Common use of Preferential Collection of Claims Against Company or Guarantor Clause in Contracts

Preferential Collection of Claims Against Company or Guarantor. If and when the Trustee shall be or become a creditor of the Company or the Guarantor (or any other obligor upon the Securities), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company or the Guarantor (or any such other obligor).

Appears in 8 contracts

Samples: Indenture (Syngenta Ag), Indenture (Syngenta Finance N.V.), Indenture (Monsanto Finance Canada Co.)

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Preferential Collection of Claims Against Company or Guarantor. If and when the Trustee shall be or become a creditor of the Company or Company, the Guarantor (or any other obligor upon the Securities), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company or Company, the Guarantor (or any such other obligor).

Appears in 4 contracts

Samples: Indenture (ING U.S., Inc.), Indenture (Aetna Inc), Indenture (Aetna Inc)

Preferential Collection of Claims Against Company or Guarantor. If and when the Trustee shall be or become a creditor of the Company or the Guarantor (or any other obligor upon the Securities)) or the Guarantor, the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company or the Guarantor (or any such other obligor)) or the Guarantor. A trustee who has resigned or been removed shall be subject to the Trust Indenture Act Section 311(a) to the extent provided therein.

Appears in 4 contracts

Samples: Indenture (Xl Group PLC), Indenture (Xl Group PLC), Indenture (XL Group Ltd.)

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Preferential Collection of Claims Against Company or Guarantor. If and when the Trustee shall be or become a creditor of the Company or the Guarantor (or any other obligor upon the Securities), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company or the Guarantor (or any such other obligor).. ARTICLE VII

Appears in 1 contract

Samples: Indenture (Sprint Corp)

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