Conditions Precedent to Effectiveness of this Agreement. The effectiveness of this Agreement and of the obligation of the Depositor to purchase, and of the Lender to sell, the Conveyed Assets in accordance with the terms hereof is subject to the satisfaction of the following conditions:
Appears in 6 contracts
Sources: Exchange Note Sale Agreement (ACAR Leasing Ltd.), Exchange Note Sale Agreement (ACAR Leasing Ltd.), Exchange Note Sale Agreement (ACAR Leasing Ltd.)