MORTGAGE BOND APPROVAL Sample Clauses

MORTGAGE BOND APPROVAL. 5.1. In the event that an amount (other than nil) has been stipulated in item E of the Schedule then the sale of the Property in terms of this Agreement shall be subject to the Purchaser obtaining a mortgage loan from a registered bank or financial institution on the terms that the aforesaid bank or financial institution normally approves of loans for the purchase of residential Property, in the amount as stipulated in item E of the Schedule or such lesser amount that the Purchaser may accept, within 21 (twenty one) days of the Signature Date.
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MORTGAGE BOND APPROVAL. 5.1. In the event that an amount (other than nil) has been stipulated in item Error! Reference source not found. of the Schedule then the sale of the Property in terms of this Agreement shall be subject to the Purchaser obtaining a mortgage loan from a registered bank or financial institution on the terms that the aforesaid bank or financial institution normally approves of loans for the purchase of residential Property, in the amount as stipulated in item Error! Reference source not found. of the Schedule or such lesser amount that the Purchaser may accept, within 21 (twenty one) days of the Signature Date.
MORTGAGE BOND APPROVAL. This Deed of Sale is subject to the suspensive condition that the Purchaser obtains approval of a loan from a Financial Institution on the BOND DATE. If the Purchaser has not obtained approval on or before the BOND DATE, an extension of the BOND DATE may be provided at the sole election of the Listing Agent.
MORTGAGE BOND APPROVAL. 7.1 If an amount is specified in the SCHEDULE next to the item “Bond Amount” then this sale shall be subject to a suspensive condition upon the Purchaser obtaining a loan, as specified in the SCHEDULE, from a bank or recognized financial institution on its normal terms and conditions against the security of a first mortgage bond over the Unit within 21 (Twenty One) days of the date of Signature of this agreement (the “INITIAL PERIOD”), or on or before such further date as the Seller in its discretion may decide (the “EXTENDED PERIOD”) and the Seller shall advise the Purchaser accordingly. In the event that a bond is approved for an amount less than that stated in the SCHEDULE and the Purchaser elects to consider this condition to be fulfilled, the Purchaser undertakes to furnish the Seller’s Attorneys with either payment or a bank guarantee for the shortfall within 7 (seven) days from the date of the granting of the aforesaid bond.

Related to MORTGAGE BOND APPROVAL

  • Landlord Approval (Check one) ☐ Tenant requires Landlord’s written approval to sublet the Premises. In the event that the Original Lease requires the approval of Landlord prior to any subletting of the Premises by Tenant, then the validity of this Sublease is subject to securing the approval of Landlord. Tenant shall supply Subtenant a copy of Landlord’s written approval at least days prior to the start date of the Term. Should Tenant fail to secure approval of this Sublease by Landlord prior such date, this Sublease shall be null and void. Landlord may require information from Subtenant such as a bank statement or may seek to do a background and credit check on Subtenant and, in such case, Subtenant agrees to reasonably cooperate in all such matters. ☐ Tenant does NOT require Landlord’s written approval to sublet the Premises.

  • Consent and Approval Such Party has sought or obtained, or, in accordance with this Agreement will seek or obtain, each consent, approval, authorization, order, or acceptance by any Governmental Authority in connection with the execution, delivery and performance of this Agreement, and it will provide to any Governmental Authority notice of any actions under this Agreement that are required by Applicable Laws and Regulations.

  • Consents and Approval Except where expressly provided as being in the sole discretion of a Party, where agreement, approval, acceptance, consent, confirmation, notice or similar action by either Party is required under this Agreement, such action shall not be unreasonably delayed or withheld. An approval or consent given by a Party under this Agreement shall not relieve the other Party from responsibility for complying with the requirements of this Agreement, nor shall it be construed as a waiver of any rights under this Agreement, except as and to the extent otherwise expressly provided in such approval or consent.

  • Authorization, Approval, etc No authorization, approval, or other action by, and no notice to or filing with, any governmental authority, regulatory body or any other Person is required either

  • Consent and Approvals Except as otherwise expressly provided in this Agreement, all consents or approvals required under the terms of this Agreement must be in writing and will not be unreasonably withheld or delayed.

  • Authorization; Approvals The issuance of the Policy and the execution, delivery and performance of this Agreement and the Insurance Agreement have been duly authorized by all necessary corporate proceedings. No further approvals or filings of any kind, including, without limitation, any further approvals of or further filings with any governmental agency or other governmental authority, or any approval of the Insurer’s board of directors or stockholders, are necessary for the Policy, this Agreement and the Insurance Agreement to constitute the legal, valid and binding obligations of the Insurer.

  • Consents, Approvals, Etc No consent, approval, authorization, filing with or order of any court or governmental agency or body is required in connection with the transactions contemplated herein or in the Trust Agreement, the Warrant Agreement, the Securities Subscription Agreement, the Private Placement Warrants Purchase Agreement, the Registration Rights Agreement, or the Insider Letter, except for the registration under the Act and the Exchange Act of the Securities, and such as may be required under the state securities or blue sky laws of any jurisdiction in connection with the purchase and distribution of the Securities by the Underwriters in the manner contemplated herein and in the Registration Statement, Statutory Prospectus and the Prospectus.

  • Required Consents and Approvals All required consents and approvals shall have been obtained and be in full force and effect with respect to the transactions contemplated hereby and from (a) all relevant Governmental Authorities; and (b) any other Person whose consent or approval the Administrative Agent deems necessary or appropriate to effect the transactions contemplated hereby.

  • Consents and Approvals No consent or approval of, giving of notice to, registration with, or taking of any other action in respect of any state, federal or other governmental authority or agency is required with respect to the execution, delivery and performance by the Company of its obligations under this Agreement, except for the filing of notices pursuant to Regulation D under the Act and any filing required by applicable state securities law, which filings will be effective by the time required thereby.

  • Landlord Consents Pledgor shall use commercially reasonable efforts to deliver to Secured Party an executed letter in form and substance acceptable to Secured Party from each landlord from which Pledgor leases premises on which Goods or Inventory of Pledgor with a book value in excess of ten million dollars ($10,000,000) is located, stored, used or held in the United States of America promptly upon the book value of Goods or Inventory located, stored, used or held at such premises reaching ten million dollars ($10,000,000) (each such letter, a "LANDLORD WAIVER LETTER") pursuant to which such landlord, among other things, acknowledges the security interest granted by Pledgor to Secured Party in such Goods and Inventory, waives or subordinates any Lien such landlord may have in respect of such Goods or Inventory and agrees to provide the Secured Party with access to such premises upon the occurrence and during the continuance of an Event of Default.

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