Common use of Preferential Collection of Claims Clause in Contracts

Preferential Collection of Claims. Against the Company or the Guarantor. The Trustee is subject to and shall comply with the provisions of TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b). A Trustee who has resigned or been removed shall be subject to TIA Section 311(a) to the extent indicated therein.

Preferential Collection of Claims. Against the Company or Partnership and the Guarantor. The Trustee is subject to and shall comply with the provisions of TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b). A Trustee who has resigned or been removed shall be subject to TIA Section 311(a) to the extent indicated therein.

Preferential Collection of Claims. Against the Company Partnership, the Guarantor or the a Subsidiary Guarantor. The Trustee is subject to and shall comply with the provisions of TIA Section § 311(a), excluding any creditor relationship listed in TIA Section § 311(b). A Trustee who has resigned or has been removed shall be subject to TIA Section § 311(a) to the extent indicated therein.

Preferential Collection of Claims. Against the Company Partnership, the Guarantor or the a Subsidiary Guarantor. The Trustee is subject to and shall comply with the provisions of TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b). A Trustee who has resigned or been removed shall be subject to TIA Section 311(a) to the extent indicated therein.

Preferential Collection of Claims. Against the Company Issuer or the any Guarantor. The Trustee is subject to and shall comply with the provisions of TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b). A Trustee who has resigned or been removed shall be subject to TIA Section 311(a) to the extent indicated therein.