Common use of Limitations on Preferential Collection of Claims by the Trustee Clause in Contracts

Limitations on Preferential Collection of Claims by the Trustee. The Trustee shall comply with Section 311(a) of the Trust Indenture Act of 1939, excluding any creditor relationship described in Section 311(b) of the Trust Indenture Act 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 3 contracts

Samples: Indenture (Consolidated Natural Gas Co/Va), Indenture (Markel Corp), Indenture (Dominion CNG Capital Trust Ii)

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Limitations on Preferential Collection of Claims by the Trustee. The Trustee shall comply with Section 311(a) of the Trust Indenture Act of 1939Act, excluding any creditor relationship described in Section 311(b) of the Trust Indenture Act of 1939Act. 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 3 contracts

Samples: Junior Subordinated Indenture (Dominion Resources Inc /Va/), Junior Subordinated Indenture (Laclede Gas Co), Indenture (Energy East Capital Trust Ii)

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Limitations on Preferential Collection of Claims by the Trustee. The Trustee Trustees shall comply with Section 311(a) of the Trust Indenture Act of 1939Act, excluding any creditor relationship described in Section 311(b) of the Trust Indenture Act of 1939Act. 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 1 contract

Samples: Senior Indenture (Algonquin Power & Utilities Corp.)

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