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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 174 contracts

Sources: Receivables Purchase Agreement (Hyundai Auto Receivables Trust 2025-D), Receivables Purchase Agreement (Hyundai Auto Receivables Trust 2025-D), Receivables Purchase Agreement (Hyundai Auto Receivables Trust 2025-C)

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

Sources: Receivables Acquisition Agreement (Acc Consumer Finance Corp), Receivables Acquisition Agreement (Advanta Auto Finance Corp)

Related Clauses

  • Conditions to Obligation of the Seller
  • Conditions to Obligation of the Purchaser
  • Conditions to Obligation of the Sellers
  • Conditions to Obligation of the Company
  • Conditions to Obligation of the Buyer

Parent Clauses

  • Conditions
  • Representations and Warranties
  • Conditions to Obligation of the Depositor
  • Protection of Right, Title and Interest...................
  • Representations and Warranties of the Depositor

Sub-Clauses

  • Other Transactions
  • Representations and Warranties True
  • Evidence of UCC Filing
  • Computer Files Marked
  • Other Documents
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