Common use of Preferential Collection of Claims Against Company Clause in Contracts

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 1002 contracts

Samples: Indenture (Madrigal Pharmaceuticals, Inc.), Indenture (Blue Ridge Paper Products LLC), Indenture (PVH Corp. /De/)

AutoNDA by SimpleDocs

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)) as provided in the Trust Indenture Act, 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 73 contracts

Samples: Indenture (Umb Financial Corp), Indenture (Umb Financial Corp), Note (Axos Financial, Inc.)

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 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 54 contracts

Samples: Supplemental Indenture (Maxeon Rooster HoldCo, Ltd.), Indenture (Bonanza Creek Energy, Inc.), Indenture (Bonanza Creek Energy Operating Company, LLC)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or shall become a creditor creditor, of the Company (or of 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 against any such other obligor, as the case may be).

Appears in 44 contracts

Samples: Nymox Pharmaceutical Corp, Barrett Business Services Inc, Senior Indenture (Commerce Union Bancshares, Inc.)

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 SecuritiesSecurities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture Act), 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).. For purposes of Section 311(b) of the Trust Indenture Act:

Appears in 34 contracts

Samples: Indenture (Valley National Bancorp), Indenture (Valley National Bancorp), Indenture (Imperial Petroleum Inc./Marshall Islands)

Preferential Collection of Claims Against Company. 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 the Securities), excluding any creditor relationship set forth in Section 311(b) of the Trust Indenture Act, if applicable, the Trustee shall be subject to the applicable provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).

Appears in 24 contracts

Samples: Assignment and Assumption Agreement (Cartesian Therapeutics, Inc.), Agreement and Plan of Merger (Selecta Biosciences Inc), Contingent Value Rights Agreement (Akorn Inc)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (Company, any Subsidiary 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 (Company, such Subsidiary Guarantor or any such other obligor).

Appears in 21 contracts

Samples: Indenture (Contango Venture Capital Corp), Indenture (Contango Venture Capital Corp), Indenture (Contaro Co)

Preferential Collection of Claims Against Company. 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 the Debt 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 16 contracts

Samples: Wejo Group LTD, Indenture (Indymac Capital Trust I), Indenture (Popular Inc)

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 Section 3.11 of the Trust Indenture Act regarding the collection of such claims against the Company (or any such other obligor). A Trustee that has resigned or been removed shall be subject to and comply with said Section 3.11 to the extent required thereby.

Appears in 16 contracts

Samples: Indenture (Midamerican Energy Co), Indenture (Midamerican Energy Co), Indenture (Midamerican Energy Co)

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 under 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 16 contracts

Samples: Indenture (Xto Energy Inc), Indenture (Xto Energy Inc), Indenture (Xto Energy Inc)

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).. For purposes of Section 311(b)(4) and (6) of the Trust Indenture Act:

Appears in 15 contracts

Samples: General Electric Co, Indenture (General Electric Co), Indenture (Reliant Energy Inc)

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 under 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).. A Trustee who has resigned or been removed shall be subject to Trust Indenture Act Section 311(a) to the extent indicated therein. ARTICLE SEVEN

Appears in 15 contracts

Samples: Indenture (Titan Wheel International Inc), Indenture (Bell Technology Group LTD), Indenture (Concentric Network Corp)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company or any 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 any Guarantor (or any such other obligor).

Appears in 14 contracts

Samples: Indenture (KKR & Co. Inc.), Indenture (KKR & Co. Inc.), Indenture (KKR & Co. Inc.)

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 under 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). A Trustee who has resigned or been removed shall be subject to the Trust Indenture Act Section 311(a) to the extent indicated therein.

Appears in 12 contracts

Samples: Indenture (Sinclair Broadcast Group Inc), Indenture (Sinclair Broadcast Group Inc), Indenture (Sinclair Broadcast Group Inc)

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)Notes, 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 12 contracts

Samples: Supplemental Indenture (Concho Resources Inc), Fourteenth Supplemental Indenture (Concho Resources Inc), Supplemental Indenture (Concho Resources Inc)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (Company, the 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 (Company, the Guarantor or any such other obligor).

Appears in 11 contracts

Samples: Highland Holdings S.a r.l., Indenture (Thermotrex Corp), Indenture (Thermo Instrument Systems Inc)

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 SecuritiesSecurities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture Act), the Trustee shall be subject to the any and all applicable provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).

Appears in 11 contracts

Samples: And (Abraxas Petroleum Corp), And (Abraxas Petroleum Corp), Indenture (United Natural Foods Inc)

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)Notes, the Trustee shall be subject to the provisions of the Trust Indenture Act (as if such Act applied) regarding the collection of the claims against the Company (or any such other obligor).

Appears in 10 contracts

Samples: Indenture (Agco Corp /De), Indenture (Nii Holdings Inc), Indenture (Nii Holdings Inc)

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 on 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). A Trustee who has resigned or been removed shall be subject to Trust Indenture Act Section 311(a) to the extent indicated therein.

Appears in 10 contracts

Samples: Trust Indenture       Indenture (Bally Total Fitness Holding Corp), Trust Indenture       Indenture (Bally Total Fitness Holding Corp), Trust Indenture                   Indenture (Bally Total Fitness Holding Corp)

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 9 contracts

Samples: Indenture (Apple Inc.), Indenture (Lindblad Expeditions Holdings, Inc.), Cisco Systems, Inc.

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 Section 311(a) of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor), excluding any creditor relationships described in Section 311(b) of the Trust Indenture Act. A Trustee who resigned or has been removed shall be subject to Section 311(a) of the Trust Indenture Act to the extent indicated therein.

Appears in 8 contracts

Samples: Indenture (Meritor, Inc. (Nev)), Meritor Electric Vehicles, LLC, Maremont Exhaust Products, Inc.

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). A Trustee that has resigned or been removed shall be subject to Section 311(a) of the Trust Indenture Act to the extent provided therein.

Appears in 8 contracts

Samples: Mho, LLC, Mho, LLC, Indenture (M/I Homes of West Palm Beach, LLC)

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 SecuritiesNotes), the Trustee shall be subject to the provisions of the Trust Indenture Act TIA regarding the collection of claims against the Company (or any such other obligor).

Appears in 8 contracts

Samples: Indenture (NextWave Wireless LLC), Security Agreement (NextWave Wireless LLC), Assignment and Security Agreement (NextWave Wireless LLC)

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).. ARTICLE SEVEN

Appears in 7 contracts

Samples: Indenture (DSC Communications Corp), Indenture (Cor Therapeutics Inc / De), Indenture (Great West Life & Annuity Insurance Capital I)

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 Section 311 of the Trust Indenture Act regarding the collection of such claims against the Company (or any such other obligor). A Trustee that has resigned or been removed shall be subject to and comply with said Section 311 to the extent required thereby.

Appears in 7 contracts

Samples: Chesapeake Corp /Va/, Indenture (Richfood Holdings Inc), Indenture (Collins & Aikman Corp)

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 SecuritiesJunior Subordinated Notes), 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).. For purposes of Section 311(b)(4) and (6) of the Trust Indenture Act:

Appears in 7 contracts

Samples: Subordinated Note Indenture (Georgia Power Co), Southern Power Co, Agl Capital Corp

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 of the Securities), the Trustee shall be subject to the provisions terms of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).

Appears in 7 contracts

Samples: Indenture (El Paso Natural Gas Co), Energy Partners LTD, Burlington Resources Finance Co

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 SecuritiesDebt Securities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture Act), the Trustee shall be subject to the any and all applicable provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).. For purposes of Section 311(b) of the Trust Indenture Act:

Appears in 7 contracts

Samples: Pebblebrook Hotel Trust, North Carolina Natural Gas Corp, Progress Energy Inc

Preferential Collection of Claims Against Company. 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 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 7 contracts

Samples: Contingent Payment Rights Agreement (Fusion Systems Corp), Agreement and Plan of Merger (Eaton Corp), Payment Rights Agreement (Fusion Systems Corp)

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 Debt 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 6 contracts

Samples: Indenture (Colony Financial, Inc.), Indenture (McCormick & Co Inc), Indenture (McCormick & Co Inc)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (Company, the 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 (Company, the Guarantor or any other such other obligor).

Appears in 6 contracts

Samples: Blount International Inc, Indenture (Bp PLC), Indenture (Bp PLC)

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 Securitiessecurities of any Series), the Trustee shall be subject to the provisions of the Trust Indenture Act TIA regarding the collection of claims against the Company (or any such other obligor).

Appears in 6 contracts

Samples: Indenture (Arauco & Constitution Pulp Inc), Indenture (Arauco & Constitution Pulp Inc), Indenture (Arauco & Constitution Pulp Inc)

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).. A trustee who has resigned or been removed shall be subject to the Trust Indenture Act Section 311(a) to the extent provided therein. ARTICLE SEVEN

Appears in 5 contracts

Samples: Indenture (360networks Inc), Arch Capital Group LTD, Xl Capital LTD

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 TIA regarding the collection of claims against the Company (or any such other obligor).

Appears in 5 contracts

Samples: Junior Subordinated Indenture (Delphi Financial Group Inc/De), Junior Subordinated Indenture (Delphi Financial Group Inc/De), Unumprovident Financing Trust Iii

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 5 contracts

Samples: Indenture (United Parcel Service of America Inc), National Commerce Financial Corp, Central Fidelity Capital Trust I

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 under 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).. A Trustee who has resigned or been removed shall be subject to the Trust Indenture Act Section 311(a) to the extent indicated therein. ARTICLE SEVEN

Appears in 5 contracts

Samples: Lease Agreement (Sinclair Broadcast Group Inc), Indenture (Sinclair Broadcast Group Inc), WCHS Licensee LLC

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 SecuritiesSecurities or the Coupons, if any), 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 5 contracts

Samples: First Supplemental Indenture (Washington Mutual Inc), Washington Mutual Inc, Washington Mutual Inc

Preferential Collection of Claims Against Company. If and when the Trustee shall be or shall 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 5 contracts

Samples: Stock and VSR Purchase Agreement (Mafco Consolidated Group Inc), Stock and VSR Purchase Agreement (Mafco Consolidated Group Inc), Rights Agreement (Mafco Consolidated Group Inc)

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 SecuritiesNotes (other than by reason of a relationship described in Section 311(b) of the Trustee Indenture Act), the Trustee shall be subject to the any and all applicable provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).. For purposes of Section 311(b) of the Trust Indenture Act:

Appears in 5 contracts

Samples: Indenture (PNM Resources Inc), Texas New Mexico Power Co, Indenture (Public Service Co of New Mexico)

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 under the SecuritiesSecurities of any series), 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).. A Trustee who has resigned or been removed shall be subject to the Trust Indenture Act Section 311(a) to the extent indicated therein. ARTICLE SEVEN

Appears in 5 contracts

Samples: Subordinated Indenture (Wsyt Licensee L P), Indenture (WSTR Inc), Indenture (Sinclair Broadcast Group Inc)

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 Subordinated 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 5 contracts

Samples: Achieve Life Sciences, Inc., Oncogenex Pharmaceuticals, Inc., Oncogenex Pharmaceuticals, Inc.

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

Appears in 5 contracts

Samples: Indenture (Ual Corp /De/), Indenture (Ual Corp /De/), Mesa Air New York, Inc.

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)Company, 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 4 contracts

Samples: Enron Capital Trust I, Enron Capital Trust I, Enron Preferred Funding Ii L P

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (Company, the Subsidiary Guarantors 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 (Company, the Subsidiary Guarantors or any such other obligor).

Appears in 4 contracts

Samples: Indenture (Universal Brixius Inc), Poindexter J B & Co Inc, Poindexter J B & Co Inc

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 Section 311 of the Trust Indenture Act regarding the collection of such claims against the Company (or any such other obligor). A Trustee that has resigned or been removed shall be subject to and comply with said Section 311 to the extent required thereby. SECTION 8.14.

Appears in 4 contracts

Samples: Indenture (First Chicago NBD Corp), Indenture (First Chicago NBD Corp), Indenture (First Chicago NBD Corp)

Preferential Collection of Claims Against Company. 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 Securities)Notes, the Trustee shall be subject to and comply with the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).

Appears in 4 contracts

Samples: Signature Resorts Inc, Signature Resorts Inc, Signature Resorts Inc

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (Company, or any other obligor upon the Securities)Guarantor, 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 4 contracts

Samples: Enron Capital Trust I, Enron Capital Trust Ii, Enron Capital Trust Ii

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 under 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).. ARTICLE SEVEN

Appears in 4 contracts

Samples: CSC Parent Corp, CSC Holdings Inc, Atmos Energy Corp

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 Section 311 of the Trust Indenture Act regarding the collection of any claims as a creditor against the Company (or any such other obligor). A Trustee that has resigned or been removed shall be subject to and comply with said Section 311 to the extent required thereby.

Appears in 4 contracts

Samples: Indenture (Waste Connections Inc/De), Indenture (Waste Connections Inc/De), Banc One Corp /Oh/

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company or any 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 4 contracts

Samples: Medtronic Inc, Indenture (Medtronic PLC), Indenture (Medtronic Inc)

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 Indenture Obligor under the Guaranties and 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). A Trustee who has resigned or been removed shall be subject to Section 311(a) of the Trust Indenture Act to the extent indicated therein.

Appears in 4 contracts

Samples: Security Agreement (Pioneer Companies Inc), Security Agreement (Pioneer Companies Inc), Security Agreement (Pioneer Companies Inc)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or shall become a creditor creditor, directly or indirectly, secured or unsecured, of the Company Parent (or any other obligor upon the Securities), excluding any creditor relationship set forth in Section 311(b) of the Trust Indenture Act, if applicable, the Trustee shall be subject to the applicable provisions of the Trust Indenture Act regarding the collection of claims against the Company Parent (or any such other obligor).

Appears in 4 contracts

Samples: Contingent Value Rights Agreement (Cubist Pharmaceuticals Inc), Contingent Value Rights Agreement (Cubist Pharmaceuticals Inc), Agreement and Plan of Merger (Cubist Pharmaceuticals Inc)

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 any applicable provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).

Appears in 4 contracts

Samples: Indenture (Allegheny Energy Supply Co LLC), Allegheny Energy Supply Co LLC, Allegheny Energy Supply Co LLC

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).. For purposes of Section 311(b) (4) and (6) of the Trust Indenture Act, the following terms shall mean:

Appears in 4 contracts

Samples: Indenture (Psi Energy Inc), Indenture (Cinergy Corp), Cinergy Corp

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

Appears in 4 contracts

Samples: Senior Indenture (Allied Waste Industries Inc), Allied Waste Industries Inc, Allied Waste Industries Inc

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company or the 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 the Guarantor (or any such other obligor).

Appears in 4 contracts

Samples: Indenture (Nomura America Finance, LLC), Goldman Sachs Capital V, FPC Capital Ii

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 SecuritiesSecurities of a Series), 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 3 contracts

Samples: Indenture (Hanson PLC), Indenture (Hanson PLC), Indenture (Hanson PLC)

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 3 contracts

Samples: Teck Resources (Teck Metals Ltd.), Indenture (Teck Cominco LTD), Indenture (Pitney Bowes Inc /De/)

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 SecuritiesSenior Notes), 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 3 contracts

Samples: Indenture (Resource America Inc), Indenture (Resource America Inc), Indenture (Resource America Inc)

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 3 contracts

Samples: Indenture (United Parcel Service of America Inc), Commonwealth Bankshares Inc, Commonwealth Bankshares Inc

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 such claims against the Company (or any such other obligor).

Appears in 3 contracts

Samples: Indenture (Hilb Rogal & Hamilton Co /Va/), Purchase Agreement (World Airways Inc /De/), Indenture (Speedway Motorsports Inc)

AutoNDA by SimpleDocs

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). Section 614.

Appears in 3 contracts

Samples: El Paso Natural Gas Co, El Paso Natural Gas Co, El Paso Natural Gas Co

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

Appears in 3 contracts

Samples: Ual Corp /De/, Ual Corp /De/, Ual Corp /De/

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the issuing Company or the Guarantor (as applicable) (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 such Company (or any such other obligor).

Appears in 3 contracts

Samples: Berkshire Hathaway Finance Corp, Berkshire Hathaway Finance Corp, Berkshire Hathaway Inc

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 on 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). A Trustee who has resigned or been removed shall be subject to Trust Indenture Act Section 311(a) to the extent indicated therein.

Appears in 3 contracts

Samples: Bally Franchise RSC Inc, Bally Total Fitness Holding Corp, Bally Franchise RSC Inc

Preferential Collection of Claims Against Company. If and when the Trustee shall be or shall become a creditor creditor, directly or indirectly, secured or unsecured, of the Company or the Guarantors (or any other obligor upon the SecuritiesNotes), excluding any creditor relationship set forth in Section 311(b) of the Trust Indenture Act, if applicable, the Trustee shall be subject to the applicable provisions of the Trust Indenture Act regarding the collection of claims against the Company or the Guarantors (or any such other obligor).

Appears in 3 contracts

Samples: Indenture (Iterum Therapeutics PLC), Iterum Therapeutics PLC, usermanual.wiki

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (Company, any Subsidiary 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 (Company, any Subsidiary Guarantor or any such other obligor).

Appears in 3 contracts

Samples: Key3media Events Inc, Key3media Group Inc, Key3media Events Inc

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). SECTION 614.

Appears in 3 contracts

Samples: El Paso Tennessee Pipeline Co, Tennessee Gas Pipeline Co, Tennessee Gas Pipeline Co

Preferential Collection of Claims Against Company. If and when the Indenture Trustee shall be or become a creditor of the Company (or any other obligor upon the SecuritiesDebentures), the Indenture 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 3 contracts

Samples: Indenture (Golden Star Resources LTD), Indenture (Golden Star Resources LTD), Golden Star Resources LTD

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 obligorobligor upon the Securities).

Appears in 3 contracts

Samples: Senior Note Indenture (Anthem Inc), Indenture (Anthem Inc), Anthem Inc

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or the 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 any such other obligor).

Appears in 3 contracts

Samples: Xtra Finance Corp, Berkshire Hathaway Inc, Berkshire Hathaway Inc

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 TIA regarding the collection of claims against the Company (or any such other obligor).

Appears in 3 contracts

Samples: Reconciliation And (Mindspring Enterprises Inc), Geotek Communications Inc, Mindspring Enterprises Inc

Preferential Collection of Claims Against Company. If and when the Trustee shall be or shall become a creditor creditor, directly or indirectly, secured or unsecured, of the Company or any Guarantor (or any other obligor upon the SecuritiesNotes), excluding any creditor relationship set forth in Section 311(b) of the Trust Indenture Act, if applicable, the Trustee shall be subject to the applicable provisions of the Trust Indenture Act regarding the collection of claims against the Company or such Guarantor (or any such other obligor).

Appears in 3 contracts

Samples: Indenture (Iterum Therapeutics PLC), Indenture (Iterum Therapeutics PLC), d1io3yog0oux5.cloudfront.net

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 Sections 311(a) and 311(b) of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).

Appears in 3 contracts

Samples: Contifinancial Corp, Carlisle Companies Inc, Carlisle Companies Inc

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company or the 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 the Guarantor (or any such other obligor)) and, if applicable, to mandatory provisions of the laws of foreign jurisdictions regarding the collection of such claims.

Appears in 3 contracts

Samples: Allianz Finance III B.V., Allianz Finance III B.V., Allianz Finance III B.V.

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). SECTION 6.14.

Appears in 3 contracts

Samples: Toro Co, Republic New York Capital Iv, Toro Co

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 SecuritiesDebt Securities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture Act), the Trustee shall be subject to the any and all applicable provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).

Appears in 3 contracts

Samples: Indenture (Devon Energy Corp/De), Devon Financing Trust Ii, Devon Financing Trust Ii

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

Appears in 3 contracts

Samples: Allied Waste Industries Inc, Allied Waste Industries Inc, Owens & Minor Inc/Va/

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 under the SecuritiesSenior Notes), 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).. ARTICLE SEVEN HOLDERS’ LISTS AND REPORTS BY TRUSTEE AND COMPANY

Appears in 3 contracts

Samples: Indenture (Sea Containers LTD /Ny/), Indenture (Sea Containers LTD /Ny/), Indenture (Sea Containers LTD /Ny/)

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 and shall take all actions necessary to comply with 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 (Molina Healthcare Inc), Indenture (Molina Healthcare Inc)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (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 (Company, or any such other obligor).

Appears in 2 contracts

Samples: Quanta Services Inc, Quanta Services Inc

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 Section 3.11 of the Trust Indenture Act Act, but only to the extent therein specified, regarding the collection of claims against the Company (or any such other obligor).. For purposes of Section 3.11(b)(4) and (6) of such Act, the following terms shall mean:

Appears in 2 contracts

Samples: Indenture (Petrobras International Finance Co), Petrobras International Finance Co

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

Appears in 2 contracts

Samples: Kingsway Financial Services Inc, Kingsway Financial Services Inc

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

Appears in 2 contracts

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

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 Inden- ture Act regarding the collection of claims against the Company (or any such other obligor).

Appears in 2 contracts

Samples: Western Resources (Western Resources Capital Ii), Western Resources Inc /Ks

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 (whether or not litigated) against the Company (or any such other obligor).

Appears in 2 contracts

Samples: Overseas Shipholding Group Inc, Overseas Shipholding Group Inc

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

Appears in 2 contracts

Samples: Senior Indenture (Allied Waste Industries Inc), Allied Waste Industries Inc

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

Appears in 2 contracts

Samples: Indenture (Burlington Resources Inc), Indenture (Burlington Resources Finance Co)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company Company, the 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 the Guarantor (or any such other obligor).

Appears in 2 contracts

Samples: Heinz Hj Finance Co, Heinz H J Co

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 under the Debt 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 2 contracts

Samples: Indenture (Multicanal Sa), Second Supplemental Indenture (Multicanal Sa)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company or any 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 and such Guarantor (or any such other obligor).

Appears in 2 contracts

Samples: Abx Air Inc, Pep Boys Manny Moe & Jack

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 of 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 other such other obligor).

Appears in 2 contracts

Samples: HCC Capital Trust Ii, Onb Capital Trust Iv

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 SecuritiesSecurities of any series), 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)Company.

Appears in 2 contracts

Samples: Indenture (J P Morgan Chase & Co), Home Loan Servicing Solutions, Ltd.

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 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).. For purposes of Section 311(b)(4) and (6) of the Trust Indenture Act:

Appears in 2 contracts

Samples: Supplemental Indenture (Office Properties Income Trust), Indenture (Diversified Healthcare Trust)

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).. 57 57

Appears in 2 contracts

Samples: Chemed Corp, Chemed Capital Trust

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 under the SecuritiesSenior Notes), 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).. ARTICLE SEVEN

Appears in 2 contracts

Samples: Indenture (Sea Containers LTD /Ny/), Indenture (Sea Containers LTD /Ny/)

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 SecuritiesBonds), the Trustee shall be subject to the any and all applicable provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor).

Appears in 2 contracts

Samples: Vistra Corp., Vistra Corp.

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 SecuritiesNotes or any Senior Subordinated Guarantee), 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 (Hollywood Theaters Inc), R H Donnelley Corp

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 SecuritiesDebentures), 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).. For purposes of Section 311(b) (4) and (6) of the Trust Indenture Act, the following terms shall mean:

Appears in 2 contracts

Samples: Indenture (Cinergy Corp), Indenture (Cinergy Corp)

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 SecuritiesSecurities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture Act)), 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)) to the extent applicable.

Appears in 2 contracts

Samples: Security Agreement and Fixture Filing (Aquila Inc), Aquila Inc

Time is Money Join Law Insider Premium to draft better contracts faster.