Common use of Subject to Financing Clause in Contracts

Subject to Financing. The Tenant’s ability to purchase the Premises is predicated on their ability to obtain financing within [#] business days (the “Financing Period”) of exercising the option to purchase with: (check one) ☐ - Third (3rd) Party Financing ☐ - Seller Financing under the following terms: Loan Amount: $[AMOUNT] Down Payment: $[AMOUNT] Interest Rate (per year): [#]% Term: [#] ☐ Months ☐ Years If the Tenant is not able to obtain financing within the Financing Period, the Deposit shall be refunded to the Tenant.

Appears in 23 contracts

Samples: Lease Option) Agreement, Lease Option) Agreement, Lease Option) Agreement

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Subject to Financing. The Tenant’s ability to purchase the Premises is predicated on their ability to obtain financing within [#] ____ business days (the “Financing Period”) of exercising the option to purchase with: (check one) ☐ - Third (3rd) Party Financing ☐ - Seller Financing under the following terms: Loan Amount: $[AMOUNT] ____________________ Down Payment: $[AMOUNT] ____________________ Interest Rate (per yearannum): [#]% ____% Term: [#] ____ ☐ Months ☐ Years If the Tenant is not able to obtain financing within the Financing Period, the Deposit shall be refunded refundable to the Tenant.

Appears in 2 contracts

Samples: Own Agreement, Own Lease Agreement

Subject to Financing. The Tenant’s ability to purchase the Premises is predicated on their ability to obtain financing within [#] business days (the “Financing Period”) of exercising the option to purchase with: (check one) ☐ - Third (3rd) Party Financing ☐ - Seller Financing under the following terms: a.) Loan Amount: $[AMOUNT] $ b.) Down Payment: $[AMOUNT] $ c.) Interest Rate (per yearannum): [#]% Term: [#] ☐ Months ☐ Years If the Tenant is not able to obtain financing within the Financing Period, the Deposit shall be refunded to the Tenant.%

Appears in 2 contracts

Samples: Own Agreement, Own Lease Agreement

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Subject to Financing. The Tenant’s ability to purchase the Premises is predicated on their ability to obtain financing within [#] business days (the “Financing Period”) of exercising the option to purchase with: (check one) ☐ - Third (3rd) Party Financing ☐ - Seller Financing under the following terms: Loan Amount: $[AMOUNT] Down Payment: $[AMOUNT] Interest Rate (per year): [#]% Term: [#] ☐ Months ☐ Years If the Tenant is not able to obtain financing within the Financing Period, the Deposit shall be refunded to the Tenant.

Appears in 1 contract

Samples: Lease Option) Agreement

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