Common use of Creditors’ Rights Clause in Contracts

Creditors’ Rights. Any "creditors' rights" exception or other exclusion from coverage for voidable transactions under bankruptcy, fraudulent conveyance, or other debtor protection laws or equitable principles must be removed by either an endorsement or a written waiver.

Appears in 7 contracts

Samples: Loan Agreement, Loan Agreement (CNL Healthcare Properties II, Inc.), Credit Agreement (Glimcher Realty Trust)

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Creditors’ Rights. Any "creditors' rights" exception or other exclusion from coverage for voidable transactions under bankruptcy, fraudulent conveyance, or other debtor protection laws or equitable principles must be removed by either an endorsement or a written waiver.

Appears in 3 contracts

Samples: Loan Agreement (Inland Diversified Real Estate Trust, Inc.), Loan Agreement (Inland Diversified Real Estate Trust, Inc.), Term Loan Agreement (Glimcher Realty Trust)

Creditors’ Rights. Any "creditors' rights" exception or other exclusion from coverage for voidable transactions under bankruptcy, fraudulent conveyance, or other debtor protection laws or equitable principles must be removed by either an endorsement or a written waiverwaiver or issuance of a 1970 Form Policy with 1982 modifications.

Appears in 1 contract

Samples: Construction Loan Agreement (Stratus Properties Inc)

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Creditors’ Rights. Any "creditors' rights" exception or other exclusion from coverage for voidable transactions under bankruptcy, fraudulent conveyance, conveyance or other debtor protection laws or equitable principles must be removed by either an endorsement or a written waiver.

Appears in 1 contract

Samples: Line of Credit Agreement (Grand Court Lifestyles Inc)

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