Conditions Precedent to Transfer Dates Sample Clauses

Conditions Precedent to Transfer Dates. (a) Three (3) Business Days prior to each Transfer Date, the Trust shall give a Notice of Issue to the Note Purchaser, the Indenture Trustee and the Collateral Agent of such upcoming Transfer Date and provide an estimate of the number of Mortgage Loans and aggregate Principal Balance of such Mortgage Loans to be transferred on such Transfer Date. One (1) Business Day prior to each Transfer Date, the Trust shall provide the Note Purchaser, the Indenture Trustee and the Collateral Agent a final Mortgage Loan Schedule with respect to the Mortgage Loans to be transferred on such Transfer Date. On each Transfer Date, the Depositor shall convey to the Trust the Mortgage Loans and the other property and rights related thereto described in the related Assignment, and the Trust, only upon the satisfaction of each of the conditions set forth below on or prior to such Transfer Date, shall deposit or cause to be deposited cash in the amount of the Sale Amount received from the Note Purchaser in the General Operating Account in respect thereof, and the Servicer shall, promptly after such deposit, direct the Indenture Trustee to withdraw the amount deposited in respect of applicable Sale Amount from the General Operating Account, and distribute such amount to or at the direction of the Depositor.
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Conditions Precedent to Transfer Dates. At least one (1) Business Day prior to each proposed Transfer Date, the Issuer shall give notice to the Initial Noteholder, the Indenture Trustee and the Paying Agent of such proposed upcoming Transfer Date and provide an estimate of the number of Loans and aggregate Principal Balance of such Loans proposed to be transferred on such Transfer Date. On the Business Day prior to each Transfer Date, the Issuer shall provide the Initial Noteholder with a final Loan Schedule with respect to the Loans proposed to be transferred on such Transfer Date. On each Transfer Date, the Depositor shall convey to the Issuer the Loans and the other property and rights related thereto described in the related S&SA Assignment and the Issuer shall, pursuant to the Indenture, grant and pledge to the Indenture Trustee the Loans and Loan Collateral, and the Issuer, only upon the satisfaction of each of the conditions set forth below on or prior to such Transfer Date, shall pay or cause to be paid cash in the amount of the Additional Note Principal Balance received from the Initial Noteholder in respect of the Loans to or at the direction of the Depositor. As of the Closing Date and each Transfer Date:
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Conditions Precedent to Transfer Dates. Funding Dates and Collateral Value Increase Dates.
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Conditions Precedent to Transfer Dates. Two (2) Business Days prior to each Transfer Date, the Issuer shall give notice to the Note Agent of such upcoming Transfer Date and provide an estimate of the number of Loans and aggregate Principal Balance of such Loans to be transferred on such Transfer Date. On the Business Day prior to each Transfer Date, the Issuer shall provide the Note Agent a final Loan Schedule with respect to the Loans to be transferred on such Transfer Date. On each Transfer Date, the Depositor or the applicable QSPE Affiliate shall convey to the Issuer, the Loans and the other property and rights related thereto described in the related S&SA Assignment, and the Issuer, only upon the satisfaction of each of the conditions set forth below on or prior to such Transfer Date, shall deposit or cause to be deposited cash in the amount of the Additional Note Principal Balance received from the Note Agent in the Advance Account in respect thereof, and the Servicer shall, promptly after such deposit, withdraw the amount deposited in respect of applicable Additional Note Principal Balance from the Advance Account, and distribute such amount to or at the direction of the Depositor or the applicable QSPE Affiliate. As of the Closing Date and each Transfer Date:
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Conditions Precedent to Transfer Dates. 58 Section 6.02 Conditions Precedent to Initial Transfer Date..................60 Section 6.03 Termination of Note Purchaser's Obligations....................62
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Conditions Precedent to Transfer Dates. (a) At least two (2) Business Days prior to each Transfer Date, the Company shall give notice to the Note Purchaser of such upcoming Transfer Date and provide an estimate of the number of Loans and aggregate Principal Balance of such Loans to be transferred on such Transfer Date. Two Business Days prior to each Transfer Date, the Company shall provide the Note Purchaser a final Loan Schedule with respect to the Loans to be transferred on such Transfer Date. On each Transfer Date, the Depositor shall convey to the Company, the Loans and the other property and rights related thereto described in the related S&SA Assignment, and the Company, only upon the satisfaction of each of the conditions set forth below on or prior to such Transfer Date, shall deposit or cause to be deposited cash in the amount of the Advance Amount received from the Note Purchaser in the General Operating Account in respect thereof, and the Servicer shall, promptly after such deposit, withdraw the amount deposited in respect of applicable Advance Amount from the General Operating Account, and distribute such amount to or at the direction of the Depositor. As of the Closing Date and each Transfer Date:
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Related to Conditions Precedent to Transfer Dates

  • Conditions Precedent to the Consummation of the Purchase ---------------------------- The following are conditions precedent to the consummation of the Agreement on or before the Closing Date:

  • Conditions Precedent to Closing Date The obligation of the Lenders to make each Loan hereunder, and the obligation of the Letter of Credit Issuer to issue Letters of Credit hereunder, in each case, on the Closing Date are subject to the satisfaction on or prior to the Closing Date of each of the following conditions:

  • CONDITIONS PRECEDENT TO OBLIGATIONS OF EACH PARTY The obligations of each Party to effect the Merger and otherwise consummate the Contemplated Transactions to be consummated at the Closing are subject to the satisfaction or, to the extent permitted by applicable Law, the written waiver by each of the Parties, at or prior to the Closing, of each of the following conditions:

  • Conditions Precedent to the Closing Date The obligation of the Lenders to execute this Agreement and make any requested Loans on the Closing Date is subject to the prior satisfaction of each of the following conditions (unless waived in writing by Administrative Agent with the consent of the Lenders):

  • Conditions Precedent to All Purchases Each Purchase (including the initial Purchase) hereunder shall be subject to the further conditions precedent that:

  • CONDITIONS PRECEDENT TO LOAN The obligations of Lender to make the Loan hereunder are subject to the satisfaction by Borrower of the following conditions:

  • Conditions Precedent to Loans The obligation of each Lender to make any Loans is subject, at the time of each such Loan, to the satisfaction of the following conditions:

  • Conditions Precedent to All Loans Each Lender’s obligations to make each Loan is subject to the following conditions precedent:

  • Conditions Precedent to Purchase The Purchase under this Agreement is subject to the conditions precedent that (a) Buyer shall have received on or before the date of such purchase those documents listed on Schedule A and (b) all of the conditions to the initial purchase under the Purchase Agreement shall have been satisfied or waived in accordance with the terms thereof.

  • Conditions Precedent to Initial Loans In addition to the conditions set forth in Section 6.2, Lenders shall not be required to fund any requested Loan, issue any Letter of Credit, or otherwise extend credit to Borrowers hereunder, until the date (“Closing Date”) that each of the following conditions has been satisfied:

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