Common use of Preferential Collection of Claims Clause in Contracts

Preferential Collection of Claims. The Trustee will comply with TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b). A Trustee who has resigned or been removed will be subject to TIA Section 311(a) to the extent indicated.

Appears in 29 contracts

Samples: Indenture (Lennar Corp /New/), Indenture (Lennar Corp /New/), Indenture (Lennar Corp /New/)

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Preferential Collection of Claims. The Trustee will comply with is subject to TIA Section ss. 311(a), excluding any creditor relationship listed in TIA Section ss. 311(b). A Trustee who has resigned or been removed will shall be subject to TIA Section ss. 311(a) to the extent indicated.

Appears in 3 contracts

Samples: Omnicom Finance Holdings PLC, Omnicom Group Inc., Omnicom Finance Holdings PLC

Preferential Collection of Claims. Against the Company or the Guarantor. The Trustee will is subject to and shall comply with the provisions of TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b). A Trustee who has resigned or been removed will shall be subject to TIA Section 311(a) to the extent indicatedindicated therein.

Appears in 2 contracts

Samples: Phillips 66, Conocophillips

Preferential Collection of Claims. The Trustee will shall comply with TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b). A Trustee who has resigned or been removed will shall be subject to TIA Section 311(a) to the extent indicatedindicated therein.

Appears in 2 contracts

Samples: Supplemental Indenture (Istar Financial Inc), Indenture (Thornburg Mortgage Inc)

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Preferential Collection of Claims. The Trustee will comply with TIA Section 311(a), excluding any creditor relationship listed in TIA Section 311(b). A Trustee who has resigned or been removed will be subject to TIA Section 311(a) to the extent indicated.. ARTICLE EIGHT

Appears in 1 contract

Samples: Melinta Therapeutics, Inc. /New/

Preferential Collection of Claims. The Trustee will shall comply with TIA Section § 311(a), excluding any creditor relationship listed in TIA Section § 311(b). A Trustee who has resigned or been removed will shall be subject to TIA Section § 311(a) to the extent indicatedindicated therein.

Appears in 1 contract

Samples: Indenture (Thornburg Mortgage Inc)

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