Appraisal Condition Sample Clauses

Appraisal Condition. The applicable appraisal provision set forth below applies to the respective loan type set forth 205 in § 4.5.3, or if a cash transaction (i.e. no financing), § 6.2.1 applies.
AutoNDA by SimpleDocs
Appraisal Condition. Buyer's obligation to purchase the Property: [ ] IS [ ] IS NOT conditioned upon the Property appraising for not less than the Purchase Price. This condition is referred to as the “Appraisal Condition.” If checked in the affirmative, Sections 8.2(a) and 8.2(b) apply; otherwise they do not.
Appraisal Condition. This subsection a. XXX Shall Shall Not apply. Buyer shall have the sole option and election to terminate this contract if the Purchase Price exceeds the Property's valuation determined by an appraiser engaged by Buyer's lender. The contract shall terminate by Buyer --------------- giving Seller written notice of termination and either a copy of such appraisal or written notice from lender which confirms the Property's valuation is less than the Purchaser Price, received on or before the Appraisal Deadline (ss.2c). If Seller does not receive such written notice of termination on or before the Appraisal Deadline (ss.2c), Buyer waives any right to terminate under this subsection. b.
Appraisal Condition. This subsection a. o Shall þ Shall Not apply.
Appraisal Condition. (Omitted as inapplicable)
Appraisal Condition. Buyer's obligation to purchase the Propert IS IS NOT conditioned upon the Property appraising for not less than the Purchase Price. This condition is referred to as the “Appraisal Condition.” If checked in the affirmative, Sections 8.2(a) and 8.2(b) apply; otherwise they do not.
Appraisal Condition. G (74) (1) No Appraisal Condition. This subsection a. shall not apply.
AutoNDA by SimpleDocs
Appraisal Condition. This subsection a.(68) G Shall G Shall Not apply. Buyer shall have the sole option and election to terminate this contract if the Purchase Price exceeds the Property’s valuation 133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 determined by an appraiser engaged by (69) . The contract shall terminate by Buyer giving Seller written notice of termination and either a copy of such appraisal or written notice from lender which confirms the Property’s valuation is less than the Purchase Price, received on or before the Appraisal Deadline (§ 2c). If Seller does not receive such written notice of termination on or before the Appraisal Deadline (§ 2c), Buyer waives any right to terminate under this subsection.
Appraisal Condition 

Related to Appraisal Condition

  • Physical Condition Except as disclosed in the Physical Conditions Reports delivered to Lender in connecting with this Loan, to Borrower's knowledge, the Property, including, without limitation, all buildings, improvements, parking facilities, sidewalks, storm drainage systems, roofs, plumbing systems, HVAC systems, fire protection systems, electrical systems, equipment, elevators, exterior sidings and doors, landscaping, irrigation systems and all structural components, are in good condition, order and repair in all material respects; there exists no structural or other material defects or damages in the Property, whether latent or otherwise, and Borrower has not received notice from any insurance company or bonding company of any defects or inadequacies in the Property, or any part thereof, which would adversely affect the insurability of the same or cause the imposition of extraordinary premiums or charges thereon or of any termination or threatened termination of any policy of insurance or bond.

  • ORIGINAL CONDITIONS A. All reinsurance under this Contract shall be subject to the same rates, terms, conditions, waivers and interpretations and to the same modifications and alterations as the Policy, subject to the terms and conditions of this Contract, and the Reinsurer shall be credited with its exact proportion of the Insured's premiums due to the Company under the Policy.

  • Financial Condition There shall have been no material adverse change, as determined by Bank, in the financial condition or business of Borrower, nor any material decline, as determined by Bank, in the market value of any collateral required hereunder or a substantial or material portion of the assets of Borrower.

  • Additional Conditions For each mediation or arbitration:

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!