Common use of Buyer's Ability to Make Payments Clause in Contracts

Buyer's Ability to Make Payments. Xxxxx promises that Xxxxx is able to make, when due, all of the payments required under Article III above. Xxxxx also promises that the personal financial information which Xxxxx gives to Seller or any mortgage lender will be true and accurate. Xxxxx agrees that Seller or any mortgage lender is authorized to check Xxxxx's credit background and financial condition. Xxxxx agrees to confirm this authority promptly in writing if Xxxxxx asks.