Ability to obtain definition

Ability to obtain as used herein means that Buyer is qualified to receive the loan based upon Lender’s customary and standard underwriting criteria. In the event Buyer, having acted in good faith, is unable to obtain financing by the Closing Date, Buyer may terminate this Agreement by providing written notice and a copy of Lender’s loan denial letter. Upon termination, Buyer is entitled to a refund of the Xxxxxxx Money less the cost of any unfunded Change Orders or Upgrades already performed, installed, or in the process of being performed or installed by the Seller on or for the Property. Buyer shall be obligated to Close this transaction if Buyer has the ability to obtain a loan for which Buyer has applied and been approved. Type of loan (select box) FHA: Addendum attached USDA Conventional VA: Addendum attached OTHER: Loan Obligations: The Buyer agrees and/or certifies as follows:
Ability to obtain as used herein means that Buyer is qualified to receive the loan described herein based upon Seller’s approved lenders’ customary and standard underwriting criteria.
Ability to obtain as used herein means that Buyer is qualified to receive the loan described herein based upon lender's customary and standard underwriting criteria. The loan shall be of the type selected below: Fixed Rate Mortgage Loan Adjustable Rate Mortgage FHA Loan VA Loan Other Loan

Examples of Ability to obtain in a sentence

  • Electronic signatures will not be accepted.● Ability to obtain and maintain a Secret up to Top Secret/Sensitive Compartmented Information level clearance as provided by USAID.● Ability to obtain a Department of State medical clearance.● Must not appear as an excluded party in the System for Award Management (SAM.gov).● Satisfactory verification of academic credentials.

  • Electronic signatures will not be accepted.• Supplemental document specifically addressing the Quality Ranking Factors (QRFs) submitted.• Ability to obtain and maintain a Secret up to Top Secret/Sensitive Compartmented Information level clearance as provided by USAID.• Ability to obtain a Department of State medical clearance.• Must not appear as an excluded party in the System for Award Management (SAM.gov).• Satisfactory verification of academic credentials.

  • Ability to obtain required insurance with coverage values that meet minimum requirements.

  • Electronic signatures will not be accepted.● Ability to obtain and maintain a Secret up to Top Secret/Sensitive Compartmented Information level clearance as provided by USAID.● Ability to obtain and maintain a Department of State medical clearance throughout the contract.● Must not appear as an excluded party in the System for Award Management (SAM.gov).● Satisfactory verification of academic credentials.

  • Experience that cannot be quantified will not be counted towards meeting the solicitation requirements;• Supplemental document specifically addressing how the candidate meets each of the Evaluation Factors submitted;• Ability to obtain a SECRET level security clearance (NOTE: Dual citizens may be asked to renounce second-country citizenship);• Satisfactory verification of academic credentials.


More Definitions of Ability to obtain

Ability to obtain as used herein means that Buyer is qualified to receive the loan described 83 herein based upon Lender’s customary and standard underwriting criteria. In the event Buyer, having acted in good 84 faith and in accordance with the terms below, is unable to obtain financing, Buyer may terminate this Agreement by 85 providing written notice and a copy of Lender’s loan denial letter via the Notification form or equivalent written 86 notice. Upon termination, Buyer is entitled to a refund of the Xxxxxxx Money. Lender is defined herein as the 87 financial institution funding the loan. 88 The loan shall be of the type selected below (Select the appropriate boxes. Unselected items will not be part of 89 this Agreement): 90 □ Conventional LoanFHA Loan; attach addendum 91 □ VA Loan; attach addendum □ Other 92 Loan Obligations: The Buyer agrees and/or certifies as follows:
Ability to obtain as used herein, means that Purchaser is qualified to receive the Loan based upon the criteria within the sole discretion of Purchaser’s lender. If Purchaser has the ability to obtain the Loan, Purchaser warrants that, at closing, Purchaser will have sufficient cash to complete the purchase of the Home. Purchaser further warrants that, unless otherwise specified herein, Purchaser does not need to sell or lease other real property in order to complete the purchase of the Home. To withdraw from this Agreement and obtain a return of the Xxxxxxx Money from Escrow Agent, Purchaser shall be required to provide Seller written notice of its inability to obtain a satisfactory financing commitment as stated above on or before the Financing Contingency Deadline (10 business days from the Effective Date of this Agreement). SHOULD PURCHASER NOT PROVIDE EVIDENCE OF APPROVAL OR DISAPPROVAL OF THE LOAN WITHIN SAID FINANCING CONTINGENCY DEADLINE, BY WRITTEN NOTICE TO SELLER AS PROVIDED IN THIS PARAGRAPH, THIS CONTINGENCY SHALL NOT APPLY AND THIS AGREEMENT SHALL BE ENFORCEABLE AGAINST PURCHASER IN ALL RESPECTS. SHOULD PURCHASER NOT BE ABLE TO OBTAIN FINANCING BY THE CLOSING DATE, THE INITIAL DEPOSIT as well as any and all secondary deposits or Builder Deposits SHALL BE DISBURSED BY ESCROW AGENT TO SELLER AND SELLER MAY PURSUE ANY AND ALL REMEDIES AVAILABLE PURSUANT TO THIS AGREEMENT OR AT LAW OR EQUITY IN A COURT OF COMPETENT JURISDICTION. In addition, at any time the Seller may require the Purchaser to show written evidence that Purchaser is actively pursuing financing. In the event that the Purchaser cannot show proper written evidence of financing within 5 days of request, the Seller may consider the Purchaser to be in default. For the benefit and convenience of Purchaser, Seller acknowledges that it has a banking relationship with the following lenders:
Ability to obtain as used herein means that Buyer is qualified to receive the loan described herein 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 65 (1) 66 67 68 69 (2) 70 71 72 73 74 75 76 (3) 77 (4) 78 (5) 79 80 (6) 81 64 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 based upon Lender’s customary and standard underwriting criteria. In consideration of Buyer, having acted in good faith and in accordance with the terms below, being unable to obtain financing by the Closing Date, the sufficiency of such consideration being hereby acknowledged, Buyer may terminate this Agreement by providing written notice via the Notification form or equivalent written notice. Seller shall have the right to request any supporting documentation regarding loan denial. Upon termination, Buyer is entitled to a refund of the Xxxxxxx Money/Trust Money. Lender is defined herein as the financial institution funding the loan. The loan shall be of the type selected below (Select the appropriate boxes. Unselected items will not be part of this Agreement): □ □ Conventional Loan FHA Loan; attach addendum □ □ VA Loan; attach addendum Rural Development/USDA □ □ _____________________________________________ THDA Other Buyer may apply for a loan with different terms and conditions and also Close the transaction provided all other terms and conditions of this Agreement are fulfilled, and the new loan does not increase any costs charged to Seller. Buyer shall be obligated to Close this transaction if Buyer has the ability to obtain a loan with terms as described herein and/or any other loan for which Buyer has applied and been approved.
Ability to obtain as used herein means that Buyer is qualified to receive the loan described herein 49 based upon Xxxxxx’s customary and standard underwriting criteria. In consideration of Xxxxx, having acted in good 50 faith and in accordance with the terms below, being unable to obtain financing by the Closing Date, the sufficiency of 51 such consideration being hereby acknowledged, Buyer may terminate this Agreement by providing written notice via 52 the Notification form or equivalent written notice. Seller shall have the right to request any supporting documentation 54 defined herein as the financial institution funding the loan. 55 The loan shall be of the type selected below (Select the appropriate box.): 56 □ Conventional LoanFHA Loan; attach addendum 57 □ VA Loan; attach addendum □ Rural Development/USDA 58 □ THDA □ Other 59 Buyer may apply for a loan with different terms and conditions and also Close the transaction provided all other terms 60 and conditions of this Agreement are fulfilled, and the new loan does not increase any costs charged to Seller. Buyer 61 shall be obligated to Close this transaction if Xxxxx has the ability to obtain a loan with terms as described herein 62 and/or any other loan for which Buyer has applied and been approved.
Ability to obtain as used herein means that Purchaser is qualified to receive the loan described herein based upon lender's customary and standard underwriting criteria. If Purchaser has the ability to obtain the loan referenced herein, Purchaser warrants that, at closing, Purchaser will have sufficient cash to complete the purchase of the Unit. Purchaser further warrants that unless otherwise specified herein, Purchaser does not need to sell or lease other real property in order to complete the purchase of the Unit. Purchaser shall provide Seller with written evidence of approval or qualification for the loan on or before fourteen (14) days from the date of Seller's acceptance of this Agreement. Should Purchaser not timely provide evidence of approval for the loan, Seller may terminate the Agreement and Holder shall pay all Xxxxxxx Money and Additional Xxxxxxx Money, if any, to Seller. Thereafter Seller may market and sell the Unit to any other person. Purchaser agrees that a loan with tenris consistent with those described herein shall satisfy this loan contingency. Purchaser may also apply for a loan with different terms and conditions and close the transaction provided (a) all other terms and conditions of this Agreement are fulfilled, and (b) the new loan does not increase the costs charged to the Seller. Purchaser shall be obligated to close this transaction if Purchaser has the ability to obtain a loan with terms as described herein and/or any other loan for which Purchaser has applied and been approved. If Purchaser applies for a loan with a lender that is not one of Seller's pre-approved lenders and Purchaser is not approved for said loan, Purchaser shall, within five (5) days of being disapproved for said loan, apply for financing with one of Seller's pre-approved lenders. If Seller's pre-approved lender also does not approve a loan for Purchaser, through no fault of Purchaser, this Agreement shall be null and void and of no force or effect and Purchaser shall be entitled to a complete refund of all Xxxxxxx Money paid hereunder. PURCHASER(S): [SEAL] Date: Print Name: SS#: [SEAL] Date: Print Name: SS#: EXIHIBIT "E" SELLING BROKER RELATIONSHIP In this transaction, the relationship of the Listing Broker and the Selling Broker to the Seller and Purchaser is specified below: ListingBroker: [The section not marked shall not be apart ofthis Agreement.]
Ability to obtain as used herein means that Buyer is qualified to receive the loan described herein 48 based upon Lender’s customary and standard underwriting criteria. In consideration of Buyer, having acted in good 49 faith and in accordance with the terms below, being unable to obtain financing by the Closing Date, the sufficiency of 50 such consideration being hereby acknowledged, Buyer may terminate this Agreement by providing written notice via 51 the Notification form or equivalent written notice. Seller shall have the right to request any supporting documentation 52 regarding loan denial. Upon termination, Buyer is entitled to a refund of the Xxxxxxx Money/Trust Money. Lender is 53 defined herein as the financial institution funding the loan.
Ability to obtain as used herein mean that Buyer is qualified to receive the loan described herein based upon lender's customary and standard underwriting criteria. The loan shall be of the type selected below: [THE SECTIONS NOT MARKED ARE NOT A PART OF THIS AGREEMENT.]