Common use of Conditions Precedent to Subsequent Payments Clause in Contracts

Conditions Precedent to Subsequent Payments. Buyer's obligation to pay for Receivables acquired by Seller after the date hereof shall be subject to the further conditions precedent that: (a) the Facility Termination Date shall not have occurred under the Credit and Security Agreement; (b) Buyer (or its assigns) shall have received such other approvals, opinions or documents as it may reasonably request and (c) on the date such Receivable is acquired by Seller under the First Step Receivables Sale Agreement, 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 Seller that such statements are then true):

Conditions Precedent to Subsequent Payments. Buyer's obligation to pay each Originator for Receivables acquired by Seller coming into existence after the date hereof Initial Cutoff Date shall be subject to the further conditions precedent that: (a) the Facility Termination Date shall not have occurred under the Credit and Security Agreementoccurred; (b) Buyer (or its assignsthe Administrative Agent, as Buyer's collateral assignee) shall have received such other approvals, opinions or documents as it may reasonably request pursuant to SECTION 6.2 of the Purchase Agreement, and (c) on the date such Receivable is acquired by Seller under the First Step Receivables Sale Agreementcame into existence, 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 Seller such Originator that such statements are then true):

Conditions Precedent to Subsequent Payments. Buyer's obligation to ------------------------------------------- pay for Receivables acquired by Seller coming into existence after the date hereof shall be subject to the further conditions precedent that: that (a) the Facility Termination Date shall not have occurred under the Credit and Security Purchase Agreement; (b) Buyer (or its assignsand the Collateral Agent and each Co-Agent, as Buyer's assignees) shall have received such other approvals, opinions or documents as it may reasonably request request; and (c) on the date such Receivable is acquired by Seller under the First Step Receivables Sale Agreementcame into existence, the following statements shall be true (and the acceptance of the proceeds of any payment for such Receivable shall be deemed a representation and warranty by Seller such Originator that such statements are then true):

Conditions Precedent to Subsequent Payments. Buyer's ’s obligation to pay for Receivables acquired originated by Seller on and after the date hereof Initial Cutoff Date shall be subject to the further conditions precedent that: (a) the Facility Termination Date shall not have occurred under the Credit and Security Agreementoccurred; (b) Buyer (or its assigns) shall have received such other approvals, opinions or documents as it may reasonably request request; and (c) on the date such Receivable is acquired was originated by Seller under the First Step Receivables Sale AgreementSeller, 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 Seller that such statements are then true):