Common use of Financing Required Clause in Contracts

Financing Required. Buyer’s obligation to purchase the Property IS conditioned upon Buyer obtaining the Loan referenced in Section 2.1(c). This Condition is referred to as the “Financing Condition.” If checked, Sections 8.3(b)(i), (ii) and (iii) apply; otherwise they do not. If the REPC is not cancelled by Buyer as provided in Sections 8.1(b) or 8.2(a), then Buyer agrees to work diligently and in good faith to obtain the Loan.

Appears in 12 contracts

Sources: Real Estate Purchase Contract, Real Estate Purchase Contract, Real Estate Purchase Contract

Financing Required. Buyer’s obligation to purchase the Property IS conditioned upon Buyer obtaining the Loan referenced in Section 2.1(c). This Condition is referred to as the “Financing Condition.” If checked, Sections 8.3(b)(i), (ii) and (iii) apply; otherwise they do not. If the REPC is not cancelled by Buyer ▇▇▇▇▇ as provided in Sections 8.1(b) or 8.2(a), then Buyer ▇▇▇▇▇ agrees to work diligently and in good faith to obtain the Loan.

Appears in 7 contracts

Sources: Real Estate Purchase Contract, Real Estate Purchase Contract, Real Estate Purchase Contract

Financing Required. Buyer’s 's obligation to purchase the Property IS conditioned upon Buyer obtaining the Loan referenced in Section 2.1(c). This Condition is referred to as the "Financing Condition." If checked, Sections 8.3(b)(i), (ii) and (iii) apply; otherwise they do not. If the REPC is not cancelled by Buyer ▇▇▇▇▇ as provided in Sections 8.1(b) or 8.2(a), then Buyer ▇▇▇▇▇ agrees to work diligently and in good faith to obtain the Loan.

Appears in 2 contracts

Sources: Real Estate Purchase Contract, Real Estate Purchase Contract