Common use of Payments to Seller Clause in Contracts

Payments to Seller. With regard to each Receivable sold by such Seller, the Purchase Price received by such Seller constitutes reasonably equivalent value in consideration therefor. No transfer hereunder by such Seller of any Receivable 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 (Bowater Inc)

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Payments to Seller. With regard to each Receivable sold by such Seller, the Purchase Price received by such Seller constitutes reasonably equivalent value in consideration therefor. No transfer hereunder by such Seller of any Receivable is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. ss.ss.101 ss.ss. 101 et seq.), as xs amended.

Appears in 1 contract

Samples: Receivables Sale Agreement (Bowater Inc)

Payments to Seller. With regard respect to each Receivable sold by such Sellerto Buyer hereunder, the Purchase Price received by such Seller constitutes reasonably equivalent value in consideration therefor. No transfer hereunder by such Seller of any Receivable is or may be voidable under any section of the Bankruptcy Reform Act of 1978 (11 U.S.C. ss.ss.101 et seqxx.xx. 101 ET SEQ.), as amended.

Appears in 1 contract

Samples: Receivables Sale Agreement (Equifax Inc)

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Payments to Seller. With regard respect to each Receivable sold by such Sellertransferred to the Buyer hereunder, the Purchase Price received by such the Seller constitutes reasonably equivalent value in consideration therefortherefor and such transfer was not made for or on account of an antecedent debt. No transfer hereunder by such the Seller 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 §§ 101 et seq.), as amended.

Appears in 1 contract

Samples: Receivables Sale Agreement (Anixter International Inc)

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