FAIR CONSIDERATION; VALID SALE. The consideration received and to be received by the Contributor in exchange for the assignment, transfer and contribution of the Contracts and the Contributed Property is fair consideration having value equivalent to or in excess of the value of the assets being transferred by the Contributor. This Agreement effects a valid assignment, transfer and contribution of the Contributor's interest in the Contracts and the other Contributed Property, enforceable against creditors of and purchasers from the Contributor.
Appears in 7 contracts
Samples: Contribution and Servicing Agreement (Dvi Receivables Corp Viii), Contribution and Servicing Agreement (Dvi Receivables Corp Viii), Contribution and Servicing Agreement (Dvi Receivables Corp Viii)
