Conditions to Addition of New Accounts Sample Clauses

Conditions to Addition of New Accounts. On the Addition Date with respect to any New Accounts, the Trust shall acquire the applicable Receivables in such New Accounts (and such New Accounts shall be Accounts for purposes of this Agreement), subject to the satisfaction of the following conditions:
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Conditions to Addition of New Accounts. On the Addition Date with respect to any New Accounts, at the direction of the Servicer, the Trustee, on behalf of the Trust, shall acquire the Receivables existing in such New Accounts (and such New Accounts shall be deemed to be Accounts for purposes of this Agreement) as of the close of business on the applicable Addition Cut-Off Date, subject to the satisfaction of the following conditions:
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Conditions to Addition of New Accounts. On the Addition Date with respect to any New Accounts, the transfer of the Receivables in such New Accounts as of the close of business on the applicable Additional Cut-Off Date and the designation of such New Accounts as Accounts shall be subject to the satisfaction of the following conditions: (i) the New Accounts shall all be Eligible Accounts; (ii) the Transferor shall have delivered to the Trustee copies of UCC-1 financing statements covering such New Accounts, if necessary to perfect the Trust's interest in the Receivables arising therein; (iii) to the extent required by Section 4.3, the Transferor shall have deposited in the Collection Account all Collections with respect to such New Accounts since the Additional Cut-Off Date; (iv) as of each of the Additional Cut-Off Date and the Addition Date, no Insolvency Event with respect to the related Account Owner, the Servicer, PFR or the Transferor, shall have occurred nor shall the transfer to the Trust of the Receivables arising in the New Accounts have been made in contemplation of the occurrence thereof; and (v) the addition of the Receivables arising in the New Accounts to the Trust will not result in the occurrence of a Pay Out Event or Reinvestment Event. (f)
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Conditions to Addition of New Accounts. On the Addition Date with -------------------------------------- respect to any New Accounts, the transfer of the Receivables in such New Accounts as of the close of business on the applicable Additional Cut-Off Date and the designation of such New Accounts as Accounts shall be subject to the satisfaction of the following conditions:
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Related to Conditions to Addition of New Accounts

  • Additional Conditions to Obligations of Target The obligations of Target to consummate and effect this Agreement and the transactions contemplated hereby shall be subject to the satisfaction at or prior to the Effective Time of each of the following conditions, any of which may be waived, in writing, by Target:

  • Conditions to Advances The obligation of Lender to make each Advance hereunder, including the Initial Advance, shall be subject to the prior or simultaneous occurrence or satisfaction of each of the following conditions:

  • Additional Conditions to Obligations of the Company The obligation of the Company to consummate and effect the Merger shall be subject to the satisfaction at or prior to the Closing Date of each of the following conditions, any of which may be waived, in writing, exclusively by the Company:

  • Additional Conditions to Obligation of the Company The obligation of the Company to effect the Merger is also subject to the following conditions:

  • Additional Conditions to Obligations of Seller The obligation of Seller to consummate the Transactions shall also be subject to the satisfaction or waiver (where permissible), on or prior to the Closing Date, of each of the following conditions:

  • Additional Conditions to Obligations of Company The obligation of Company to consummate and effect the Merger shall be subject to the satisfaction at or prior to the Closing Date of each of the following conditions, any of which may be waived, in writing, exclusively by Company:

  • Conditions to Obligations OF EACH PARTY TO EFFECT THE MERGER. The respective obligations of each party to this Agreement to effect the Merger shall be subject to the satisfaction at or prior to the Closing Date of the following conditions:

  • Additional Conditions to Obligations of Buyer The obligation of Buyer to consummate the Transactions shall also be subject to the satisfaction or waiver (where permissible), on or prior to the Closing Date, of each of the following conditions:

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