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

Preferential Collection of Claims Against the Issuer. The Trustee shall comply with Section 311(a) of the Trust Indenture Act, excluding any creditor relationship listed 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 indicated.

Appears in 53 contracts

Samples: Indenture (Hess Midstream LP), Indenture (Community Health Systems Inc), Indenture (Knife River Holding Co)

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Preferential Collection of Claims Against the Issuer. The Trustee, in its capacity as Trustee hereunder, shall comply with Section 311(a) of the Trust Indenture ActAct ss. 311(a), excluding any creditor relationship listed in Section 311(b) of the Trust Indenture ActAct ss. 311(b). A Trustee who has resigned or been removed shall be subject to Section 311(a) of the Trust Indenture Act ss. 311(a) to the extent indicated.

Appears in 2 contracts

Samples: Indenture (Ply Gem Holdings Inc), Indenture (Ply Gem Industries Inc)

Preferential Collection of Claims Against the Issuer. The the Note Trustee shall comply with Section 311(a) of the Trust Indenture Act, excluding any creditor relationship listed in Section 311(b) of the Trust Indenture Act. A Note Trustee who has resigned or been removed shall be subject to Section 311(a) of the Trust Indenture Act to the extent indicated.indicated therein. The provisions of Section 311 of the Trust Indenture Act shall apply to the Issuer as the obligor of the Notes;

Appears in 1 contract

Samples: Trust Deed (Permanent Funding (No. 2) LTD)

Preferential Collection of Claims Against the Issuer. The Trustee, in its capacity as Trustee hereunder, shall comply with Trust Indenture Act Section 311(a) of the Trust Indenture Act), excluding any creditor relationship listed in Trust Indenture Act Section 311(b) of the Trust Indenture Act). A Trustee who has resigned or been removed shall be subject to Trust Indenture Act Section 311(a) of the Trust Indenture Act to the extent indicated.. ARTICLE EIGHT DISCHARGE OF INDENTURE; DEFEASANCE

Appears in 1 contract

Samples: Indenture (Inverness Medical Innovations Inc)

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Preferential Collection of Claims Against the Issuer. The Trustee shall comply with is subject to Section 311(a) of the Trust Indenture Act, excluding except with respect to any creditor relationship listed in Section 311(b) of the Trust Indenture Act. A Trustee who has resigned or been removed shall be is subject to Section 311(a) of the Trust Indenture Act to the extent indicated.. ARTICLE SEVEN

Appears in 1 contract

Samples: Senior Indenture (Nortel Networks Corp)

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