Value Received Sample Clauses
Value Received. The Seller has received fair consideration and reasonably equivalent value from the Purchaser in exchange for the Sale of such Sale Portfolio Sold hereunder. No such Sale has been made for or on account of an antecedent debt and no such transfer is or may be voidable or subject to avoidance under any section of the Bankruptcy Code.
Value Received. 11.1 The BUYER acknowledges and confirms that should he fail to comply with this obligations, the SELLER will have a liquidated claim for value received by the BUYER.
Value Received. GUARANTOR ACKNOWLEDGES THAT FLEET IS RELYING THE -------------- AGREEMENTS, REPRESENTATIONS AND WARRANTIES CONTAINED IN THIS RELEASE IN ENTERING INTO THE POST-PETITION LOAN DOCUMENTS WITH DEBTOR AND WOULD NOT ENTER INTO THE POST-PETITION LOAN DOCUMENTS OR OTHER DOCUMENTS CONTEMPLATED BY THE POST- PETITION LOAN DOCUMENTS BUT FOR SUCH AGREEMENTS, REPRESENTATIONS AND WARRANTIES. EXECUTED EFFECTIVE the day and year first written above.
Value Received. Pursuant to Section 1.3 of the Convertible Note, the Note is issued solely for value received. The parties hereby acknowledge that GPL will wire the Company $26,000, which shall be considered Consideration, and is value received under the Note. The Consideration brings total Value Received to $61,000 under the Note.