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 (Carolina Bank Holdings Inc), Indenture (Southern Community Capital Trust I), Indenture (Southern Community Financial Corp)
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: Indenture (Metropolitan Financial Corp /Oh/), Indenture (Crescent Capital Trust I), Indenture (Apab Capital Trust I)
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: Indenture (Metropolitan Financial Corp /Oh/), Indenture (Metropolitan Capital Trust I)
