Conditions to Payment. The obligation of Xxxxxxx Mac to pay the Capital Contribution Amount pursuant to Section 2 shall be subject to the following conditions precedent: (a) the Termination Date has not occurred as of any prior Payment Date; and (b) receipt by Xxxxxxx Mac of a Payment Notification pursuant to Section 5(a).
Appears in 20 contracts
Samples: Capital Contribution Agreement, Capital Contribution Agreement, Capital Contribution Agreement
Conditions to Payment. The obligation of Xxxxxxx Mac to pay the any Capital Contribution Amount pursuant to Section 2 shall be subject to the following conditions precedent:
(a) the Termination Date has not occurred as of any prior Payment Date; and
(b) receipt by Xxxxxxx Mac of a Payment Notification pursuant to Section 5(a).
Appears in 1 contract
Samples: Capital Contribution Agreement
