Common use of Preferential Collection of Claims Against Issuing Entity Clause in Contracts

Preferential Collection of Claims Against Issuing Entity. The Indenture Trustee shall comply with TIA ss. 311(a), excluding any creditor relationship listed in TIA ss. 311(b). An Indenture Trustee who has resigned or been removed shall be subject to TIA ss. 311(a) to the extent indicated.

Appears in 15 contracts

Samples: Indenture (Opteum Mortgage Acceptance CORP), Deutsche Mortgage Securities Inc, Material Definitive Agreement (Impac Secured Assets Corp)

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