Common use of Conditions Precedent to all Loans and Substitutions Clause in Contracts

Conditions Precedent to all Loans and Substitutions. The making of any Loan or the permitting of any substitution of Substitute Collateral by MLMCI hereunder is, except as otherwise provided in this Section 7, subject to compliance by Assignor with the following conditions precedent and the other terms and conditions hereof and, the giving of any notice by

Appears in 2 contracts

Samples: Master Assignment Agreement (Onyx Acceptance Corp), Master Assignment Agreement (Pacificamerica Money Center Inc)

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Conditions Precedent to all Loans and Substitutions. The making of any Loan or the permitting of any substitution of Substitute Collateral by MLMCI hereunder hereun er is, except as otherwise provided in this Section 7, subject to compliance by Assignor with the following conditions precedent and the other terms and conditions hereof and, the giving of any notice byby Assignor with respect to a Loan pursuant to Section 4 and the acceptance of the Proceeds of any Loan by Assignor and the substitution of any Substitute Collateral shall be deemed certification by Assignor that the following conditions shall have been met:

Appears in 1 contract

Samples: Master Assignment Agreement (Firstplus Financial Group Inc)

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Conditions Precedent to all Loans and Substitutions. The making of any Loan or the permitting of any substitution of Substitute Collateral by MLMCI hereunder is, except as otherwise provided in this Section 7, subject to compliance by Assignor with the following conditions precedent and the other terms and conditions hereof and, the giving of any notice byby Assignor with respect to a Loan pursuant to Section 4 and the acceptance of the Proceeds of any

Appears in 1 contract

Samples: Master Assignment Agreement (Chastain Capital Corp)

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