Common use of Preferential Collection of Claims Against Company and Subsidiary Guarantors Clause in Contracts

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

Appears in 130 contracts

Samples: Indenture (Amplify Energy Corp.), Indenture (Bristow Helicopters Inc), Indenture (Bristow Helicopters Inc)

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Preferential Collection of Claims Against Company and Subsidiary Guarantors. If and when the Trustee shall be or become a creditor of the Company, Company or 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 or such Subsidiary Guarantor (or any such other obligor.). For purposes of Section 311(b)(4) and (6) of the Trust Indenture Act:

Appears in 14 contracts

Samples: Indenture (American Italian Pasta Co), Indenture (Bay Valley Foods, LLC), American Italian Pasta Co

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