Common use of Payments to Finance LLC, etc Clause in Contracts

Payments to Finance LLC, etc. With respect to each Receivable transferred to Seller under the Second Tier Sale Agreement, Seller has given reasonably equivalent value to Finance LLC in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by Finance LLC of any Receivable under the Second Tier Sale Agreement is or may be voidable under any section of the Federal Bankruptcy Code or other statutory provisions or common law or equitable action by any Person.

Appears in 4 contracts

Samples: Receivables Purchase Agreement (Anr Pipeline Co), Receivables Purchase Agreement (Colorado Interstate Gas Co), Receivables Purchase Agreement (Tennessee Gas Pipeline Co)

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