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 2004-4), Indenture (Accredited Mortgage Loan Trust 2005-1), Indenture (Accredited Mortgage Loan Trust 2003-2)

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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: Subsequent Pledge Agreement (Prudential Securities Secured Financing Corp), Indenture (Bear Stearns Asset Backed Securities Inc), 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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