Value Given. The Grantor Trust shall have given reasonably equivalent value to the Issuing Entity in consideration for the transfer by the Issuing Entity to the Grantor Trust of each of the Receivables and the related Third Step Transferred Property under this Agreement.
Appears in 35 contracts
Sources: Receivables Contribution Agreement (Carvana Auto Receivables Trust 2025-P2), Receivables Contribution Agreement (Carvana Auto Receivables Trust 2025-P2), Receivables Contribution Agreement (Carvana Auto Receivables Trust 2025-P1)
Value Given. The Grantor Trust shall have given reasonably equivalent value to the Issuing Entity in consideration for the transfer by the Issuing Entity to the Grantor Trust of each of the Receivables and the related Third Step Transferred Property under this Agreement.
Appears in 2 contracts
Sources: Receivables Contribution Agreement (World Omni Auto Receivables LLC), Receivables Contribution Agreement (World Omni Auto Receivables LLC)