Common use of Conditions to Obligation of XXXX Clause in Contracts

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

Appears in 24 contracts

Samples: Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2015-4), Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2015-4), Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2015-3)

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

Appears in 11 contracts

Samples: Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2016-3), Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2016-3), Pooling and Servicing Agreement (Capital Auto Receivables Asset Trust 2016-2)

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

Appears in 3 contracts

Samples: Pooling and Servicing Agreement (Capital Auto Receivables LLC), Pooling and Servicing Agreement (Capital Auto Receivables LLC), Pooling and Servicing Agreement (Capital Auto Receivables LLC)

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

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Capital Auto Receivables Inc)

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