Common use of Closing Subject to Conditions Precedent Clause in Contracts

Closing Subject to Conditions Precedent. The effectiveness of the Commitment hereunder is subject to the satisfaction at the time of the Closing of the following conditions (any or all of which may be waived by the Purchaser in its sole discretion): (a) Performance by the Issuer, the Depositor, the Servicer and the Loan Originator. All the terms, covenants, agreements and conditions of the Basic Documents to be complied with and performed by the Issuer, the Depositor, the Servicer and the Loan Originator on or before the Closing Date shall have been complied with and performed in all material respects.

Closing Subject to Conditions Precedent. The effectiveness of the Commitment hereunder is subject to the satisfaction at the time of the Closing of the following conditions (any or all of which may be waived by the Purchaser Initial Purchasers, as applicable, in its their sole discretion): (a) Performance by the Issuer, the Depositor, the Servicer and the Loan OriginatorReceivables Seller. All the terms, covenants, agreements and conditions of the Basic Transaction Documents to be complied with and performed by the Issuer, the Depositor, the Servicer and the Loan Originator Receivables Seller on or before the Closing Date shall have been complied with and performed in all material respects.

Closing Subject to Conditions Precedent. The effectiveness of the Commitment hereunder is subject to the satisfaction at the time of the Closing of the following conditions (any or all of which may be waived by the Purchaser Purchasers in its their sole discretion): (a) Performance by the Issuer, the Depositor, the REMIC Servicer and the Loan OriginatorReceivables Seller. All the terms, covenants, agreements and conditions of the Basic Transaction Documents to be complied with and performed by the Issuer, the Depositor, the REMIC Servicer and the Loan Originator Receivables Seller on or before the Closing Date shall have been complied with and performed in all material respects.

Closing Subject to Conditions Precedent. The effectiveness of the Commitment hereunder is subject to the satisfaction at the time of the Closing of the following conditions (any or all of which may be waived by the Initial Purchaser in its sole discretion): (a) Performance by the Issuer, the Depositor, the Servicer and the Loan OriginatorReceivables Seller. All the terms, covenants, agreements and conditions of the Basic Transaction Documents to be complied with and performed by the Issuer, the Depositor, the Servicer and the Loan Originator Receivables Seller on or before the Closing Date shall have been complied with and performed in all material respects.

Closing Subject to Conditions Precedent. The effectiveness of the Commitment hereunder is subject to the satisfaction at the time of the Closing of the following conditions (any or all of which may be waived by the Purchaser in its sole discretion): (a) Performance by the IssuerTrust, the Depositor, the Servicer Servicer, the Transfer Obligor and the Loan Originator. All the terms, covenants, agreements and conditions of the Basic Documents to be complied with and performed by the IssuerTrust, the Depositor, the Servicer Servicer, the Transfer Obligor and the Loan Originator on or before the Closing Date shall have been complied with and performed in all material respects.