Common use of Preferential Collection of Claims Clause in Contracts

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

Appears in 72 contracts

Samples: Indenture (Teligent, Inc.), Indenture (Teligent, Inc.), Indenture (Protalix BioTherapeutics, Inc.)

AutoNDA by SimpleDocs

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

Appears in 44 contracts

Samples: Satisfaction and Discharge of Indenture (Healthcare Realty Holdings, L.P.), Satisfaction and Discharge of Indenture (Healthcare Realty Holdings, L.P.), Indenture (Healthcare Trust of America Holdings, LP)

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

Appears in 19 contracts

Samples: Indenture (Neogenomics Inc), Indenture (Neogenomics Inc), Indenture (Neogenomics Inc)

Preferential Collection of Claims. If and when the Trustee shall be or shall become a creditor creditor, directly or indirectly, secured or unsecured, of the Company (or any other obligor upon on the NotesSecurities), the Trustee shall be subject to the provisions of Section 311 of the Trust Indenture Act regarding the collection of the claims against the Company (or any such other obligor).. For purposes of Section 311(b) (4) and (6) of such Act, the following terms shall mean:

Appears in 17 contracts

Samples: Indenture (Axsome Therapeutics, Inc.), Indenture (Axsome Therapeutics, Inc.), Indenture (Honeywell International Inc)

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

Appears in 15 contracts

Samples: Indenture (Mentor Graphics Corp), Indenture (Mentor Graphics Corp), Wilson Greatbatch (Wilson Greatbatch Technologies Inc)

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

Appears in 10 contracts

Samples: Reconciliation And (Masco Corp /De/), Masco Corp /De/, Masco Corp /De/

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

Appears in 7 contracts

Samples: Indenture (Essex Portfolio Lp), Indenture (Essex Portfolio Lp), Indenture (Essex Portfolio Lp)

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

Appears in 7 contracts

Samples: Indenture (Essex Portfolio Lp), Indenture (Essex Portfolio Lp), Indenture (Essex Portfolio Lp)

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

Appears in 7 contracts

Samples: Indenture (Evergreen Energy Inc), Indenture (Komag Inc /De/), Indenture (Skyworks Solutions Inc)

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

Appears in 6 contracts

Samples: Third Supplemental Indenture (Suburban Propane Partners Lp), Second Supplemental Indenture (Suburban Propane Partners Lp), First Supplemental Indenture (Suburban Propane Partners Lp)

Preferential Collection of Claims. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the NotesSecurities under a supplemental indenture entered into in accordance herewith), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of the claims against the Company (or any such other obligor).

Appears in 6 contracts

Samples: Indenture (Transwitch Corp /De), Transwitch Corp /De, Triquint Semiconductor Inc

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

Appears in 5 contracts

Samples: Indenture (Suburban Propane Partners Lp), Indenture (Suburban Propane Partners Lp), Suburban Propane Partners Lp

Preferential Collection of Claims. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes), the Trustee shall be subject to the provisions of § 311(a) of the Trust Indenture Act Act, excluding any creditor relationship listed in § 311(b), regarding the collection of the claims against the Company (or any such other obligor). A Trustee who has resigned or been removed shall be subject to § 311(a) to the extent indicated therein.

Appears in 5 contracts

Samples: Warrant Agreement (Gevo, Inc.), Indenture (Gevo, Inc.), Registration Rights Agreement (Gevo, Inc.)

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

Appears in 5 contracts

Samples: Indenture (Healthcare Realty Holdings, L.P.), Healthcare Realty Holdings, L.P., Healthcare Realty Holdings, L.P.

Preferential Collection of Claims. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the NotesSecurities), the Trustee shall be subject to the provisions Section 311 of the Trust Indenture Act regarding the collection of the claims against the Company (or any such other obligorobligor upon the Securities) excluding any creditor relationship listed in Trust Indenture Act Section 311(b).

Appears in 5 contracts

Samples: Baxter (Baxter International Inc), Indenture (Baxter International Inc), Baxter (Baxter International Inc)

Preferential Collection of Claims. If To the extent that this Indenture has been qualified under the Trust Indenture Act, if and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of the claims against the Company (or any such other obligor).

Appears in 5 contracts

Samples: Indenture (ProSomnus, Inc.), Intercreditor Agreement (ProSomnus, Inc.), Intercreditor Agreement (ProSomnus, Inc.)

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

Appears in 5 contracts

Samples: Indenture (Masco Corp /De/), Indenture (Masco Corp /De/), R H Donnelley Corp

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

Appears in 4 contracts

Samples: Indenture (Lepercq Corporate Income Fund L P), Nvidia Corp/Ca, Nvidia Corp/Ca

Preferential Collection of Claims. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the NotesNotes under a supplemental indenture entered into in accordance herewith), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of the claims against the Company (or any such other obligor).

Appears in 4 contracts

Samples: Transwitch Corp /De, Transwitch Corp /De, Transwitch Corp /De

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

Appears in 3 contracts

Samples: Viropharma Inc, Riverstone Networks Inc, At Home Corp

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

Appears in 3 contracts

Samples: Tower Semiconductor LTD, Tower Semiconductor LTD, Tower Semiconductor LTD

Preferential Collection of Claims. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the NotesSecurities), the Trustee shall be subject to the provisions Section 311 of the Trust Indenture Act regarding the collection of the claims against the Company (or any such other obligorobligor upon the Securities).

Appears in 3 contracts

Samples: Indenture (Baxter International Inc), Reconciliation and Tie (Baxter International Inc), Eli Lilly Services (Lilly Eli & Co)

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

Appears in 3 contracts

Samples: Indenture (Unilever N V), Indenture (Unilever United States Inc), Indenture (Unilever PLC)

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

Appears in 2 contracts

Samples: Indenture (Digital Realty Trust, Inc.), Indenture (Digital Realty Trust, Inc.)

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

Appears in 2 contracts

Samples: Centennial Puerto Rico Operations Corp, Sunamerica Inc

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

Appears in 2 contracts

Samples: Indenture (Digital Realty Trust, L.P.), Macerich Co

Preferential Collection of Claims. If and when the Trustee shall be or shall become a creditor creditor, directly or indirectly, secured or unsecured, of the Company (or any other obligor upon on the NotesSecurities), the Trustee shall be subject to the provisions of Section 311 of the Trust Indenture Act regarding the collection of the claims against the Company (or any such other obligor).. For purposes of Section 311(b) (4) and (6) of such Act, the following terms shall have the following meanings:

Appears in 2 contracts

Samples: Indenture (Lexmark International Inc /Ky/), Lexmark International Inc /Ky/

AutoNDA by SimpleDocs

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

Appears in 2 contracts

Samples: Teco Energy Inc, Tampa Electric Co

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

Appears in 2 contracts

Samples: Lease (Getty Images Inc), Getty Images Inc

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

Appears in 2 contracts

Samples: Indenture (Cisco Systems, Inc.), Indenture (Cisco Systems, Inc.)

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

Appears in 2 contracts

Samples: Lloyds TSB Bank PLC, Royal Bank of Scotland Group PLC

Preferential Collection of Claims. If and when the Trustee shall be or become a creditor of the Company Issuer (or any other obligor upon the NotesDebt Securities), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of the claims against the Company Issuer (or any such other obligor).. Table of Contents ARTICLE 8 RESERVED

Appears in 1 contract

Samples: Indenture (Healthcare Trust of America Holdings, LP)

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

Appears in 1 contract

Samples: Lloyds TSB Bank PLC

Preferential Collection of Claims. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes), the Trustee shall be subject to the provisions of the Trust Indenture Act TIA regarding the collection of the claims against the Company (or any such other obligor)) or realizing on certain property received by it in respect of such claims.

Appears in 1 contract

Samples: Intercreditor Agreement (Lannett Co Inc)

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

Appears in 1 contract

Samples: Indenture (Xtra Missouri Inc)

Preferential Collection of Claims. If and when the Trustee shall be or become a creditor of the Guarantor or Company (or any other obligor upon the NotesSecurities), the Trustee shall be subject to the provisions Section 311 of the Trust Indenture Act regarding the collection of the claims against the Guarantor or Company (or any such other obligorobligor upon the Securities).. 57

Appears in 1 contract

Samples: Indenture (Baxter International Inc)

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

Appears in 1 contract

Samples: Semtech Corp

Preferential Collection of Claims. If and when the Trustee shall be or shall become a creditor creditor, directly or indirectly, secured or unsecured, of the Company (or any other obligor upon on the NotesSecurities), the Trustee shall be subject to the provisions of Section 311 of the Trust Indenture Act regarding the collection of the claims against the Company (or any such other obligor).. For purposes of Section 311(b) (4) and (6) of the Trust Indenture Act, the following terms shall have the following meanings:

Appears in 1 contract

Samples: Best Buy Co Inc

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

Appears in 1 contract

Samples: Indenture (Royal Bank of Scotland Group PLC)

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

Appears in 1 contract

Samples: Royal Bank of Scotland Group PLC

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

Appears in 1 contract

Samples: Household International Inc

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

Appears in 1 contract

Samples: Airgas Inc

Preferential Collection of Claims. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of the claims against the Company (or any such other obligor).. ARTICLE 9

Appears in 1 contract

Samples: Registration Rights Agreement (Walter Industries Inc /New/)

Preferential Collection of Claims. If and when the Trustee shall be or become a creditor of the Company Issuer (or any other obligor upon the Notes), the Trustee shall be subject to the provisions of the Trust Indenture Act regarding the collection of the claims against the Company Issuer (or any such other obligor). ARTICLE 8 THE NOTEHOLDERS Section 8.01.

Appears in 1 contract

Samples: Healthcare Trust of America Holdings, LP

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