Conditions to Sale of Contracts. The Purchaser's obligations hereunder are subject to the following conditions: (a) The Purchaser shall have received (i) the Sale and Servicing Agreement executed by all the parties thereto, (ii) all documents required by the Sale and Servicing Agreement and (iii) such other opinions and documents as the Purchaser may reasonably require in connection with the purchase of the Contracts hereunder or the sale of the Notes and Certificates; (b) The representations and warranties of the Seller and the Servicer made in the Sale and Servicing Agreement shall be true and correct on the Closing Date; and (c) The Purchaser shall have received from counsel to the Seller a letter stating that the Purchaser may rely on such counsel's opinion delivered pursuant to the Sale and Servicing Agreement and such counsel's opinions to Moody's Investors Service, Inc. ▇▇▇ ▇▇▇ndard and Poor's Corporation in respect of the sale of the Contracts to the Purchaser by the Seller, or such opinions may be addressed and delivered to the Purchaser.
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Sources: Purchase Agreement (Cit Group Securitization Corp Ii), Purchase Agreement (Cit Group Securitization Corp Ii)
Conditions to Sale of Contracts. The Purchaser's obligations hereunder are subject to the following conditions:
(a) The Purchaser shall have received (i) the Sale and Servicing Agreement executed by all the parties thereto, (ii) all documents required by the Sale and Servicing Agreement and (iii) such other opinions and documents as the Purchaser may reasonably require in connection with the purchase of the Contracts hereunder or the sale of the Notes and the Certificates;
(b) The representations and warranties of the Seller and the Servicer made in the Sale and Servicing Agreement shall be true and correct on the Closing Date; and
(c) The Purchaser shall have received from counsel to the Seller a letter stating that the Purchaser may rely on such counsel's opinion delivered pursuant to the Sale and Servicing Agreement and such counsel's opinions to Moody's ▇▇▇▇▇'▇ Investors Service, Inc. ▇▇▇ ▇▇▇ndard and Standard and Poor's Corporation in respect of the sale of the Contracts to the Purchaser by the Seller, or such opinions may be addressed and delivered to the Purchaser.
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Conditions to Sale of Contracts. The Purchaser's obligations hereunder are subject to the following conditions:
(a) The Purchaser shall have received (i) the Sale and Servicing Agreement executed by all the parties thereto, (ii) all documents required by the Sale and Servicing Agreement and (iii) such other opinions and documents as the Purchaser may reasonably require in connection with the purchase of the Contracts hereunder or the sale of the Notes and the Certificates;
(b) The representations and warranties of the Seller and the Servicer made in the Sale and Servicing Agreement shall be true and correct on the Closing Date; and
(c) The Purchaser shall have received from counsel to the Seller a letter stating that the Purchaser may rely on such counsel's opinion delivered pursuant to the Sale and Servicing Agreement and such counsel's opinions to Moody's ▇▇▇▇▇'▇ Investors Service, Inc. ▇▇▇ ▇▇▇ndard and Standard and Poor's Corporation Ratings Service in respect of the sale of the Contracts to the Purchaser by the Seller, or such opinions may be addressed and delivered to the Purchaser.
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Conditions to Sale of Contracts. The Purchaser's obligations hereunder are subject to the following conditions:
(a) The Purchaser shall have received (i) the Sale and Servicing Agreement executed by all the parties thereto, (ii) all documents required by the Sale and Servicing Agreement and (iii) such other opinions and documents as the Purchaser may reasonably require in connection with the purchase of the Contracts hereunder or the sale of the Notes and Certificates;
(b) The representations and warranties of the Seller and the Servicer made in the Sale and Servicing Agreement shall be true and correct on the Closing Date; and
(c) The Purchaser shall have received from counsel to the Seller a letter stating that the Purchaser may rely on such counsel's opinion delivered pursuant to the Sale and Servicing Agreement and such counsel's opinions to Moody's ▇▇▇▇▇'▇ Investors Service, Inc. ▇▇▇ ▇▇▇ndard and Standard and Poor's Corporation in respect of the sale of the Contracts to the Purchaser by the Seller, or such opinions may be addressed and delivered to the Purchaser.
Appears in 1 contract
Sources: Purchase Agreement (Cit Group Inc)
Conditions to Sale of Contracts. The Purchaser's ------------------------------- obligations hereunder are subject to the following conditions:
(a) The Purchaser shall have received (i) the Sale and Servicing Agreement executed by all the parties thereto, (ii) all documents required by the Sale and Servicing Agreement and (iii) such other opinions and documents as the Purchaser may reasonably require in connection with the purchase of the Contracts hereunder or the sale of the Notes and the Certificates;
(b) The representations and warranties of the Seller and the Servicer made in the Sale and Servicing Agreement shall be true and correct on the Closing Date; and
(c) The Purchaser shall have received from counsel to the Seller a letter stating that the Purchaser may rely on such counsel's opinion delivered pursuant to the Sale and Servicing Agreement and such counsel's opinions to Moody's ▇▇▇▇▇'▇ Investors Service, Inc. ▇▇▇ ▇▇▇ndard and Standard and Poor's Corporation Ratings Service in respect of the sale of the Contracts to the Purchaser by the Seller, or such opinions may be addressed and delivered to the Purchaser.
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Conditions to Sale of Contracts. The Purchaser's obligations hereunder are subject to the following conditions:
(a) The Purchaser shall have received (i) the Sale and Servicing Agreement executed by all the parties thereto, (ii) all documents required by the Sale and Servicing Agreement and (iii) such other opinions and documents as the Purchaser may reasonably require in connection with the purchase of the Contracts hereunder or the sale of the Notes and the Certificates;
(b) The representations and warranties of the Seller and the Servicer made in the Sale and Servicing Agreement shall be true and correct on the Closing Date; and
(c) The Purchaser shall have received from counsel to the Seller a letter stating that the Purchaser may rely on such counsel's opinion delivered pursuant to the Sale and Servicing Agreement and such counsel's opinions to Moody's Investors Service, Inc. ▇▇▇ ▇▇▇ndard ▇▇'▇ Investors Service and Standard and Poor's Corporation Rating Services in respect of the sale of the Contracts to the Purchaser by the Seller, or such opinions may be addressed and delivered to the Purchaser.
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