Common use of Value Given Clause in Contracts

Value Given. The cash payments received by the Trust Depositor in respect of the purchase price of each Loan sold hereunder constitutes the face value of such Loan and the reasonably equivalent value in consideration for the transfer to the Issuer of such Loan under this Agreement, such transfer was not made for or on account of an antecedent debt owed by the Originator to the Trust Depositor, and such transfer was not and is not voidable or subject to avoidance under any Insolvency Law.

Value Given. The cash payments and the Certificate received by the Trust Depositor in respect of the purchase price of each the Loan Assets sold hereunder constitutes the face value of such Loan and the constitute reasonably equivalent value in consideration for the transfer to the Issuer of such Loan Assets under this Agreement, such transfer was not made for or on account of an antecedent debt owed by the Originator Seller to the Trust Depositor, and such transfer was not and is not voidable or subject to avoidance under any Insolvency Law.

Value Given. The cash payments received by the Trust Depositor Originator in respect of the purchase price of each Loan sold hereunder constitutes the face value of such Loan and the reasonably equivalent value in consideration for the transfer to the Issuer Trust Depositor of such Loan under this Agreement, such transfer was not made for or on account of an antecedent debt owed by the Originator to the Trust Depositor, and such transfer was not and is not voidable or subject to avoidance under any Insolvency Law.

Value Given. The cash payments received by the Trust Depositor in respect of the purchase price of each Loan Contract sold hereunder constitutes the face value of such Loan and the reasonably equivalent value in consideration for the transfer to the Issuer Trust of such Loan Contract under this Agreement, such transfer was not made for or on account of an antecedent debt owed by the Originator to the Trust Depositor, and such transfer was not and is not voidable or subject to avoidance under any Insolvency Law.

Value Given. The cash payments received by the Trust Depositor in ----------- respect of the purchase price of each Loan sold hereunder constitutes the face value of such Loan and the reasonably equivalent value in consideration for the transfer to the Issuer Trust of such Loan under this Agreement, such transfer was not made for or on account of an antecedent debt owed by the Originator to the Trust Depositor, and such transfer was not and is not voidable or subject to avoidance under any Insolvency Law.

Value Given. The cash payments received by the Trust Depositor in respect of the purchase price of each Loan sold hereunder constitutes the face value of such Loan and the reasonably equivalent value in consideration for the transfer to the Issuer Trust of such Loan under this Agreement, such transfer was not made for or on account of an antecedent debt owed by the Originator Trust to the Trust Depositor, and such transfer was not and is not voidable or subject to avoidance under any Insolvency Law.

Value Given. The cash payments received by the Trust Depositor in respect of the purchase price of each Loan sold hereunder constitutes the face value of such Loan and the reasonably equivalent value in consideration for the transfer to the Issuer Trust of such Loan under this Agreement, such transfer was not made for or on account of an antecedent debt owed by the Originator to the Trust Depositor, and such transfer was not and is not voidable or subject to avoidance under any Insolvency Law.