Common use of Preferential Collection of Claims Against the Company Clause in Contracts

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes), the Trustee shall be subject to the provisions of the TIA regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claims.

Appears in 84 contracts

Samples: Collateral Agreement (US Foods Holding Corp.), Indenture (VWR International, Inc.), Indenture (Adesa California, LLC)

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Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the NotesSecurities), the Trustee shall be subject to the provisions of the TIA Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claims).

Appears in 47 contracts

Samples: Indenture (Intel Corp), Subordinated Indenture (Union Bankshares Corp), Indenture (CNH Industrial Capital LLC)

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (Company, or any other obligor upon the Notes)Securities, the Trustee shall be subject to the provisions of the TIA Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claims.

Appears in 26 contracts

Samples: Indenture (Financial Institutions Inc), Indenture (CenterState Bank Corp), Indenture (Bridge Bancorp Inc)

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes)Company, the Trustee shall be subject to the provisions of the TIA regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claimsCompany.

Appears in 15 contracts

Samples: Indenture (Pennsylvania Electric Co), Indenture (Penelec Capital Trust), Indenture (Metropolitan Edison Co)

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notesunder TIA Section 311(a), the Trustee shall be subject to the provisions of the TIA regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it contained in respect of such claimsTIA Section 311 to the extent applicable.

Appears in 14 contracts

Samples: Junior Indenture (Hawaiian Electric Co Inc), Junior Indenture (Maui Electric Co LTD), Junior Indenture (Hawaiian Electric Co Inc)

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes), the Trustee shall be subject to the provisions of the TIA regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claims).

Appears in 12 contracts

Samples: Supplemental Indenture (Eastman Kodak Co), Supplemental Indenture (Eastman Kodak Co), Indenture (Lyondell Chemical Co)

Preferential Collection of Claims Against the Company. (a) If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes), the Trustee shall be subject to the provisions of the TIA regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claims).

Appears in 8 contracts

Samples: Supplemental Indenture (Lyondell Chemical Nederland LTD), Supplemental Indenture (Lyondell Chemical Nederland LTD), Supplemental Indenture (Lyondell Chemical Nederland LTD)

Preferential Collection of Claims Against the 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 obligor upon the NotesSecurities), the Trustee shall be subject to the provisions of the TIA Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claims).

Appears in 7 contracts

Samples: Indenture (First Busey Corp /Nv/), MidWestOne Financial Group, Inc., MidWestOne Financial Group, Inc.

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the NotesSecurities), the Trustee shall be subject to the provisions of the TIA Trust Indenture Act, if such act shall then be applicable to this Indenture, regarding the collection of claims against the Company or the Guarantor (or any such other obligor) or realizing on certain property received by it in respect of such claims).

Appears in 7 contracts

Samples: Senior Indenture (Markel Corp), Senior Indenture (Alterra Finance LLC), Senior Indenture (ALTERRA CAPITAL HOLDINGS LTD)

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes), the Trustee shall be subject to the provisions of the TIA Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claims).

Appears in 6 contracts

Samples: Supplemental Indenture (Eastman Kodak Co), Supplemental Indenture (Eastman Kodak Co), Indenture (Cincinnati Bell Inc /Oh/)

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes), the Trustee shall be subject to the provisions of the TIA regarding the collection of the claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claims).

Appears in 5 contracts

Samples: Indenture (Freeport McMoran Copper & Gold Inc), Indenture (McMoran Exploration Co /De/), McMoran Exploration Co /De/

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become becomes a creditor of the Company (or any other obligor upon under the Notes), ) the Trustee shall be subject to the provisions of the TIA Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claims).

Appears in 2 contracts

Samples: Indenture (Raghsa S.A.), Indenture (Raghsa S.A.)

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes)Company, the Trustee shall be subject to the provisions of the TIA Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claimsCompany.

Appears in 1 contract

Samples: Indenture (Hollinger Inc)

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes), the Trustee shall be subject to the provisions of the TIA regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claims.. 125

Appears in 1 contract

Samples: Indenture (Nci Building Systems Inc)

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Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes), the Trustee shall be subject to the provisions of the TIA regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claims. Section 714.

Appears in 1 contract

Samples: Cornerstone Building Brands, Inc.

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the Notes) (to the extent this Indenture has been qualified by the TIA at such time), the Trustee shall be subject to the provisions of the TIA regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claims.

Appears in 1 contract

Samples: Phinia Inc.

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (or Select Medical Escrow or any Subsidiary Guarantor or other obligor upon the Notes), the Trustee shall be subject to the provisions of the TIA regarding the collection of claims against the Company (or Select Medical Escrow or any Subsidiary Guarantor or any such other obligor) or realizing on certain property received by it in respect of such claims).

Appears in 1 contract

Samples: Atlantic Health Group Inc

Preferential Collection of Claims Against the Company. If and ----------------------------------------------------- when the Trustee shall be or become a creditor of the Company (or any Subsidiary Guarantor or other obligor upon the Notes), the Trustee shall be subject to the provisions of the TIA regarding the collection of claims against the Company (or any Subsidiary Guarantor or any such other obligor) or realizing on certain property received by it in respect of such claims).

Appears in 1 contract

Samples: Avalon Rehabilitation & Healthcare LLC

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the NotesDebt Securities), the Trustee shall be subject to the provisions of the TIA Trust Indenture Act regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claims).

Appears in 1 contract

Samples: Indenture (Gulf Island Services, L.L.C.)

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon on the NotesDebt Securities), the Trustee shall be subject to the provisions of Section 311 of the TIA regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claims.). ARTICLE NINE

Appears in 1 contract

Samples: Indenture (Coca-Cola Consolidated, Inc.)

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or shall become a creditor of the Company (or of any other obligor upon the Notes), the Trustee shall be subject to the provisions of the TIA Trust Indenture Act regarding the collection of claims against the Company (or against any such other obligor) or realizing on certain property received by it in respect of such claims, as the case may be).

Appears in 1 contract

Samples: Keysight Technologies, Inc.

Preferential Collection of Claims Against the Company. If and when the Trustee shall be or become a creditor of the Company (or any other obligor upon the NotesDebt Securities), the Trustee shall be subject to the provisions of Section 311 of the TIA regarding the collection of claims against the Company (or any such other obligor) or realizing on certain property received by it in respect of such claims.). ARTICLE NINE

Appears in 1 contract

Samples: Indenture (Nucor Corp)

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