Common use of Unsecured Creditor Clause in Contracts

Unsecured Creditor. To the extent that any person acquires a right to receive payments from the Bank under the Plan, such right shall be no greater than the right of an unsecured general creditor of the Bank.

Appears in 3 contracts

Samples: Employment Agreement (Federal Home Loan Bank of San Francisco), Employment Agreement (Federal Home Loan Bank of San Francisco), Employment Agreement (Federal Home Loan Bank of San Francisco)

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Unsecured Creditor. To the extent that any person acquires a right to receive payments from the Bank Company under the Plan, such right shall will be no greater than the right of an unsecured general creditor of the BankCompany.

Appears in 1 contract

Samples: Employment Agreement (Life Technologies Corp)

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