Common use of Effect of Payment of Purchase Price Clause in Contracts

Effect of Payment of Purchase Price. Upon the payment of the Purchase Price for any Purchase (whether through a capital contribution or a Subordinated Loan or otherwise), title to the Receivables and to the other related Purchased Assets subject to such Purchase shall vest in the Buyer, whether or not the conditions precedent to such Purchase were in fact satisfied; provided, however, that if one or more conditions precedent to such -------- ------- Purchase was in fact not satisfied, the Buyer shall not be deemed to have waived any claim it may have under this Agreement for the failure by the Originator in fact to satisfy any such condition precedent.

Effect of Payment of Purchase Price. Upon the payment of the Purchase Price for any Purchase (whether through a capital contribution or a Subordinated Loan or otherwiseLoan), title to the Receivables and to the other related Purchased Assets subject to such Purchase shall vest in the Buyer, whether or not the conditions precedent to such Purchase were in fact satisfied; provided, however, that if one or more conditions precedent to such -------- ------- Purchase was in fact not satisfied, the Buyer shall not be deemed to have waived any claim it may have under this Agreement for the failure by the Originator in fact to satisfy any such condition precedent.

Effect of Payment of Purchase Price. Upon the payment of the Purchase Price (whether in cash or by an increase in the principal amount outstanding under the applicable Initial Purchaser Note) for any Purchase (whether through a capital contribution or a Subordinated Loan or otherwise)purchase of Receivables and Related Assets, title to the such Receivables and to the other related Purchased Related Assets subject to such Purchase shall vest in the BuyerInitial Purchaser, whether or not the conditions precedent to such Purchase purchase were in fact satisfied; provided, however, provided that if one or more conditions precedent to such -------- ------- Purchase was in fact not satisfied, the Buyer Initial Purchaser shall not be deemed to have waived any claim it may have under this the Purchase and Sale Agreement for the failure by the any Originator in fact to satisfy any such condition precedent.

Effect of Payment of Purchase Price. Upon the payment of the Purchase Price (whether in cash, by an increase in a Buyer Note, or by issuance of a Letter of Credit, in each case pursuant to Section 3.1) for any Purchase (whether through a capital contribution or a Subordinated Loan or otherwise)Purchase, title to the Receivables and to the other related Purchased Related Assets subject to such included in the Purchase shall vest in the Buyer, whether or not the conditions precedent to such the Purchase were in fact satisfied; provided, however, that if one or more conditions precedent to such -------- ------- Purchase was in fact not satisfied, the Buyer shall not be deemed to have waived any claim it may have under this Agreement for the failure by the Originator a Seller in fact to satisfy any such condition precedent.