Conditions to Sales Sample Clauses

Conditions to Sales. Any Sale of a Portfolio Asset is subject to the satisfaction of the following conditions:
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Conditions to Sales. Any Sale of a Loan Asset is subject to the satisfaction of the following conditions:
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Conditions to Sales. 8 3.01 Conditions Precedent to the Purchaser's Purchase of Receivables on the Effective Date........................................... 8 3.02 Conditions Precedent to Purchase of Receivables................. 9
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Conditions to Sales. 3.01 Conditions Precedent to the Purchaser's Purchase of Receivables on the ---------------------------------------------------------------------- Effective Date. The obligation of the Purchaser to purchase Receivables and the -------------- other Receivable Assets related to such Receivables on the Effective Date is subject to the satisfaction of the following conditions precedent which shall have been satisfied, on or prior to the Effective Date:
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Conditions to Sales. Any Sale of an Eligible Portfolio Asset by a Loan Party shall at all times be subject to the satisfaction of the following conditions unless otherwise waived by the Servicer: (i) the Administrative Borrower shall deliver a list of all Portfolio Assets to be the subject of such Sale in accordance with Section 5.01(z)(iii)(C); (ii) as of the date of such Sale and immediately after giving effect to any such Sale, (w) the aggregate Advances Outstanding shall not exceed the Maximum Availability as of such date, (x) no Market Trigger Event has occurred and is continuing or would result therefrom; and (y) neither a Potential Default nor an Event of Default shall be continuing or have resulted from such Sale; and (iii) the Administrative Borrower shall notify the Servicer of any amount to be deposited into the Collection Account in connection with any Sale in accordance with Section 5.01(aa). (d) Treatment of Amounts Deposited in the Collection Account. Amounts deposited by the Co‐Borrowers in the Collection Account pursuant to this Section 2.11 shall be applied as provided in Section 2.09(a).
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Conditions to Sales. Any Sale of a Portfolio Asset is subject to the satisfaction of the following conditions: (i) unless the Majority Lenders otherwise consent (such consent not to be unreasonably withheld, conditioned or delayed and the Majority Lenders shall use commercially reasonable efforts to respond to a request for consent within three (3) Business Days (or, in the case of an Underlying Obligor Default with respect to such Portfolio Asset arising under clause (a) of such defined term, five (5) Business Days)), the Proceeds from such Sale (expressed as a percentage of par) shall be no less than ten (10) percentage points lower than the most recent value of the Portfolio Asset subject to such Sale (expressed as a percentage of par); and (ii) the Borrower shall notify the Administrative Agent of any amount to be deposited into the Collection Accounts. (f)
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Conditions to Sales. Any sales effected pursuant to Section 2.07(a) shall be subject to the satisfaction of the following conditions (as certified in writing to the Administrative Agent and Collateral Agent by the Borrower):
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Conditions to Sales 
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Related to Conditions to Sales

  • CONDITIONS TO GRANT TO HAVE AND TO HOLD the above granted and described Property unto and to the use and benefit of Lender, and the successors and assigns of Lender, forever; PROVIDED, HOWEVER, these presents are upon the express condition that, if Borrower shall well and truly pay to Lender the Debt at the time and in the manner provided in the Note and this Security Instrument, shall well and truly perform the Other Obligations as set forth in this Security Instrument and shall well and truly abide by and comply with each and every covenant and condition set forth herein and in the Note, these presents and the estate hereby granted shall cease, terminate and be void.

  • Actions to Satisfy Closing Conditions Each Party will take or cause to be taken all actions that are within its power to control, and will make all commercially reasonable efforts to cause other actions to be taken which are not within its power to control, so as to ensure its compliance with, and satisfaction of, all conditions in Article 6 that are for the benefit of the other Party.

  • Conditions to Xxxxx’x Obligations The obligations of Xxxxx hereunder with respect to a Placement will be subject to the continuing accuracy and completeness of the representations and warranties made by the Company herein, to the due performance by the Company of its obligations hereunder, to the completion by Xxxxx of a due diligence review satisfactory to Xxxxx in its reasonable judgment, and to the continuing satisfaction (or waiver by Xxxxx in its sole discretion) of the following additional conditions:

  • CONDITIONS TO LOANS The obligations of Lenders to make Loans are subject to satisfaction of all of the applicable conditions set forth below.

  • Conditions to Obligations to Close The obligations of Purchaser to consummate the transactions contemplated herein shall be subject to the fulfillment of the following conditions (“Purchaser’s Conditions”), any of which may be waived by Purchaser in its sole and absolute discretion:

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