LENDER REQUIRED REPAIRS. If the contract is contingent upon Buyer obtaining financing and Lender requires any repairs to the property as a condition of Buyer’s loan approval, and the Seller declines to pay for the required repairs, then the Buyer may cancel this contract and all xxxxxxx money will be refunded upon the execution and delivery of a mutual release. If Buyer elects to cancel the Contract due to Seller's election not to pay any repairs required by Buyer's lender, Seller agrees to execute a mutual release authorizing the return of the Xxxxxxx Money to Buyer promptly upon receipt of the Notice of Cancelation and mutual release.
LENDER REQUIRED REPAIRS. Tenant shall be responsible for any repairs to the Facilities or reserves for repairs to the Facilities required by Lender in accordance with the Loan Documents. Landlord shall provide a copy of Loan Documents to Tenant upon receipt of the Loan Documents by Landlord.
LENDER REQUIRED REPAIRS. Seller agrees to make any repairs required by the lending institution not to exceed $ ($0.00 if left blank). If such repairs exceed this amount and Seller refuses to pay the excess, Buyer may pay the excess, or (if not prohibited by Xxxxx's lender) accept the Property with the limited repairs, or accept the above-specified amount at closing as a reduction of the Purchase Price, or Buyer may cancel this Contract by notifying Seller in writing within hours (24 hours if left blank) of Xxxxx being informed of Xxxxxx's refusal to pay the excess cost of repairs. Should Buyer fail to cancel this Contract after being informed of Xxxxxx's refusal to pay the excess cost of repairs the Contract shall be closed as scheduled.
LENDER REQUIRED REPAIRS. Should any lender, insuring entity or agency require that certain repairs be made to the Property or that any other conditions be met, the Seller shall have the sole and exclusive right to either (i) comply with such requirements; or (ii) terminate the Contract. In the event Seller terminates the Contract, the Seller shall promptly refund the Buyer’s xxxxxxx money and Seller shall have no further obligations to the Buyer whatsoever and the Contract shall be deemed null and void and of no further force or effect.
LENDER REQUIRED REPAIRS. Neither the Seller nor the Buyer is obligated to pay for any lender required repairs or remediations, unless both Parties agreed in writing. If repairs will exceed five percent, the lender has the sole option to terminate the agreement. If the Parties cannot come to an agreement for the lender required repairs or remediations, this Agreement will terminate and the xxxxxxx money will be refunded to the Buyer within ten days of the receipt of the written notice.
LENDER REQUIRED REPAIRS. Seller agrees to make any repairs required by the
LENDER REQUIRED REPAIRS. If Lender requires any repairs to the property as a condition of Xxxxx’s loan approval and the Seller declines to pay for the required repairs, then the Buyer may cancel this contract and all xxxxxxx money will be refunded upon the execution
LENDER REQUIRED REPAIRS. If the contract is contingent upon Buyer obtaining financing and Lender requires any repairs to the property as a condition of Buyer’s loan approval, and the Seller declines to pay for the required repairs, then the Buyer may cancel this contract and all xxxxxxx money will be refunded upon the execution and delivery of a mutual release. If Xxxxx elects to cancel the Contract due to Seller's election not to pay any repairs required by Xxxxx's lender, Xxxxxx agrees to execute a mutual release authorizing the return of the Xxxxxxx Money to
