Variations in New Loan Balance. In the event Buyer is obtaining a New Loan and the amount ultimately obtained exceeds the amount set forth in paragraph 5.1, then the amount of the Purchase Money Note, if any, shall be reduced by the amount of such excess.
Appears in 7 contracts
Samples: Offer, Agreement and Escrow Instructions, Offer, Agreement and Escrow Instructions (Unico American Corp), Offer, Agreement and Escrow Instructions
Variations in New Loan Balance. In the event Buyer is obtaining a New Loan and in the event that the amount ultimately of the New Loan actually obtained exceeds is greater than the amount set forth in paragraph 5.15.1 hereof, then the amount of the Purchase Money Note, if anyone is called for in this transaction, shall be reduced by the excess of the actual face amount of the New Loan over such excessamount as designated in paragraph 5.1 hereof.
Appears in 5 contracts
Samples: Offer, Agreement and Escrow (Affinity Group Holding Inc), Offer, Agreement and Escrow Instructions (Newstar Media Inc), Offer, Agreement (CDRJ Investments Lux S A)
Variations in New Loan Balance. In the event Buyer is obtaining a New Loan and in the event that the amount ultimately of the New Loan actually obtained exceeds is greater than the amount set forth in paragraph 5.1Paragraph 5.1 hereof, then the amount of the Purchase Money Note, if anyone is called for in this transaction, shall be reduced by the excess of the actual face amount of the New Loan over such excessamount as designated in Paragraph 5.1 hereof.]
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