Common use of Conditions to Transfers Clause in Contracts

Conditions to Transfers. The Depositor shall transfer to the Trust the Contracts and other Transferred Assets described in Section 2.01 above only upon the satisfaction of each of the following conditions on or prior to the Closing Date and shall be deemed to have represented in respect of the Closing Date that all such conditions are satisfied upon the Depositor's delivery of the Transfer Agreement:

Appears in 21 contracts

Samples: Transfer Agreement (Ace Securities Corp), Pooling and Servicing Agreement (Gs Mortgage Securities Corp), Pooling and Servicing Agreement (CIT Equipment Collateral 2004-Ef1)

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Conditions to Transfers. The Depositor shall transfer to the Trust the Contracts and other Transferred Assets described in Section 2.01 above only upon the satisfaction of each of the following conditions on or prior to the Closing Date and shall be deemed to have represented in respect of the Closing Date that all such conditions are satisfied upon the Depositor's ’s delivery of the Transfer Agreement:

Appears in 1 contract

Samples: Pooling and Servicing Agreement (Cit Funding Co, LLC)

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