Ability to obtain definition

Ability to obtain as used herein means that Buyer is qualified to receive the loan described herein based upon Seller’s approved lenders’ customary and standard underwriting criteria.
Ability to obtain as used herein means that Buyer is qualified to receive the loan based upon Lender’s customary and standard underwriting criteria. In the event Buyer, having acted in good faith, is unable to obtain financing by the Closing Date, Buyer may terminate this Agreement by providing written notice and a copy of Lender’s loan denial letter. Upon termination, Buyer is entitled to a refund of the Xxxxxxx Money less the cost of any unfunded Change Orders or Upgrades already performed, installed, or in the process of being performed or installed by the Seller on or for the Property. Buyer shall be obligated to Close this transaction if Buyer has the ability to obtain a loan for which Buyer has applied and been approved. FHA: Addendum attached USDA Conventional VA: Addendum attached OTHER: Loan Obligations: The Buyer agrees and/or certifies as follows:
Ability to obtain as used herein means that Buyer is qualified to receive the loan described 83 herein based upon Lender’s customary and standard underwriting criteria. In the event Buyer, having acted in good 84 faith and in accordance with the terms below, is unable to obtain financing, Buyer may terminate this Agreement by 85 providing written notice and a copy of Lender’s loan denial letter via the Notification form or equivalent written 86 notice. Upon termination, Buyer is entitled to a refund of the Xxxxxxx Money. Lender is defined herein as the 87 financial institution funding the loan. 88 The loan shall be of the type selected below (Select the appropriate boxes. Unselected items will not be part of 89 this Agreement): 90 □ Conventional LoanFHA Loan; attach addendum 91 □ VA Loan; attach addendum □ Other 92 Loan Obligations: The Buyer agrees and/or certifies as follows:

Examples of Ability to obtain in a sentence

  • Electronic signatures will not be accepted.● Ability to obtain and maintain a Secret up to Top Secret/Sensitive Compartmented Information level clearance as provided by USAID.● Ability to obtain a Department of State medical clearance.● Must not appear as an excluded party in the System for Award Management (SAM.gov).● Satisfactory verification of academic credentials.

  • Electronic signatures will not be accepted.• Supplemental document specifically addressing the Quality Ranking Factors (QRFs) submitted.• Ability to obtain and maintain a Secret up to Top Secret/Sensitive Compartmented Information level clearance as provided by USAID.• Ability to obtain a Department of State medical clearance.• Must not appear as an excluded party in the System for Award Management (SAM.gov).• Satisfactory verification of academic credentials.

  • Electronic signatures will not be accepted.● Ability to obtain and maintain a Secret up to Top Secret/Sensitive Compartmented Information level clearance as provided by USAID.● Ability to obtain and maintain a Department of State medical clearance throughout the contract.● Must not appear as an excluded party in the System for Award Management (SAM.gov).● Satisfactory verification of academic credentials.

  • Electronic signatures may be accepted.● Ability to obtain and maintain a Secret clearance.

  • Ability to obtain required insurance with coverage values that meet minimum requirements.


More Definitions of Ability to obtain

Ability to obtain as used herein means that Buyer is qualified to receive the loan described herein 48 based upon Lender’s customary and standard underwriting criteria. In consideration of Buyer, having acted in good 49 faith and in accordance with the terms below, being unable to obtain financing by the Closing Date, the sufficiency of 50 such consideration being hereby acknowledged, Buyer may terminate this Agreement by providing written notice via 51 the Notification form or equivalent written notice. Seller shall have the right to request any supporting documentation 52 regarding loan denial. Upon termination, Buyer is entitled to a refund of the Xxxxxxx Money/Trust Money. Lender is 53 defined herein as the financial institution funding the loan.
Ability to obtain as used herein means that Buyer is qualified to receive the loan described herein 48 based upon Lender’s customary and standard underwriting criteria. In consideration of Buyer, having acted in good 1st instance in Agreement between Buyer/Seller for refund of Xxxxxxx Xxxxx (EM) using the Notification Form RF656. *PLEASE NOTE the language the language. Throughout the Agreement, if language allows for EM disbursement via the Notification form, RF656 there is not a need for the EM Disbursement for, RF481. Buyer/Seller have agreed to allow disbursement in this manner, unless changed in Special Stipulations, Counter Offer(s) or Amendment to the Agreement. 49 faith and in accordance with the terms below, being unable to obtain financing by the Closing Date, the sufficiency of 50 such consideration being hereby acknowledged, Buyer may terminate this Agreement by providing written notice via RF656 51 the Notification form or equivalent written notice. Seller shall have the right to request any supporting documentation#7 52 regarding loan denial. Upon termination, Buyer is entitled to a refund of the Xxxxxxx Money/Trust Money. Lender is RF656 53 defined herein as the financial institution funding the loan. #20 54 MUST check The loan shall be of the type selected below (Select the appropriate boxes. Unselected items will not be part of 55 at least ONE this Agreement): check them 56 box. DO NOT□ Conventional LoanFHA Loan; attach addendum 57 all.Seller must□ VA Loan; attach addendum □ Rural Development/USDA 58 know type of □ THDA □ Other Use this if Buyer(s) has to sell a house before buying loan to consider. 61 62 Buyer may apply for a loan with different terms and conditions and also Close the transaction provided all other terms RF656 and conditions of this Agreement are fulfilled, and the new loan does not increase any costs charged to Seller. Buyer #8 shall be obligated to Close this transaction if Buyer has the ability to obtain a loan with terms as described herein and/or any other loan for which Buyer has applied and been approved. Buyer cannot just change mind & get loan denial. 63 This section
Ability to obtain as used herein means that Buyer is qualified to receive the loan described herein _______________________________ 48 based upon Xxxxxx’s customary and standard underwriting criteria. In consideration of Xxxxx, having acted in good dotloop signature verification: xxxx.xx/0xx0-XxXX-xxxX dotloop signature verification: xxxx.xx/X00x-xxXX-x0X 49 50 51 52 53 54 55 56 57 58 59 60 61 62 64 (1) 65 66 67 68 (2) 69 70 71 72 73 74 75 (3) 76 (4) 77 (5) 78 79 (6) 80 63 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 faith and in accordance with the terms below, being unable to obtain financing by the Closing Date, the sufficiency of such consideration being hereby acknowledged, Buyer may terminate this Agreement by providing written notice via the Notification form or equivalent written notice. Seller shall have the right to request any supporting documentation regarding loan denial. Upon termination, Xxxxx is entitled to a refund of the Xxxxxxx Money/Trust Money. Lender is defined herein as the financial institution funding the loan. The loan shall be of the type selected below (Select the appropriate boxes. Unselected items will not be part of this Agreement): □ □ Conventional Loan FHA Loan; attach addendum □ □ VA Loan; attach addendum Rural Development/USDA _____________________________________________ □ □ THDA Other Buyer may apply for a loan with different terms and conditions and also Close the transaction provided all other terms and conditions of this Agreement are fulfilled, and the new loan does not increase any costs charged to Seller. Buyer shall be obligated to Close this transaction if Buyer has the ability to obtain a loan with terms as described herein and/or any other loan for which Buyer has applied and been approved.
Ability to obtain as used herein means that Buyer is qualified to receive the loan described herein based upon lender's customary and standard underwriting criteria. If Buyer has the ability to obtain the loan referenced herein, Buyer warrants that, at closing, Buyer will have sufficient cash to complete the purchase of the Premises. Buyer further warrants that Buyer does not need to sell or lease other real property in order to complete the purchase of the Premises. Buyer shall provide Seller with written evidence of approval for a loan for purchase of the Premises under the terms and conditions set forth in this Contract on or before ( ) days from the Effective Date (the “Loan Approval Date”). Upon receipt of evidence of loan approval by Seller, this financing contingency shall no longer apply. In the event the loan is disapproved and evidence of such disapproval is provided to Seller by the Loan Approval Date, then Buyer may terminate the Contract by written notice to Seller by the Loan Approval Date, Holder shall return the Xxxxxxx Money and any Construction Deposit to Buyer, and all further rights, obligations and liabilities created hereunder shall be deemed terminated and of no further force and effect. In the event the loan is disapproved and Buyer does not elect to terminate the Contract, then Seller, in Seller’s discretion, may nonetheless terminate the Contract and Holder shall return the Xxxxxxx Money and any Construction Deposit to Buyer, and all further rights, obligations and liabilities created hereunder shall be deemed terminated and of no further force and effect. Should Buyer not provide evidence of approval or disapproval of loan by the Loan Approval Date, then, at the election of Seller: (i) this contingency shall not apply, this transaction shall be considered an all cash transaction, and Seller shall not pay any closing costs or; (ii) Seller may terminate the Contract. Notwithstanding the above, in the event the loan is disapproved solely on the bases that the appraised value of the Premises is too low, and if Buyer elects to terminate the Contract as provided for above, then Seller shall not return any Construction Deposit, the parties having expressly agreed that this is a risk being assumed by the Buyer. Buyer agrees that a loan with terms consistent with those described herein shall satisfy this loan contingency. Buyer may also apply for a loan with different terms and conditions and close the transaction provided (a) all other terms and condition...
Ability to obtain as used herein mean that Buyer is qualified to receive the loan described herein based upon lender's customary and standard underwriting criteria. The loan shall be of the type selected below: [THE SECTIONS NOT MARKED ARE NOT A PART OF THIS AGREEMENT.]
Ability to obtain as used herein means that Buyer is qualified to receive the loan described herein 49 based upon Xxxxxx’s customary and standard underwriting criteria. In consideration of Xxxxx, having acted in good 50 faith and in accordance with the terms below, being unable to obtain financing by the Closing Date, the sufficiency of 51 such consideration being hereby acknowledged, Buyer may terminate this Agreement by providing written notice via 52 the Notification form or equivalent written notice. Seller shall have the right to request any supporting documentation 54 defined herein as the financial institution funding the loan. 55 The loan shall be of the type selected below (Select the appropriate boxes. Unselected items will not be part of 56 this Agreement): 57 □ Conventional LoanFHA Loan; attach addendum 58 □ VA Loan; attach addendum □ Rural Development/USDA 59 □ THDA □ Other 60 Buyer may apply for a loan with different terms and conditions and also Close the transaction provided all other terms 61 and conditions of this Agreement are fulfilled, and the new loan does not increase any costs charged to Seller. Buyer 62 shall be obligated to Close this transaction if Xxxxx has the ability to obtain a loan with terms as described herein 63 and/or any other loan for which Buyer has applied and been approved.
Ability to obtain as used herein means that Buyer is qualified to receive the loan described herein based upon lender's customary and standard underwriting criteria. The loan shall be of the type selected below: Fixed Rate Mortgage Loan Adjustable Rate Mortgage FHA Loan VA Loan Other Loan