REVIEW ONLY. In the event the Contractor only wishes to view a submitted response, the Contractor may select “View/Edit”. Once the Contractor has finished viewing the response, the Contractor may simply exit the screen. DO NOT SELECT “Save for Later.” Team Georgia Marketplace™ recognizes any response placed in the “Save for Later” status as a work in progress and withdraws the originally submitted bid. As a result, unless the Contractor selects “Submit” prior to the closing date and time, no response will be transmitted to the Department.
REVIEW ONLY. 62. The Purchaser covenants and agrees to deliver to the Vendor, from time to time, within ten (10) days of written demand from the Vendor, all necessary financial and personal information required by the Vendor in order to confirm the Purchaser's ability to pay the balance of the Purchase Price on the Closing Date, including without limitation, written confirmation of the Purchaser's income, a copy of a mortgage approval letter from a financial institution and evidence of the source of the down payments required to be made by the Purchaser in accordance with this Agreement. Without limiting the generality of the foregoing and notwithstanding any other provision in this Agreement to the contrary, within ten (10) days of written demand from the Vendor, the Purchaser agrees to produce evidence of a satisfactory mortgage approval signed by a lending institution or acceptable mortgagee acceptable to the Vendor in its sole discretion confirming that the said lending institution or acceptable mortgagee will be advancing funds to the Purchaser sufficient to pay the balance due on the Closing Date. If the Purchaser fails to provide the mortgage approval (the “Mortgage Approval”) as aforesaid, then the Purchaser shall be deemed to be in default under this Agreement and the Vendor may, in its sole discretion, elect to accept in the place of such mortgage commitment, other evidence satisfactory to the Vendor that the Purchaser will have sufficient funds to pay the balance due on the Closing Date. In the event that the Purchaser fails to provide the Vendor with the Mortgage Approval as noted herein, then the Purchaser shall be deemed to be in default herein, then in such case the Vendor has the right to terminate this Agreement and any deposits, monies paid for extras, upgrades, charges or premiums will be forfeited by Purchaser to Vendor as liquidated damages and not as a penalty.
