Valid Transaction. Any transfer made by Seller of any right, title or interest in or to the Assets does not and will not constitute a fraudulent conveyance under any applicable Law. Without limiting the generality of the foregoing, Seller acknowledges and agrees that such transfer is being made for a valid business purpose and for fair consideration. Seller has not taken any action with the intent to hinder or delay payment to any of its creditors.
Appears in 3 contracts
Sources: Equity Interest Purchase Agreement (Dobson Communications Corp), Equity Interest Purchase Agreement (Dobson Communications Corp), Equity Interest Purchase Agreement (American Cellular Corp /De/)