Common use of NOT be Subject to Financing Clause in Contracts

NOT be Subject to Financing. If the Tenant does not receive adequate financing to purchase the Premises by the Closing, the Deposit shall be non-refundable and paid to the Landlord. INSPECTION PERIOD. After the Tenant exercises the option to purchase, they shall: (check one) ☐ - Have an Inspection Period. They shall have a total of [#] business days (the “Inspection Period”) to perform their own inspections, tests, and investigations to verify any information provided by the Landlord. The Tenant agrees to forward any and all reports from such inspections to the Landlord at no cost. After all inspections are complete, the Tenant shall have an additional [#] business days from the end of the Inspection Period to display any material defects on the Premises to the Landlord. If there is no mutual agreement within [#] business days of the Tenant presenting the material defects, the Tenant shall be able to collect and be refunded the full amount of the Deposit.

NOT be Subject to Financing. If the Tenant does not receive adequate financing to purchase the Premises by the Closing, the Deposit shall be non-refundable and paid to the Landlord. INSPECTION PERIOD. After the Tenant exercises the option to purchase, they shall: (check one) ☐ ☐
- Have an Inspection Period. They shall have a total of [#] business days (the “Inspection Period”) to perform their own inspections, tests, and investigations to verify any information provided by the Landlord. The Tenant agrees to forward any and all reports from such inspections to the Landlord at no cost. After all inspections are complete, the Tenant shall have an additional [#] business days from the end of the Inspection Period to display any material defects on the Premises to the Landlord. If there is no mutual agreement within [#] business days of the Tenant presenting the material defects, the Tenant shall be able to collect and be refunded the full amount of the Deposit.