Common use of Fair Consideration Clause in Contracts

Fair Consideration. The consideration received by the Seller, in exchange for the contribution and transfer of the Leases, the grant of the security interest in the interests of the Seller in the Equipment and the assignment and contribution of the covenants, representations, warranties and obligations of the Originator (including the Originator's Purchase Obligation) under this Assignment and Servicing Agreement, is fair consideration having value equivalent to or in excess of the value of the assets being contributed by the Seller.

Fair Consideration. The consideration received by the Seller, in exchange for the contribution and transfer of the Leases, the grant of the security interest in the interests of the Seller in the Equipment and the assignment and contribution of the covenants, representations, warranties and obligations of the Originator (including the Originator's Purchase Obligation) under this Assignment and Servicing Agreement, is fair consideration having value equivalent to or in excess of the value of the assets being contributed by the SellerSeller and transactions between the Seller and the Originator are generally reflective of arm's length transactions.

Fair Consideration. The consideration received by the Seller, in exchange for the contribution and transfer of the Leases, Leases (including the grant right to receive all payments due or to become due thereunder) and the contribution of the security interest its interests (other than its ownership interest) in the interests of the Seller in the Equipment Equipment, and the assignment and contribution of the covenants, representations, warranties and obligations of the Originator (including the Originator's Purchase Obligation) under this Assignment and Servicing Agreement, Agreement is fair consideration having value equivalent to or in excess of the value of the assets being contributed by the Seller.