Value Given. The Issuing Entity shall have given reasonably equivalent value to the Depositor in consideration for the transfer by the Depositor to the Issuing Entity of each of the Receivables and the related Second Step Transferred Property under this Agreement.
Appears in 42 contracts
Sources: Receivables Transfer Agreement (Carvana Receivables Depositor LLC), Receivables Transfer Agreement (Carvana Auto Receivables Trust 2024-P2), Receivables Transfer Agreement (Carvana Auto Receivables Trust 2024-P2)