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

Preferential Collection of Claims Against the Issuer. If and when the Trustee shall be or become a creditor of the Issuer (or any other obligor upon the Securities), the Trustee shall be subject to the provisions of the Trust Indenture Act of 1939 regarding the collection of claims against the Issuer (or any such other obligor).

Appears in 9 contracts

Samples: Indenture (Air Products & Chemicals Inc /De/), Air Products And (Air Products & Chemicals Inc /De/), Indenture (Freeport McMoran Copper & Gold Inc)

AutoNDA by SimpleDocs

Preferential Collection of Claims Against the Issuer. If and when the Trustee shall be or become a creditor of the Issuer (or any other obligor upon the Securities), the Trustee shall be subject to the provisions of the Trust Indenture Act of 1939 regarding the collection of claims against the Issuer (or any such other obligor).. For purposes of Section 311(b)(4) and (6) of the Trust Indenture Act of 1939:

Appears in 7 contracts

Samples: Indenture (Source One Mortgage Services Corp), Indenture (Source One Mortgage Services Corp), Source One Mortgage Services Corp

Preferential Collection of Claims Against the Issuer. If and when the Trustee shall be or become a creditor of the Issuer (or any other obligor upon the SecuritiesNotes), the Trustee shall be subject to the provisions of the Trust Indenture Act of 1939 TIA regarding the collection of the claims against the such Issuer (or any such other obligor).

Appears in 3 contracts

Samples: Indenture (Xcel Energy Inc), Indenture (Xcel Energy Inc), Indenture (Xcel Energy Inc)

Preferential Collection of Claims Against the Issuer. If and when the Trustee shall be or become a creditor of the Issuer (or any other obligor upon under the SecuritiesSenior Notes), the Trustee shall be subject to the provisions of Section 311(b) of the Trust Indenture Act of 1939 regarding the collection of claims against the Issuer (or any such other obligor).

Appears in 3 contracts

Samples: Indenture (Aflac Inc), Indenture (Markel Corp), Indenture (Markel Corp)

Preferential Collection of Claims Against the Issuer. If and when the Trustee shall be or shall become a creditor creditor, directly or indirectly, secured or unsecured, of the Issuer (or any other obligor upon the Securitiessecurities), the Trustee shall be subject to the provisions of the Trust Indenture Act of 1939 regarding the collection of claims against the Issuer (or any such other obligor).

Appears in 2 contracts

Samples: Indenture (Unisys Corp), Indenture (Unisys Corp)

Preferential Collection of Claims Against the Issuer. If and when the Trustee shall be or become a creditor of the Issuer (or any other obligor upon the Securities), the Trustee shall be subject to the provisions of the Trust Indenture Act of 1939 regarding the collection of claims against the Issuer (or any such other obligor).. ARTICLE SEVEN

Appears in 1 contract

Samples: Indenture (Tyme Technologies, Inc.)

Preferential Collection of Claims Against the Issuer. If and when the Trustee shall be or become a creditor of the Issuer (or any other obligor upon the Securities), the Trustee shall be subject to the provisions of the Trust Indenture Act of 1939 regarding the collection of claims against the Issuer (or any such other obligor).

Appears in 1 contract

Samples: Indenture (Morgan Stanley)

AutoNDA by SimpleDocs

Preferential Collection of Claims Against the Issuer. If and when the Trustee shall be or become a creditor of the Issuer (or any other obligor upon the Securities), the Trustee shall be subject to the provisions of the Trust Indenture Act of 1939 regarding the collection of claims against the Issuer Issue (or any such other obligor).. For purposes of Sections 311(b)(4) and (6) of the Trust Indenture Act of 1939:

Appears in 1 contract

Samples: Williams Holdings of Delaware Inc

Preferential Collection of Claims Against the Issuer. If and when the Trustee shall be or become a creditor of the Issuer (or any other obligor upon the Securities), the Trustee shall be subject to the provisions of the Trust Indenture Act of 1939 regarding the collection of claims against the Issuer (or any such other obligor).the

Appears in 1 contract

Samples: Indenture (Williams Holdings of Delaware Inc)

Preferential Collection of Claims Against the Issuer. If and when the Trustee shall be or become a creditor of the Issuer (or any other obligor upon under the SecuritiesNotes), the Trustee shall be subject to the provisions of the Trust Indenture Act of 1939 regarding the collection of claims against the Issuer (or any such other obligor).

Appears in 1 contract

Samples: Cnooc LTD

Time is Money Join Law Insider Premium to draft better contracts faster.