Preferential Collection of Claims Against Depositor or Issuer Trust. If and when the Property Trustee shall be or become a creditor of the Depositor or the Issuer Trust (or any other obligor upon the Capital Securities), the Property Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Depositor or the Issuer Trust (or any such other obligor).
Appears in 63 contracts
Samples: Trust Agreement (First Merchants Corp), Trust Agreement (Superior Bancorp), Trust Agreement (Bb&t Corp)
Preferential Collection of Claims Against Depositor or Issuer Trust. If and when the Property Trustee shall be or become a creditor of the Depositor or the Issuer Trust (or any other obligor upon the Capital Trust Preferred Securities), the Property Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Depositor or the Issuer Trust (or any such other obligor).
Appears in 8 contracts
Samples: Trust Agreement (Us Bancorp \De\), Trust Agreement (USB Capital IX), Trust Agreement (Wachovia Capital Trust Iii)
