Common use of Preferential Collection of Claims Against Trust Clause in Contracts

Preferential Collection of Claims Against Trust. The Indenture Trustee (and any co-trustee or separate trustee) shall be subject to TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b), and an Indenture Trustee (and any co-trustee or separate trustee) who has resigned or been removed shall be subject to TIA Section 311(a) to the extent indicated.

Appears in 16 contracts

Samples: Indenture (Accredited Mortgage Loan Trust 2003-2), Indenture (Accredited Mortgage Loan Trust 2004-3), Indenture (Accredited Mortgage Loan Trust 2005-2)

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Preferential Collection of Claims Against Trust. The Indenture Trustee (and any co-trustee or separate trustee) shall be subject to TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b31l(b), and an Indenture Trustee (and any co-trustee or separate trustee) who has resigned or been removed shall be subject to TIA Section 311(a) to the extent indicated.

Appears in 13 contracts

Samples: Indenture (Prudential Securities Secured Financing Corp), Indenture (American Business Financial Services Inc /De/), Indenture (Prudential Securities Secured Financing Corp)

Preferential Collection of Claims Against Trust. The Indenture Trustee (and any co-trustee or separate trustee) shall be subject to comply with TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b), and an . An Indenture Trustee (and any co-trustee or separate trustee) who has resigned or been removed shall be subject to TIA Section 311(a) to the extent indicated.

Appears in 2 contracts

Samples: Indenture (Advanta Conduit Receivables Inc), Indenture (Advanta Revolving Home Equity Loan Trust 2000 A)

Preferential Collection of Claims Against Trust. The Indenture Trustee (and any co-trustee or separate trustee) shall be subject to comply with TIA Section ss. 311(a), excluding any creditor relationship listed in TIA Section ss. 311(b), and an . An Indenture Trustee (and any co-trustee or separate trustee) who has resigned or been removed shall be subject to TIA Section ss. 311(a) to the extent indicated.

Appears in 1 contract

Samples: Indenture (Morgan Stanley Abs Capital I Inc)

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Preferential Collection of Claims Against Trust. The Indenture Trustee (and any co-trustee or separate trustee) shall be is subject to TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b), and an Indenture . A Trustee (and any co-trustee or separate trustee) who has resigned or been removed shall be subject to TIA Section 311(a) to the extent indicatedindicated therein. ARTICLE 8.

Appears in 1 contract

Samples: Indenture (Experience Management LLC)

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