CONVENTIONAL OR USDA Sample Clauses

CONVENTIONAL OR USDA. If BUYER’s financing is conventional or USDA, it is expressly 74 agreed that, notwithstanding any other provision of this Agreement, BUYER shall not incur penalty by 75 forfeiture of deposit(s) or otherwise be obligated to complete the purchase of the Property described 76 herein if the Purchase Price exceeds the appraised value of the Property as established by XXXXX’s 77 lender’s appraiser. BUYER shall, however, have the option of proceeding with the consummation of 78 this Agreement without regard to the amount of said appraised value. This contingency shall expire 79 upon the expiration of the Loan Approval Period.
Sample 1Sample 2Sample 3
AutoNDA by SimpleDocs

Related to CONVENTIONAL OR USDA

  • Technical or Contractual Problems Contractor shall meet with the Department's personnel, or designated representatives, to resolve technical or contractual problems occurring during the contract term or to discuss the progress made by Contractor and the Department in the performance of their respective obligations, at no additional cost to the Department. The Department may request the meetings as problems arise and will be coordinated by the Department. The Department shall provide Contractor a minimum of three full working days notice of meeting date, time, and location. Face-to-face meetings are desired; however, at Contractor's option and expense, a conference call meeting may be substituted. Contractor’s consistent failure to participate in problem resolution meetings, Contractor missing or rescheduling two consecutive meetings, or Contractor’s failure to make a good faith effort to resolve problems may result in termination of the contract.

Time is Money Join Law Insider Premium to draft better contracts faster.