Common use of Conditions of Seller’s Obligations Clause in Contracts

Conditions of Seller’s Obligations. The obligations of the Seller under this Agreement shall be subject to the satisfaction, on the Closing Date of the following conditions: (a) Each of the obligations of the Purchaser required to be performed by it at or prior to the Closing pursuant to the terms of this Agreement shall have been duly performed and complied with and all of the representations and warranties of the Purchaser contained in this Agreement shall be true and correct as of the Closing Date. (b) The Seller shall have received an executed receipt acknowledging delivery of the Mortgage Loans and the Mortgage Loan Schedule to the Indenture Trustee. (c) The Purchaser shall have furnished the Seller with such other certificates of its officers or others and such other documents to evidence fulfillment of the conditions set forth in this Agreement as the Seller may reasonably request.

Conditions of Seller’s Obligations. The obligations of the Seller under this Agreement shall be subject to the satisfaction, on the Closing Date Date, of the following conditions: (a) Each of the obligations of the Purchaser required to be performed by it at or prior to the Closing Date pursuant to the terms of this Agreement shall have been duly performed and complied with and all of the representations and warranties of the Purchaser contained in this Agreement shall be true and correct as of the Closing Date. (b) The Seller shall have received an executed receipt acknowledging delivery of the Mortgage Loans and the Mortgage Loan Schedule to the Indenture Trustee. (c) The Purchaser shall have furnished the Seller with such other certificates of its officers or others and such other documents to evidence fulfillment of the conditions set forth in this Agreement as the Seller may reasonably request.