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

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes), the Trustee shall be subject to the provisions of the TIA regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claims.

Appears in 88 contracts

Samples: Indenture (US Foods Holding Corp.), Indenture (Hertz Corp), Ninth Supplemental Indenture (Graphic Packaging Holding Co)

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Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the NotesSecurities), the Trustee shall be subject to the provisions of the TIA Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claims).

Appears in 50 contracts

Samples: Indenture (Newmont Usa LTD), Indenture (Kellanova), Indenture (CNH Industrial Capital LLC)

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (Company, or any other obligor upon the Notes)Securities, the Trustee shall be subject to the provisions of the TIA Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claims.

Appears in 27 contracts

Samples: Indenture (Community West Bancshares), Indenture (Financial Institutions Inc), Indenture (Financial Institutions Inc)

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notesunder TIA Section 311(a), the Trustee shall be subject to the provisions of the TIA regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it contained in respect of such claimsTIA Section 311 to the extent applicable.

Appears in 14 contracts

Samples: Junior Indenture (Maui Electric Co LTD), Junior Indenture (Hawaiian Electric Co Inc), Junior Indenture (Hawaiian Electric Co Inc)

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes), the Trustee shall be subject to the provisions of the TIA regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claims).

Appears in 12 contracts

Samples: Indenture (Lyondell Chemical Co), Loan Agreement (Sirva Inc), Indenture (Lyondell Chemical Co)

Preferential Collection of Claims Against the Company. (a) If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes), the Trustee shall be subject to the provisions of the TIA regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claims).

Appears in 8 contracts

Samples: Indenture (Lyondell Chemical Nederland LTD), Indenture (Lyondell Chemical Co), Indenture (Lyondell Chemical Co)

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor creditor, directly or indirectly, secured or unsecured, of the Company (or any other obligor upon the NotesSecurities), the Trustee shall be subject to the provisions of the TIA Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claims).

Appears in 8 contracts

Samples: Indenture (MidWestOne Financial Group, Inc.), Indenture (Alerus Financial Corp), Indenture (MidWestOne Financial Group, Inc.)

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the NotesSecurities), the Trustee shall be subject to the provisions of the TIA Trust Indenture Act, if such act shall then be applicable to this Indenture, regarding the collection of claims against the Company or the Guarantor (or any such other obligor) or realizing on certain property received by it in respect of such claims).

Appears in 7 contracts

Samples: Senior Indenture (Markel Corp), Senior Indenture (ALTERRA CAPITAL HOLDINGS LTD), Senior Indenture (Alterra Finance LLC)

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes), the Trustee shall be subject to the provisions of the TIA Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claims).

Appears in 6 contracts

Samples: Indenture (Eastman Kodak Co), Indenture (Eastman Kodak Co), Indenture (Local Financial Corp /Nv)

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes), the Trustee shall be subject to the provisions of the TIA regarding the collection of the claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claims).

Appears in 5 contracts

Samples: Indenture (Freeport McMoran Copper & Gold Inc), Indenture (McMoran Exploration Co /De/), Indenture (McMoran Exploration Co /De/)

Preferential Collection of Claims Against the Company. If and when the Trustee Transfer shall be or become a creditor of the Company (or any other obligor upon under the NotesSecurities), the Trustee shall be subject to the provisions of the TIA regarding the collection of claims against the Company (or any other such other obligor) or realizing on certain property received by it in respect of such claims).

Appears in 3 contracts

Samples: Indenture (Sea Containers LTD /Ny/), Indenture (Sea Containers LTD /Ny/), Indenture (Sea Containers LTD /Ny/)

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or shall become a creditor of the Company (or of any other obligor upon the Notes), the Trustee shall be subject to the provisions of the TIA Trust Indenture Act regarding the collection of claims against the Company (or against any such other obligor) or realizing on certain property received by it in respect of such claims, as the case may be).

Appears in 3 contracts

Samples: Indenture (Keysight Technologies, Inc.), Indenture (Keysight Technologies, Inc.), Indenture (Keysight Technologies, Inc.)

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes) (to the extent this Indenture has been qualified by the TIA at such time), the Trustee shall be subject to the provisions of the TIA regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claims.

Appears in 2 contracts

Samples: Indenture (Phinia Inc.), Indenture (Phinia Inc.)

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Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes), the Trustee shall be subject to the provisions of the TIA regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claims. Section 714.

Appears in 2 contracts

Samples: Secured Notes Indenture (Cornerstone Building Brands, Inc.), Fifth Supplemental Indenture (Cornerstone Building Brands, Inc.)

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become becomes a creditor of the Company (or any other obligor upon under the Notes), ) the Trustee shall be subject to the provisions of the TIA Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claims).

Appears in 2 contracts

Samples: Indenture (Raghsa S.A.), Indenture (Raghsa S.A.)

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon on the NotesDebt Securities), the Trustee shall be subject to the provisions of Section 311 of the TIA regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claims).

Appears in 1 contract

Samples: Indenture (Coca-Cola Consolidated, Inc.)

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the NotesDebt Securities), the Trustee shall be subject to the provisions of the TIA Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claims).

Appears in 1 contract

Samples: Indenture (Gulf Island Services, L.L.C.)

Preferential Collection of Claims Against the Company. If and ----------------------------------------------------- when the Trustee shall be or become a creditor of the Company (or any Subsidiary Guarantor or other obligor upon the Notes), the Trustee shall be subject to the provisions of the TIA regarding the collection of claims against the Company (or any Subsidiary Guarantor or any such other obligor) or realizing on certain property received by it in respect of such claims).

Appears in 1 contract

Samples: Indenture (Avalon Rehabilitation & Healthcare LLC)

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the NotesDebt Securities), the Trustee shall be subject to the provisions of Section 311 of the TIA regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claims).

Appears in 1 contract

Samples: Indenture (Nucor Corp)

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes)Company, the Trustee shall be subject to the provisions of the TIA Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claimsCompany.

Appears in 1 contract

Samples: Indenture (Hollinger Inc)

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (or Select Medical Escrow or any Subsidiary Guarantor or other obligor upon the Notes), the Trustee shall be subject to the provisions of the TIA regarding the collection of claims against the Company (or Select Medical Escrow or any Subsidiary Guarantor or any such other obligor) or realizing on certain property received by it in respect of such claims).

Appears in 1 contract

Samples: Indenture (Atlantic Health Group Inc)

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