Common use of Fraudulent Conveyances Clause in Contracts

Fraudulent Conveyances. Borrower has not entered into any agreements, transactions or series of transactions with the intent to hinder, delay, or defraud any creditor, and Borrower has not entered into any agreements, transactions or series of transactions (except in connection with a corporate merger or reorganization involving entities which both prior to and following such merger or reorganization were Affiliates of Borrower) other than for valid consideration of reasonably equivalent value in exchange for its obligations thereunder.

Appears in 3 contracts

Samples: Credit Agreement (Mid America Apartment Communities Inc), Credit Agreement (Mid America Apartment Communities Inc), Credit Agreement (Mid America Apartment Communities Inc)

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Fraudulent Conveyances. Borrower has not entered into any agreements, transactions or series of transactions with the intent to hinder, delay, or defraud any creditor, and Borrower has not entered into any agreements, transactions or series of transactions (except in connection with a corporate merger or reorganization involving entities which both prior to and following such merger or reorganization were Affiliates of Borrower) other than for valid consideration of reasonably equivalent value in exchange for its obligations thereunder.

Appears in 3 contracts

Samples: Credit Agreement (Steadfast Apartment REIT, Inc.), Credit Agreement (Behringer Harvard Multifamily Reit I Inc), Credit Agreement (Essex Property Trust Inc)

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