Common use of PREFERENTIAL COLLECTION OF CLAIMS AGAINST LGII Clause in Contracts

PREFERENTIAL COLLECTION OF CLAIMS AGAINST LGII. The Trustee shall comply with TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b). If the present or any future Trustee shall resign or be removed, it shall be subject to TIA Section 311(a) to the extent provided therein.

Appears in 5 contracts

Samples: Indenture (Loewen Group Inc), Indenture (Loewen Group Inc), Indenture (Loewen Group International Inc)

AutoNDA by SimpleDocs

PREFERENTIAL COLLECTION OF CLAIMS AGAINST LGII. The Trustee shall comply with TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b). If the present or any future Trustee shall resign or be removed, it shall be subject to TIA Section 311(a) to the extent provided therein.

Appears in 1 contract

Samples: Indenture (Loewen Group International Inc)

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