Valid Transaction Sample Clauses
The 'Valid Transaction' clause defines the criteria that a transaction must meet to be recognized as legitimate and enforceable under the agreement. Typically, this involves specifying requirements such as proper authorization, compliance with applicable laws, and adherence to agreed-upon procedures or documentation. For example, a valid transaction might require signatures from authorized representatives or confirmation of payment terms. The core function of this clause is to ensure that only properly executed and compliant transactions are binding, thereby reducing the risk of disputes over unauthorized or improper dealings.
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Valid Transaction. Any transfer made by Seller of any right, title or interest in or to the Assets does not and will not constitute a fraudulent conveyance under any applicable Law. Without limiting the generality of the foregoing, Seller acknowledges and agrees that such transfer is being made for a valid business purpose and for fair consideration. Seller has not taken any action with the intent to hinder or delay payment to any of its creditors.
Valid Transaction. Every Order that results in the Delivery by Merchant to Customer of the Product in respect of which Customer Order was placed.
Valid Transaction. 25 Section 7.20. Undisclosed Liabilities............................... 26 Section 7.21. DCS Cell Sites........................................ 26 Section 7.22. CALEA................................................. 26 Section 7.23. Subscriber Agreements................................. 26 Section 7.24. Inventory............................................. 26 Section 7.25. Pre-Paid Subscribers.................................. 27
Valid Transaction. Any transfer made by AWS or any Affiliate of any right, title or interest in or to the Alaska Assets does not constitute a fraudulent conveyance under any applicable Law. Without limiting the generality of the foregoing, (a) such transfer is being made for a valid business purpose and (b) such transfer is being made for fair consideration. Neither AWS nor any of its Affiliates has taken any action with the intent to hinder or delay payment to any creditors of AWS or its Affiliates.
Valid Transaction. 38 Section 8.20. Undisclosed Liabilities............................... 38 Section 8.21. AWS Cell Sites........................................ 38 Section 8.22. CALEA................................................. 39 Section 8.23. Subscriber Agreements................................. 39 Section 8.24. Inventory............................................. 39
Valid Transaction. Any transfer made by DCS or any Affiliate of any right, title or interest in or to the California Assets does not constitute a fraudulent conveyance under any applicable Law. Without limiting the generality of the foregoing, (a) such transfer is being made for a valid business purpose and (b) such transfer is being made for fair consideration. Neither DCS nor any of its Affiliates has taken any action with the intent to hinder or delay payment to any creditors of DCS or any Affiliate.
