Common use of Fraudulent Conveyances Clause in Contracts

Fraudulent Conveyances. Borrower (a) has not entered into this Agreement or any of the other Loan Documents with the actual intent to hinder, delay, or defraud any creditor and (b) has received reasonably equivalent value in exchange for its obligations under the Loan

Appears in 1 contract

Sources: Loan Agreement (Advocat Inc)

Fraudulent Conveyances. Borrower Borrower: (a) has not entered into this Agreement or any of the other Loan Documents with the actual intent to hinder, delay, or defraud any creditor and (b) has received reasonably equivalent value in exchange for its obligations under the Loancreditor; and

Appears in 1 contract

Sources: Loan Agreement