Common use of CONDITIONS PRECEDENT TO PURCHASE OR SUBSTITUTION Clause in Contracts

CONDITIONS PRECEDENT TO PURCHASE OR SUBSTITUTION. Any purchase or substitution of Loans pursuant to this Master Terms Purchase Agreement is subject to the following conditions precedent being satisfied (and the Purchaser, by accepting payment, shall be deemed to have certified that all such conditions are satisfied on the date of such purchase):

Appears in 7 contracts

Samples: Purchase Agreement (SLC Student Loan Trust 2006-1), Purchase Agreement (SLC Student Loan Trust 2005-2), Purchase Agreement (SLC Student Loan Trust 2004-1)

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CONDITIONS PRECEDENT TO PURCHASE OR SUBSTITUTION. Any purchase or substitution of Loans pursuant to this these Master Sale Terms Purchase Agreement is subject to the following conditions precedent being satisfied (and the PurchaserXxxxx Fargo Bank, N.A., by accepting payment, shall be deemed to have certified that all such conditions are satisfied on the date of such purchase):

Appears in 1 contract

Samples: Sale Agreement Master Securitization Terms Number ____ (Wells Fargo Student Loans Receivables I LLC)

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