Conditions to Obligation of Ally Auto Sample Clauses

The "Conditions to Obligation of Ally Auto" clause defines the specific requirements that must be satisfied before Ally Auto is legally required to fulfill its obligations under the agreement. Typically, these conditions may include the completion of due diligence, receipt of necessary approvals, or the absence of material adverse changes affecting the transaction. By clearly outlining these prerequisites, the clause ensures that Ally Auto is only bound to perform once all agreed-upon conditions are met, thereby protecting the party from unforeseen risks or incomplete preparations.
Conditions to Obligation of Ally Auto. The obligation of Ally Auto to purchase the Receivables hereunder and pursuant to the First Step Receivables Assignment is subject to the satisfaction of the following conditions:
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Conditions to Obligation of Ally Auto. The obligation of Ally Auto to purchase the Secured Notes hereunder and pursuant to the First Step Secured Notes Assignment is subject to the satisfaction of the following conditions:
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Related to Conditions to Obligation of Ally Auto

  • Conditions to Obligation of Each Party to Effect the Merger. The respective obligations of each party to effect the Merger shall be subject to the satisfaction at or prior to the Effective Time of the following conditions:

  • Conditions to Obligation of the Purchaser The obligation of the Purchaser to purchase the Receivables from the Seller on the Closing Date is subject to the satisfaction of the following conditions:

  • Conditions to Obligations of Parent The obligation of Parent to effect the Merger is also subject to the satisfaction, or waiver by Parent, at or prior to the Effective Time, of the following conditions:

  • Conditions to Obligation of the Company The obligation of the Company to effect the Merger is also subject to the satisfaction or waiver by the Company at or prior to the Effective Time of the following conditions:

  • Conditions to Obligations of Company The obligation of Company to effect the Merger is also subject to the satisfaction or waiver by Company at or prior to the Effective Time of the following conditions: