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

Preferential Collection of Claims Against Depositor. The Trustee shall comply with TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b). A trustee who has resigned or been removed shall be subject to TIA Section 311(a) to the extent required by TIA Section 311(a).

Appears in 31 contracts

Samples: Trust Agreement (Bond Trust Products LLC), Trust Agreement (Fixed Income Trust for Prudential Financial, Inc. Notes, Series 2012-1), Trust Agreement (Incapital Trust Products LLC)

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