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

Preferential Collection of Claims Against the Partnership. The Trustee shall comply with Section 311(a) of the TIA, excluding any creditor relationship listed in Section 311(b) of the TIA. A Trustee who has resigned or been removed shall be subject to Section 311(a) of the TIA to the extent indicated therein.

Appears in 4 contracts

Samples: Subordinated Indenture (MPLX Lp), Senior Indenture (MPLX Lp), Indenture (MPLX Lp)

AutoNDA by SimpleDocs

Preferential Collection of Claims Against the Partnership. The Trustee shall comply with is subject to TIA Section 311(a) of the TIA), excluding any creditor relationship listed in TIA Section 311(b) of the TIA). A Trustee who has resigned or been removed shall be subject to TIA Section 311(a) of the TIA to the extent indicated therein.

Appears in 1 contract

Samples: Indenture (America First Multifamily Investors, L.P.)

AutoNDA by SimpleDocs

Preferential Collection of Claims Against the Partnership. the Guarantor or a Subsidiary Guarantor. The Trustee is subject to and shall comply with the provisions of TIA Section 311(a) of the TIA), excluding any creditor relationship listed in TIA Section 311(b) of the TIA). A Trustee who has resigned or been removed shall be subject to TIA Section 311(a) of the TIA to the extent indicated therein.

Appears in 1 contract

Samples: Indenture (Heritage Propane Partners L P)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!