Compliance with Operative Agreements and Receivable Agreements. Prior to the Effective Time for a Transferred Interest, Assignee will have complied with and satisfied all of the conditions, requirements and other obligations imposed on Assignee pursuant to each of the Leases, Trust Agreements, other Operative Agreements or any of the Receivable Agreements which have not been waived by the party entitled to require compliance with such conditions, requirements or other obligations in order to effect a permitted binding transfer of such Transferred Interests to Assignee.
Appears in 4 contracts
Samples: Purchase, Assignment and Assumption Agreement (Polaris Aircraft Income Fund V), Assignment and Assumption Agreement (Polaris Aircraft Income Fund Ii), Participation Agreement (Polaris Aircraft Income Fund Ii)
