Common use of Conditions Precedent Transfer Timing Calculations and Substitutions Clause in Contracts

Conditions Precedent Transfer Timing Calculations and Substitutions. Conditions Precedent Each Transfer obligation of the Pledgor under Paragraphs 3 and 5 and of the Secured Party under Paragraphs 3, 4(d)(ii), 5 and 6(d) is subject to the conditions precedent that: