MORTGAGE BOND APPROVAL Sample Clauses

MORTGAGE BOND APPROVAL. 5.1. In the event that an amount (other than nil) has been stipulated in item E of the Schedule then the sale of the Property in terms of this Agreement shall be subject to the Purchaser obtaining a mortgage loan from a registered bank or financial institution on the terms that the aforesaid bank or financial institution normally approves of loans for the purchase of residential Property, in the amount as stipulated in item E of the Schedule or such lesser amount that the Purchaser may accept, within 21 (twenty one) days of the Signature Date.
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MORTGAGE BOND APPROVAL. 5.1. In the event that an amount (other than nil) has been stipulated in item Error! Reference source not found. of the Schedule then the sale of the Property in terms of this Agreement shall be subject to the Purchaser obtaining a mortgage loan from a registered bank or financial institution on the terms that the aforesaid bank or financial institution normally approves of loans for the purchase of residential Property, in the amount as stipulated in item Error! Reference source not found. of the Schedule or such lesser amount that the Purchaser may accept, within 21 (twenty one) days of the Signature Date.
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MORTGAGE BOND APPROVAL. This Deed of Sale is subject to the suspensive condition that the Purchaser obtains approval of a loan from a Financial Institution on the BOND DATE. If the Purchaser has not obtained approval on or before the BOND DATE, an extension of the BOND DATE may be provided at the sole election of the Listing Agent.
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MORTGAGE BOND APPROVAL. 7.1 If an amount is specified in the SCHEDULE next to the item “Bond Amount” then this sale shall be subject to a suspensive condition upon the Purchaser obtaining a loan, as specified in the SCHEDULE, from a bank or recognized financial institution on its normal terms and conditions against the security of a first mortgage bond over the Unit within 21 (Twenty One) days of the date of Signature of this agreement (the “INITIAL PERIOD”), or on or before such further date as the Seller in its discretion may decide (the “EXTENDED PERIOD”) and the Seller shall advise the Purchaser accordingly. In the event that a bond is approved for an amount less than that stated in the SCHEDULE and the Purchaser elects to consider this condition to be fulfilled, the Purchaser undertakes to furnish the Seller’s Attorneys with either payment or a bank guarantee for the shortfall within 7 (seven) days from the date of the granting of the aforesaid bond.
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Related to MORTGAGE BOND APPROVAL

  • Landlord Approval (Check one) ☐ Tenant requires Landlord’s written approval to sublet the Premises. In the event that the Original Lease requires the approval of Landlord prior to any subletting of the Premises by Tenant, then the validity of this Sublease is subject to securing the approval of Landlord. Tenant shall supply Subtenant a copy of Landlord’s written approval at least days prior to the start date of the Term. Should Tenant fail to secure approval of this Sublease by Landlord prior such date, this Sublease shall be null and void. Landlord may require information from Subtenant such as a bank statement or may seek to do a background and credit check on Subtenant and, in such case, Subtenant agrees to reasonably cooperate in all such matters. ☐ Tenant does NOT require Landlord’s written approval to sublet the Premises.

  • Consent and Approval Such Party has sought or obtained, or, in accordance with this Agreement will seek or obtain, each consent, approval, authorization, order, or acceptance by any Governmental Authority in connection with the execution, delivery and performance of this Agreement, and it will provide to any Governmental Authority notice of any actions under this Agreement that are required by Applicable Laws and Regulations.

  • FAA APPROVAL This Agreement may be subject to approval of the FAA. If the FAA disapproves this Agreement, it will become null and void, and both Parties will bear their own expenses relative to this Agreement, up to the date of disapproval.

  • Clearances and Approvals 3.1 The Consumer shall obtain all the necessary statutory approvals and clearances (environmental and grid connection related) before connecting the photovoltaic system to the distribution system.

  • County Review and Approval of Insurance Requirements The County reserves the right to review and adjust the Required Insurance provisions, conditioned upon County’s determination of changes in risk exposures.

  • Consents and Approvals No consent or approval of, giving of notice to, registration with, or taking of any other action in respect of any state, federal or other governmental authority or agency is required with respect to the execution, delivery and performance by the Company of its obligations under this Agreement, except for the filing of notices pursuant to Regulation D under the Act and any filing required by applicable state securities law, which filings will be effective by the time required thereby.

  • ROAD WORK PHASE APPROVAL Purchaser shall obtain written approval from the Contract Administrator upon completion of each of the following phases of road work:  Drainage installation  Subgrade compaction  Rock compaction SUBSECTION RESTRICTIONS

  • Approvals and Consent Except as otherwise set out in this Agreement, and subject to any statutory obligations, a Party may give or withhold an approval or consent to be given under this Agreement in that Party’s absolute discretion and subject to any conditions determined by the Party. A Party is not obliged to give its reasons for giving or withholding consent or for giving consent subject to conditions.

  • Course Approval Approval for dual credit shall be by the LEA and POSTSECONDARY INSTITUTION representatives on a course-by-course basis each semester based on the student’s prior coursework, career pathway, and/or academic readiness. There is no state limit to the number of credits a student may earn through dual credit in an academic term; however, the student must meet eligibility requirements.

  • Permits and Approvals Consultant shall obtain, at its sole cost and expense, all permits and regulatory approvals necessary in the performance of this Agreement. This includes, but shall not be limited to, encroachment permits and building and safety permits and inspections.

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