Common use of Bona Fide Transaction Clause in Contracts

Bona Fide Transaction. No disposition of property effected by the Transaction Documents is made for an improper purpose or wilfully to defeat an obligation owed to a creditor.

Appears in 2 contracts

Sources: Series D Preferred Share Purchase Agreement (Momo Inc.), Series D Preferred Share Purchase Agreement (Momo Inc.)

Bona Fide Transaction. No disposition of property effected by the Transaction Documents is made for an improper purpose or wilfully to defeat an obligation owed to a creditorcreditor and at an undervalue.

Appears in 1 contract

Sources: Subscription Agreement (Legend Biotech Corp)