Preferential Collection of Claims Against the Company. (a) Subject to the provisions of this Section, if the Trustee shall be or shall become a creditor, directly or indirectly, secured or unsecured, of an Issuer within four months prior to a default, as defined in subsection (c) of this Section, or subsequent to such a default, then, unless and until such default shall be cured, the Trustee shall set apart and hold in a special account for the benefit of the Trustee individually, the Holders of the Securities, the Holders of Coupons and the holders of other indenture securities (as defined in this section):
Appears in 6 contracts
Samples: Satisfaction And (Enhance Financial Services Group Inc), Satisfaction And (Enhance Financial Services Group Inc), Satisfaction And (Enhance Financial Services Group Inc)
Preferential Collection of Claims Against the Company. (a) Subject to the provisions of this Section, if the Trustee shall be or shall become a creditor, directly or indirectly, secured or unsecured, of an Issuer the Company within four months prior to a default, as defined in subsection (c) of this Section, or subsequent to such a default, then, unless and until such default shall be cured, the Trustee shall set apart and hold in a special account for the benefit of the Trustee individually, the Holders of the SecuritiesSecurities of such Series, the Holders of Coupons Coupons, if any appertaining thereto, and the holders of other indenture securities (as defined in this section):
Appears in 5 contracts
Samples: Indenture (Whirlpool Corp /De/), Indenture (Whirlpool Corp /De/), Indenture (Whirlpool Finance Luxembourg S.A.R.L.)
Preferential Collection of Claims Against the Company. (a) Subject to the provisions of this Section, if the Trustee shall be or shall become a creditor, directly or indirectly, secured or unsecured, of an Issuer the Company or any other obligor of the Securities within four three months prior to a default, as defined in subsection (c) of this Section, or subsequent to such a default, then, unless and until such default shall be cured, the Trustee shall set apart and hold in a special account for the benefit of the Trustee individually, the Holders of the Securities, the Holders of Coupons Securities and the holders of other indenture securities (as defined in this sectionSection):
Appears in 3 contracts
Samples: Indenture (Covanta Capital Trust Iii), Covanta Capital Trust Iii, Idaho Power Co
Preferential Collection of Claims Against the Company. (a) Subject to the provisions of this Section, if the Trustee shall be or shall become a creditor, directly or indirectly, secured or unsecured, of an Issuer the Company or any other obligor of the Securities within four three months prior to a default, as defined in subsection (c) of this SectionSection 7.13(c), or subsequent to such a default, then, unless and until such default shall be cured, the Trustee shall set apart and hold in a special account for the benefit of the Trustee individually, the Holders of the Securities, the Holders of Coupons Securities and the holders of other indenture securities (as defined in this sectionSection):
Appears in 3 contracts
Samples: Aspen Insurance Holdings LTD, MRH Capital Trust I, Endurance Specialty Holdings LTD
Preferential Collection of Claims Against the Company. (a) Subject to the provisions of this SectionSection 7.13, if the Trustee shall be or shall become a creditor, directly or indirectly, secured or unsecured, of an Issuer the Company or any other obligor of the Securities within four three months prior to a default, as defined in subsection (c) of this SectionSection 7.13(c), or subsequent to such a default, then, unless and until such default shall be cured, the Trustee shall set apart and hold in a special account for the benefit of the Trustee individually, the Holders of the Securities, the Holders of Coupons Securities and the holders of other indenture securities (as defined in this sectionSection 7.13(c)(ii)):
Appears in 2 contracts
Samples: Indenture (National Grid PLC), Indenture (National Grid PLC)
Preferential Collection of Claims Against the Company. (a) Subject to the provisions of this Section, if the Trustee shall be or shall become a creditor, directly or indirectly, secured or unsecured, of an Issuer the Company or any other obligor of the Securities within four three months prior to -50- a default, as defined in subsection (c) of this Section, or subsequent to such a default, then, unless and until such default shall be cured, the Trustee shall set apart and hold in a special account for the benefit of the Trustee individually, the Holders of the Securities, the Holders of Coupons Securities and the holders of other indenture securities (as defined in this sectionSection):
Appears in 1 contract
Samples: Idaho Power Co
Preferential Collection of Claims Against the Company. (a) Subject to the provisions Subsection (b) of this Section, if the Trustee shall be or shall become a creditor, directly or indirectly, secured or unsecured, of an Issuer the Company within four months prior to a default, as defined in subsection Subsection (c) of this Section, or subsequent to such a default, then, unless and until such default shall be cured, the Trustee shall set apart and hold in a special account for the benefit of the Trustee individually, the Holders of the Securities, the Holders of Coupons Securities and the holders of other indenture securities (securities, as defined in Subsection (c) of this section):Section:
Appears in 1 contract
Samples: Votorantim Pulp & Paper Inc
Preferential Collection of Claims Against the Company. (a) Subject to the provisions Clause (b) of this SectionSection 5.13, if the Trustee shall be or shall become a creditor, directly or indirectly, secured or unsecured, of an Issuer the Company within four months prior to a default, as defined in subsection Clause (cd) of this Section, or subsequent to such a default, then, unless and until such default shall be cured, the Trustee shall set apart and hold in a special account for the benefit of the Trustee individually, the Holders of the Securities, the Holders of Coupons Noteholders and the holders of other indenture securities (securities, as defined in Clause (d) of this section):Section:
Appears in 1 contract
Preferential Collection of Claims Against the Company. (a) Subject to the provisions of this Section, if the Trustee shall be or shall become a creditor, directly or indirectly, secured or unsecured, of an Issuer the Company within four three months prior to a default, as defined in subsection (c) of this Section, or subsequent to such a default, then, unless and until such default shall be cured, the Trustee shall set apart and hold in a special account for the benefit of the Trustee individually, the Holders of the SecuritiesSecurities of such Series, the Holders of Coupons Coupons, if any appertaining thereto, and the holders of other indenture securities (as defined in this section):
Appears in 1 contract
Samples: Indenture (Kellogg Co)
