Voidable Transfer definition
Examples of Voidable Transfer in a sentence
Nothing set forth herein is an admission that any such Voidable Transfer has occurred.
Borrower expressly acknowledges that Bank may rely upon advice of counsel, and if so advised by counsel, may settle, without defending, any action to avoid any alleged Voidable Transfer, and that upon settlement, Borrower shall again be liable for any deficiency resulting from such settlement as provided in this Section.
Nothing set forth herein is an admission that such Voidable Transfer has occurred.
LANTERN expressly acknowledges that AFC may rely upon the advice of counsel, and if so advised by counsel, may, in the exercise of their sole opinion and judgment, settle, without defending any action to void any alleged Voidable Transfer, and that upon such settlement, LANTERN shall again be liable for any deficiency resulting from such settlement as provided in this AGREEMENT.
Borrower and Guarantor expressly acknowledge that Lender may rely upon advice of counsel, and if so advised by counsel, may, in the exercise of Lender’s sole opinion and judgment, settle, without defending, any action to void any alleged Voidable Transfer, and that upon such settlement, Borrower and Guarantor shall again be liable for any deficiency resulting from such settlement as provided in this Modification.