Preference; Voidability. The Transferor has given reasonably equivalent value to the Originator in consideration for the transfer to the Transferor of the Receivables and Related Security, Collections and Proceeds with respect thereto from the Originator, and each such transfer shall not have been made for or on account of an antecedent debt owed by the Originator to the Transferor, and no such transfer is intended to be voidable under the Bankruptcy Code.
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Samples: Receivables Transfer Agreement (Nalco Holding CO), Receivables Transfer Agreement (Nalco Finance Holdings LLC)
Preference; Voidability. The Transferor has In the case of the Originator, it shall have given reasonably equivalent value to the Originator in consideration for the transfer to the Transferor it of the Receivables and Related Security, Collections and Proceeds with respect thereto Affected Assets from the Originator, and each such transfer shall not have been made for or on account of an antecedent debt owed by the Originator to the Transferor, it and no such transfer is intended to or may be voidable under any section of the Bankruptcy Code.
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Samples: Transfer and Administration Agreement (Overnite Corp)
Preference; Voidability. The Transferor has given reasonably equivalent value to the each Originator in consideration for the transfer to the Transferor of the Receivables and Related Security, Collections and Proceeds with respect thereto from the such Originator, and each such transfer shall not have been made for or on account of an antecedent debt owed by the such Originator to the Transferor, and no such transfer is intended to be voidable under the Bankruptcy Code.
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Samples: Receivables Transfer Agreement (Nalco Global Holdings LLC)
Preference; Voidability. The Transferor has shall have given ----------------------- reasonably equivalent value to the Originator in consideration for the transfer to the Transferor of the Receivables and Related Security, Collections and Proceeds with respect thereto from the Originator, and each such transfer shall not have been made for or on account of an antecedent debt owed by the Originator to the Transferor, and no such transfer is intended to or may be voidable under the Bankruptcy Code.
Appears in 1 contract
Preference; Voidability. The Transferor has shall have given reasonably equivalent value to the Originator in consideration for the transfer to the Transferor of the Receivables and Related Security, Collections and Proceeds with respect thereto from the Originator, and each such transfer shall not have been made for or on account of an antecedent debt owed by the Originator to the Transferor, and no such transfer is intended to or may be voidable under the Bankruptcy Code.
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