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Common use of Benefit Received Clause in Contracts

Benefit Received. Parent and the Subsidiaries will receive reasonably equivalent value in exchange for the obligations incurred under the Loan Documents to which each is a party.

Appears in 3 contracts

Sources: Credit Agreement (Horizon Health Corp /De/), Credit Agreement (Horizon Health Corp /De/), Credit Agreement (Horizon Health Corp /De/)

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Parent Clauses

  • Representations and Warranties
  • Conditions Precedent
  • Yield Protection and Illegality
  • Capital Adequacy
  • Term Loan

Sub-Clauses

  • Inspection Rights
  • Quarterly Financial Statements
  • Insurance
  • Reporting Requirements
  • Management Letters
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