Common use of Conditions Precedent to Purchase Clause in Contracts

Conditions Precedent to Purchase. Any purchase of Loans pursuant to these Master Terms is subject to the following conditions precedent being satisfied (and SLM ELC, by accepting payment, shall be deemed to have certified that all such conditions are satisfied on the date of such purchase):

Appears in 2 contracts

Samples: Additional Purchase Agreement (SLM Funding LLC), Additional Purchase Agreement (SLM Funding LLC)

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Conditions Precedent to Purchase. Any purchase of Loans pursuant to these Master Terms is subject to the following conditions precedent being satisfied (and SLM ELCSLMA, by accepting payment, shall be deemed to have certified that all such conditions are satisfied on the date of such purchase):

Appears in 2 contracts

Samples: Initial Purchase Agreement (SLM Funding LLC), Additional Purchase Agreement (SLM Funding LLC)

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Conditions Precedent to Purchase. Any purchase or substitution of Loans pursuant to these Master Terms is subject to the following conditions precedent being satisfied (and [SLM ELCECFC or VG Funding], by accepting payment, shall be deemed to have certified that all such conditions are satisfied on the date of such purchase):

Appears in 1 contract

Samples: Purchase Agreement (SLM Funding LLC)

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