Common use of Reasonably Equivalent Value Clause in Contracts

Reasonably Equivalent Value. The Borrower and each of its Subsidiaries has received reasonably equivalent value for the Obligations it has incurred, and the security interests and mortgages it has granted, hereunder and under the other Loan Documents. The incurrence by the Borrower and each of its Subsidiaries of their Obligations and the granting by the Borrower and each of its Subsidiaries of security interests and mortgages on their properties do not result in any fraudulent transfer or fraudulent conveyance within the meaning of any applicable federal or state statute or the interpretation thereof or relevant common law.

Reasonably Equivalent Value. The Borrower and each of its Subsidiaries has --------------------------- received reasonably equivalent value for the Obligations it has incurred, and the security interests and mortgages it has granted, hereunder and under the other Loan Documents. The incurrence by the Borrower and each of its Subsidiaries of their Obligations and the granting by the Borrower and each of its Subsidiaries of security interests and mortgages on their properties do not result in any fraudulent transfer or fraudulent conveyance within the meaning of any applicable federal or state statute or the interpretation thereof or relevant common law.

Reasonably Equivalent Value. The Borrower and each of its --------------------------- Subsidiaries has received reasonably equivalent value for the Obligations it has incurred, and the security interests and mortgages it has granted, hereunder and under the other Loan Documents. The incurrence by the Borrower and each of its Subsidiaries of their Obligations and the granting by the Borrower and each of its Subsidiaries of security interests and mortgages on their properties do not result in any fraudulent transfer or fraudulent conveyance within the meaning of any applicable federal or state statute or the interpretation thereof or relevant common law.