Common use of Lender Financing Clause in Contracts

Lender Financing. If Purchaser’s obligations are contingent upon receiving lender financing, Purchaser shall make a complete written application and pay any required Lender costs within the time specified in Section IV. Contingencies. Purchaser shall use best efforts to obtain loan approval meeting the terms of Purchaser’s application, or terms more favorable to Purchaser. Loan approval meeting the terms of Purchaser’s application, or terms more favorable to Purchaser shall be accepted by Purchaser. Lender may require inspections and or work to be performed as a condition of loan approval, however Seller shall not be required to pay any part thereof.