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Common use of Purchaser’s Conditions Precedent Clause in Contracts

Purchaser’s Conditions Precedent. The obligation of the Seller to sell the Subsequent Receivables hereunder is subject to the satisfaction of the following conditions precedent:

Appears in 7 contracts

Sources: Purchase Agreement (Franklin Receivables Auto Trust 2003-1), Purchase Agreement (Franklin Auto Trust 2004-2), Purchase Agreement (Franklin Auto Trust 2004-1)

Related Clauses

  • Seller’s Conditions Precedent
  • Buyer’s Conditions Precedent
  • Conditions Precedent
  • Initial Conditions Precedent
  • Purchaser’s Conditions

Parent Clauses

  • Conditions Precedent
  • Conditions to Closing
  • Conditions Precedent to Closing
  • Purchaser’s Conditions Precedent
  • Closing

Sub-Clauses

  • Representations and Warranties
  • No Material Adverse Change
  • Proceedings
  • Covenants
  • Receipt of Closing Documentation
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