Preferential Collection of Claims Against the Issuer. The Note Trustee shall comply with TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b). A Note Trustee who has resigned or been removed shall be subject to TIA Section 311(a) to the extent indicated therein. The provisions of TIA Section 311 shall apply to the Issuer as the obligor of the Notes.
Appears in 10 contracts
Samples: Barclaycard Funding PLC, Gracechurch Receivables Trustee LTD, Barclaycard Funding PLC
Preferential Collection of Claims Against the Issuer. The Note Trustee, in its capacity as Trustee hereunder, shall comply with TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b). A Note Trustee who has resigned or been removed shall be subject to TIA Section 311(a) to the extent indicated therein. The provisions of TIA Section 311 shall apply to the Issuer as the obligor of the Notesindicated.
Appears in 7 contracts
Samples: Indenture (Cardiac Science Inc), Indenture (Cardiac Science Inc), Merger Agreement (Salt Holdings Corp)
Preferential Collection of Claims Against the Issuer. The Note Indenture Trustee shall comply with TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b). A Note Any Indenture Trustee who has resigned or been removed shall be subject to TIA Section 311(a) to the extent indicated therein. The provisions of TIA Section 311 shall apply to the Issuer as the obligor of the Notes.
Appears in 2 contracts
Samples: Vehicle Lease Trust (Financial Services Vehicle Trust), Indenture (Volkswagen Public Auto Loan Securitization LLC)
Preferential Collection of Claims Against the Issuer. The Note Trustee, in its capacity as Trustee hereunder, shall comply with TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b). A Note Trustee who has resigned or been removed shall be subject to TIA Section 311(a) to the extent indicated thereinindicated. The provisions of TIA Section 311 shall apply to the Issuer as the obligor of the Notes.ARTICLE EIGHT DISCHARGE OF INDENTURE; DEFEASANCE
Appears in 1 contract
Preferential Collection of Claims Against the Issuer. The Note Trustee shall comply with TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b). A Note Trustee who that has resigned or been removed shall be subject to TIA Section 311(a) to the extent indicated therein. The provisions of TIA Section 311 shall apply to the Issuer as the obligor of the Notesindicated.
Appears in 1 contract
Samples: Sale Agreement, Servicing Agreement (Atlantic City Electric Transition Funding LLC)
Preferential Collection of Claims Against the Issuer. The Note Trustee shall comply with TIA Section 311(a311 (a), excluding any creditor relationship listed in TIA Section 311(b311 (b). A Note Trustee who has resigned or been removed shall be subject to TIA Section 311(a311 (a) to the extent indicated therein. The provisions of TIA Section 311 shall apply to the Issuer as the obligor of the Notes.
Appears in 1 contract
Samples: Indenture (Sanitec International Sa)
Preferential Collection of Claims Against the Issuer. The the Note Trustee shall comply with TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b). A Note Trustee who has resigned or been removed shall be subject to TIA Section 311(a) to the extent indicated therein. The provisions of TIA Section 311 shall apply to the Issuer as the obligor of the Notes.
Appears in 1 contract
Samples: Turquoise Receivables Trustee LTD
