Payments to Applicable Originator. With respect to each Receivable transferred to Borrower under the Receivables Sale Agreement, Borrower has given reasonably equivalent value to the applicable Originator in consideration therefor and such transfer was not made for or on account of an antecedent debt.
Appears in 3 contracts
Samples: Credit and Security Agreement (Mohawk Industries Inc), Credit and Security Agreement (Mohawk Industries Inc), Credit and Security Agreement (Mohawk Industries Inc)
Payments to Applicable Originator. With respect to each --------------------------------- Receivable transferred to Borrower under the Receivables Sale Agreement, Borrower has given reasonably equivalent value to the applicable Originator in consideration therefor and such transfer was not made for or on account of an antecedent debt.
Appears in 1 contract
Samples: Credit and Security Agreement (Mohawk Industries Inc)
Payments to Applicable Originator. With respect to each Receivable transferred by such Originator to Borrower Buyer under the Receivables Sale this Agreement, Borrower Buyer has given reasonably equivalent value to the applicable such Originator in consideration therefor and such transfer was not made for or on account of an antecedent debt.
Appears in 1 contract
Samples: Receivables Purchase and Sale Agreement (Mohawk Industries Inc)