Common use of Fraudulent Conveyance Clause in Contracts

Fraudulent Conveyance. The Seller is not selling the Receivables to the Trust with any intent to hinder, delay or defraud any of its creditors; the Seller will not be rendered insolvent as a result of the sale of the Receivables to the Trust.

Appears in 19 contracts

Samples: Sale and Servicing (Consumer Portfolio Services Inc), Sale and Servicing (Consumer Portfolio Services Inc), Sale and Servicing (Consumer Portfolio Services Inc)

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Fraudulent Conveyance. The Seller is not selling the Receivables to the Trust Purchaser with any intent to hinder, delay or defraud any of its creditors; the Seller will not be rendered insolvent as a result of the sale of the Receivables to the TrustPurchaser.

Appears in 18 contracts

Samples: Credit Agreement and Consent (Hampshire Group LTD), Sale and Servicing Agreement (Consumer Portfolio Services Inc), Purchase Agreement (Consumer Portfolio Services Inc)

Fraudulent Conveyance. The Seller is not selling the Receivables sold by it to the Trust Purchaser with any intent to hinder, delay or defraud any of its creditors; the Seller will not be rendered insolvent as a result of the such sale of the Receivables to the TrustPurchaser.

Appears in 2 contracts

Samples: Purchase Agreement (Bay View Transaction Corp), Purchase Agreement (Bay View Deposit CORP)

Fraudulent Conveyance. The Seller is not selling the Receivables and the Other Conveyed Property to the Trust Purchaser with any intent to hinder, delay or defraud any of its creditors; the Seller will not be rendered insolvent as a result of the sale of the Receivables and the Other Conveyed Property to the TrustPurchaser.

Appears in 1 contract

Samples: Sale and Servicing (Silverleaf Resorts Inc)

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Fraudulent Conveyance. The Seller is not selling the Receivables and the Other Conveyed Property to the Trust Purchaser with any intent to hinder, delay or defraud any of its creditors; the Seller will not be rendered insolvent as a result of the sale of the Receivables and the Other Conveyed Property to the Trust.Purchaser. Annex-30

Appears in 1 contract

Samples: Sale and Servicing Agreement (Silverleaf Resorts Inc)

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