Common use of CONDITIONS PRECEDENT TO OBLIGATIONS OF OWNER TRUSTEE Clause in Contracts

CONDITIONS PRECEDENT TO OBLIGATIONS OF OWNER TRUSTEE. The obligation of Owner Trustee to execute and deliver the Equipment Notes on the Closing Date is subject to satisfaction or waiver by Owner Trustee, at or prior to the Closing, of the conditions precedent set forth below in this Section 5.2.

CONDITIONS PRECEDENT TO OBLIGATIONS OF OWNER TRUSTEE. The obligation of Owner Trustee to execute and deliver take the Equipment Notes actions required by this Agreement to be taken by it on the Closing Date is subject to satisfaction or waiver by Owner Trustee, at or prior to the Closing, of the conditions precedent set forth below in this Section 5.2.