Reasonably Equivalent Value. The Purchase Price constitutes reasonably equivalent value in consideration for the transfer by each Seller to the Purchaser of Receivables from such Seller pursuant to this Agreement and no such transfer has been made for or on account of an antecedent debt owed by such Seller to the Purchaser, and no such transfer is or may be voidable or subject to avoidance under any section of the Bankruptcy Code.
Appears in 4 contracts
Samples: Receivables Purchase Agreement (Trimas Corp), Receivables Purchase Agreement (Trimas Corp), Receivables Purchase Agreement (Mascotech Inc)