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

Preferential Collection of Claims Against Issuers. The Trustee with respect to the securities of each series of Securities shall comply with TIA ss. 311(a), excluding any creditor relationship listed in TIA ss. 311(b). A Trustee who has resigned or been removed shall be subject to TIA ss. 311(a) to the extent indicated.

Appears in 2 contracts

Samples: Sun International Hotels LTD, Ggri Inc

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Preferential Collection of Claims Against Issuers. The Trustee with respect to the securities of each series of Securities shall comply with TIA ss. 311(aTIAss.311(a), excluding any creditor relationship listed in TIA ss. 311(bTIAss.311(b). A Trustee who has resigned or been removed shall be subject to TIA ss. 311(aTIAss.311(a) to the extent indicated.

Appears in 1 contract

Samples: Indenture (Sun International Hotels LTD)

Preferential Collection of Claims Against Issuers. The Trustee with respect to the securities of each series of Securities shall comply with TIA ss. 311(a), excluding any creditor relationship listed in TIA ss. 311(b). A Trustee who has resigned or been removed shall be subject to TIA ss. 311(a) to the extent indicated.

Appears in 1 contract

Samples: Indenture (Elan Corp PLC)

Preferential Collection of Claims Against Issuers. The ------------------------------------------------- Trustee with respect to the securities of each series of Securities shall comply with TIA ss. S 311(a), excluding any creditor relationship listed in TIA ss. S 311(b). A Trustee who has resigned or been removed shall be subject to TIA ss. S 311(a) to the extent indicated.

Appears in 1 contract

Samples: Borden Chemicals & Plastics Limited Partnership /De/

Preferential Collection of Claims Against Issuers. The Trustee with respect to the securities of each series of Securities shall comply with TIA ss. 311(a), excluding any creditor relationship listed in TIA ss. 311(b). A Trustee who has resigned or been removed shall be subject to TIA ss. 311(a) to the extent indicated.indicated therein. The provisions of TIA ss. 311 shall apply to the Issuers, as obligors on the Notes. 73 145385.01

Appears in 1 contract

Samples: Abraxas Petroleum Corp

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Preferential Collection of Claims Against Issuers. The Trustee with respect to the securities of each series of Securities shall comply with TIA ss. Section 311(a)) of the TIA, excluding any creditor relationship listed in TIA ss. 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 ss. 311(a) of the TIA to the extent indicated.provided therein. ARTICLE SEVEN

Appears in 1 contract

Samples: Freedom Chemical Co

Preferential Collection of Claims Against Issuers. The Trustee with respect to the securities of each series of Securities shall comply with TIA ss. 311(a), excluding any creditor relationship listed in TIA ss. 311(b). A Trustee who has resigned or been removed shall be subject to TIA ss. 311(a) to the extent indicatedindicated therein. The provisions of TIA ss. 311 shall apply to the Issuers, as obligors on the Notes.

Appears in 1 contract

Samples: Indenture (Aoa Capital Corp)

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