Preferential Collection of Claims Against the Issuers. The Trustee shall comply with TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b). A Trustee who has resigned or been removed shall be subject to TIA Section 311(a) to the extent indicated therein. The provisions of TIA Section 311 shall apply to the Issuers and each of the Subsidiary Guarantors as obligor on the Securities.
Appears in 2 contracts
Samples: Appreciation Note Indenture (Central Michigan Distribution Co Lp), Indenture (Central Michigan Distribution Co Lp)
Preferential Collection of Claims Against the Issuers. The Trustee, in its capacity as Trustee hereunder, shall comply with TIA Section (S) 311(a), excluding any creditor relationship listed in TIA Section (S) 311(b). A Trustee who has resigned or been removed shall be subject to TIA Section (S) 311(a) to the extent indicated therein. The provisions of TIA Section 311 shall apply to the Issuers and each of the Subsidiary Guarantors as obligor on the Securitiesindicated.
Appears in 1 contract
Samples: Indenture (RPP Capital Corp)
Preferential Collection of Claims Against the Issuers. The Trustee shall comply with TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b). A Trustee who has resigned or been removed shall be subject to TIA Section 311(a) to the extent indicated therein. The provisions of TIA Section 311 shall apply to the Issuers and each of the Subsidiary Guarantors as obligor obligors on the Securities.
ARTICLE 8 DISCHARGE OF INDENTURE SECTION
Appears in 1 contract
Samples: Indenture (Resort Investment LLC)