Common use of Conditions Precedent to Obligations of Owner Participant Clause in Contracts

Conditions Precedent to Obligations of Owner Participant. The obligation of the Owner Participant to make the Commitment available for payment as directed by the Owner Trustee on the Delivery Date is subject to satisfaction or waiver by the Owner Participant, on or prior to the Delivery Date, of the conditions precedent set forth below in this Section 3.01; PROVIDED, that it shall not be a condition precedent to the obligation of the Owner Participant that any document be produced or action taken that is to be produced or taken by the Owner Participant or by a Person within the Owner Participant's control: