Fraudulent Conveyance. Each Loan Party will benefit from the Loans contemplated by this Agreement. No Loan Party is incurring Indebtedness or transferring any Collateral with any intent to hinder, delay or defraud any of its creditors.
Appears in 4 contracts
Sources: Secured Credit Agreement (General Motors Co), Secured Credit Agreement (General Motors Co), Secured Credit Agreement (General Motors Co)
Fraudulent Conveyance. Each Loan Party acknowledges that it will benefit from the Loans Advances contemplated by this Loan Agreement. No Loan Party is incurring Indebtedness or transferring any Facility Collateral with any intent to hinder, delay or defraud any of its creditors.
Appears in 3 contracts
Sources: Loan Agreement, Loan Agreement (Chrysler Group LLC), Loan Agreement (Chrysler Group LLC)
Fraudulent Conveyance. Each Loan Party acknowledges that it will benefit from the Loans Advance contemplated by this Loan Agreement. No Loan Party is incurring Indebtedness or transferring any Facility Collateral with any intent to hinder, delay or defraud any of its creditors.
Appears in 2 contracts
Sources: Loan and Security Agreement (General Motors Corp), Loan and Security Agreement
Fraudulent Conveyance. Each Loan Party acknowledges that it will benefit from the Loans Advances contemplated by this Agreement. No Loan Party is incurring Indebtedness or transferring any Facility Collateral with any intent to hinder, delay or defraud any of its creditors.
Appears in 1 contract