Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or other 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
Sources: Indenture (Pioneer Companies Inc), Indenture (Pioneer Companies Inc), Indenture (Pioneer Companies Inc)
Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor creditor, directly or indirectly, of the Company (or any other Indenture Obligor under the Guaranties and 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 has resigned or has been removed shall be subject to Section 311(a) of the Trust Indenture Act to the extent indicated therein.
Appears in 4 contracts
Sources: Indenture (Bergen Brunswig Corp), Indenture (Bergen Brunswig Corp), Indenture (Bergen Brunswig Corp)
Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other Indenture Obligor under the Guaranties and 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 who that has resigned or been removed shall be subject to and comply with said Section 311(a) of the Trust Indenture Act 311 to the extent indicated thereinrequired thereby.
Appears in 4 contracts
Sources: Indenture (Waste Connections Inc/De), Indenture (Waste Connections Inc/De), Indenture (Wilmington Trust Corp)
Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor creditor, directly or indirectly, secured or unsecured, of the Company (or any other Indenture Obligor under the Guaranties and 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). The Trustee is subject to Section 311(a) of the Trust Indenture Act, excluding any creditor relationship listed in Section 311(b) of the Trust Indenture Act. A Trustee who that has resigned or been removed replaced shall be subject to Section 311(a) of the Trust Indenture Act to the extent indicated therein.
Appears in 3 contracts
Sources: Indenture (Texas Unwired), Indenture (Texas Unwired), Indenture (Rural Cellular Corp)
Preferential Collection of Claims Against Company. If -------------------------------------------------- and when the Trustee shall be or become a creditor of the Company (or any other Indenture Obligor under the Guaranties and 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 who that has resigned or been removed shall be subject to and comply with said Section 311(a) of the Trust Indenture Act 311 to the extent indicated thereinrequired thereby.
Appears in 2 contracts
Sources: Indenture (National Commerce Bancorporation), Indenture (National Commerce Bancorporation)
Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other Indenture Obligor under obligor upon the Guaranties and the SecuritiesNotes), 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 who that has resigned or been removed shall be subject to and comply with said Section 311(a) of the Trust Indenture Act 311 to the extent indicated thereinrequired thereby.
Appears in 2 contracts
Sources: Indenture (Collins & Aikman Corp), 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 Indenture Obligor under the Guaranties and 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 trustee who has resigned or been removed shall be subject to Section 311(a) of the Trust Indenture Act Section 311 (a) to the extent indicated provided therein.. ARTICLE SEVEN
Appears in 2 contracts
Sources: Indenture (Allied World Assurance Co Holdings LTD), Indenture (Allied World Assurance Co Holdings LTD)
Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or other Indenture Obligor 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 Section 311(a) to the extent indicated therein.. ARTICLE SEVEN
Appears in 2 contracts
Sources: Indenture (Jakks Pacific Inc), Indenture (Viking Distillery 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 Indenture Obligor under obligor upon the Guaranties and 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). A Trustee who has resigned or been removed shall be subject to Section 311(a) of the Trust Indenture Act to the extent indicated thereinindicated.
Appears in 2 contracts
Sources: Indenture (Philip Morris USA Inc.), Indenture (Kraft Foods Inc)
Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or other Indenture Obligor 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 Trust Indenture Act Section 311(a) of the Trust Indenture Act to the extent indicated therein., as qualified by Trust Indenture Act Section 311(b). ARTICLE SEVEN
Appears in 2 contracts
Sources: Indenture (Republic Services Inc), Indenture (Pioneer Hi Bred 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 (or other than by reason of a relationship described in Section 311(b) of the Trust Indenture Obligor under the Guaranties and the SecuritiesAct), the Trustee shall be subject to the any and all applicable provisions of the Trust Indenture Act Act, including Section 311(a) 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 2 contracts
Sources: Indenture (Abraxas Petroleum Corp), Indenture (Abraxas Petroleum Corp)
Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other Indenture Obligor under obligor upon the Guaranties and the Securities)Notes, the Trustee shall be subject to the provisions of the Trust Indenture Act § 311(a) regarding the collection of claims against the Company (or any such other obligor, excluding any creditor relationship listed in the Trust Indenture Act § 311(b). A Trustee who has resigned or been removed shall be subject to Section 311(a) of the Trust Indenture Act § 311(a) to the extent indicated therein.
Appears in 2 contracts
Sources: Indenture (Bellatrix Exploration Ltd.), Indenture (Bellatrix Exploration Ltd.)
Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other Indenture Obligor under the Guaranties and obligor upon the Securities), the Trustee shall be subject to 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). A Trustee who has resigned or been removed shall be subject to Section 311(aFor purposes of SECTION 311(b)(4) AND (6) of such Act, the Trust Indenture Act to the extent indicated therein.following terms shall mean:
Appears in 1 contract
Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or other Indenture Obligor obligor under the Guaranties and the SecuritiesKDSM Senior Debentures), 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 Section 311(a) to the extent indicated therein.. ARTICLE SEVEN
Appears in 1 contract
Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or other 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 the Trust Indenture Act, Section 311(a) of the Trust Indenture Act to the extent indicated therein.
Appears in 1 contract
Sources: Indenture (Pioneer Companies Inc)
Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company Issuers (or other Indenture Obligor 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 Issuers (or any such other obligor). A Trustee who has resigned or been removed shall be subject to Trust Indenture Act Section 311(a) of the Trust Indenture Act to the extent indicated therein.
Appears in 1 contract
Preferential Collection of Claims Against Company. If and ------------------------------------------------- when the Trustee shall be or become a creditor of the Company (or any other Indenture Obligor under the Guaranties and 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 obligorObligor). A Trustee who that has resigned or been removed shall be subject to and comply with said Section 311(a) of the Trust Indenture Act 311 to the extent indicated thereinrequired thereby.
Appears in 1 contract
Sources: Indenture (Agribiotech Inc)
Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or other Indenture Obligor 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 Trust Indenture Act Section 311(a) of the Trust Indenture Act to the extent indicated therein.. ARTICLE SEVEN
Appears in 1 contract
Sources: Indenture (Packard Bioscience Co)
Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor creditor, directly or indirectly, secured or unsecured, of the Company (or any other Indenture Obligor under the Guaranties and 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). The Trustee is subject to Section 311(a) of the Trust Indenture Act, excluding any creditor relationship listed in Section 311(b) of the Trust Indenture Act. A Trustee who has resigned or been removed replaced shall be subject to Section 311(a) of the Trust Indenture Act to the extent indicated therein.
Appears in 1 contract
Sources: Indenture (Rural Cellular Corp)
Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other Indenture Obligor under the Guaranties and obligor upon the Securities), the Trustee shall be subject to the provisions of Section 311 of the Trust Indenture Act regarding the collection of claims any claim as a creditor against the Company (or any such other obligor). A Trustee who that has resigned or been removed shall be subject to and comply with said Section 311(a) of the Trust Indenture Act 311 to the extent indicated thereinrequired thereby.
Appears in 1 contract
Sources: Indenture (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 other Indenture Obligor obligor under the Guaranties and Securities (other than by reason of a relationship described in Section 311(b) of the SecuritiesTrust 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). A Trustee trustee who has resigned or been removed shall be subject to Trust Indenture Act Section 311(a) of the Trust Indenture Act to the extent indicated therein, as qualified by Trust Indenture Act Section 311(b).
Appears in 1 contract
Sources: Indenture (GFI 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 (or other than by reason of a relationship described in Section 311(b) of the Trust Indenture Obligor under the Guaranties and the SecuritiesAct), 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)obligor whether or not this Indenture is qualified under the Trust Indenture Act. A Trustee who has resigned or been removed shall be subject to For purposes of Section 311(a311(b) of the Trust Indenture Act to the extent indicated therein.Act:
Appears in 1 contract
Sources: Indenture (Entergy Arkansas Inc)
Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or other Indenture Obligor 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 Section 311 (a) to the extent indicated therein.. ARTICLE SEVEN
Appears in 1 contract
Preferential Collection of Claims Against Company. If and when the Trustee shall be or become a creditor of the Company (or any other Indenture Obligor under the Guaranties and 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 has resigned or has been removed shall be subject to Section 311(a) of the Trust Indenture Act to the extent indicated therein.. ARTICLE SEVEN
Appears in 1 contract
Sources: Indenture (Fortune Brands Inc)