Payments to Originator. With respect to each Receivable and its Related Rights sold or contributed to the Borrower by PCC, the Borrower has given, and PCC has received, reasonably equivalent value in exchange therefor, and such transfer was not made for or on account of an antecedent debt. No transfer by PCC of any Receivable is or may be voidable under any section of the Federal Bankruptcy Code.
Appears in 2 contracts
Samples: Credit and Security Agreement (Precision Castparts Corp), Credit and Security Agreement (Precision Castparts Corp)