Common use of New Loan Application Clause in Contracts

New Loan Application. If Buyer is to pay all or part of the Purchase Price by obtaining one or more new loans (New Loan), or if an existing loan is not to be released at Closing, Buyer, if required by such lender, must make an application verifiable by such lender, on or before New Loan Application Deadline and exercise reasonable efforts to obtain such loan or approval.

Appears in 6 contracts

Samples: Contract to Buy and Sell Real Estate (Residential), Contract to Buy and Sell Real Estate, Contract to Buy and Sell (Commercial)

AutoNDA by SimpleDocs

New Loan Application. If Buyer is to pay all or part of the Purchase Price by obtaining one or more new loans (New Loan), or if an existing loan is not to be released at Closing, Buyer, if required by such lender, must make an application verifiable by such lender, on or before New Loan Application Deadline and exercise reasonable efforts to obtain such loan or approval.. SAMPLE

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate

AutoNDA by SimpleDocs

New Loan Application. If Buyer is to pay all or part of the Purchase Price by obtaining one or more new loans 97 (New Loan), or if an existing loan is not to be released at Closing, Buyer, if required by such lender, must make an application 98 verifiable by such lender, on or before New Loan Application Deadline and exercise reasonable efforts to obtain such loan or 99 approval.

Appears in 1 contract

Samples: Contract to Buy and Sell Real Estate

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!