Common use of Preferential Collection of Claims Against the Company or a Guarantor Clause in Contracts

Preferential Collection of Claims Against the Company or a Guarantor. The Trustee is subject to and shall comply with the provisions of TIA § 311(a), excluding any creditor relationship listed in TIA § 311(b). A Trustee who has resigned or been removed shall be subject to TIA § 311(a) to the extent indicated therein.

Appears in 15 contracts

Samples: Indenture (Contango ORE, Inc.), Indenture (Riley Exploration Permian, Inc.), Indenture (KLX Energy Services Holdings, Inc.)

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Preferential Collection of Claims Against the Company or a Guarantor. The Trustee is subject to and shall comply with the provisions of 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 7 contracts

Samples: Indenture (Shell PLC), Indenture (Shell Finance US Inc.), Indenture (Shell International Finance B.V.)

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