Common use of Conditions to Obligation of the Seller Clause in Contracts

Conditions to Obligation of the Seller. The obligation of the Seller to sell the Initial Receivables to the Purchaser on the Closing Date and any Subsequent Receivables to the Purchaser on the related Subsequent Transfer Date is subject to the satisfaction of the following conditions:

Appears in 10 contracts

Samples: Purchase Agreement (Mmca Auto Owner Trust 2000-2), Purchase Agreement (Mmca Auto Receivables Trust), Receivables Purchase Agreement (Pooled Auto Securities Shelf LLC)

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Conditions to Obligation of the Seller. The obligation of the Seller to sell convey the Initial Receivables to the Purchaser on the Closing Date and any Subsequent the Additional Receivables to the Purchaser on the related each Subsequent Transfer Date is subject to the satisfaction of the following conditions:

Appears in 2 contracts

Samples: Purchase Agreement (Ford Credit Auto Receivables Two L P), Purchase Agreement (Ford Credit Auto Receivables Two L P)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the Initial Receivables to the Purchaser on the Closing Date and any Subsequent Receivables to the Purchaser on the related Subsequent Transfer Date is subject to the satisfaction of the following conditionsconditions on or prior to the Closing Date:

Appears in 1 contract

Samples: Receivables Purchase Agreement (Conns Inc)

Conditions to Obligation of the Seller. The obligation of the Seller to sell the Initial Receivables to the Purchaser on the Closing Date and any Subsequent Receivables to the Purchaser on the related Subsequent Transfer Date is subject to the satisfaction of the following conditions:: (a)

Appears in 1 contract

Samples: Purchase Agreement (Mmca Auto Receivables Inc)

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Conditions to Obligation of the Seller. The obligation of the Seller to sell sell, transfer, assign and deliver the Initial Receivables to the Purchaser on the Closing Date and any Subsequent Receivables to the Purchaser on the related Subsequent Transfer Date Purchased Assets is subject to the satisfaction (or waiver by the Seller) on or prior to the Closing Date of the following additional conditions:

Appears in 1 contract

Samples: Asset Purchase Agreement (Long Island Physician Holdings Corp)

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