Examples of UFCA in a sentence
For purposes of this Section 4.17, "Bankruptcy Code" means Title 11 of the United States Code, "UFTA" means the Uniform Fraudulent Transfer Act, "UFCA" means the Uniform Fraudulent Conveyance Act, and "Other Applicable Law" means any other applicable state law pertaining to fraudulent transfers or acts voidable by creditors, in each case as such law may be amended from time to time.
For purposes of this Section 4.17, "Bankruptcy Code" means Title 11 of the United States Code, "UFTA" means the Uniform Fraudulent Transfer Act, "UFCA" means the Uniform Fraudulent Conveyance Act, and "Other Applicable Law" means any other applicable law pertaining to fraudulent transfers or acts voidable by creditors, in each case as such law may be amended from time to time.
Each Guarantor, and, by its acceptance of the Guaranty hereunder, Lender hereby confirm that it is the intention of all such Persons that the Guaranty hereunder and the Obligations of such Guarantor hereunder not constitute a fraudulent transfer or conveyance for purposes of the Bankruptcy Code, the UFTA, the UFCA or any other federal, state or foreign bankruptcy, insolvency, receivership or similar law to the extent applicable to the Guaranty hereunder and the Obligations of each Guarantor hereunder.
Choice of LawThe present morass• The original UFTA does not contain a choice of law provision, nor did the UFCA before it.• Choice of law therefore is left to common law.Choice of Law: First Restatement viewRestatement (First) of Conflict of Law (1934): Whether a transfer of property is voidable is governed by the law of the jurisdiction in which the property is located.
To give the required control information, the programmer has to know how the SLD-tree is con- structed and traversed.