Conditions Precedent to the Obligations of Assignee. The obligation of Assignee to purchase any Transferred Interest from Assignor and assume the obligations related thereto at the applicable Effective Time is subject to the satisfaction of the following conditions:
Appears in 6 contracts
Sources: Purchase, Assignment and Assumption Agreement (Polaris Aircraft Income Fund Iii), Purchase, Assignment and Assumption Agreement (Polaris Aircraft Income Fund Iv), Purchase, Assignment and Assumption Agreement (Polaris Aircraft Income Fund Iii)
Conditions Precedent to the Obligations of Assignee. The obligation of Assignee to purchase any Aircraft Transferred Interest from Assignor and assume the obligations related thereto at the applicable Effective Time is subject to the satisfaction of the following conditions:
Appears in 4 contracts
Sources: Purchase, Assignment and Assumption Agreement (Polaris Aircraft Income Fund V), Purchase, Assignment and Assumption Agreement (Polaris Aircraft Income Fund V), Purchase, Assignment and Assumption Agreement (Polaris Aircraft Income Fund Ii)
Conditions Precedent to the Obligations of Assignee. The obligation of Assignee to purchase any the Transferred Interest Interests from Assignor and assume the obligations related thereto at the applicable Effective Time is are subject to the satisfaction or waiver of the following conditions:
Appears in 2 contracts
Sources: Purchase, Assignment and Assumption Agreement (GBC Bancorp), Purchase, Assignment and Assumption Agreement (GBC Bancorp)