Voidability. The transfers of Conveyed Property made hereunder were not made for or on account of an antecedent debt. No transfer by CAC of any Conveyed Property hereunder is or may be voidable under any section of the Bankruptcy Code.
Appears in 37 contracts
Sources: Sale and Contribution Agreement (Credit Acceptance Corp), Sale and Contribution Agreement (Credit Acceptance Corp), Sale and Contribution Agreement (Credit Acceptance Corp)
Voidability. The transfers of Conveyed Contributed Property made hereunder were not made for or on account of an antecedent debt. No transfer by CAC of any Conveyed Contributed Property hereunder is or may be voidable under any section of the Bankruptcy Code.
Appears in 8 contracts
Sources: Contribution Agreement (Credit Acceptance Corporation), Contribution Agreement (Credit Acceptance Corporation), Sale and Contribution Agreement (Credit Acceptance Corp)