Borrower’s Payment. obligations Any obligation of the Borrower under the Transaction Documents to pay or release any amount to the Head Lessee shall be conditional upon all amounts then due and payable by the Head Lessee to the Borrower under the Head Lessee Documents, or under any other agreement for the time being between any Relevant Party (in any capacity) and the Head Lessee, having been paid in full.
Appears in 2 contracts
Sources: All Parties Agreement (Cit Group Inc), All Parties Agreement (Cit Group Inc)