Common use of Preference; Voidability Clause in Contracts

Preference; Voidability. In the case of the SPV, it shall have given reasonably equivalent value to each Originator in consideration for the transfer to it of the Affected Assets from such Originator, and each such transfer shall not have been made for or on account of an antecedent debt owed by any Originator to it and no such transfer is or may be voidable under any section of the Bankruptcy Code.

Appears in 8 contracts

Samples: Transfer and Administration Agreement (Greif, Inc), Transfer and Administration Agreement (Greif, Inc), Transfer and Administration Agreement (Greif Inc)

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Preference; Voidability. In the case of the SPV, it The SPV shall have given reasonably equivalent value to each Originator in consideration for the transfer to it the SPV of the Affected Conveyed Receivables and Related Assets from such Originator, and each such transfer shall not have been made for or on account of an antecedent debt owed by any Originator to it the SPV and no such transfer is or may be voidable under any section of the Bankruptcy Code.

Appears in 6 contracts

Samples: Sale Agreement (Greif Inc), Sale Agreement (Greif, Inc), Sale Agreement (Greif Inc)

Preference; Voidability. In the case of the SPV, it The SPV shall have given reasonably equivalent value to each the Originator in consideration for the transfer to it of the Affected Assets from such Originator, the Originator and each such transfer shall not have been made for or on account of an antecedent debt owed by any the Originator to it and no such transfer is or may be voidable under any section of the Bankruptcy Code.

Appears in 3 contracts

Samples: Loan and Administration Agreement (Commercial Credit, Inc.), Loan and Administration Agreement (Commercial Credit, Inc.), Loan and Administration Agreement (Commercial Credit, Inc.)

Preference; Voidability. In the case of the SPV, it Each SPV shall have given reasonably equivalent value to each the applicable Originator in consideration for the transfer to it of the Affected Assets from such Originator, Originator and each such transfer shall not have been made for or on account of an antecedent debt owed by any such Originator to it and no such transfer is or may be voidable under any section of the Bankruptcy CodeCode or Canadian Insolvency Legislation, as the case may be.

Appears in 1 contract

Samples: Loan and Administration Agreement (Commercial Credit, Inc.)

Preference; Voidability. In the case of the SPV, it shall have given reasonably equivalent value to each Originator in consideration for the transfer to it of the Affected Assets from such Originator, and each such transfer shall not have been made for or on 52 account of an antecedent debt owed by any Originator to it and no such transfer is or may be voidable under any section of the Bankruptcy Code.

Appears in 1 contract

Samples: Transfer and Administration Agreement (Greif, Inc)

Preference; Voidability. In the case of the SPV, it shall have given reasonably equivalent approximately fair market value to each the applicable Originator in consideration for the transfer to it of the Affected Assets from such Originator, and each such transfer shall not have been made for or on account of an antecedent debt owed by any such Originator to it and no such transfer is or may be voidable under any section of the Bankruptcy Codeapplicable Debtor Relief Laws.

Appears in 1 contract

Samples: Canadian Transfer and Administration Agreement (Colliers International Group Inc.)

Preference; Voidability. In the case of the SPV, it shall have given reasonably equivalent value to each the Originator in consideration for the transfer to it of the Affected Assets from such the Originator, and each such transfer shall not have been made for or on account of an antecedent debt owed by any the Originator to it and no such transfer is or may be voidable under any section of the Bankruptcy Code.

Appears in 1 contract

Samples: Transfer and Administration Agreement (Norfolk Southern Corp)

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Preference; Voidability. In the case of the SPV, it shall have given reasonably equivalent value to each the related Originator in consideration for the transfer to it of the Affected Assets from such Originator, and each such transfer shall not have been made for or on account of an antecedent debt owed by any such Originator to it and no such transfer is or may be voidable under any section of the Bankruptcy Code.

Appears in 1 contract

Samples: Transfer and Administration Agreement (Boise Cascade Co)

Preference; Voidability. In the case of the SPV, it shall have given reasonably equivalent value to each the applicable Originator in consideration for the transfer to it of the Affected Assets from such Originator, and each such transfer shall not have been made for or on account of an antecedent debt owed by any such Originator to it and no such transfer is or may be voidable under any section of the Bankruptcy Code.

Appears in 1 contract

Samples: Transfer and Administration Agreement (Colliers International Group Inc.)

Preference; Voidability. In the case of the SPV, it shall have given reasonably equivalent value to each Originator in consideration for the transfer to it of the Affected Assets from such Originator, and each such transfer shall not have been made for or on 50 account of an antecedent debt owed by any Originator to it and no such transfer is or may be voidable under any section of the Bankruptcy Code.

Appears in 1 contract

Samples: Transfer and Administration Agreement (Greif, Inc)

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