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

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

Appears in 5 contracts

Samples: Supplemental Indenture (Equistar Funding Corp), Supplemental Indenture (Lyondell Chemical Co), Supplemental Indenture (Lyondell Chemical Co)

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

Appears in 4 contracts

Samples: RSC Equipment Rental, Inc., RSC Equipment Rental, Inc., RSC Equipment Rental, Inc.

Preferential Collection of Claims Against the Issuers. (a) If and when the Trustee shall be or become a creditor of either Issuer of the Issuers (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 such Issuer (or any such other obligor).

Appears in 3 contracts

Samples: Indenture, Indenture (NEWMONT Corp /DE/), Indenture (NEWMONT Corp /DE/)

Preferential Collection of Claims Against the Issuers. (a) If and when the Trustee shall be or become a creditor of either Issuer the Issuers (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 such Issuer the Issuers (or any such other obligor).

Appears in 2 contracts

Samples: Baker Hughes Co-Obligor, Inc., Voicestream Wireless Corp /De

Preferential Collection of Claims Against the Issuers. (a) If and when the Trustee shall be or become a creditor of either an Issuer (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 such Issuer (or any such other obligor).

Appears in 1 contract

Samples: Freeport McMoran Copper & Gold Inc

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

Appears in 1 contract

Samples: Univar Inc.

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

Appears in 1 contract

Samples: Triarc Companies Inc

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