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

Preferential Collection of Claims Against Issuers. The Trustee with respect to the securities of each series of Securities shall comply with TIA ss. 311(a), excluding any creditor relationship listed in TIA ss. 311(b). A Trustee who has resigned or been removed shall be subject to TIA ss. 311(a) to the extent indicated.

Appears in 2 contracts

Sources: Indenture (Ggri Inc), Indenture (Sun International Hotels LTD)

Preferential Collection of Claims Against Issuers. The Trustee with respect to the securities of each series of Securities shall comply with TIA ss. 311(a), excluding any creditor relationship listed in TIA ss. 311(b). A Trustee who has resigned or been removed shall be subject to TIA ss. 311(a) to the extent indicated.

Appears in 1 contract

Sources: Indenture (Elan Corp PLC)

Preferential Collection of Claims Against Issuers. The Trustee with respect to the securities of each series of Securities shall comply with TIA ss. 311(a), excluding any creditor relationship listed in TIA ss. 311(b). A Trustee who has resigned or been removed shall be subject to TIA ss. 311(a) to the extent indicatedindicated therein. The provisions of TIA ss. 311 shall apply to the Issuers, as obligors on the Notes.

Appears in 1 contract

Sources: Indenture (Aoa Capital Corp)

Preferential Collection of Claims Against Issuers. The Trustee with respect to the securities of each series of Securities shall comply with TIA ss. 311(a), excluding any creditor relationship listed in TIA ss. 311(b). A Trustee who has resigned or been removed shall be subject to TIA ss. 311(a) to the extent indicated.indicated therein. The provisions of TIA ss. 311 shall apply to the Issuers, as obligors on the Notes. 73 145385.01

Appears in 1 contract

Sources: Indenture (Abraxas Petroleum Corp)

Preferential Collection of Claims Against Issuers. The Trustee with respect to the securities of each series of Securities shall comply with TIA ss. 311(aTIAss.311(a), excluding any creditor relationship listed in TIA ss. 311(bTIAss.311(b). A Trustee who has resigned or been removed shall be subject to TIA ss. 311(aTIAss.311(a) to the extent indicated.

Appears in 1 contract

Sources: Indenture (Sun International Hotels LTD)