PREFERENTIAL COLLECTION OF CLAIMS AGAINST THE CORPORATION. The Trustee shall comply with Section 311(a) of the Trust Indenture Act excluding any creditor relationship described in Section 311(b) of the Trust Indenture Act. A Trustee who has resigned or been removed shall be subject to Section 311(a) of the Trust Indenture Act to the extent included therein.
Appears in 5 contracts
Samples: Indenture (American Community Bancshares Inc), Southern Community Capital Trust I, Carolina Bank Holdings Inc
PREFERENTIAL COLLECTION OF CLAIMS AGAINST THE CORPORATION. The Trustee shall comply with Section 311(a) of the Trust Indenture Act Act, excluding any creditor relationship described in Section 311(b) of the Trust Indenture Act. A Trustee who has resigned or been removed shall be subject to Section 311(a) of the Trust Indenture Act to the extent included therein.
Appears in 4 contracts
Samples: Metropolitan Capital Trust Ii, Apab Capital Trust I, Metropolitan Financial Corp /Oh/
PREFERENTIAL COLLECTION OF CLAIMS AGAINST THE CORPORATION. The Trustee shall comply with Section 311(a31l(a) of the Trust Indenture Act Act, excluding any creditor relationship described in Section 311(b) of the Trust Indenture Act. A Trustee who has resigned or been removed shall be subject to Section 311(a) of the Trust Indenture Act to the extent included therein.
Appears in 2 contracts
Samples: Metropolitan Capital Trust I, Metropolitan Financial Corp /Oh/
