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 and an affirmative creditors’ rights endorsement (ALRA Endorsement 21) must be added.
Appears in 3 contracts
Samples: And Security Agreement, Term Loan and Security Agreement (Lexicon Pharmaceuticals, Inc.), Construction Loan Agreement (Bluerock Residential Growth REIT, Inc.)
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 and an affirmative creditors’ rights endorsement (ALRA Endorsement 21) must be added.
Appears in 1 contract
Samples: Loan Agreement (New England Realty Associates Limited Partnership)
