Common use of New Financing Clause in Contracts

New Financing. Buyer will secure a commitment for new third party financing for $ or % of the purchase price at (Check one) a fixed rate not exceeding % an adjustable interest rate not exceeding % at origination (a fixed rate at the prevailing interest rate based on Buyer's creditworthiness if neither choice is selected). Buyer will keep Seller and Xxxxxx fully informed of the loan application status and progress and authorizes the lender or mortgage broker to disclose all such information to Seller and Broker.

Appears in 1 contract

Samples: Purchase and Sale Agreement

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New Financing. Buyer will secure a commitment for new third party financing for $ 65 or % of the purchase price at (Check one) 🞎 a fixed rate not exceeding % 🞎 an 66 adjustable interest rate not exceeding % at origination (a fixed rate at the prevailing interest rate 67 based on Buyer's Xxxxx’s creditworthiness if neither choice is selected). Buyer will keep Seller and Xxxxxx Broker fully 68 informed of the loan application status and progress and authorizes the lender or mortgage broker to 69 disclose all such information to Seller and Broker.

Appears in 1 contract

Samples: Sale and Purchase Agreement

New Financing. Buyer will secure a commitment for new third party financing for $ 65 or % of the purchase price at (Check one) a fixed rate not exceeding % an 66 adjustable interest rate not exceeding % at origination (a fixed rate at the prevailing interest rate 67 based on BuyerXxxxx's creditworthiness if neither choice is selected). Buyer will keep Seller and Xxxxxx Broker fully 68 informed of the loan application status and progress and authorizes the lender or mortgage broker to 69 disclose all such information to Seller and Broker.

Appears in 1 contract

Samples: Sale and Purchase Agreement

New Financing. Buyer will secure a commitment for new third party financing for $ or % of the purchase price at (Check one) β–‘ a fixed rate not exceeding % β–‘ an adjustable interest rate not exceeding % at origination (a fixed rate at the prevailing interest rate based on Buyer's ’s creditworthiness if neither choice is selected). Buyer will keep Seller and Xxxxxx Broker fully informed of the loan application status and progress and authorizes the lender or mortgage broker to disclose all such information to Seller and Broker.

Appears in 1 contract

Samples: Vacant Land Contract

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New Financing. Buyer will secure a commitment for new third party financing for $ 61 or % of the purchase price at (Check one) a fixed rate not exceeding % an 62 adjustable interest rate not exceeding % at origination (a fixed rate at the prevailing interest rate 63 based on Buyer's creditworthiness if neither choice is selected). Buyer will keep Seller and Xxxxxx Broker fully 64 informed of the loan application status and progress and authorizes the lender or mortgage broker to 65 disclose all such information to Seller and Broker.

Appears in 1 contract

Samples: Vacant Land Contract

New Financing. Buyer will secure a commitment for new third party financing for $ 65 or % of the purchase price at (Check one) 🞎 a fixed rate not exceeding % 🞎 an 66 adjustable interest rate not exceeding % at origination (a fixed rate at the prevailing interest rate 67 based on Buyer's ’s creditworthiness if neither choice is selected). Buyer will keep Seller and Xxxxxx Broker fully 68 informed of the loan application status and progress and authorizes the lender or mortgage broker to 69 disclose all such information to Seller and Broker.

Appears in 1 contract

Samples: Sale and Purchase Agreement

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