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Common use of Valid Business Reasons Clause in Contracts

Valid Business Reasons. First Union has valid business reasons for selling its interest in the Conveyed Assets rather than obtaining a loan with the Conveyed Assets as collateral;

Appears in 6 contracts

Sources: Receivables Transfer Agreement (First Sierra Receivables Iii Inc), Receivables Transfer Agreement (First Sierra Receivables Iii Inc), Receivables Transfer Agreement (First Sierra Receivables Iii Inc)

Related Clauses

  • Business Relations
  • Continued Business
  • BUSINESS REVIEWS
  • Competing Products
  • Non-Company Business

Parent Clauses

  • Representations and Warranties
  • Representations and Warranties of the Originator
  • Representations and Warranties of First Sierra
  • SELLERS’ REPRESENTATIONS
  • SELLERS AND THE GUARANTOR REPRESENTATIONS
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