Payments to the Seller. (a) On each date on which the Buyer is required to make a payment under this Agreement, the Buyer shall make the same available to the Seller for value on the due date and in Dollars settled through the New York Clearing House Interbank Payments System or such other funds as may be customary at the time for settlement of transactions in Dollars in New York City.
Payments to the Seller. With respect to each Asset transferred to the Borrower under the Sale and Servicing Agreement, the Borrower has given reasonably equivalent value to the Seller in consideration for such transfer of such Asset and the Other Conveyed Property with respect thereto and such transfer was not made for or on account of an antecedent debt. With respect to each Asset transferred to the Seller under a Purchase and Sale Agreement, the Seller has given reasonably equivalent value to applicable seller thereunder in consideration for such transfer of such Asset and the Other Conveyed Property with respect thereto and such transfer was not made for or on account of an antecedent debt.
Payments to the Seller. With respect to each Purchase hereunder, the Purchase Price received by the Seller in respect thereof constitutes reasonably equivalent value in consideration therefor and such transfer of the related Contract Assets was not made for or on account of an antecedent debt. No transfer by the Seller of any Contract Assets hereunder is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ 101 et seq.), as amended.
Payments to the Seller. The Servicer shall on Deposit Dates withdraw from the Collection Account and pay to the Seller the following amounts:
Payments to the Seller. On each date on which any Transaction Document requires an amount to be paid by a Transaction Party to the Seller, such Transaction Party shall make the relevant amount available to the Seller by payment to the Seller to the account specified by the Seller for value on the due date no later than the time specified in the Relevant Transaction Document or, if no time is specified in the Transaction Document, by close of banking hours in the place of payment on the due date.
Payments to the Seller. 5.1.1 The Escrow Agent shall pay to the Seller from the Escrow Balance the Seller's Amount referred to in any of Clauses 5.1.2, 5.1.3, 5.1.4 and 5.1.5 ultimately within one (1) Business Day after receipt by the Escrow Agent of: a Title of Enforcement evidencing that the Seller is entitled to payment of such Seller's Amount; or a duly executed Joint Notice from the Seller and the Purchaser.
Payments to the Seller. The Seller shall have received the ---------------------- Purchase Price payable at Closing for the Purchased Assets.
Payments to the Seller. With respect to each Asset transferred to the Borrower under the Sale and Servicing Agreement, the Borrower has given reasonably equivalent value to the Seller in consideration for such transfer of such Asset and the Other Conveyed Property with respect thereto and such transfer was not made for or on account of an antecedent debt. With respect to each Asset transferred to the Seller under a Purchase and Sale Agreement, the Seller has given reasonably equivalent value to applicable seller thereunder in consideration for such transfer of such Asset and the Other Conveyed Property with respect thereto and such transfer was not made for or on account of an antecedent debt. (u) Not an Investment Company. Such GWG Party is not an “investment company” within the meaning of the Investment Company Act of 1940, as amended from time to time, or any successor statute. (v)
Payments to the Seller. Any amounts payable to the Seller pursuant to this Agreement will be paid by telegraphic transfer to the Seller’s Solicitors account (as may be notified to the Buyer in writing by the Seller for this purpose from time to time).
Payments to the Seller. With respect to each Venture Loan transferred to the Borrower under the Purchase Agreement and (as applicable) the related Subsequent Transfer Instrument, the Borrower has given reasonably equivalent value to the Seller in consideration therefor and such transfer was not made for or on account of an antecedent debt.
