Common use of Sales by the Originator Clause in Contracts

Sales by the Originator. Each sale by an Originator to the Seller of an interest in Receivables and their Collections has been made in accordance with the terms of the Purchase Agreement, including the payment by the Seller to such Originator of the purchase price described in the Purchase Agreement. Each such sale has been made for “reasonably equivalent value” (as such term is used in Section 548 of the Bankruptcy Code) and not for or on account of “antecedent debt” (as such term is used in Section 547 of the Bankruptcy Code) owed by such Originator to the Seller.

Sales by the Originator. Each sale by an the Originator to the Seller of an interest in Receivables and their Collections has been made in accordance with the terms of the Purchase Agreement, including the payment by the Seller to such the Originator of the purchase price described in the Purchase Agreement. Each such sale has been made for “"reasonably equivalent value” " (as such term is used in Section 548 of the Bankruptcy Code) and not for or on account of “"antecedent debt” " (as such term is used in Section 547 of the Bankruptcy Code) owed by such the Originator to the Seller.

Sales by the Originator. Each sale by an the Originator to the Seller of an interest in Receivables and their Collections has been made in accordance with the terms of the Purchase Agreement, including the payment by the Seller to such the Originator of the purchase price described in the Purchase Agreement. Each such sale has been made for “reasonably equivalent value” "REASONABLY EQUIVALENT VALUE" (as such term is used in Section 548 of the Bankruptcy Code) and not for or on account of “antecedent debt” "ANTECEDENT DEBT" (as such term is used in Section 547 of the Bankruptcy Code) owed by such the Originator to the Seller.

Sales by the Originator. Each sale by an the Originator to the Seller of an interest in Receivables and their Collections has been made in accordance with the terms of the Purchase Agreement, including the payment by the Seller to such the Originator of the purchase price described in the Purchase Agreement. Each such sale has been made for “reasonably equivalent value” (as such term is used in Section 548 of the Bankruptcy Code) and not for or on account of “antecedent debt” (as such term is used in Section 547 of the Bankruptcy Code) owed by such the Originator to the Seller.

Sales by the Originator. Each sale transfer by an the Originator to the Seller of an interest in Receivables and their Collections has been made in accordance with the terms of the Purchase Agreement, including the payment by the Seller to such the Originator of the purchase price described in the Purchase Agreement. Each such sale transfer has been made for “reasonably equivalent value” (as such term is used in Section 548 of the Bankruptcy Code) and not for or on account of “antecedent debt” (as such term is used in Section 547 of the Bankruptcy Code) owed by such the Originator to the Seller.

Sales by the Originator. Each sale by an the Originator to the Seller of an interest in Receivables and their Collections has been made in accordance with the terms of the Purchase AgreementAgreements, including the payment by the Seller to such the Originator of the purchase price described in the each Purchase Agreement. Each such sale has been made for “reasonably equivalent value” (as such term is used in Section 548 of the Bankruptcy Code) and not for or on account of “antecedent debt” (as such term is used in Section 547 of the Bankruptcy Code) owed by such the Originator to the Seller.

Sales by the Originator. Each sale by an the Originator to the Seller of an interest in the Transferred Receivables and their Collections has been made in accordance with the terms of the Purchase Agreement, including the payment by the Seller to such the Originator of the purchase price described in the Purchase Sale and Contribution Agreement. Each such sale has been made for “"reasonably equivalent value” " (as such term is used in Section 548 of the Bankruptcy Code) and not for or on account of “"antecedent debt” " (as such term is used in Section 547 of the Bankruptcy Code) owed by such the Originator to the Seller.