Common use of Fraudulent Conveyance Clause in Contracts

Fraudulent Conveyance. Notwithstanding anything contained in this Assignment to the contrary, Assignor agrees that if, but for the application of this SECTION 5 the Obligation or any Security Interest would constitute a preferential transfer under 11 U.S.C. Section 547, a fraudulent conveyance under 11 U.S.C. Section 548 (or any successor section) or a fraudulent conveyance or transfer under any state fraudulent conveyance or fraudulent transfer Law or similar Law in effect from time to time (each a "FRAUDULENT CONVEYANCE"), then the Obligation and each affected Security Interest will be enforceable against Assignor to the maximum extent possible without causing the Obligation or any Security Interest to be a Fraudulent Conveyance, and shall be deemed to have been automatically amended to carry out the intent of this SECTION 5.

Fraudulent Conveyance. Notwithstanding anything contained in this Assignment Pledge Agreement to the contrary, Assignor Borrower agrees that if, but for the application of this SECTION 5 the Obligation or any Security Interest would constitute a preferential transfer under 11 U.S.C. Section 547, a fraudulent conveyance under 11 U.S.C. Section 548 (or any successor section) or a fraudulent conveyance or transfer under any state fraudulent conveyance or fraudulent transfer Law or similar Law in effect from time to time (each a "FRAUDULENT CONVEYANCE"), then the Obligation and each affected Security Interest will be enforceable against Assignor Borrower to the maximum extent possible without causing the Obligation or any Security Interest to be a Fraudulent Conveyance, and shall be deemed to have been automatically amended to carry out the intent of this SECTION 5.

Fraudulent Conveyance. Notwithstanding anything contained in this Assignment Agreement to the contrary, Assignor Debtor agrees that if, but for the application of this SECTION 5 Section 5, the Obligation or any Security Interest would constitute a preferential transfer under 11 U.S.C. Section § 547, a fraudulent conveyance under 11 U.S.C. Section § 548 (or any successor sectionsection of that Statute) or a fraudulent conveyance or transfer under any state fraudulent conveyance or fraudulent transfer Law law or similar Law in effect from time to time (each a "FRAUDULENT CONVEYANCE"“Fraudulent Conveyance”), then the Obligation and each affected Security Interest will be enforceable against Assignor to the maximum extent possible without causing the Obligation or any Security Interest to be a Fraudulent Conveyance, and shall be deemed to have been automatically amended to carry out the intent of this SECTION Section 5.

Fraudulent Conveyance. Notwithstanding anything contained in this Assignment Pledge Agreement to the contrary, Assignor Pledgor agrees that if, but for the application of this SECTION 5 5, the Obligation or any Security Interest would constitute a preferential transfer under 11 U.S.C. Section 547, a fraudulent conveyance under 11 U.S.C. Section 548 (or any successor section) or a fraudulent conveyance or transfer under any state fraudulent conveyance or fraudulent transfer Law or similar Law in effect from time to time (each a "FRAUDULENT CONVEYANCE"), then the Obligation and each affected Security Interest will be enforceable against Assignor Pledgor to the maximum extent possible without causing the Obligation or any Security Interest to be a Fraudulent Conveyance, and shall be deemed to have been automatically amended to carry out the intent of this SECTION 5.

Fraudulent Conveyance. Notwithstanding anything contained in this Assignment Agreement to the contrary, Assignor Pledgor agrees that if, but for the application of this SECTION 5 Section 5, the Obligation or any Security Interest would constitute a preferential transfer under 11 U.S.C. Section § 547, a fraudulent conveyance under 11 U.S.C. Section § 548 (or any successor section) or a fraudulent conveyance or transfer under any state fraudulent conveyance or fraudulent transfer Law or similar Law in effect from time to time (each a "FRAUDULENT CONVEYANCE"“Fraudulent Conveyance”), then the Obligation and each affected Security Interest will be enforceable against Assignor Pledgor to the maximum extent possible without causing the Obligation or any Security Interest to be a Fraudulent Conveyance, and shall be deemed to have been automatically amended to carry out the intent of this SECTION Section 5.

Fraudulent Conveyance. Notwithstanding anything contained in this Assignment Agreement to the contrary, Assignor Pledgor agrees that if, but for the application of this SECTION 5 Section 5, the Obligation Obligations or any Security Interest would constitute a preferential transfer under 11 U.S.C. Section § 547, a fraudulent conveyance under 11 U.S.C. Section § 548 (or any successor section) or a fraudulent conveyance or transfer under any state fraudulent conveyance or fraudulent transfer Law or similar Law in effect from time to time (each a "FRAUDULENT CONVEYANCE"“Fraudulent Conveyance”), then the Obligation Obligations and each affected Security Interest will be enforceable against Assignor Pledgor to the maximum extent possible without causing the Obligation Obligations or any Security Interest to be a Fraudulent Conveyance, and shall be deemed to have been automatically amended to carry out the intent of this SECTION Section 5.

Fraudulent Conveyance. Notwithstanding anything contained in this Assignment Agreement to the contrary, Assignor Debtor agrees that if, but for the application of this SECTION 5 Section 6, the Obligation or any Security Interest would constitute a preferential transfer under 11 U.S.C. Section 547, a fraudulent conveyance under 11 U.S.C. Section 548 (or any successor sectionsection of that Code) or a fraudulent conveyance or transfer under any state fraudulent conveyance or fraudulent transfer Law law or similar Law in effect from time to time (each a "FRAUDULENT CONVEYANCEFraudulent Conveyance"), then the Obligation and each affected Security Interest will be enforceable against Assignor to the maximum extent possible without causing the Obligation or any Security Interest to be a Fraudulent Conveyance, and shall be deemed to have been automatically amended to carry out the intent of this SECTION 5Section 6.

Fraudulent Conveyance. Notwithstanding anything contained in this Assignment Agreement to the contrary, Assignor agrees Debtors agree that if, but for the application of this SECTION 5 6, the Obligation Obligations or any Security Interest would constitute a preferential transfer under 11 U.S.C. Section 547, a fraudulent conveyance under 11 U.S.C. Section 548 547 (or any successor sectionsection of that Code) or a fraudulent conveyance or transfer under any state fraudulent conveyance or fraudulent transfer Law law or similar Law in effect from time to time (each a "FRAUDULENT CONVEYANCE"), ) then the Obligation Obligations and each affected Security Interest will be enforceable against Assignor to the maximum extent possible without causing the Obligation Obligations or any Security Interest to be a Fraudulent Conveyance, and shall be deemed to have been automatically amended to carry out the intent of this SECTION 56.

Fraudulent Conveyance. If any Notwithstanding anything contained in this Assignment Agreement to the contrary, Assignor Borrower agrees that if, but for the application of this SECTION 5 Section, the Obligation Liabilities or any Security Interest security interest granted hereunder would constitute a preferential transfer under 11 U.S.C. Section § 547, a fraudulent conveyance under 11 U.S.C. Section § 548 (or any successor section) or a fraudulent conveyance or transfer under any state fraudulent conveyance or fraudulent transfer Law law or similar Law law in effect from time to time (each a "FRAUDULENT CONVEYANCE"“Fraudulent Conveyance”), then the Obligation Liabilities and each affected Security Interest security interest will be enforceable against Assignor to the maximum extent possible without causing the Obligation Liabilities or any Security Interest security interest to be a Fraudulent Conveyance, and shall be deemed to have been automatically amended to carry out the intent of this SECTION 5Section.

Fraudulent Conveyance. Notwithstanding anything contained in this Assignment Agreement to the contrary, Assignor Grantor agrees that if, but for the application of this SECTION 5 Section 10, the Obligation Obligations or any Security Interest would constitute a preferential transfer under 11 U.S.C. Section § 547, a fraudulent conveyance under 11 U.S.C. Section § 548 (or any successor sectionsection of that statute) or a fraudulent conveyance or transfer under any state fraudulent conveyance or fraudulent transfer Law law or similar Law in effect from time to time (each a "FRAUDULENT CONVEYANCE"“Fraudulent Conveyance”), then the Obligation Obligations and each affected Security Interest will be enforceable against Assignor to the maximum extent possible without causing the Obligation Obligations or any Security Interest to be a Fraudulent Conveyance, and shall be deemed to have been automatically amended to carry out the intent of this SECTION 5Section 10.

Fraudulent Conveyance. Notwithstanding anything contained in this Assignment Agreement to the contrary, Assignor Debtor agrees that if, but for the application of this SECTION 5 Section 10, the Obligation Obligations or any Security Interest would constitute a preferential transfer under 11 U.S.C. Section § 547, a fraudulent conveyance under 11 U.S.C. Section § 548 (or any successor sectionsection of that statute) or a fraudulent conveyance or transfer under any state fraudulent conveyance or fraudulent transfer Law or similar Law in effect from time to time (each a "FRAUDULENT CONVEYANCE"“Fraudulent Conveyance”), then the Obligation Obligations and each affected Security Interest will be enforceable against Assignor to the maximum extent possible without causing the Obligation Obligations or any Security Interest to be a Fraudulent Conveyance, and shall be deemed to have been automatically amended to carry out the intent of this SECTION 5Section 10.

Fraudulent Conveyance. Notwithstanding anything contained in this Assignment Agreement to the contrary, Assignor Pledgor agrees that if, but for the application of this SECTION 5 Section 5, the Obligation Obligations or any Security Interest would constitute a preferential transfer under 11 U.S.C. Section § 547, a fraudulent conveyance under 11 U.S.C. Section § 548 (or any successor section) ), or a fraudulent conveyance or transfer under any state state’s fraudulent conveyance or fraudulent transfer Law or similar Law in effect from time to time (each a "FRAUDULENT CONVEYANCE"“Fraudulent Conveyance”), then the Obligation Obligations and each affected Security Interest will be enforceable against Assignor Pledgor to the maximum extent possible without causing the Obligation Obligations or any Security Interest to be a Fraudulent Conveyance, and shall be deemed to have been automatically amended to carry out the intent of this SECTION Section 5.

Fraudulent Conveyance. Notwithstanding anything contained in this Assignment Agreement to the contrary, Assignor Debtor agrees that if, but for the application of this SECTION 5 Section 10, the Obligation Obligations or any Security Interest would constitute a preferential transfer under 11 U.S.C. Section § 547, a fraudulent conveyance under 11 U.S.C. Section § 548 (or any successor sectionsection of that statute) or a fraudulent conveyance or transfer under any state fraudulent conveyance or fraudulent transfer Law law or similar Law in effect from time to time (each a "FRAUDULENT CONVEYANCE"“Fraudulent Conveyance”), then the Obligation Obligations and each affected Security Interest will be enforceable against Assignor to the maximum extent possible without causing the Obligation Obligations or any Security Interest to be a Fraudulent Conveyance, and shall be deemed to have been automatically amended to carry out the intent of this SECTION 5Section 10.

Fraudulent Conveyance. Notwithstanding anything contained in this Assignment Agreement to the contrary, Assignor Debtor agrees that if, but for the application of this SECTION 5 Section 5, the Obligation Obligations or any Security Interest would constitute a preferential transfer under 11 U.S.C. Section § 547, a fraudulent conveyance under 11 U.S.C. Section § 548 (or any successor sectionsection of that Statute) or a fraudulent conveyance or transfer under any state fraudulent conveyance or fraudulent transfer Law law or similar Law in effect from time to time (each a "FRAUDULENT CONVEYANCE"“Fraudulent Conveyance”), then the Obligation Obligations and each affected Security Interest will be enforceable against Assignor to the maximum extent possible without causing the Obligation Obligations or any Security Interest to be a Fraudulent Conveyance, and shall be deemed to have been automatically amended to carry out the intent of this SECTION Section 5.

Fraudulent Conveyance. Notwithstanding anything contained in this Assignment Agreement to the contrary, Assignor each Pledgor agrees that if, but for the application of this SECTION 5 Section 5, the Obligation or any Security Interest would constitute a preferential transfer under 11 U.S.C. Section § 547, a fraudulent conveyance under 11 U.S.C. Section § 548 (or any successor section) or a fraudulent conveyance or transfer under any state state’s fraudulent conveyance or fraudulent transfer Law or similar Law in effect from time to time (each a "FRAUDULENT CONVEYANCE"“Fraudulent Conveyance”), then the Obligation and each affected Security Interest will be enforceable against Assignor such Pledgor to the maximum extent possible without causing the Obligation or any Security Interest to be a Fraudulent Conveyance, and shall be deemed to have been automatically amended to carry out the intent of this SECTION Section 5.

Fraudulent Conveyance. Notwithstanding anything contained in this Assignment Agreement to the contrary, Assignor Debtor agrees that if, but for the application of this SECTION 5 Section 11, the Obligation Obligations or any Security Interest would constitute a preferential transfer under 11 U.S.C. Section § 547, a fraudulent conveyance under 11 U.S.C. Section § 548 (or any successor sectionsection of that statute) or a fraudulent conveyance or transfer under any state fraudulent conveyance or fraudulent transfer Law or similar Law in effect from time to time (each a "FRAUDULENT CONVEYANCE"“Fraudulent Conveyance”), then the Obligation Obligations and each affected Security Interest will be enforceable against Assignor to the maximum extent possible without causing the Obligation Obligations or any Security Interest to be a Fraudulent Conveyance, and shall be deemed to have been automatically amended to carry out the intent of this SECTION 5Section 11.

Fraudulent Conveyance. Notwithstanding anything contained in any provision of this Assignment Agreement to the contrary, Assignor Debtor agrees that if, but for the application of this SECTION 5 Section 6, the Obligation Obligations or any Security Interest would constitute a preferential transfer under 11 U.S.C. Section ss. 547, a fraudulent conveyance under 11 U.S.C. Section ss. 548 (or any successor sectionsection of that Code) or a fraudulent conveyance or transfer under any state fraudulent conveyance or fraudulent transfer Law law or similar Law in effect from time to time (each a "FRAUDULENT CONVEYANCEFraudulent Conveyance"), then the Obligation Obligations and each affected Security Interest will be enforceable against Assignor to the maximum extent possible without causing the Obligation Obligations or any Security Interest to be a Fraudulent Conveyance, and shall be deemed to have been automatically amended to carry out the intent of this SECTION 5Section 6.

Fraudulent Conveyance. Notwithstanding anything contained in this Assignment Agreement to the contrary, Assignor Debtor agrees that if, but for the application of this SECTION 5 Section, the Obligation or any Security Interest would constitute a preferential transfer under 11 U.S.C. Section 547, a fraudulent conveyance under 11 U.S.C. Section 548 (or any successor sectionsection of that Code) or a fraudulent conveyance or transfer under any state fraudulent conveyance or fraudulent transfer Law law or similar Law in effect from time to time (each a "FRAUDULENT CONVEYANCEFraudulent Conveyance"), then the Obligation and each affected Security Interest will be enforceable against Assignor to the maximum extent possible without causing the Obligation or any Security Interest to be a Fraudulent Conveyance, and shall be deemed to have been automatically amended to carry out the intent of this SECTION 5Section.

Fraudulent Conveyance. Notwithstanding anything contained in this Assignment Agreement to the contrary, Assignor Xxxxxxx agrees that if, but for the application of this SECTION 5 Section 5, the Obligation Obligations or any Security Interest would constitute a preferential transfer under 11 U.S.C. Section § 547, a fraudulent conveyance under 11 U.S.C. Section § 548 (or any successor section) or a fraudulent conveyance or transfer under any state fraudulent conveyance or fraudulent transfer Law or similar Law in effect from time to time (each a "FRAUDULENT CONVEYANCE"“Fraudulent Conveyance”), then the Obligation Obligations and each affected Security Interest will be enforceable against Assignor Pledgor to the maximum extent possible without causing the Obligation Obligations or any Security Interest to be a Fraudulent Conveyance, and shall be deemed to have been automatically amended to carry out the intent of this SECTION Section 5.

Fraudulent Conveyance. Notwithstanding anything contained in this Assignment Agreement to the contrary, Assignor each Pledgor agrees that if, but for the application of this SECTION 5 Section 5, the Obligation or any Security Interest would constitute a preferential transfer under 11 U.S.C. Section § 547, a fraudulent conveyance under 11 U.S.C. Section § 548 (or any successor section) or a fraudulent conveyance or transfer under any state fraudulent conveyance or fraudulent transfer Law or similar Law in effect from time to time (each a "FRAUDULENT CONVEYANCE"“Fraudulent Conveyance”), then the Obligation and each affected Security Interest will be enforceable against Assignor such Pledgor to the maximum extent possible without causing the Obligation or any Security Interest to be a Fraudulent Conveyance, and shall be deemed to have been automatically amended to carry out the intent of this SECTION Section 5.