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

Preferential Collection of Claims Against Issuers. 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 indicated therein.

Appears in 8 contracts

Samples: Indenture (Superior Essex Inc), Indenture (Tcby of Australia, Inc.), Indenture (MRS Fields Financing Co Inc)

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Preferential Collection of Claims Against Issuers. The Trustee shall comply with is subject to 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(a311 (a) to the extent indicated therein.

Appears in 3 contracts

Samples: Indenture (Consoltex Inc/ Ca), Indenture (Consoltex Usa Inc), Indenture (Consoltex Inc/ Ca)

Preferential Collection of Claims Against Issuers. The Trustee shall comply with is subject to 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 indicated therein. The provisions of TIA Section 311 shall apply to the Issuers, as obligors on the Notes.

Appears in 2 contracts

Samples: Indenture (Majestic Star Casino LLC), Indenture (Majestic Star Casino LLC)

Preferential Collection of Claims Against Issuers. 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 indicated therein. The provisions of TIA Section 311 shall apply to the Issuers as obligors of the Notes.

Appears in 2 contracts

Samples: Indenture (3055854 Nova Scotia Co), Indenture (NSP Holdings Capital Corp.)

Preferential Collection of Claims Against Issuers. The Trustee shall comply with is subject to 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 indicated therein. ARTICLE 8 LEGAL DEFEASANCE AND COVENANT DEFEASANCE

Appears in 1 contract

Samples: Indenture (El Paso Energy Partners Deepwater LLC)

Preferential Collection of Claims Against Issuers. The Trustee shall comply with TIA Section 311(a)Section311(a) of the TIA, excluding any creditor relationship listed in TIA Section 311(b)) of the TIA. A If the present or any future Trustee who has resigned shall resign or been removed be removed, it shall be subject to TIA Section 311(a) of the TIA to the extent indicated provided therein.. ARTICLE SEVEN

Appears in 1 contract

Samples: Indenture (Leiner Health Products Inc)

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Preferential Collection of Claims Against Issuers. 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 indicated therein.. The provisions of TIA Section 311 shall apply to the Issuers as obligors of the Notes. ARTICLE 8

Appears in 1 contract

Samples: Indenture (Norcross Capital Corp)

Preferential Collection of Claims Against Issuers. The Trustee shall comply with TIA Section SECTION 311(a), excluding any creditor relationship listed in TIA Section SECTION 311(b). A Trustee who has resigned or been removed shall be subject to TIA Section SECTION 311(a) to the extent indicated therein. The provisions of TIA SECTION 311(a) shall apply to the Issuers and their Subsidiaries, as obligor on the Notes.

Appears in 1 contract

Samples: Indenture (Hockey Co)

Preferential Collection of Claims Against Issuers. The Trustee with respect to the securities of each series of Securities 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 indicated thereinindicated.

Appears in 1 contract

Samples: Indenture (Ggri Inc)

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