Finance Amount definition
Examples of Finance Amount in a sentence
It is a condition precedent to the Purchaser’s obligation to complete this Contract, that within the Finance Period, the Financier approves a loan of the Finance Amount, on terms acceptable to the Purchaser acting reasonably.
Finance Amount (Insert amount) $ Financier (Insert name) Finance Period (Complete) Until the day of 20 or (Insert number) days from the Contract Date or Subject to Sale Clause If this Contract is subject to the signing and/or settlement of the sale of the Purchaser's Property, complete all relevant details below.
If the Order notes that the Customer requires credit or finance, then performance under this Contract is conditional on the Customer obtaining approval of finance for the Finance Amount from the Financier by the Finance Date on terms satisfactory to the Customer.
Finance Amount: $ ■ Unless all of “Finance Amount”, “Financier” and “Finance Date" are completed, this contract is not subject to finance and clause 3 does not apply.
In the event such Finance Amount is not raised by Borrower from its existing limited liability company members, the interest rate and Maturity Date amendments to the Note, stated herein, shall revert to the previously existing interest rate and Maturity Date from prior Amendments to the Note, as described below.