Common use of Payments to Originators Clause in Contracts

Payments to Originators. With respect to each Receivable transferred to the applicable Seller by each Originator under the Receivables Sale Agreement to which it is a party, such Seller 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 transfer by any Originator of any Receivable under any 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 5 contracts

Samples: Receivables Purchase Agreement (Dean Foods Co), Receivables Purchase Agreement (Dean Foods Co), Receivables Purchase Agreement (Dean Foods Co)

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Payments to Originators. With respect to each Receivable transferred to the applicable Seller by each Originator under the Receivables Sale Agreement to which it is a partyAgreement, such Seller has given reasonably equivalent value to such the applicable Originator in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by any Originator of any Receivable under any 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 3 contracts

Samples: Receivables Purchase Agreement (Lennox International Inc), Receivables Purchase Agreement (American Commercial Lines LLC), Receivables Purchase Agreement (Insight Enterprises Inc)

Payments to Originators. With respect to each Receivable transferred to the applicable Seller by each Originator under the Receivables Sale Agreement to which it is a party, such Seller has given reasonably equivalent value to such Originator in consideration therefor and such transfer of Receivables was not made for or on account of an antecedent debt. No transfer by any Originator of any Receivable under any 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 Purchase Agreement (Dean Foods Co), Receivables Purchase Agreement (Dean Foods Co), Receivables Purchase Agreement (Dean Foods Co)

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

Payments to Originators. With respect to each Receivable transferred to the applicable Seller by each Originator under the Receivables Sale Agreement to which it is a partyAgreements, such Seller has given reasonably equivalent value to such the applicable Originator in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by any Originator of any Receivable under any 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 Purchase Agreement (Timken Co), Assignment Agreement (Timken Co)

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

Payments to Originators. With respect to each Receivable transferred to the applicable Seller by each Originator under the Receivables Sale Agreement to which it is a partyAgreement, such Seller has given reasonably equivalent value to such the applicable Originator in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by any either Originator of any Receivable under any the Receivables Sale Agreement is or may be voidable under any 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

Payments to Originators. With respect to each Receivable transferred to the applicable Seller by each Originator under the Receivables Sale Agreement to which it is a party, such Seller 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 transfer by any Originator of any Receivable under any 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.. FIFTH AMENDED AND RESTATED RECEIVABLES PURCHASE AGREEMENT

Appears in 1 contract

Samples: Receivables Purchase Agreement (Dean Foods Co)

Payments to Originators. With respect to each Receivable transferred to the applicable Seller by each Originator under the Receivables Sale Agreement to which it is a partyAgreement, such Seller has given reasonably equivalent value to such the applicable Originator in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by any either Originator of any Receivable under any the Receivables Sale Agreement is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. §§ 101 ss.sx. 001 et seq.), as amended.

Appears in 1 contract

Samples: Receivables Purchase Agreement (Jabil Circuit Inc)

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Payments to Originators. With respect to each Receivable transferred to the applicable Seller by each Originator under the Receivables Sale Agreement to which it is a partyAgreement, such Seller has given reasonably equivalent value to such the applicable Originator in consideration therefor and such transfer was not made for or on account of an antecedent debt. No transfer by any Originator of any Receivable under any 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 (Performance Food Group Co)

Payments to Originators. With respect to each Receivable transferred sold to the applicable Seller by each Originator Buyer under this Agreement, the Receivables Sale Agreement to which it is a party, such Seller Buyer has given reasonably equivalent value to such the applicable Originator in consideration therefor for the transfer of such Receivable and the Related Security with respect thereto under this Agreement and such transfer was not made for or on account of an antecedent debt. No transfer sale by any such Originator to the Buyer of any Receivable under any 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 1 contract

Samples: Receivables Sale Agreement (Yellow Roadway Corp)

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

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

Payments to Originators. With respect to each Receivable transferred to the applicable Seller by each Originator under the Receivables Sale Agreement to which it is a partyAgreement, such Seller has given reasonably equivalent value to such the relevant Originator in consideration therefor and such transfer was not made for or on account of an antecedent debtdebt except in connection with the initial Purchase thereunder. No transfer by any Originator of any Receivable under any 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 (SCP Pool Corp)

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