned or been removed shall be subject to Section 311(a) of the Trust Indenture Act to the extent included therein.

Appears in 86 contracts

Samples: Indenture (Cooper Industries, Ltd.), Indenture Agreement (Cooper Industries LTD), Indenture (Flushing Financial Corp)

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Limitation on Rights of Trustee as a Creditor. The Trustee shall comply with Section 311(a) of the Trust Indenture ActAct of 1939, excluding any creditor relationship described in Section 311(b) of the Trust Indenture ActAct of 1939. A Trustee who has resigned or been removed shall be subject to Section 311(a) of the Trust Indenture Act of 1939 to the extent included therein.

Appears in 11 contracts

Samples: Indenture (Trenwick Group Inc), Indenture (First Palm Beach Bancorp Inc), Indenture (Vesta Insurance Group Inc)

Limitation on Rights of Trustee as a Creditor. The Trustee shall comply with Section 311(a3.11(a) of the Trust Indenture Act, excluding any creditor relationship described in Section 311(b3.11(b) of the Trust Indenture Act. A Trustee who has resigned or been removed shall be subject to Section 311(a3.11(a) of the Trust Indenture Act to the extent included therein.

Appears in 4 contracts

Samples: Indenture (Chevron Phillips Chemical Co LLC), Indenture (Nb Capital Trust I), Indenture (Unifi Inc)

Limitation on Rights of Trustee as a Creditor. The Trustee shall comply with Section 311(a) of the Trust Indenture Act, excluding any creditor relationship described in Section 311(b) of the Trust Indenture Act. A Trustee who has resigned or been removed shall be subject to Section 311(a) of the Trust Indenture Act to the extent included therein.

Appears in 4 contracts

Samples: Junior Subordinated Indenture (Continental Airlines Finance Trust Iii), Junior Subordinated Indenture (Spinnaker Exploration Co), Junior Subordinated Indenture (Dynegy Capital Trust Iii)

Limitation on Rights of Trustee as a Creditor. The Trustee shall comply with Section 311(a) of the Trust Indenture Act, excluding any creditor relationship described de- scribed in Section 311(b) of the Trust Indenture Act. A Trustee who has resigned or been removed shall be subject to Section Sec- tion 311(a) of the Trust Indenture Act to the extent included therein.

Appears in 1 contract

Samples: Indenture (Sovereign Bancorp Inc)

Limitation on Rights of Trustee as a Creditor. The Trustee shall comply with Section 311(a) of the Trust Indenture Act, excluding any creditor relationship described in Section 311(b) of the Trust Indenture Act. A Trustee who has resigned or been removed shall be subject to Section 311(a) of the Trust Indenture Act to the extent included therein.Trustee

Appears in 1 contract

Samples: Indenture (Amcore Capital Trust I)

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Limitation on Rights of Trustee as a Creditor. The Trustee shall comply with Section 311(a) of the Trust Indenture Act, excluding any creditor relationship described in Section 311(b) of the Trust Indenture Act. A Trustee who has resigned or been removed shall be subject to Section 311(a) of the Trust Indenture Act to the extent included thereinrequired thereby.

Appears in 1 contract

Samples: Junior Subordinated Indenture (Fw Preferred Capital Trust I)

Limitation on Rights of Trustee as a Creditor. The Trustee shall comply with Section 311(a3.11(a) of the Trust Indenture Act, excluding any creditor relationship described de scribed in Section 311(b3.11(b) of the Trust Indenture Act. A Trustee who has resigned or been removed shall be subject to Section 311(a3.11(a) of the Trust Indenture Act to the extent included thereinthere in.

Appears in 1 contract

Samples: Indenture (Nb Capital Trust I)

Limitation on Rights of Trustee as a Creditor. The Trustee shall comply with Section 311(a) of the Trust Indenture Act, excluding any creditor relationship described in Section 311(b) of the Trust Indenture Act. A Trustee who has resigned or been removed shall be subject to Section 311(a) of the Trust Indenture Act to the extent included therein, to the extent such Section applies to the provisions of this Indenture.

Appears in 1 contract

Samples: Indenture (Premier Bancorp Inc /Pa/)

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