Common use of Restricted Financing Clause in Contracts

Restricted Financing. Buyer acknowledges and agrees that all first trust deed, secondary, home equity line financing and any other financing that is secured by Buyer’s interest in the Property is restricted to financing available to Buyer from the Authorized Lender appointed by Seller pursuant to the Pepperdine University Home Loan Program (“PUHLP”), as the same may be amended from time to time. Paragraphs 4.0, 4.1 and 4.2 shall survive the Close of Escrow.

Restricted Financing. Buyer acknowledges and agrees that all first trust deed, secondary, home equity line financing and any other financing that is secured by Buyer’s interest in the Property is restricted to financing available to Buyer from the Authorized Lender appointed by Seller pursuant to the Pepperdine University Home Loan Program (“PUHLP”), as the same may be amended from time to time. Paragraphs 4.0, , 4.1 and 4.2 shall survive the Close of Escrow.