Common use of Payments to Originator Clause in Contracts

Payments to Originator. With respect to each Receivable transferred to Seller under the Receivables Sale Agreement, Seller has given reasonably equivalent value to Originator in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by Originator of any Receivable 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 9 contracts

Samples: Receivables Purchase Agreement (Graybar Electric Co Inc), Receivables Purchase Agreement (Energizer Holdings Inc), Receivables Purchase Agreement (Flowserve Corp)

AutoNDA by SimpleDocs

Payments to Originator. With respect to each Receivable transferred to Seller under the Receivables Sale Agreement, Seller has given reasonably equivalent value to Originator in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by Originator of any Receivable under the Receivables Sale Agreement 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 4 contracts

Samples: Receivables Purchase Agreement (Pennsylvania Power Co), Receivables Purchase Agreement (Timken Co), Receivables Purchase Agreement (Metropolitan Edison Co)

Payments to Originator. With respect to each Receivable transferred to the Seller under the Receivables Sale Agreement, the Seller 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 Receivable 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: Securitization Property Servicing Agreement (Consumers Energy Co), Receivables Purchase Agreement (CMS Energy Corp), Securitization Property Servicing Agreement (Consumers Energy Co)

Payments to Originator. With respect to each Receivable transferred to Seller under the Receivables Sale Agreement, Seller has given reasonably equivalent value to Originator in consideration therefor for the Asset Interest and such transfer was not made for or on account of an antecedent debt. No The transfer by Originator of any Receivable the Asset Interest under the Receivables Receivable Interest Sale Agreement is or may be not 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 Purchase Agreement (Ferrellgas Partners L P), Receivables Purchase Agreement (Ferrellgas Partners Finance Corp)

Payments to Originator. With respect to each Receivable transferred to Seller under the Receivables Sale Agreement, Seller has given reasonably equivalent value to Originator in consideration therefor for the Receivables and such transfer was not made for or on account of an antecedent debt. No The transfer by Originator of any Receivable the Receivables under the Receivables Receivable Sale Agreement is or may be not 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 Purchase Agreement (Ferrellgas Partners Finance Corp), Receivables Purchase Agreement (Ferrellgas Partners Finance Corp)

Payments to Originator. With respect to each Receivable transferred sold to the Seller under by the Receivables Sale AgreementOriginator, the Seller has given reasonably equivalent value to the Originator in consideration therefor for such Receivable and the Related Security with respect thereto under the Sale Agreement and such transfer was not made for or on account of an antecedent debt. No transfer by the Originator of any Receivable under the Receivables Sale Agreement 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 2 contracts

Samples: Receivables Purchase Agreement (Eastman Chemical Co), Receivables Purchase Agreement (Eastman Chemical Co)

Payments to Originator. With respect to each Receivable transferred to Seller under the Receivables Sale Agreement, Seller has given reasonably equivalent value to Originator in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by Originator of any Receivable 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 1 contract

Samples: Receivables Purchase Agreement (School Specialty Inc)

Payments to Originator. With respect to each Receivable transferred to Seller under the Receivables Sale AgreementSeller, the Seller has given reasonably equivalent value to the Originator in consideration therefor for such transfer of such Receivable and the Related Security with respect thereto under the Sale Agreement and such transfer was not made for or on account of an antecedent debt. No transfer by the Originator of any Receivable under the Receivables Sale Agreement is or may be voidable under any section Section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ Section 101 et seq.), as amended.

Appears in 1 contract

Samples: Receivables Purchase Agreement (JPF Acquisition Corp)

Payments to Originator. With respect to each Receivable transferred to Seller under the Receivables Sale Agreement, Seller has given reasonably equivalent value to Originator in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by Originator of any Receivable under the Receivables Sale Agreement 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 Purchase Agreement (Omnova Solutions Inc)

Payments to Originator. With The Seller represents and warrants with respect to each Receivable transferred to Seller under the Receivables Sale Agreement, Seller has given reasonably equivalent value to Originator in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by Originator of any Receivable under the Receivables Sale Agreement is or may be voidable under any section Section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ Sections 101 et seq.), as amended.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Ceridian Corp /De/)

Payments to Originator. With respect to each Receivable transferred to Seller under the Receivables Sale Agreement, Seller has given reasonably equivalent value to the Originator in consideration therefor therefor, and such transfer was not made for or on account of an antecedent debt. No transfer by the Originator of any Receivable under the Receivables Sale Agreement is or 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 Purchase Agreement (Trendwest Resorts Inc)

Payments to Originator. With respect to each Receivable transferred to Seller under the Receivables Sale Agreement, Seller 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 Receivable under the Receivables Sale Agreement 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 Purchase Agreement (Hypercom Corp)

Payments to Originator. With respect to each Receivable transferred to Seller under the Receivables Sale Agreement, Seller 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 Receivable 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 1 contract

Samples: Receivables Purchase Agreement (Airborne Inc /De/)

AutoNDA by SimpleDocs

Payments to Originator. With respect to each Receivable transferred to Seller under the Receivables Sale Agreement, Seller 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 Receivable under the Receivables Sale Agreement is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ Sec. 101 et seq.), as amended.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Airborne Inc /De/)

Payments to Originator. With respect to each Receivable transferred to Seller under the Receivables Sale Agreement, Seller 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 Receivable under the Receivables Sale 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 amended.

Appears in 1 contract

Samples: Receivables Purchase Agreement (PNM Resources Inc)

Payments to Originator. With respect to each Receivable transferred to Seller under the Receivables Sale Agreement, Seller has given reasonably equivalent value to Originator in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by Originator of any Receivable under the Receivables Sale Agreement 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 1 contract

Samples: Receivables Purchase Agreement (Puget Sound Energy Inc)

Payments to Originator. With respect to each Receivable transferred to Seller under the Receivables Sale AgreementSeller, the Seller has given reasonably equivalent value to the Originator in consideration therefor for such transfer of such Receivable and the Related Security with respect thereto under the Sale Agreement and such transfer was not made for or on account of an antecedent debt. No transfer by the Originator of any Receivable under the Receivables Sale Agreement is or may be voidable under any section Section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ Section Section 101 et seq.), as amended.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Yellow Corp)

Payments to Originator. With respect to each Receivable transferred to Seller under the Receivables Sale Agreement, Seller has given reasonably equivalent value to the applicable Originator in consideration therefor for the Receivables originated by such Originator and such transfer was not made for or on account of an antecedent debt. No The transfer by each Originator of any Receivable the Receivables originated by it under the Receivables Receivable Sale Agreement is or may be not 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 (Ferrellgas Partners Finance Corp)

Payments to Originator. With respect to each Receivable transferred to Seller under the Receivables Sale Agreement, Seller has given reasonably equivalent value to Originator in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by Originator of any Receivable under the Receivables Sale Agreement 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 Purchase Agreement (Marathon Petroleum Corp)

Payments to Originator. With respect to each Receivable transferred to Seller under the Receivables Sale Agreement, Seller 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 Originator of any Receivable 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 1 contract

Samples: Receivables Purchase Agreement (Edwards Lifesciences Corp)

Time is Money Join Law Insider Premium to draft better contracts faster.