Common use of Fraudulent Conveyance Clause in Contracts

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

Samples: Secured Credit Agreement (General Motors Co), Secured Credit Agreement (General Motors Co), Secured Credit Agreement (General Motors Co)

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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

Samples: 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

Samples: Loan and Security Agreement (General Motors Corp), Loan and Security Agreement

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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

Samples: Loan and Security Agreement (General Motors Corp)

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