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

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

Appears in 76 contracts

Samples: Entergy Mississippi Inc, Security and Pledge Agreement (Flag Telecom Holdings LTD), Texas Utilities (Texas Utilities Co /Tx/)

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 (other than by reason of a relationship described in Section 311(b) of the Trust Indenture Act)Securities, the Trustee shall be subject to any and all applicable 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 52 contracts

Samples: PHX Minerals Inc., PHX Minerals Inc., Indenture (Intercontinental Exchange, 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 (other than by reason of a relationship described in Section 311(b) of the Trust Indenture ActDebentures), the Trustee shall be subject to any and all applicable 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 41 contracts

Samples: Indenture (Berkshire Hathaway Energy Co), Indenture (Midamerican Energy Holdings Co /New/), Indenture (Liberty Group Publishing 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 (other than by reason of a relationship described in Section 311(b) of the Trust Indenture ActSecurities), the Trustee shall be subject to any and all applicable 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 26 contracts

Samples: Indenture (Cablevision Systems Corp /Ny), Indenture (Telefonica of Argentina Inc), Indenture (Comstock Oil & Gas GP, LLC)

Preferential Collection of Claims Against Company. If and when the Trustee shall be is or become becomes a creditor of the Company (or any other obligor upon the Securities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture ActSecurities), the Trustee shall will be subject to any and all applicable 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 19 contracts

Samples: TrueBlue, Inc., Macy’ (Macy's Retail Holdings Inc), Indenture (Federated Retail 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 the Securities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture ActSecurities), the Trustee shall be subject to any and all applicable the provisions of Section 311 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 311(b311(b)(4) and (6) of such Act, the Trust Indenture Actfollowing terms shall mean:

Appears in 16 contracts

Samples: Indenture (PetroQuest Energy, L.L.C.), Indenture (Tyler & Sanders Roads, Birmingham-Alabama, LLC), Indenture (Global Signal 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 (other than by reason of a relationship described in Section 311(b) of the Trust Indenture ActSecurities), the Trustee shall be subject to any and all applicable 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 A Trustee who has resigned or been removed shall be subject to Trust Indenture Act:Act Section 311(a) to the extent indicated therein.

Appears in 15 contracts

Samples: Collateral Agreement (Blyth Inc), First Supplemental Indenture (Blyth Inc), Indenture (Park Place Entertainment Corp)

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

Appears in 9 contracts

Samples: Indenture (FPL Group Inc), Indenture (Txu Europe Funding I L P), Indenture (Txu Eastern Holdongs 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 under the Securities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture ActNotes), the Trustee shall be subject to any and all applicable 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 9 contracts

Samples: Indenture (Comstock Oil & Gas, LP), Indenture (Comstock Oil & Gas, LP), Registration Rights Agreement (Comstock Oil & Gas, LP)

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

Appears in 8 contracts

Samples: Indenture of Mortgage (PG&E Corp), Indenture of Mortgage (PG&E Corp), Indenture of Mortgage (PG&E 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 under the Securities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture ActNotes), the Trustee shall be subject to any and all applicable the provisions of the Trust Indenture Act regarding the collection of claims against the Company or any Subsidiary Guarantor (or any such other obligor). For purposes of Section 311(b) of the A Trustee who has resigned or been removed shall be subject to Trust Indenture Act:Act Section 311(a) to the extent indicated therein.

Appears in 6 contracts

Samples: Indenture (MGM Mirage), Indenture (MGM Mirage), Indenture (MGM Mirage)

Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company or any Security Guarantor (or any other obligor upon the Securities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture ActSecurities), the Trustee shall be subject to any and all applicable the provisions of the Trust Indenture Act regarding the collection of claims against the Company or any such Security Guarantor (or any such other obligor. For purposes of Section 311(b) of the Trust Indenture Act:).

Appears in 6 contracts

Samples: Indenture (Maverick Tube Corporation), Indenture (Maverick Tube Corporation), Indenture (Beckman Coulter 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 (other than by reason of a relationship described in Section 311(b) of the Trust Indenture ActSecurities), the Trustee shall be subject to the provisions of Section 311 and any and all applicable provisions other provision 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 (New Nisource Inc), Nisource Inc, Ucu 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 Guarantor or other obligor upon the Securities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture ActDebt Securities), the Trustee shall be subject to any and all applicable the provisions of Section 311 of the Trust Indenture Act regarding the collection of such claims against the Company (or any such Guarantor or other obligor). For purposes of A Trustee that has resigned or been removed shall be subject to and comply with said Section 311(b) of 311 to the Trust Indenture Act:extent required thereby.

Appears in 5 contracts

Samples: Indenture (Pinnacle Entertainment Inc), Indenture (Pinnacle Entertainment Inc), Indenture (MGM Grand Inc)

Preferential Collection of Claims Against Company. If the Trustee shall be or become a creditor of the Company or any other obligor upon the Securities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture Act), the Trustee shall be subject to any and all applicable provisions of the Trust Indenture Act regarding the collection of claims against the Company or such other obligor. For purposes of Section 311(b3.11(b) of the Trust Indenture Act:

Appears in 5 contracts

Samples: First Mortgage Indenture (South Jersey Industries Inc), SOUTH JERSEY GAS Co, First Mortgage Indenture (Allegheny 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 on the Securities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture ActSecurities), the Trustee shall be subject to any and all applicable 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 5 contracts

Samples: Indenture (Innovative Valve Technologies Inc), American Residential Services Inc, Pentegra Dental Group Inc

Preferential Collection of Claims Against Company. If the Trustee shall be or shall become a creditor creditor, directly or indirectly, secured or unsecured, of the Company or of any other obligor upon on the Securities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture Act)Securities, the Trustee shall be subject to any and all applicable 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 obligor on the Trust Indenture Act:Securities.

Appears in 4 contracts

Samples: Indenture (Roper Industries Inc /De/), Georgia Pacific Corp, Georgia Pacific 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 (other than by reason of a relationship described in Section 311(bNotes) of and the Trust Indenture Act)Act is applicable hereto, the Trustee shall be subject to any and all applicable the provisions of the Trust Indenture Act Section 311(a) or, if applicable, Trust Indenture Act Section 311(b) regarding the collection of the claims against the Company (or any such other obligor. For purposes of Section 311(b) of the Trust Indenture Act:).

Appears in 4 contracts

Samples: Indenture (Onyx Acceptance Corp), Indenture (Onyx Acceptance Corp), Onyx Acceptance 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 (other than by reason of a relationship described in Section 311(b) of the Trust Indenture ActSecurities), the Trustee shall be subject to any and all applicable the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor). For purposes of A Trustee who has resigned or been removed shall be subject to Section 311(b311(a) of the Trust Indenture Act:Act to the extent provided therein.

Appears in 4 contracts

Samples: O&M Halyard, Inc., O&M Halyard, Inc., Owens & Minor Inc/Va/

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

Appears in 3 contracts

Samples: Carolina Power & Light Co, Southern Indiana Gas & Electric Co, Carolina Power & Light Co

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

Appears in 2 contracts

Samples: Florida Power & Light Co, FPL Group Trust II

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

Appears in 2 contracts

Samples: Indenture (Nice Systems LTD), Nice Systems LTD

Preferential Collection of Claims Against Company. If and when the Trustee shall be is or become becomes a creditor creditor, directly or indirectly, secured or unsecured, of the Company (or any other obligor upon the Securities (other than by reason of a relationship described in Section 311(bSecurities) within the meaning of the Trust Indenture Act), the Trustee shall be subject to any and all applicable will comply with the relevant 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 2 contracts

Samples: Indenture (MFN Financial Corp), MFN Financial 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 (other than by reason of a relationship described in Section 311(b) of the Trust Indenture Actor any Coupons), the Trustee shall be subject to any and all applicable 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 2 contracts

Samples: Dole Food Co Inc, Southwest Gas Corp

Preferential Collection of Claims Against Company. If the Trustee shall be or become a creditor of the Company or any other obligor upon the Securities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture Act), the Trustee shall be subject to any and all applicable provisions of the Trust Indenture Act regarding the collection of claims against the Company or such other obligor. For purposes of Section 311(b311 (b) of the Trust Indenture Act:

Appears in 2 contracts

Samples: Security and Pledge Agreement (Flag Telecom Holdings LTD), Security and Pledge Agreement (Flag Telecom Holdings LTD)

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

Appears in 2 contracts

Samples: Indenture (Dqe Capital Corp), Dqe 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 under the Securities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture ActSecurities), the Trustee shall be subject to any and all applicable the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor). For purposes of A Trustee who has resigned or been removed shall be subject to Trust Indenture Act Section 311(a) to the extent indicated therein, as qualified by Trust Indenture Act Section 311(b) of the Trust Indenture Act:).

Appears in 2 contracts

Samples: Indenture (Geo MCF Lp, LLC), Geo MCF Lp, 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 (other than by reason of a relationship described in Section 311(b) of the Trust Indenture ActSecurities), the Trustee shall be subject to any and all applicable 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(b311(b)(4) and (6) of the Trust Indenture Act:.

Appears in 2 contracts

Samples: Southern Investments Uk Capital Trust I, PPL Electric Utilities Corp

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 under the Securities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture ActSecurities), the Trustee shall be subject to any and all applicable the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor). For purposes of A Trustee who has resigned or been removed shall be subject to Trust Indenture Act Section 311(a) to the extent indicated therein, as qualified by Trust Indenture Act Section 311(b) of the Trust Indenture Act:). ARTICLE SEVEN

Appears in 2 contracts

Samples: Indenture (Republic Services Inc), Indenture (Pioneer Hi Bred International Inc)

Preferential Collection of Claims Against Company. If the Trustee shall be or become a creditor of the Company or any other obligor upon the Securities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture Act), the Trustee shall be subject to any and all applicable the provisions of the Trust Indenture Act regarding the collection of claims against the Company or such other obligorobligor whether or not this Indenture is qualified under the Trust Indenture Act. For purposes of Section 311(b) of the Trust Indenture Act:

Appears in 1 contract

Samples: Txu Australia Holdings Partnership L P

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 (other than by reason of a relationship described in Section 311(b) of the Trust Indenture ActSecurities), the Trustee shall be subject to any and all applicable the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor). For purposes of A Trustee who has resigned or been removed shall be subject to Section 311(b311(a) of the Trust Indenture Act:Act to the extent indicated therein.

Appears in 1 contract

Samples: Indenture (Bell Atlantic Corp)

Preferential Collection of Claims Against Company. 50 - If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Securities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture ActSecurities), the Trustee shall be subject to any and all applicable 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 1 contract

Samples: Assuranceamerica Corp

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

Appears in 1 contract

Samples: Indenture (Ies Utilities 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 (other than by reason of a relationship described in Section 311(b) of the Trust Indenture ActSecurities), the Trustee shall be subject to any and all applicable 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 1 contract

Samples: Cleveland Electric Financing Trust I

Preferential Collection of Claims Against Company. If the Trustee shall be or become a creditor of the Company or any other obligor upon the Securities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture ActAct of 1939), the Trustee shall be subject to any and all applicable provisions of the Trust Indenture Act of 1939 regarding the collection of claims against the Company or such other obligor. For purposes of Section 311(b) of the Trust Indenture ActAct of 1939:

Appears in 1 contract

Samples: Consolidated Edison Inc

Preferential Collection of Claims Against Company. 52 - If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Securities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture ActSecurities), the Trustee shall be subject to any and all applicable 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 1 contract

Samples: Overseas Shipholding 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 (other than by reason of a relationship described in Section 311(b) of the Trust Indenture Act)Securities, the Trustee shall be subject to any and all applicable 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 1 contract

Samples: Lamar Advertising 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 Securities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture ActSecurities), the Trustee shall be subject to any and all applicable 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(b311(b)(4) and (6) of the Trust Indenture Act, the following terms shall mean:

Appears in 1 contract

Samples: Cinergy Corp

Preferential Collection of Claims Against Company. If the Trustee shall be or become a creditor of the Company or any other obligor upon the Securities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture Act), the Trustee shall be subject to any and all applicable provisions of the Trust Indenture Act regarding the collection of claims against the Company or such other obligorobligor if the Trust Indenture Act shall at that time be applicable. For purposes of Section 311(b) of the Trust Indenture Act:

Appears in 1 contract

Samples: Txu Australia Holdings Partnership L P

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 (other than by reason of a relationship described in Section 311(b) of the Trust Indenture ActDebt Securities), the Trustee shall be subject to any and all applicable the provisions of Section 311 of the Trust Indenture Act regarding the collection of such claims against the Company (or any such other obligor). For purposes of A Trustee that has resigned or been removed shall be subject to and comply with said Section 311(b) of 311 to the Trust Indenture Act:extent required thereby.

Appears in 1 contract

Samples: Trustee and Company (Metro-Goldwyn-Mayer Inc)

Preferential Collection of Claims Against Company. 53 If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Securities (other than by reason of a relationship described in Section 311(b) of the Trust Indenture ActSecurities), the Trustee shall be subject to any and all applicable 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 1 contract

Samples: Indenture (Nabors Industries 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 (other than by reason of a relationship described in Section 311(b) of the Trust Indenture ActSenior Notes), the Trustee shall be subject to any and all applicable 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(b311(b)(4) and (6) of the Trust Indenture Act:

Appears in 1 contract

Samples: Indenture (Mirant Americas Generating Inc)

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

Appears in 1 contract

Samples: Enserch 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 (other than by reason of a relationship described in Section 311(b) of the Trust Indenture ActSecurities), the Trustee shall be subject to any and all applicable the provisions of Section 311(a) of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor. For purposes of ), 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 1 contract

Samples: Indenture (Motorola 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 (other than by reason of a relationship described in Section 311(b) of the Trust Indenture Act)Securities, the Trustee shall be subject to any and all applicable the provisions of the Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor). For the purposes of Section 311(b311(b)(4) and (6) of the Trust Indenture Act:

Appears in 1 contract

Samples: Heritage Media Corp

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

Appears in 1 contract

Samples: Indenture (Analog Devices Inc)

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