Common use of Payments to Originator Clause in Contracts

Payments to Originator. With respect to each Receivable transferred to Buyer hereunder, the Purchase Price received by Originator constitutes reasonably equivalent value in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by Originator of any Receivable hereunder is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ 101 et seq.), as amended.

Appears in 10 contracts

Samples: Securitization Property Servicing Agreement (Consumers Energy Co), Securitization Property Servicing Agreement (Consumers Energy Co), Receivables Sale Agreement (CMS Energy Corp)

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Payments to Originator. With respect to each Receivable transferred to Buyer by such Originator hereunder, the Purchase Price received by such Originator constitutes reasonably equivalent value in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by such Originator of any Receivable hereunder is or may be voidable under any section of the Federal Bankruptcy Reform Act of 1978 (11 U.S.C. §§ 101 et seqCode.), as amended.

Appears in 7 contracts

Samples: Receivables Sale Agreement (Patterson Companies, Inc.), Receivables Sale Agreement, Receivables Sale Agreement (Patterson Companies, Inc.)

Payments to Originator. With respect to each Receivable transferred to Buyer hereunder, the Purchase Price received by Originator constitutes reasonably equivalent value in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by Originator of any Receivable hereunder is or may be voidable under any section of the Federal Bankruptcy Reform Act of 1978 (11 U.S.C. §§ 101 et seqCode.), as amended.

Appears in 7 contracts

Samples: Receivables Sale Agreement (Avnet Inc), Receivables Sale Agreement (Avnet Inc), Receivables Sale Agreement (Puget Energy Inc /Wa)

Payments to Originator. With respect to each Receivable transferred to Buyer hereunder, the Purchase Price received by Originator constitutes reasonably equivalent value in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by Originator of any Receivable hereunder is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ Sections 101 et seq.), as amended.

Appears in 6 contracts

Samples: Receivables Sale Agreement (Pennsylvania Electric Co), Receivables Sale Agreement (Pennsylvania Electric Co), Receivables Sale Agreement (Avnet Inc)

Payments to Originator. With respect to each Receivable of the Receivables originated by it and transferred to Buyer hereunder, the Purchase Price received by Originator it constitutes reasonably equivalent value in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by Originator it of any Receivable hereunder is or may be voidable under any section of the Federal Bankruptcy Reform Act of 1978 (11 U.S.C. §§ 101 et seqCode or other statutory provisions or common law or equitable action by any Person.), as amended.

Appears in 4 contracts

Samples: Receivables Sale Agreement (Tennessee Gas Pipeline Co), Receivables Sale Agreement (Colorado Interstate Gas Co), Receivables Sale Agreement (Southern Natural Gas Co)

Payments to Originator. With respect to each Receivable transferred to Buyer hereunder, the Purchase Price received by such Originator constitutes reasonably equivalent value in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by such Originator of any Receivable hereunder is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ 101 et seq.), as amended.

Appears in 4 contracts

Samples: Receivables Purchase Agreement (Insight Enterprises Inc), Receivables Sale Agreement (Arch Chemicals Inc), Receivables Sale Agreement (Arch Chemicals Inc)

Payments to Originator. With respect regard to each Receivable transferred to Buyer hereunderoriginated by such Originator, the Purchase Price received received, or to be received, by such Originator constitutes constitutes, or will constitute, reasonably equivalent value in consideration therefor and such transfer was not made for or on account of an antecedent debttherefor. No transfer hereunder by such Originator of any Receivable hereunder is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ 101 et seq.), as amended.

Appears in 3 contracts

Samples: Receivables Contribution and Sale Agreement (Jarden Corp), Receivables Contribution and Sale Agreement (Jarden Corp), Receivables Contribution and Sale Agreement (Jarden Corp)

Payments to Originator. With respect to each Purchased Receivable transferred to Buyer hereunderthe Borrower under the Receivables Sale Agreement, the Purchase Price received by Originator constitutes Borrower has given reasonably equivalent value to the applicable Originator in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by an Originator of any Purchased Receivable hereunder under the Receivables Sale Agreement is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ 101 et seq.), as amended.

Appears in 3 contracts

Samples: Receivables Loan Agreement (Arcbest Corp /De/), Receivables Loan Agreement (Arcbest Corp /De/), Receivables Loan Agreement (Arcbest Corp /De/)

Payments to Originator. With respect to each Receivable transferred to Buyer the Purchaser hereunder, the Purchase Price received by the Originator constitutes reasonably equivalent value in consideration therefor and such thereof. No transfer was not by the Originator to the Purchaser of a Receivable has been made for or on account of an antecedent debt. No transfer debt owned by the Originator of any Receivable hereunder to the Purchaser and no such sale is or may be voidable or subject to avoidance under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ 101 et seqCode.), as amended.

Appears in 2 contracts

Samples: Purchase and Contribution Agreement (Tampa Electric Co), Purchase and Contribution Agreement (Teco Energy Inc)

Payments to Originator. With respect to each Receivable transferred to Buyer hereunder, the Purchase Price received by Originator constitutes reasonably equivalent value in consideration therefor therefor, taking into account any increase in the balance of the amounts payable by the Buyer under the Subordinated Note, and such transfer was not made for or on the account of an any antecedent debt. No transfer by Originator of any Receivable hereunder is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ 101 et seq.), as amended.

Appears in 2 contracts

Samples: Receivables Sale Agreement (Timken Co), Receivables Sale Agreement (Timken Co)

Payments to Originator. With respect to each Receivable transferred to Buyer hereunder, the Purchase Price received by Originator constitutes reasonably equivalent value in consideration therefor and such transfer was not made for or on account of an antecedent debttherefor. No transfer by Originator of any Receivable hereunder is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ 101 et seq.seq . ), as amended.

Appears in 2 contracts

Samples: Receivables Sale Agreement (Adc Telecommunications Inc), Receivables Sale Agreement (Adc Telecommunications Inc)

Payments to Originator. With respect to each Receivable transferred to Buyer hereunder, the Purchase Price received by such Originator constitutes reasonably equivalent value in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by such Originator of any Receivable hereunder is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ Sections 101 et seq.), as amended.

Appears in 2 contracts

Samples: Receivables Sale Agreement (Arch Chemicals Inc), Receivables Sale Agreement (Insight Enterprises Inc)

Payments to Originator. With respect to each Receivable Receivable, Related Security and Collection transferred to Buyer hereunder, the Purchase Price received by Originator it constitutes reasonably equivalent value (determined as of the date of such transfer) in consideration therefor and such transfer was not made for or on account of an antecedent debttherefor. No transfer by Originator it of any Receivable hereunder is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ Sections 101 et seq.), as amended.

Appears in 2 contracts

Samples: Receivables Sale Agreement (Allied Waste Industries Inc), Receivables Sale Agreement (Allied Waste Industries Inc)

Payments to Originator. With respect to each Purchased Receivable transferred to Buyer hereunderthe Borrower under the Receivables Sale Agreement, the Purchase Price received by Originator constitutes Borrower has given reasonably equivalent value to the Originator in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by the Originator of any Purchased Receivable hereunder under the Receivables Sale Agreement is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ 101 et seq.), as amended.

Appears in 2 contracts

Samples: Receivables Loan Agreement (Arkansas Best Corp /De/), Receivables Loan Agreement (Arkansas Best Corp /De/)

Payments to Originator. With respect to each Receivable transferred to Buyer hereunder, the The Purchase Price and other consideration received by Originator hereunder constitutes reasonably equivalent value in consideration therefor for the Purchases hereunder and no such transfer was not Purchase shall have been made for or on account of an antecedent debt. No debt owed by the Originator to the Buyer and no such transfer by Originator of any Receivable hereunder is or may be voidable under any section Section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ 101 et seq.), as amended.

Appears in 1 contract

Samples: Transfer Agreement (Bon Ton Stores Inc)

Payments to Originator. With respect to each Receivable transferred to Buyer hereunder, the Purchase Price received by Originator constitutes reasonably equivalent value in consideration therefor therefor, and such transfer was not made for or on account of an antecedent debt. No transfer by Originator of any Receivable hereunder is or may May be voidable under any section Section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ xx.xx. 101 et seq.), as amended.

Appears in 1 contract

Samples: Receivables Sale Agreement (Trendwest Resorts Inc)

Payments to Originator. With respect to each Receivable of the Receivables originated by it and transferred to Buyer hereunder, the Purchase Price received by Originator it constitutes reasonably equivalent value in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by Originator it of any Receivable hereunder is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ ss.ss. 101 et seq.), as amended.

Appears in 1 contract

Samples: Receivables Sale Agreement (PNM Resources Inc)

Payments to Originator. With respect to each Receivable transferred to Buyer hereunder, the Purchase Price received by Originator it constitutes reasonably equivalent value in consideration therefor and such transfer was not made for or on account of an antecedent debttherefor. No transfer by Originator it of any Receivable hereunder is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ ss.ss. 101 et seq.), as amended.

Appears in 1 contract

Samples: Receivables Sale Agreement (Vitro Sa De Cv)

Payments to Originator. With respect to each Receivable transferred to Buyer hereunderPurchased Receivable, the Purchase Price received by Originator constitutes Buyer has given reasonably equivalent value to the Originator in consideration therefor and such transfer was not made for or on account of an antecedent debt. No At the time of its sale or contribution hereunder, no transfer by the Originator of any Purchased Receivable hereunder is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ 101 et seq.), as amended.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Zebra Technologies Corp)

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Payments to Originator. With respect to each Qualified Receivable transferred to Buyer hereunder, the Purchase Price received by Originator constitutes reasonably equivalent value in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by Originator of any Qualified Receivable hereunder is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ 101 et seq.), as amended.

Appears in 1 contract

Samples: Receivables Sale Agreement (Gehl Co)

Payments to Originator. With respect to each Receivable transferred to Buyer hereunder, the Purchase Price received by such Originator constitutes reasonably equivalent value in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by such Originator of any Receivable hereunder is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ 101 et seq.), as amended. xxxviii. xxxix.

Appears in 1 contract

Samples: Receivables Sale Agreement (Kinder Morgan Inc)

Payments to Originator. With respect to each Purchased Receivable transferred to Buyer hereunderoriginated by such Originator, the Purchase Price received by Originator constitutes Buyer has given reasonably equivalent value to such Originator in consideration therefor and such transfer was not made for or on account of an antecedent debt. No At the time of its sale or contribution hereunder, no transfer by such Originator of any Purchased Receivable hereunder is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ 101 et seq.), as amended.

Appears in 1 contract

Samples: Receivables Sale and Contribution Agreement (DCP Midstream, LP)

Payments to Originator. With respect to each Receivable transferred to Buyer hereunder, the Purchase Price to be received by Originator constitutes will constitute reasonably equivalent value in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by Originator of any Receivable hereunder is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ Sections 101 et seq.), as amended.

Appears in 1 contract

Samples: Receivables Sale Agreement (Hypercom Corp)

Payments to Originator. With respect regard to each Receivable transferred to Buyer hereunderEligible Receivable, the Purchase Price received by Originator constitutes reasonably equivalent value in consideration therefor and such transfer was not made for or on account of an antecedent debttherefor. No transfer hereunder by Originator of any Receivable hereunder is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ Sections 101 et seq.), as amended.

Appears in 1 contract

Samples: Receivables Sale Agreement (Oxford Industries Inc)

Payments to Originator. With respect to each Receivable transferred to Buyer hereunderPurchased Receivable, the Purchase Price received by Originator constitutes Buyer has given reasonably equivalent value to such Originator in consideration therefor and such transfer was not made for or on account of an antecedent debt. No At the time of its sale or contribution hereunder, no transfer by such Originator of any Purchased Receivable hereunder is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ 101 et seq.), as amended.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Davey Tree Expert Co)

Payments to Originator. With respect to each Receivable transferred to Buyer hereunder, the The Purchase Price received by Originator for each Receivable purchased hereunder or under any Existing Agreement constitutes reasonably equivalent value in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by Originator of any Receivable hereunder or under any Existing Agreement is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ ss.ss. 101 et seq.), as amendedamxxxxx.

Appears in 1 contract

Samples: Receivables Sale Agreement (Interface Inc)

Payments to Originator. With respect to each Receivable transferred to Buyer hereunder, the Purchase Price received by Originator it constitutes reasonably equivalent value in consideration therefor and such transfer was not made for or on account of an antecedent debttherefor. No transfer by Originator it of any Receivable hereunder is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ 101 et seq.), as amended.

Appears in 1 contract

Samples: Receivables Sale Agreement (PPL Electric Utilities Corp)

Payments to Originator. With respect to each Receivable transferred to Buyer hereunder, the Purchase Price received by Originator constitutes reasonably equivalent value in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by Originator of any Receivable hereunder is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ '' 101 et seq.), as amended.

Appears in 1 contract

Samples: Receivables Sale Agreement (School Specialty Inc)

Payments to Originator. With respect to each Receivable transferred to Buyer hereunder, the Purchase Price received by Originator constitutes reasonably equivalent value in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by Originator of any Receivable hereunder is or may be voidable as a fraudulent transfer under any section Section 547 of the Federal Bankruptcy Reform Act Code or a voidable preference under Section 548 of 1978 (11 U.S.C. §§ 101 et seqthe Federal Bankruptcy Code.), as amended.

Appears in 1 contract

Samples: Receivables Sale Agreement (Marathon Petroleum Corp)

Payments to Originator. With respect to each Receivable transferred to Buyer hereunder, the Purchase Price received by Originator constitutes reasonably equivalent value in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by Originator of any Receivable hereunder is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ 101 et seq.), as amended.

Appears in 1 contract

Samples: Receivables Sale Agreement (Avnet Inc)

Payments to Originator. With respect to each Receivable transferred to Buyer the Company hereunder, the Purchase Price received by the Originator constitutes reasonably equivalent value in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by the Originator of any Receivable hereunder is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ Sections 101 et seq.), as amended.

Appears in 1 contract

Samples: Purchase and Sale Agreement (Louisville Gas & Electric Co /Ky/)

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