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

Limitation on Rights of Trustee as Creditor. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes), after qualification under the Trust Indenture Act, the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of the claims against the Company (or any such other obligor).

Appears in 48 contracts

Samples: Indenture (Sirius Xm Holdings Inc.), WEIBO Corp, Indenture (WEIBO Corp)

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Limitation on Rights of Trustee as Creditor. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes), after qualification under the Trust Indenture Act, the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of the claims against the Company (or any such other obligor).

Appears in 35 contracts

Samples: Indenture (Sandisk Corp), Indenture (Cadence Design Systems Inc), Indenture (RCN Corp /De/)

Limitation on Rights of Trustee as Creditor. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes), after qualification under ) and the Trust Indenture ActAct is applicable hereto, the Trustee shall be subject to the provisions of the Trust Indenture Act Section 311(a) or, if applicable, Trust Indenture Act Section 311(b) regarding the collection of the claims against the Company (or any such other obligor).

Appears in 10 contracts

Samples: Penn Treaty American (Penn Treaty American Corp), Indenture (Penn Treaty American Corp), Penn Treaty American Corp

Limitation on Rights of Trustee as Creditor. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes), after qualification under the Trust Indenture ActCompany, the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of the claims against the Company (or any such other obligor)Company.

Appears in 8 contracts

Samples: Forest City Enterprises Inc, Forest City Enterprises Inc, Forest City Enterprises Inc

Limitation on Rights of Trustee as Creditor. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the NotesDebentures), after qualification under the Trust Indenture Act, the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of the claims against the Company (or any such other obligor).

Appears in 5 contracts

Samples: Indenture (Flowers Industries Inc /Ga), Indenture (Omnicom Group Inc), Indenture (Flowers Industries Inc /Ga)

Limitation on Rights of Trustee as Creditor. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes), after qualification under the Trust Indenture ActAct (if applicable), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of the claims against the Company (or any such other obligor).

Appears in 4 contracts

Samples: Indenture (Salix Pharmaceuticals LTD), Indenture (Kaman Corp), Indenture (Salix Pharmaceuticals LTD)

Limitation on Rights of Trustee as Creditor. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes), after qualification under Debentures and the Trust Indenture ActAct is applicable hereto), the Trustee shall be subject to the provisions of Section 311(a) of the Trust Indenture Act or, if applicable, Section 311(b) of the Trust Indenture Act regarding the collection of the claims against the Company (or any such other obligor).

Appears in 3 contracts

Samples: Indenture (Xcyte Therapies Inc), And (Xcyte Therapies Inc), Alkermes Inc

Limitation on Rights of Trustee as Creditor. If and when the ------------------------------------------- Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes), after qualification under the Trust Indenture Act, the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of the claims against the Company (or any such other obligor).

Appears in 3 contracts

Samples: Indenture (Tivo Inc), E Trade Group Inc, E Trade Group Inc

Limitation on Rights of Trustee as Creditor. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes), after qualification under ) and the Trust Indenture ActAct is applicable hereto, the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of the claims against the Company (or any such other obligor).

Appears in 2 contracts

Samples: Securities Purchase Agreement (Tribune Co), Securities Purchase Agreement (Softkey International Inc)

Limitation on Rights of Trustee as Creditor. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes)Company, after qualification of this Indenture under the Trust Indenture Act, the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of the claims against the Company (or any such other obligor)Company.

Appears in 2 contracts

Samples: Indenture (Sirius Xm Holdings Inc.), Indenture (Liberty Media Corp)

Limitation on Rights of Trustee as Creditor. If and when the Trustee shall be or become a creditor of the Company Issuer (or any other obligor upon the Notes), after qualification under the Trust Indenture Act, the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of the claims against the Company Issuer (or any such other obligor).

Appears in 2 contracts

Samples: Indenture (Horizon Lines, Inc.), Indenture (Horizon Lines, Inc.)

Limitation on Rights of Trustee as Creditor. If and when the ------------------------------------------- Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes), after qualification under the Trust Indenture Act, the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of the claims against the Company (or any such other obligor).

Appears in 2 contracts

Samples: Indenture (Level One Communications Inc /Ca/), Premiere Technologies Inc

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Limitation on Rights of Trustee as Creditor. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the NotesDebentures), after qualification under the Trust Indenture Act, the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of the claims against the Company (or any such other obligor).

Appears in 2 contracts

Samples: Blackrock Inc /Ny, Indenture (Lifepoint Hospitals, Inc.)

Limitation on Rights of Trustee as Creditor. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the NotesSecurities), after qualification under the Trust Indenture Act, the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of the claims against the Company (or any such other obligor).

Appears in 2 contracts

Samples: System Software (System Software Associates Inc), Securities Purchase Agreement (System Software Associates Inc)

Limitation on Rights of Trustee as Creditor. If and when the ------------------------------------------- Trustee shall be or become a creditor of the Company (or any other obligor upon the NotesSecurities), after qualification under the Trust Indenture Act, the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of the claims against the Company (or any such other obligor).

Appears in 1 contract

Samples: Indenture (System Software Associates Inc)

Limitation on Rights of Trustee as Creditor. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes), after qualification under the Trust Indenture Act, the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of the claims against the Company (or any such other obligor).Trust

Appears in 1 contract

Samples: Indenture (Alkermes Inc)

Limitation on Rights of Trustee as Creditor. If and when the ------------------------------------------- Trustee shall be or become a creditor of the Company (or any other obligor upon the NotesDebentures), after qualification under the Trust Indenture Act, the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of the claims against the Company (or any such other obligor).

Appears in 1 contract

Samples: Sequus Pharmaceuticals Inc

Limitation on Rights of Trustee as Creditor. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the NotesNotes under this Indenture), after qualification under the Trust Indenture Act, the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of the claims against the Company (or any such other obligor).

Appears in 1 contract

Samples: Indenture (Eos Energy Enterprises, Inc.)

Limitation on Rights of Trustee as Creditor. If and ------------------------------------------- when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes), after qualification under the Trust Indenture Act, the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of the claims against the Company (or any such other obligor).

Appears in 1 contract

Samples: Park Electrochemical Corp

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