Protection of Creditors Sample Clauses
Protection of Creditors. The transfer to Buyer by the Seller of the Transferred Assets does not and will not constitute a fraudulent transfer or fraudulent conveyance under any applicable state or federal law or regulation or under any similar laws relating to creditors' rights generally. The Purchase Price constitutes fair and adequate consideration for the Transferred Assets. The Seller has not entered into this agreement or made any transfer or incurred any obligations hereunder or in connection herewith, with actual intent to disturb, hinder, delay or defraud either present or future creditors or other persons.
Protection of Creditors. 38 17.1 Subordination.......................................................................... 38 17.2 Attornment............................................................................. 38 17.3 Signing of Documents................................................................... 38 17.4
Protection of Creditors. 16 SECTION 2.32
Protection of Creditors. The transfer to SAC-1 and SAC-2, respectively, by each of the Progressive Personnel and SCR and by Progressive Resources and Progressive New Jersey of the Transferred Assets does not and will not constitute a fraudulent transfer or fraudulent conveyance under any applicable state or federal law or regulation or under any similar laws relating to creditors' rights generally. The Purchase Price constitutes fair and adequate consideration for the Transferred Assets. The Progressive Entities have not entered into this agreement or made any transfer or incurred any obligations hereunder or in connection herewith, with actual intent to disturb, hinder, delay or defraud either present or future creditors or other Persons.
Protection of Creditors. Seller has not entered into this Agreement or made any transfer or incurred any obligations hereunder or in connection herewith, with actual intent to disturb, hinder, delay or defraud either present or future creditors or other persons.
Protection of Creditors. The transfer to SAC by the Corporation of the Transferred Assets does not and will not constitute a fraudulent transfer or fraudulent conveyance under any applicable state or federal law or regulation or under any similar laws relating to creditors' rights generally. The Purchase Price constitutes fair and adequate consideration for the Transferred Assets. The Corporation has not entered into this agreement or made any transfer or incurred any obligations hereunder or in connection herewith, with actual intent to disturb, hinder, delay or defraud either present or future creditors or other persons.
Protection of Creditors. The transfer to SAC13 and SAC14 by the Sellers of the Transferred Assets does not and will not constitute a fraudulent transfer or fraudulent conveyance under any applicable state or federal law or regulation or under any similar laws relating to creditors' rights generally. To the best of the Sellers' Knowledge the Purchase Price constitutes fair and adequate consideration for the Transferred Assets. The Sellers have not entered into this Agreement or made any transfer or incurred any obligations hereunder or in connection herewith, with actual intent to disturb, hinder, delay or defraud either present or future creditors or other persons.
Protection of Creditors. Section 17.1 Subordination Section 17.2 Attornment Section 17.3 Signing of Documents
Protection of Creditors. 27 16.1 Subordination. . . . . . . . . . . . . . . . . . . . . . . 27 16.2 Attornment . . . . . . . . . . . . . . . . . . . . . . . . 27 16.3
Protection of Creditors. The transfer to Buyer by the Seller of the Transferred Assets does not and will not constitute a fraudulent transfer or fraudulent conveyance under any applicable state or federal law or regulation or under any similar laws relating to creditors' rights generally. The Seller will satisfy Class C Member Liabilities on or before January 8, 1996, and will satisfy the Levix Xxxbilities in accordance with the EFG Purchase Agreement or in accordance with terms mutually agreed upon by the parties thereto. The Purchase Price constitutes fair and adequate consideration for the Transferred Assets. The Seller has not entered into this agreement or made any transfer or incurred any obligations hereunder or in connection herewith, with actual intent to disturb, hinder, delay or defraud either present or future creditors or other persons.