Purchaser’s Obligation to Seek a Loan Commitment Sample Clauses

Purchaser’s Obligation to Seek a Loan Commitment. Purchaser represents that Purchaser is financially capable of making all required payments at the required times set forth herein. At the time of Execution of this Sales Contract, Purchase shall provide Seller with a letter from a Mortgage Lender verifying (i) the source of any down payment, (ii) Purchaser's yearly income, (iii) Purchaser's credit score/rating, and (iv) that Purchaser is pre- qualified for a mortgage in the amount set forth in Section C.2. Xxxxxxxx further agrees, if requested, to sign an authorization for Seller to obtain a credit score/rating of Purchaser. If Purchaser does not require financing, Purchase shall provide a letter acceptable to Seller from a reputable financial institution verifying that Purchaser has sufficient funds on deposit to pay the Total Purchase Price. If financing is required by Purchaser, Purchaser shall, within five (5) days from the date of execution of this Sales Contract by Purchaser, apply for mortgage financing from a Mortgage Lender, promptly sign and deliver all documents and diligently take all steps necessary to qualify and obtain the required financing. An original executed copy of any notification of loan approval or mortgage commitment obtained by Purchaser shall be delivered to Seller immediately upon receipt by Purchaser. Seller shall have the right, in Seller’s sole discretion, to disapprove of any loan approval or mortgage commitment submitted to Seller under this Sales Contract within thirty (30) days of the receipt of same by Xxxxxx. In the event that Seller shall not have given written notice of disapproval to Purchaser within said thirty (30) day period, such loan approval or mortgage commitment shall be deemed to be approved. Seller shall have no obligation to arrange for Purchaser’s mortgage financing. Purchaser agrees to be solely responsible for any fees charged by Purchaser’s Mortgage Lender in processing and canceling Purchaser’s loan application. The presentation of a written loan approval or mortgage commitment by the Purchaser to the Seller and Xxxxxx’s acceptance thereof shall constitute an agreement by Purchaser that Purchaser shall perform all of the terms, conditions and agreement contained therein. In order to facilitate Xxxxxx’s awareness of Purchaser’s progress in obtaining a mortgage loan under this Section, Purchaser hereby authorizes any of Purchaser’s prospective lenders to transmit to Seller upon Seller’s request any and all information necessary for this purpose, includi...
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Related to Purchaser’s Obligation to Seek a Loan Commitment

  • PURCHASER’S OBLIGATIONS Conditions to Purchaser’s Obligations

  • Seller’s Obligation The obligation of Seller to sell and deliver the Shares to Buyer is subject to the satisfaction (or waiver by Seller) as of the Closing of the following conditions:

  • Conditions Precedent to Seller’s Obligations The obligations of Seller to effect the Closing of the transactions contemplated hereby are subject to the fulfillment, prior to or at the Closing, of each of the following conditions, any of which may be waived in writing by Seller:

  • USER’S OBLIGATIONS In order to receive the benefits of this Warranty, the End-user must use the Product in a normal way; follow the Product's operation and maintenance manual; and protect against further damage to the Product if there is a covered defect. OTHER LIMITATIONS: Company's obligations under this Warranty are expressly conditioned upon receipt by Company of all payments due to it (including interest charges, if any). During such time as Company has not received payment of any amount due to it for the Product, in accordance with the contract terms under which the Product is sold, Company shall have no obligation under this Warranty. Also during such time, the period of this Warranty shall continue to run and the expiration of this Warranty shall not be extended upon payment of any overdue or unpaid amounts. COSTS NOT RELATED TO WARRANTY: The End-user shall be invoiced for, and shall pay for, all services not expressly provided for by the terms of this Warranty, including without limitation, site calls involving an inspection that determines no corrective maintenance is required. Any costs for replacement equipment, installation, materials, freight charges, travel expenses or labor of Company representatives outside the terms of this Warranty will be borne by the End-user. OBTAINING WARRANTY SERVICE: In the USA, call the Customer Reliability Center 7x24 at 800.356.5737. Outside of the USA, contact your local Xxxxx product sales or service representative for units purchased from those countries, or call the Customer Reliability Center in the USA at 919.845.3683 for units purchased in the USA that were shipped overseas. For comments or questions about this Warranty, write to the Customer Quality Representative, 0000 Xxx Xxxxx Xxxx, Xxxxxxx, Xxxxx Xxxxxxxx 00000 XXX.

  • Seller’s Obligations At Closing, Seller shall deliver or cause to be delivered to Buyer the following:

  • Conditions to Seller’s Obligations The obligations of Seller to consummate the transactions contemplated by this Agreement are subject to the satisfaction of the following conditions on or before the Closing Date:

  • Buyer’s Obligations At Closing, Buyer shall deliver or cause to be delivered to Seller the following:

  • Subscriber’s Obligations It is the responsibility of the Subscriber to purchase computer hardware and software and/or make modifications to their existing equipment that are necessary for access to the Database. The Subscriber is responsible for ensuring that unauthorized personnel do not use the Subscriber’s computer. Information accessed from the Database is for the use of the Subscriber.

  • Seller’s Obligations at Closing At Closing, Seller shall:

  • Developer's Obligation The Developer shall bear the total cost and expense of all the obligations and duties created by this Contract unless otherwise explicitly stated in this Contract. Those obligations and duties are, generally, to create all Improvements as may be required by the City in accordance with this Contract and with City Requirements. Such Improvements include but are not limited to: i) all Improvements within the Project; ii) all Improvements connecting to water, sewer, or stormwater infrastructure outside the Project, whether existing or planned; iii) modifications to any existing water, sewer, or stormwater infrastructure outside the Project that facilitate provision of utility service to the Project, or compliance with City Requirements, or integration of the Improvements with the surrounding existing or planned water, sewer, or stormwater system; and iv) new streets or alterations to existing streets or rights of way within which the Improvements are located. The Developer's obligations also include all costs, including but not limited to legal costs, of acquiring all fees or easements within which the Improvements will be located.

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