Fraudulent Transfer Law definition

Fraudulent Transfer Law means any applicable US Bankruptcy Law or any applicable US state fraudulent transfer or conveyance law.
Fraudulent Transfer Law has the meaning set forth in Section 2.2.
Fraudulent Transfer Law means Section 548 of Title 11 of the United States Code or any applicable provisions of comparable state law.

Examples of Fraudulent Transfer Law in a sentence

  • The “Borrower Allocable Amount” for any Borrower shall be the maximum amount that could then be recovered from such Borrower under this Section 5.11 without rendering such payment voidable under any Fraudulent Transfer Law.

  • Each Guarantor agrees that its guarantee hereunder shall continue to be effective or be reinstated, as the case may be, if at any time payment, or any part thereof, of any Guaranteed Obligation is rescinded or must otherwise be returned by the Administrative Agent or any other Guaranteed Party under any Debtor Relief Law, Fraudulent Transfer Law or otherwise.

  • Zaretsky, Fraudulent Transfer Law as the Arbiter of Unreasonable Risk, 46 S.C. L.

  • Williams, The Fallacies of Contemporary Fraudulent Transfer Models as Applied to Intercorporate Guaranties: Fraudulent Transfer Law as a Fuzzy System, 15 Cardozo L.

  • Williams, Revisiting the Proper Limits of Fraudulent Transfer Law, 8 Bankr.


More Definitions of Fraudulent Transfer Law

Fraudulent Transfer Law means Section 548 of the United States Bankruptcy Code or any applicable US state fraudulent transfer or fraudulent conveyance law;
Fraudulent Transfer Law means any applicable bankruptcy and fraudulent transfer and conveyance statute and any related case law of the United States of America or any State thereof (including the District of Columbia); and terms used in this Subsection are to be construed in accordance with the fraudulent transfer laws. UTi Worldwide Inc. Nedbank Letter of Credit Agreement
Fraudulent Transfer Law means any applicable U.S. Bankruptcy Law or state fraudulent transfer or conveyance statute, and the related case law; and (vi) “law” includes any law, statute, regulation, regulatory requirement, rule, ordinance, ruling, decision, treaty, directive, order, guideline, regulation, policy, writ, judgment, injunction or request of any court or other governmental, inter-governmental or supranational body, officer or official, fiscal or monetary authority, or other ministry or public entity (and their interpretation, administration and application), whether or not having the force of law.
Fraudulent Transfer Law means any applicable Debtor Relief Laws (including, without limitation, Section 548 of Title 11 of the United States Bankruptcy Code) or any US state fraudulent transfer or conveyance statute and any related case law.
Fraudulent Transfer Law. As used herein, "BANK PARTY" means each Bank and any affiliate of a Bank which is a party to a Hedging Agreement with the Company. Each of the undersigned agrees that upon the occurrence of any Event of Default under Section 12.1.4 of the Credit Agreement, and if such event shall occur at a time when any of the Liabilities may not then be due and payable, such undersigned will pay to the Administrative Agent for the account of the Bank Parties forthwith the full amount which would be payable hereunder by such undersigned if all Liabilities were then due and payable. To secure all obligations of each of the undersigned hereunder, the Administrative Agent and each Bank Party shall have a lien on and security interest in (and may, without demand or notice of any kind, at any time and from time to time when any amount shall be due and payable by such undersigned hereunder, appropriate and apply toward the payment of such amount) any and all balances, credits, deposits, accounts or moneys of or in the name of such undersigned now or hereafter with the Administrative Agent or such Bank Party and any and all property of every kind or description of or in the name of such undersigned now or hereafter, for any reason or purpose whatsoever, in the possession or control of, or in transit to, the Administrative Agent or any Bank Party or any agent or bailee for the Administrative Agent or any Bank Party. This Guaranty shall in all respects be a continuing, irrevocable, absolute and unconditional guaranty of payment and performance and not only collectibility, and shall remain in full force and effect (notwithstanding, without limitation, the dissolution of any of the undersigned, that at any time or from time to time no Liabilities are outstanding or any other circumstance) until all Commitments have terminated and all Liabilities have been paid in full (subject to reinstatement as provided in the immediately following paragraph). The undersigned further agree that if at any time all or any part of any payment theretofore applied by the Administrative Agent or any Bank Party to any of the Liabilities is or must be rescinded or returned by the Administrative Agent or such Bank Party for any reason whatsoever (including, without limitation, the insolvency, bankruptcy or reorganization of the Company or any of the undersigned), such Liabilities shall, for the purposes of this Guaranty, to the extent that such payment is or must be rescinded or returned, be deemed to have...
Fraudulent Transfer Law means Section 548 of the United States Bankruptcy Code or any applicable US state fraudulent transfer or fraudulent conveyance law; “Funding Rate” means any individual rate notified by a Lender to the Facility Agent pursuant to Clause 11.3(A)(ii) (Cost of funds);
Fraudulent Transfer Law means any applicable bankruptcy and fraudulent transfer and conveyance statute and any related case law of the United States of America or any State thereof (including the District of Columbia); and terms used in this Section 23.30 are to be construed in accordance with the fraudulent transfer laws. (b) Each U.S. Guarantor acknowledges that: (i) it will receive valuable direct or indirect benefits as a result of the transactions financed by the Financing Agreements; (ii) those benefits will constitute reasonably equivalent value and fair consideration for the purpose of any fraudulent transfer law; and (iii) the Issuing Bank has acted in good faith in connection with the guarantee given by that U.S. Guarantor and the transactions contemplated by the Financing Agreements. (c) The Issuing Bank agrees that each U.S. Guarantor’s liability under this Section 23 is limited so that no obligation of, or transfer by, any U.S. Guarantor under this Section 23 is subject to avoidance and turnover under any fraudulent transfer law. (d) Each U.S. Guarantor represents and warrants to the Issuing Bank that: (i) the fair value of its consolidated assets is greater than the amount of its liabilities (including disputed, contingent and unliquidated liabilities) as such value is established and liabilities evaluated in accordance with GAAP; 63