Common use of Purchaser Financing Clause in Contracts

Purchaser Financing. Except as otherwise provided in (i) Section 4.6.9 above with respect to the Loan Assumption and Release for the Assumed Properties, (ii) Section 4.7 above with respect to the Purchaser Loans for the Lazy Hollow Property and the Hillmeade Property and (iii) Section 4.8 with respect to the AIMCO Loans for the AIMCO Loan Properties, Purchaser assumes full responsibility to obtain the funds required for settlement, and Purchaser’s acquisition of such funds shall not be a contingency to the Closing.

Appears in 5 contracts

Samples: Purchase and Sale Contract, Purchase and Sale Contract (Consolidated Capital Properties Iv), Purchase and Sale Contract (Angeles Income Properties LTD 6)

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