Conditions Precedent to Purchases. The obligation of the Purchaser to make a Purchase on any Business Day is subject to the conditions precedent that:
Conditions Precedent to Purchases. Purchaser’s obligation to purchase each Eligible Loan in any Purchase Commitment shall be subject to all of the representations, warranties and covenants of Seller contained in this Agreement being true, correct and complied with in all material respects as of the applicable Purchase Date. Purchaser’s right to purchase each Eligible Loan hereunder shall be subject to all of the representations, warranties and covenants of Purchaser contained in this Agreement being true, correct and complied with in all material respects as of the applicable Purchase Date, and (unless otherwise agreed between the Parties in writing) shall additionally be conditioned upon there being sufficient available funds in the Purchaser Online Account to pay the Purchase Price of (a) such Eligible Loan and (b) all Eligible Loans that are the subject of an outstanding Purchase Commitment.
Conditions Precedent to Purchases. No Purchaser shall be obligated to make any Purchases hereunder (including any Reinvestment Purchase) on any date if, as of the date thereof:
Conditions Precedent to Purchases. Purchaser’s obligation to purchase each Eligible Loan in any Purchase Commitment shall be subject to all of the representations, warranties and covenants of Seller contained in this Agreement being true and correct in all material respects as of the applicable Purchase Date. Purchaser’s right to purchase each Eligible Loan hereunder shall be conditioned upon there being sufficient available funds in the Purchaser Online Account to meet any payment obligation.
Conditions Precedent to Purchases. In addition to the --------------------------------- foregoing, each Purchase of Pool Receivables is subject to the following statements being true on the date of such Purchase:
Conditions Precedent to Purchases. Buyer’s obligation to pay for Receivables coming into existence after the Initial Cutoff Date shall be subject to the satisfaction (or waiver) of further conditions precedent that (a) the Administrative Agent, pursuant to the terms of the Purchase Agreement, shall have received all reports as and when due thereunder; and (b) on the date of each Purchase, the following statements shall be true (and acceptance of the proceeds of any payment for such Receivable shall be deemed a representation and warranty by Originator that such statements are then true):
Conditions Precedent to Purchases. Each Purchase under this Agreement is subject to the conditions precedent that (i) Buyer shall have Net Worth greater than or equal to the Required Capital Amount, and (ii) all of the conditions to the effectiveness of the amendment to the Receivables Purchase Agreement dated the date hereof shall have been satisfied or waived in accordance with the terms thereof.
Conditions Precedent to Purchases. The obligation of each Purchaser to make a Purchase on the related Date of Purchase (including, in the case of the Initial Purchase, the Closing Date) is subject to the following conditions:
Conditions Precedent to Purchases. The obligation of the Purchaser on any Purchase Date to accept and pay the Purchase Consideration for the Purchased Assets under this Agreement is subject to the conditions precedent that the representations and warranties contained in Sections 4.1 and 4.2 are true and correct in all respects as of such Purchase Date, other than representations and warranties that relate to a specific date other than the Purchase Date, and shall be further conditioned upon the Purchaser possessing sufficient funds to effectuate the purchase. The Seller, by executing the related Seller’s Certificate, shall be deemed to have certified, with respect to the Purchased Assets transferred on the applicable Purchase Date, that all such representations and warranties are true and correct in all respects on and as of such Purchase Date, with the same effect as though made on and as of such day.
Conditions Precedent to Purchases. No Purchase --------------------------------- of Purchased Assets shall be made hereunder on any date on which the Issuer does not have sufficient funds available to pay the Purchase Price in cash (including cash made available to the Issuer under the Subordinated Loan).
