Common use of Conditions to Obligation of Ally Auto Clause in Contracts

Conditions to Obligation of Ally Auto. The obligation of Ally Auto to purchase the Receivables hereunder and pursuant to the First Step Receivables Assignment is subject to the satisfaction of the following conditions:

Appears in 83 contracts

Samples: Pooling Agreement (Ally Auto Receivables Trust 2022-1), Pooling Agreement (Ally Auto Receivables Trust 2016-2), Pooling Agreement (Ally Auto Receivables Trust 2013-1)

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Conditions to Obligation of Ally Auto. The obligation of Ally Auto to purchase the Receivables hereunder and pursuant to the First Step Receivables Assignment Assignment[s] is subject to the satisfaction of the following conditions:

Appears in 6 contracts

Samples: Pooling Agreement (Ally Auto Assets LLC), Pooling and Servicing Agreement (Ally Auto Assets LLC), Pooling Agreement (Ally Auto Assets LLC)

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