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

Preferential Collection of Claims Against the Company or a Subsidiary 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 14 contracts

Samples: Patterson (Patterson Uti Energy Inc), Indenture (LGI Homes, Inc.), Patterson (Patterson Uti Energy Inc)

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