CONVENTIONAL OR USDA Sample Clauses

CONVENTIONAL OR USDA. If BUYER’s financing is conventional or USDA, it is expressly 74 agreed that, notwithstanding any other provision of this Agreement, BUYER shall not incur penalty by 75 forfeiture of deposit(s) or otherwise be obligated to complete the purchase of the Property described 76 herein if the Purchase Price exceeds the appraised value of the Property as established by ▇▇▇▇▇’s 77 lender’s appraiser. BUYER shall, however, have the option of proceeding with the consummation of 78 this Agreement without regard to the amount of said appraised value. This contingency shall expire 79 upon the expiration of the Loan Approval Period.