Common use of Preferential Collection of Claims Clause in Contracts

Preferential Collection of Claims. The Pass Through Trustee shall comply with Section 311(a) of the Trust Indenture Act, excluding any creditor relationship listed in Section 311(b) of the Trust Indenture Act. If the Pass Through Trustee shall resign or be removed as Pass Through Trustee, it shall be subject to Section 311(a) of the Trust Indenture Act to the extent provided therein.

Appears in 3 contracts

Samples: Trust Agreement (Mirant Mid Atlantic LLC), Trust Agreement (Royal Ahold), Trust Agreement (Royal Ahold)

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Preferential Collection of Claims. The Pass Pass-Through Trustee shall comply with Section 311(a) of the Trust Indenture Act, excluding any creditor relationship listed in Section 311(b) of the Trust Indenture Act. If the Pass Pass-Through Trustee shall resign or be removed as Pass Pass-Through Trustee, it shall be subject to Section 311(a) of the Trust Indenture Act to the extent provided therein.

Appears in 2 contracts

Samples: Trust Agreement (Edison Mission Energy), Trust Agreement (Edison Mission Energy)

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Preferential Collection of Claims. The Pass Through Trustee shall comply with Section Sections 311(a) and (b) of the Trust Indenture Act, excluding any creditor relationship listed in arising under Section 311(b) of the Trust Indenture Act. If the A Pass Through Trustee shall resign who has resigned or be been removed as Pass Through Trustee, it shall be subject to Section 311(a) of the Trust Indenture Act to the extent provided therein.indicated. CERTIFICATEHOLDERS' LISTS AND REPORTS BY PASS THROUGH TRUSTEE

Appears in 1 contract

Samples: Union Tank Car Co

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