Reasonable Equivalent Value Sample Clauses
The Reasonable Equivalent Value clause defines the requirement that any transfer of assets or services must be exchanged for a value that is fair and comparable to market standards. In practice, this means that when parties engage in transactions, the consideration given and received should be balanced and reflect what would typically be agreed upon in an arm’s length transaction. This clause is often used to prevent fraudulent transfers or undervalued exchanges, ensuring that parties do not attempt to evade creditors or regulatory scrutiny by transferring assets for less than their true worth.
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Reasonable Equivalent Value. Sellers represent and warrant that the Purchase Price is a reasonably equivalent value for the transfer of the Stock to Buyer and that the transfer of the Stock to Buyer is intended to be a contemporaneous exchange for new value given to Sellers by Buyer.
Reasonable Equivalent Value. The Transferor has given reasonably --------------------------- equivalent value to each Eligible Originator in consideration for the transfer to the Transferor of the applicable Receivables and Collections and Related Security, if any, from such Eligible Originator, and each such transfer shall not have been made for or on account of an antecedent debt owed by such Eligible Originator to the Transferor. The Transferor has received reasonably equivalent value in consideration for the transfer to the Trust of the Receivables and Collections and Related Security, if any, and will have received reasonably equivalent value in consideration for the sale of the Senior Certificates (and any sale of additional interests in the Trust in connection with any Additional Investor Amount) to the Senior Class Conduits and the Bank Investors.