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

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

Appears in 41 contracts

Samples: Indenture (Berkshire Hathaway Energy Co), Indenture (Midamerican Energy Holdings Co /New/), Indenture (Lodgian Inc)

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

Appears in 22 contracts

Samples: Indenture (Sonic Automotive Inc), Indenture (Sonic Automotive Inc), Indenture (Power Solutions International, Inc.)

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

Appears in 19 contracts

Samples: Indenture (TrueBlue, Inc.), Indenture (TrueBlue, Inc.), Indenture (Macy's, Inc.)

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

Appears in 12 contracts

Samples: Seventeenth Supplemental Indenture (Concho Resources Inc), Supplemental Indenture (Concho Resources Inc), Fifteenth Supplemental Indenture (Concho Resources Inc)

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

Appears in 10 contracts

Samples: Indenture (Agco Corp /De), Indenture (Nii Holdings Inc), Indenture (Nii Holdings Inc)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (Company, the Guarantor or any other obligor upon the DebenturesSecurities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture Act), the Trustee shall be subject to the any and all applicable provisions of the Trust Indenture Act regarding the collection of claims against the Company (Company, the Guarantor or any such other obligor).. For purposes of Section 311(b) of the Trust Indenture Act:

Appears in 9 contracts

Samples: Indenture (Texas Utilities Co /Tx/), Indenture (FPL Group Inc), Indenture (Texas Utilities Co /Tx/)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the DebenturesBonds (other than by reason of a relationship described in Section 311(b) of the Trust Indenture Act), the Trustee shall be subject to the any and all applicable provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).

Appears in 8 contracts

Samples: Indenture of Mortgage (PG&E Corp), Indenture of Mortgage (PG&E Corp), Indenture of Mortgage (PG&E Corp)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the DebenturesJunior Subordinated Notes), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).. For purposes of Section 311(b)(4) and (6) of the Trust Indenture Act:

Appears in 7 contracts

Samples: Subordinated Note Indenture (Southern Power Co), Subordinated Note Indenture (Agl Capital Corp), Subordinated Note Indenture (Gulf Power Co)

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

Appears in 6 contracts

Samples: Indenture (MGM Mirage), Indenture (MGM Mirage), Indenture (MGM Grand Inc)

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

Appears in 6 contracts

Samples: Senior Indenture (Beckman Coulter Inc), Senior Indenture (Maverick Tube Corporation), Indenture (Maverick Tube Corporation)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon under the DebenturesSecurities), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).. ARTICLE SEVEN HOLDERS' LISTS AND REPORTS BY TRUSTEE AND COMPANY

Appears in 5 contracts

Samples: Indenture (Atmos Energy Corp), Indenture (Cablevision Systems Corp), Indenture (Cablevision Systems Corp)

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

Appears in 5 contracts

Samples: Indenture (Pinnacle Entertainment Inc), Indenture (Pinnacle Entertainment Inc), Indenture (MGM Grand Inc)

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

Appears in 5 contracts

Samples: Indenture (American Residential Services Inc), Indenture (Pentegra Dental Group Inc), Indenture (Innovative Valve Technologies Inc)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the DebenturesSecurities), the Trustee shall be subject to the provisions of Section 311 and any other provision of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).

Appears in 5 contracts

Samples: Subordinated Indenture (Ucu Capital Trust I), Indenture (New Nisource Inc), Indenture (Nisource Inc)

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

Appears in 4 contracts

Samples: Indenture (O&M Halyard, Inc.), Indenture (O&M Halyard, Inc.), Indenture (Owens & Minor Inc/Va/)

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

Appears in 4 contracts

Samples: Indenture (Allegheny Energy Supply Co LLC), Indenture (Allegheny Energy Supply Co LLC), Indenture (Exelon Generation Co LLC)

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

Appears in 4 contracts

Samples: Indenture and Servicing Agreement (Gotham Golf Corp), Indenture and Servicing Agreement (Gotham Golf Corp), Indenture and Servicing Agreement (Gotham Golf Corp)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Debentures)Notes) and the Trust Indenture Act 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 4 contracts

Samples: Indenture (Onyx Acceptance Corp), Indenture (Onyx Acceptance Corp), Indenture (Onyx Acceptance Corp)

Preferential Collection of Claims Against Company. If and when the Trustee with respect to any series of Securities which was required to be registered under the EXCHANGE ACT shall be or become a creditor of the Company (or any other obligor upon the DebenturesSecurities), the Trustee shall be subject to the provisions of the Trust Indenture Act TRUST INDENTURE ACT regarding the collection of claims against the Company (or any such other obligor).

Appears in 3 contracts

Samples: Indenture (Patterson Energy Inc), Indenture (Golden Star Resources LTD), Indenture (Stillwater Mining Co /De/)

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

Appears in 3 contracts

Samples: Indenture (NGC Corp), Indenture (NGC Corp), Indenture (NGC Corp)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the DebenturesNotes (other than by reason of a relationship described in Section 311(b) of the Trust Indenture Act), the Trustee shall be subject to the any and all applicable provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).. For purposes of Section 311(b) of the Trust Indenture Act:

Appears in 3 contracts

Samples: Indenture (Southern Indiana Gas & Electric Co), Indenture (For Senior Notes) (Carolina Power & Light Co), Indenture (For Senior Notes) (Carolina Power & Light Co)

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

Appears in 2 contracts

Samples: Indenture (Hca Inc/Tn), Indenture (Hca Inc/Tn)

Preferential Collection of Claims Against Company. If and when the Trustee shall be is or become becomes a creditor creditor, directly or indirectly, secured or unsecured, of the Company (or any other obligor upon the Debentures)Securities) within the meaning of the Trust Indenture Act, the Trustee shall be subject to will comply with the relevant provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).

Appears in 2 contracts

Samples: Indenture (MFN Financial Corp), Indenture (MFN Financial Corp)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the DebenturesSecurities), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor). For purposes of Section 311(b)(4) and (6) of the Trust Indenture Act.

Appears in 2 contracts

Samples: Subordinated Debenture Indenture (PPL Electric Utilities Corp), Subordinated Debenture Indenture (Southern Investments Uk Capital Trust I)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon under the DebenturesNotes), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).. ARTICLE SEVEN HOLDERS' LISTS AND REPORTS BY TRUSTEE AND COMPANY

Appears in 2 contracts

Samples: Indenture (Callon Petroleum Co), Indenture (Callon Petroleum Co)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon under the DebenturesSecurities), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).. A Trustee who has resigned or been removed shall be subject to Trust Indenture Act Section 311(a) to the extent indicated therein, as qualified by Trust Indenture Act Section 311(b). ARTICLE SEVEN

Appears in 2 contracts

Samples: Indenture (Pioneer Hi Bred International Inc), Indenture (Republic Services Inc)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the DebenturesSecurities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture Act), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).. For purposes of Section 311(b) of the Trust Indenture Act:

Appears in 2 contracts

Samples: Indenture (Nice Systems LTD), Indenture (Nice Systems LTD)

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

Appears in 2 contracts

Samples: Indenture (Geo MCF Lp, LLC), Indenture (Geo MCF Lp, LLC)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the DebenturesSecurities), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor). A trustee who has resigned or been removed shall be subject to the Trust Indenture Act Section 3.11(a) to the extent provided therein.

Appears in 2 contracts

Samples: Indenture (Xl Group PLC), Indenture (Xl Capital LTD)

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

Appears in 2 contracts

Samples: Indenture (Dole Food Co Inc), Indenture (Southwest Gas Corp)

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

Appears in 2 contracts

Samples: Indenture (Prime Group Realty Trust), Indenture (Prime Group Realty Trust)

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

Appears in 2 contracts

Samples: Indenture (Eagle Food Centers Inc), Indenture (Calpine Capital Trust)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the DebenturesSecurities), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor). ARTICLE SEVEN CONSOLIDATION, MERGER, CONVEYANCE, TRANSFER OR LEASE SECTION 7.1 COMPANY MAY CONSOLIDATE, ETC., ONLY ON

Appears in 2 contracts

Samples: Indenture (Etoys Inc), Indenture (Etoys Inc)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (Company, the Guarantor or any other obligor upon the DebenturesSecurities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture Act), the Trustee shall be subject to the any and all applicable provisions of the Trust Indenture Act regarding the collection of claims against the Company (Company, the Guarantor or any such other obligor).. For purposes of Section 311(b) of the Trust Indenture Act

Appears in 2 contracts

Samples: Indenture (Dqe Capital Corp), Indenture (Dqe Capital Corp)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon under the DebenturesSecurities), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).. ARTICLE SEVEN HOLDERS' LISTS AND REPORTS BY TRUSTEE AND COMPANY 77 67

Appears in 1 contract

Samples: Indenture (CCC Capital Trust Ii)

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

Appears in 1 contract

Samples: Indenture (Mission Resources Corp)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the DebenturesNotes), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).. ARTICLE SEVEN Holders' Lists and Reports by Trustee and Company

Appears in 1 contract

Samples: Indenture (Oci Holdings Inc)

Preferential Collection of Claims Against Company. 50 - If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the DebenturesSecurities), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).

Appears in 1 contract

Samples: Junior Subordinated Indenture (Assuranceamerica Corp)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the DebenturesSecurities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture Act), the Trustee shall be subject to the any and all applicable provisions of the Trust Indenture Act regarding the collection of claims against the Company (Company, or any such other obligor).. For purposes of Section 311(b) of the Trust Indenture Act:

Appears in 1 contract

Samples: Indenture (FPL Group Trust II)

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Preferential Collection of Claims Against Company. 53 If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the DebenturesSecurities), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).

Appears in 1 contract

Samples: Indenture (Nabors Industries LTD)

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

Appears in 1 contract

Samples: Subordinated Indenture (Nuevo Energy Co)

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

Appears in 1 contract

Samples: Second Supplemental Indenture (Lamar Advertising Co)

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

Appears in 1 contract

Samples: Intercreditor, Security and Collateral Agency Agreement (Abraxas Petroleum Corp)

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

Appears in 1 contract

Samples: Indenture (Nordstrom Inc)

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

Appears in 1 contract

Samples: Indenture (Pan American Energy Finance Corp)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the DebenturesSenior Notes), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).. For purposes of Section 311(b)(4) and (6) of the Trust Indenture Act:

Appears in 1 contract

Samples: Indenture (Mirant Americas Generating Inc)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the DebenturesSecurities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture Act), the Trustee shall be subject to the any and all provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).obligor if the Trust Indenture Act shall at that time be applicable. For purposes of Section 311(b) of the Trust Indenture Act:

Appears in 1 contract

Samples: Indenture (Txu Australia Holdings Partnership L P)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the DebenturesDebt Securities), the Trustee shall be subject to the provisions of Section 311 of the Trust Indenture Act regarding the collection of such claims against the Company (or any such other obligor). A Trustee that has resigned or been removed shall be subject to and comply with said Section 311 to the extent required thereby.

Appears in 1 contract

Samples: Indenture (Metro-Goldwyn-Mayer Inc)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the DebenturesSecurities), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor). ARTICLE 1 Holders' Lists and Reports by Trustee and Company

Appears in 1 contract

Samples: Indenture (St Paul Companies Inc /Mn/)

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

Appears in 1 contract

Samples: Indenture (Bell Atlantic Corp)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the DebenturesSecurities), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).. ARTICLE SEVEN Holders' Lists and Reports by Trustee and Company

Appears in 1 contract

Samples: Indenture (Zions Bancorporation /Ut/)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the DebenturesSecurities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture Act), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).obligor whether or not this Indenture is qualified under the Trust Indenture Act. For purposes of Section 311(b) of the Trust Indenture Act:

Appears in 1 contract

Samples: Indenture (Txu Australia Holdings Partnership L P)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become becomes a creditor of the Company (or any other obligor upon the Debentures)Company, the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company (Company. A Trustee that has resigned or any been removed is subject to such other obligor).provisions of the Trust Indenture Act to the extent provided therein. ARTICLE SEVEN

Appears in 1 contract

Samples: Indenture (Polyphase Corp)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the DebenturesSecurities), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).. For purposes of Section 311(b) of the Trust Indenture Act:

Appears in 1 contract

Samples: Indenture (Cleveland Electric Financing Trust I)

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

Appears in 1 contract

Samples: Indenture (Sun Healthcare Group Inc)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Debentures), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).. ARTICLE SEVEN Holders' Lists and Reports by Trustee and Company

Appears in 1 contract

Samples: Indenture (Oci Holdings Inc)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Debentures)Securities, the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).. For the purposes of Section 311(b)(4) and (6) of the Trust Indenture Act:

Appears in 1 contract

Samples: Indenture (Heritage Media Corp)

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

Appears in 1 contract

Samples: Indenture (Analog Devices Inc)

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

Appears in 1 contract

Samples: Indenture (Callon Petroleum Co)

Preferential Collection of Claims Against Company. 52 - If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the DebenturesSecurities), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).

Appears in 1 contract

Samples: Indenture (Overseas Shipholding Group Inc)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the DebenturesSecurities), 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 EIGHT Holders' Lists and Reports by Trustee, Company and Guarantor

Appears in 1 contract

Samples: Indenture (Zions Financial Corp)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the DebenturesSecurities), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).. For purposes of Section 311(b)(4) and (6) of the Trust Indenture Act, the following terms shall mean:

Appears in 1 contract

Samples: Indenture (Cinergy Corp)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the DebenturesSecurities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture Act), the Trustee shall be subject to the any and all applicable provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).Act

Appears in 1 contract

Samples: Indenture (Ies Utilities Inc)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company or the Guarantor (or any other obligor upon the DebenturesSecurities), 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).. A trustee who has resigned or been removed shall be subject to the Trust Indenture Act Section 3.11(a) to the extent provided therein. ARTICLE SEVEN

Appears in 1 contract

Samples: Indenture (Xl Capital LTD)

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