CONDITIONS PRECEDENT TO PURCHASE OR SUBSTITUTION. Each sale or substitution of Loans pursuant to this Purchase Agreement or any Subsequent Purchase Agreement, as applicable, is subject to the following conditions precedent being satisfied (and the Seller, by accepting payment, shall be deemed to have certified that all such conditions are satisfied on the date of such sale or substitution):
Appears in 2 contracts
Sources: Purchase Agreement (Collegiate Funding of Delaware LLC), Purchase Agreement (Chase Education Loan Trust 2007-A)