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Common use of Conditions to Obligation of the Depositor Clause in Contracts

Conditions to Obligation of the Depositor. The obligation of the Depositor to purchase the First-Tier Assets as set forth in Section 2.1 is subject to the satisfaction of the following conditions:

Appears in 22 contracts

Sources: First Tier Sale Agreement (Ford Credit Auto Lease Trust 2015-B), First Tier Sale Agreement (Ford Credit Auto Lease Trust 2015-B), First Tier Sale Agreement (Ford Credit Auto Lease Trust 2015-A)

Related Clauses

  • Conditions to Obligation of the Seller
  • Conditions to Obligation of the Purchaser
  • Conditions to Obligation of the Sellers
  • Conditions to Obligation of the Company
  • Conditions to Obligation of the Buyer

Parent Clauses

  • Conditions
  • Representations and Warranties
  • Conditions to Obligation of the Depositor
  • Protection of Right, Title and Interest...................
  • Representations and Warranties of the Depositor

Sub-Clauses

  • Other Transactions
  • Representations and Warranties True
  • Computer Files Marked
  • Evidence of UCC Filing
  • Other Documents
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