Conditions Precedent to All Purchases and Remittances of Collections Sample Clauses

Conditions Precedent to All Purchases and Remittances of Collections. Each Purchase (including the Initial Purchase) from the Seller by a Purchaser, the right of the Servicer to remit Collections to the Seller pursuant to Section 2.7(b) and each Incremental Purchase (each, a "Transaction") shall be subject to the further conditions precedent that (a) with respect to any Purchase (including the Initial Purchase) or Incremental Purchase, the Servicer shall have delivered to the Deal Agent, on or prior to the date of such Purchase or Incremental Purchase in form and substance satisfactory to the Deal Agent, (i) a Purchase Notice (Exhibit A), (ii) a Purchase Certificate (Exhibit G), and (iii) a Certificate of Assignment (Exhibit A to the Purchase and Sale Agreement) including Schedule I, thereto dated within 10 days prior to the date of such Purchase (other than the Initial Purchase, in which case such items shall be dated within 5 days prior to the date of such Initial Purchase) or Incremental Purchase and containing such additional information as may be reasonably requested by the Deal Agent; (b) on the date of such Transaction the following statements shall be true and the Seller shall be deemed to have certified that:
Sample 1Sample 2Sample 3See All (7)
AutoNDA by SimpleDocs
Conditions Precedent to All Purchases and Remittances of Collections. Each Purchase (including the Initial Purchase) from the Originator by the Buyer shall be subject to the further conditions precedent that (a) with respect to any such Purchase (other than the Initial Purchase), on or prior to the date of such Purchase, the Servicer shall have delivered to the Buyer, in each case in form and substance satisfactory to the Buyer, a completed Asset Report dated as of the most recent Asset Report Date, and a completed Weekly Settlement Report dated no more than seven Business Days prior to the date of such Purchase, and in each case containing such additional information as may be reasonably requested by the Buyer; (b) on the date of such Purchase, the following statements shall be true:
Sample 1Sample 2
Conditions Precedent to All Purchases and Remittances of Collections. Each Purchase (including the initial Purchase) from the Seller by the Purchaser, the right of the Collection Agent to remit Collections to the Seller pursuant to Section 2.05 and each Capital Increase shall be subject to the further conditions precedent that (a) with respect to any such Purchase or Capital Increase, on or prior to the date of such Purchase or Capital Increase, the Collection Agent shall have delivered to the Deal Agent, in each case in form and substance satisfactory to the Deal Agent, a completed Asset Report dated within 30 days prior to the date of such Purchase or Capital Increase, and a completed Daily Settlement Report dated no more than one Business Day prior to the date of such Purchase or Capital Increase, and in each case containing such additional information as may be reasonably requested by the Deal Agent; (b) on the date of such Purchase, remittance of Collections or Capital Increase the following statements shall be true and the Seller by accepting the amount of such Purchase or by receiving the proceeds of such reinvestment shall be deemed to have certified that:
Sample 1
Conditions Precedent to All Purchases and Remittances of Collections. Each Purchase (including the Initial Purchase) from the Seller by a Purchaser, the right of the Servicer to remit Collections to the Seller pursuant to Section 2.7(b) and each Incremental
Sample 1

Related to Conditions Precedent to All Purchases and Remittances of Collections

  • Conditions Precedent to All Purchases and Reinvestments Each purchase (including the initial purchase) and each reinvestment shall be subject to the further conditions precedent that:

  • Conditions Precedent to All Purchases Each Purchase (including the initial Purchase) hereunder shall be subject to the further conditions precedent that:

  • Conditions Precedent to All Advances The obligation of Bank to make each Advance, including the initial Advance, is further subject to the following conditions:

  • Conditions Precedent to All Credit Events The obligation of each Lender to make Loans (including Loans made on the Initial Borrowing Date), and the obligation of each Issuing Lender to issue Letters of Credit (including Letters of Credit issued on the Initial Borrowing Date), is subject, at the time of each such Credit Event (except as hereinafter indicated), to the satisfaction of the following conditions:

  • Conditions Precedent to All Advances and Letters of Credit The Lender’s obligation to make each Advance or to cause the issuance of a Letter of Credit shall be subject to the further conditions precedent that:

  • Conditions Precedent to All Loans Each Lender’s obligations to make each Loan is subject to the following conditions precedent:

  • Conditions Precedent to All Borrowings The obligation of each Lender to make an Advance on the occasion of each Borrowing and of the Issuing Lender to issue, increase, or extend any Letter of Credit shall be subject to the further conditions precedent that on the date of such Borrowing or the date of the issuance, increase, or extension of such Letter of Credit:

  • Conditions Precedent to all Extensions of Credit The obligation of the Lender Group (or any member thereof) to make any Revolving Loans hereunder (or to extend any other credit hereunder) at any time shall be subject to the following conditions precedent:

  • Conditions Precedent to Obligations of the Purchaser The obligation of the Purchaser to consummate the transactions contemplated by this Agreement is subject to the fulfillment, on or prior to the Closing Date, of each of the following conditions (any or all of which may be waived by the Purchaser in whole or in part to the extent permitted by applicable law):

  • Conditions Precedent to the Obligations of the Purchasers to Purchase Securities The obligation of each Purchaser to acquire Shares and Warrants at the Closing is subject to the fulfillment to such Purchaser’s satisfaction, on or prior to the Closing Date, of each of the following conditions, any of which may be waived by such Purchaser (as to itself only):

Time is Money Join Law Insider Premium to draft better contracts faster.