Common use of Conditions to Obligation of the Depositor Clause in Contracts

Conditions to Obligation of the Depositor. The obligation of the Depositor to purchase the Receivables is subject to the satisfaction of the following conditions:

Appears in 151 contracts

Samples: Receivables Purchase Agreement (BMW Vehicle Owner Trust 2016-A), Receivables Purchase Agreement (Hyundai Auto Receivables Trust 2006-A), Receivables Purchase Agreement (BMW Vehicle Owner Trust 2020-A)

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Conditions to Obligation of the Depositor. The obligation of the Depositor to purchase the accept any transfer of Receivables hereunder is subject to the satisfaction of the following conditions:

Appears in 3 contracts

Samples: Contribution Agreement (Americredit Corp), Contribution Agreement (Bay View Capital Corp), Contribution Agreement (Bay View Capital Corp)

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Conditions to Obligation of the Depositor. The obligation of the Depositor to purchase take receipt of the Receivables under this Agreement is subject to the satisfaction of the following conditions:

Appears in 2 contracts

Samples: Acquisition Agreement (Advanta Auto Finance Corp), Pooling and Servicing Agreement (Acc Consumer Finance Corp)

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