Common use of Preferential Collection of Claims Against Clause in Contracts

Preferential Collection of Claims Against. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Securities), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).

Appears in 46 contracts

Samples: Indenture (Avon Products Inc), Indenture (Endeavour Silver Corp), Indenture (Endeavour Silver Corp)

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Preferential Collection of Claims Against. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the SecuritiesNotes), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).

Appears in 2 contracts

Samples: Indenture (FP Technology, Inc.), Indenture (AFG Enterprises USA, Inc.)

Preferential Collection of Claims Against. the Company or a Guarantor. ---------------------------------- If and when the Trustee shall be or become a creditor of the Company or a Guarantor (or any other obligor upon the Securities), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company or such Guarantor (or any such other obligor).

Appears in 1 contract

Samples: Indenture (United Rentals Inc /De)

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Preferential Collection of Claims Against. Company. ------- If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Securities), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).

Appears in 1 contract

Samples: Indenture (Alco Standard Corp)

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