SALE CONDITIONAL UPON LOAN. 14.1 This Agreement is subject to the Purchaser obtaining a loan from a financial institution for the sum stipulated in B.(iv) or such lesser amount as is acceptable to the Purchaser at the financial institution's standard rate of interest and on its usual terms and conditions within 31 (thirty one) days of date of signature of this agreement or such extended period as the Seller in its sole discretion in writing may allow, failing which this Agreement shall lapse and be of no further force or effect.
SALE CONDITIONAL UPON LOAN. 15.1 This offer is subject to the suspensive condition that the purchaser is able to raise a loan in the loan amount within fourteen days of date hereof upon the security of a first mortgage over the unit on substantially the same terms and conditions as bonds granted by any bank or other financial institution in respect of similar properties and for purchasers of a similar financial standing. This condition shall be deemed to be fulfilled immediately upon written advice from a financial institution stating that it is prepared to make the loan notwithstanding that funds might not immediately be available and notwithstanding that the final approval of the loan cannot be given until the sectional plans have been approved.
SALE CONDITIONAL UPON LOAN. 15.1. This offer is subject to the suspensive condition that the purchaser is able to raise a loan in the loan amount within 21 (twenty one) ordinary days of the date hereof upon the security of a first mortgage over the property. This condition shall be deemed to be fulfilled immediately a letter is issued by a financial institution stating that the loan has been approved in principle;
