Common use of Conditions Precedent to Purchase Clause in Contracts

Conditions Precedent to Purchase. The Purchases under this Agreement are subject to the conditions precedent that (a) Buyer shall have been capitalized with the Initial Contributed Receivables, (b) Buyer shall have received on or before the date of such purchase those documents listed on SCHEDULE A and (c) all of the conditions to the initial loan under the Credit and Security Agreement shall have been satisfied or waived in accordance with the terms thereof.

Appears in 2 contracts

Samples: Receivables Sale Agreement (Equifax Inc), Receivables Sale Agreement (Equifax Inc)

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Conditions Precedent to Purchase. The Purchases Purchase under this Agreement are is subject to the conditions precedent that (a) Buyer shall have been capitalized with the Initial Contributed Receivables, (b) Buyer shall have received on or before the date of such purchase those documents listed on SCHEDULE Schedule A and (c) all of the conditions to the initial loan purchase under the Credit and Security Purchase Agreement shall have been satisfied or waived in accordance with the terms thereof; provided that the execution of this Agreement by the parties hereto shall not be deemed a waiver of any of the conditions precedent to the Purchase under this Agreement in any way.

Appears in 1 contract

Samples: Receivables Sale Agreement (Adc Telecommunications Inc)

Conditions Precedent to Purchase. The Purchases Purchase under this Agreement are is subject to the conditions precedent that (a) Buyer shall have been capitalized with the Initial Contributed Receivablesnot less than $10,000 in cash, (b) Buyer shall have received on or before the date of such purchase those documents listed on SCHEDULE Schedule A and (c) all of the conditions to the initial loan purchase under the Credit and Security Purchase Agreement shall have been satisfied or waived in accordance with the terms thereof.

Appears in 1 contract

Samples: Receivables Sale Agreement (Airborne Inc /De/)

Conditions Precedent to Purchase. The Purchases initial Purchase from Seller under this Agreement are is subject to the conditions precedent that (a) Buyer Purchaser shall have been capitalized with the Initial Contributed ReceivablesFirst Step Contribution, and (b) Buyer Purchaser shall have received on or before the date of such purchase Purchase those documents listed on SCHEDULE A and (c) all of the conditions to the initial loan under the Credit and Security Agreement shall have been satisfied or waived in accordance with the terms thereof.Schedule A.

Appears in 1 contract

Samples: Receivables Sale Agreement (Choicepoint Inc)

Conditions Precedent to Purchase. The Purchases under this Agreement are subject to the conditions precedent that (a) Buyer shall have been capitalized with the Initial Contributed Receivables, (b) Buyer shall have received on or before the date of such purchase those documents listed on SCHEDULE Schedule A and (c) all of the conditions to the initial loan purchase under the Credit and Security Purchase Agreement shall have been satisfied or waived in accordance with the terms thereof.

Appears in 1 contract

Samples: Receivables Sale Agreement (Lafarge Corp)

Conditions Precedent to Purchase. The Purchases under this Agreement are subject to the conditions precedent that (a) Buyer shall have been capitalized with the Initial Contributed Receivables, (b) Buyer shall have received on or before the date of such purchase Purchase those documents listed on SCHEDULE Schedule A and (c) all of the conditions to the initial loan Purchase under the Credit and Security Purchase Agreement shall have been satisfied or waived in accordance with the terms thereof.

Appears in 1 contract

Samples: Receivables Sale Agreement (Wolverine Tube Inc)

Conditions Precedent to Purchase. The Purchases Purchase under this Agreement are is subject to the conditions precedent that (a) Buyer shall have been capitalized with the Initial Contributed Receivables, (b) Buyer shall have received on or before the date of such purchase Closing Date those documents listed on SCHEDULE Schedule A attached hereto and (c) all of the conditions to the initial loan under effectiveness of the Credit and Security Purchase Agreement shall have been satisfied or waived in accordance with the terms thereof.

Appears in 1 contract

Samples: Receivables Sale Agreement (Vitro Sa De Cv)

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Conditions Precedent to Purchase. The Purchases under this -------------------------------- Agreement are is subject to the conditions precedent that (a) Buyer shall have been capitalized with the Initial Contributed Receivables, (b) Buyer shall have received on or before the date of such purchase those documents listed on SCHEDULE Schedule A and (c) all of the conditions to the initial loan purchase under the Credit and Security ---------- Purchase Agreement shall have been satisfied or waived in accordance with the terms thereof.

Appears in 1 contract

Samples: Receivables Sale Agreement (Actuant Corp)

Conditions Precedent to Purchase. The Purchases Purchase under this Agreement are is subject to the conditions precedent that (a) Buyer shall have been capitalized with the Initial Contributed Receivables, (b) Buyer shall have received on or before the date of such purchase Closing Date those documents listed on SCHEDULE Schedule A attached hereto and (c) all of the conditions to the initial loan under effectiveness of the Credit and Security Agreement shall have been satisfied or waived in accordance with the terms thereof.

Appears in 1 contract

Samples: Receivables Sale Agreement (PPL Electric Utilities Corp)

Conditions Precedent to Purchase. The Purchases initial Purchase under this Agreement are is subject to the conditions precedent that (a) Buyer shall have been capitalized with the Initial Contributed Receivables, (b) Buyer shall have received on or before the date of such purchase Closing Date those documents listed on SCHEDULE Schedule A and (c) all of the conditions to the initial loan under effectiveness of the Credit and Security Agreement shall have been satisfied or waived in accordance with the terms thereof.

Appears in 1 contract

Samples: Receivables Sale Agreement (Louisiana Pacific Corp)

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