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

Preferential Collection of Claims Against Depositor. The Trustee shall comply with TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b). A trustee who has resigned or been removed shall be subject to TIA Section 311(a) to the extent required by TIA Section 311(a).

Appears in 31 contracts

Samples: Trust Agreement (Incapital Trust Products II LLC), Base Trust Agreement (Structured Products Corp), Base Trust Agreement (Structured Products Corp)

AutoNDA by SimpleDocs

Preferential Collection of Claims Against Depositor. The Irrespective of whether the TIA shall apply to this Agreement, the Trustee shall comply with TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b). A trustee who has resigned or been removed shall be subject to TIA Section 311(a) to the extent required by TIA Section 311(a).

Appears in 8 contracts

Samples: Trust Agreement (Core Bond Products LLC), Trust Agreement (Comcertz Abs Corp), Trust Agreement (Core Bond Products LLC)

Preferential Collection of Claims Against Depositor. The Irrespective of whether the TIA shall apply to those Agreement, the Trustee shall comply with TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b). A trustee who has resigned or been removed shall be subject to TIA Section 311(a) to the extent required by TIA Section 311(a).

Appears in 4 contracts

Samples: Trust Agreement (MSDW Structured Asset Corp), Trust Agreement (MSDW Structured Asset Corp), Trust Agreement (MSDW Structured Asset Corp)

Preferential Collection of Claims Against Depositor. The Irrespective of whether the TIA shall apply to the Trust Agreement, the Trustee shall comply with the obligations set forth in TIA Section 311(a), excluding any creditor relationship listed taking into account the exclusion set forth in TIA Section 311(b). A trustee who that has resigned or has been removed shall be subject to TIA Section 311(a) such obligations to the extent required by set forth in TIA Section 311(a).

Appears in 3 contracts

Samples: Trust Agreement (Credit & Asset Repackaging Vehicle Corp), Trust Agreement (Credit & Asset Repackaging Vehicle Corp), Trust Agreement (Credit & Asset Repackaging Vehicle Corp)

AutoNDA by SimpleDocs

Preferential Collection of Claims Against Depositor. The Trustee (and any co-trustee or separate trustee) shall comply with be subject to TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b). A , and a Trustee (and any co-trustee or separate trustee) who has resigned or been removed shall be subject to TIA Section 311(a) to the extent required by TIA Section 311(a)indicated.

Appears in 2 contracts

Samples: Indenture (Union Planters Home Equity Corp), Indenture (Union Planters Mortgage Finance Corp)

Preferential Collection of Claims Against Depositor. The Irrespective of whether the TIA shall apply to those Agreement, the Trustee shall comply with TIA Section 311(a)) , excluding any creditor relationship listed in TIA Section 311(b)) . A trustee who has resigned or been removed shall be subject to TIA Section 311(a) to the extent required by TIA Section 311(a)) .

Appears in 1 contract

Samples: Trust Agreement (MSDW Structured Asset Corp)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!