Application of the proceeds. Subject to the rights of any preferential creditors under any applicable law, the Collateral Trustee agrees with the Issuer to pay any sums received or recovered by the Collateral Trustee from or by the enforcement of the Issuer-Owned Bonds Collateral and/or the Crypto-Asset Collateral granted to secure the Collateral Trustee Claim in the following order:
Appears in 4 contracts
Samples: Collateral Trust Agreement, Collateral Trust Agreement, Collateral Trust Agreement
