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Common use of Subject to Financing Clause in Contracts

Subject to Financing. The Tenant’s ability to purchase the Premises is predicated on their ability to obtain financing within [#] business days (the “Financing Period”) of exercising the option to purchase with: (check one) ☐ - Third (3rd) Party Financing ☐ - Seller Financing under the following terms: Loan Amount: $[AMOUNT] Down Payment: $[AMOUNT] Interest Rate (per year): [#]% Term: [#] ☐ Months ☐ Years If the Tenant is not able to obtain financing within the Financing Period, the Deposit shall be refunded to the Tenant.

Appears in 23 contracts

Samples: Rent to Own Agreement, Rent to Own Agreement, Rent to Own Agreement

Subject to Financing. The Tenant’s ability to purchase the Premises is predicated on their ability to obtain financing within [#] business days (the “Financing Period”) of exercising the option to purchase with: (check one) ☐ - Third (3rd) Party Financing ☐ - Seller Financing under the following terms: Loan Amount: $[AMOUNT] Down Payment: $[AMOUNT] Interest Rate (per year): [#]% Term: [#] ☐ Months ☐ Years If the Tenant is not able to obtain financing within the Financing Period, the Deposit shall be refunded to the Tenant.

Appears in 4 contracts

Samples: Rent to Own Agreement, Rent to Own Agreement, Rent to Own Agreement

Subject to Financing. The Tenant’s ability to purchase the Premises is predicated on their ability to obtain financing within [#] ____ business days (the “Financing Period”) of exercising the option to purchase with: (check one) ☐ - Third (3rd) Party Financing ☐ - Seller Financing under the following terms: Loan Amount: $[AMOUNT] ____________________ Down Payment: $[AMOUNT] ____________________ Interest Rate (per yearannum): [#]% ____% Term: [#] ____ ☐ Months ☐ Years If the Tenant is not able to obtain financing within the Financing Period, the Deposit shall be refunded refundable to the Tenant.

Appears in 2 contracts

Samples: Rent to Own Agreement, Rent to Own Lease Agreement

Subject to Financing. The Tenant’s ability to purchase the Premises is predicated on their ability to obtain financing within [#] business days (the “Financing Period”) of exercising the option to purchase with: (check one) ☐ - Third (3rd) Party Financing ☐ - Seller Financing under the following terms: a.) Loan Amount: $[AMOUNT] $ b.) Down Payment: $[AMOUNT] $ c.) Interest Rate (per yearannum): [#]% Term: [#] ☐ Months ☐ Years If the Tenant is not able to obtain financing within the Financing Period, the Deposit shall be refunded to the Tenant.%

Appears in 2 contracts

Samples: Rent to Own Agreement, Rent to Own Lease Agreement

Subject to Financing. The Tenant’s ability to purchase the Premises is predicated on their ability to obtain financing within [#] ____ business days (the “Financing Period”) of exercising the option to purchase with: (check one) ☐ - Third (3rd) Party Financing ☐ - Seller Financing under the following terms: Loan Amount: $[AMOUNT] ____________________ Down Payment: $[AMOUNT] ____________________ Interest Rate (per yearannum): [#]% ____% Term: [#] ☐ ____ ☐ Months ☐ Years If the Tenant is not able to obtain financing within the Financing Period, the Deposit shall be refunded refundable to the Tenant.

Appears in 1 contract

Samples: Rent to Own Agreement