Examples of Loan Assumption Application Submittal Deadline in a sentence
Purchaser agrees to provide Seller with a copy of the Loan Assumption Application no later than 2 Business Days prior to the Loan Assumption Application Submittal Deadline and shall provide evidence of its submission to Lender on or before the Loan Assumption Application Submittal Deadline.
Purchaser agrees to provide Sellers’ Representative with a copy of each Loan Assumption Application no later than the Loan Assumption Application Submittal Deadline and shall provide evidence of its submission to each Lender on or before the Loan Assumption Application Submittal Deadline.
The Loan Assumption Application Submittal Deadline, set forth in Section 4.5.3 of the Contract, is hereby extended to 5:00 pm (eastern time) on July 19, 2010.
The Loan Assumption Application Submittal Deadline is hereby extended to September 29, 2009.
Purchaser agrees to provide Seller with a copy of the Loan Assumption Application on or prior to the Loan Assumption Application Submittal Deadline and shall provide evidence of its submission to Lender on or before the Loan Assumption Application Submittal Deadline.
To the extent Purchaser fails to submit an application for a New Loan with a reputable lender on or before the Loan Assumption Application Submittal Deadline, Purchaser shall be deemed to have irrevocably elected not to apply for a New Loan, in which event all provisions of this Amendment and the Original Agreement (as modified by this Amendment) relating to the New Loan shall be of no further force or effect.
Purchaser agrees to provide Seller with a copy of the Loan Assumption Application no later than 2 Business Days prior to the Loan Assumption Application Submittal Deadline and shall provide evidence of its submission of the Loan Assumption Application to Lender on or before the Loan Assumption Application Submittal Deadline; provided such evidence shall not include any supporting financial statements, tax returns, organizational documents, or other materials or correspondence between Purchaser and Lender.
In addition, this chapter presents the results of the analytical strategy proposed at the end of the last chapter.
On or before the Loan Assumption Application Submittal Deadline, Purchaser shall (a) submit the Loan Assumption Application and process the Loan Assumption Application as provided in Section 4.5 of the Original Agreement and/or (b) submit an application for a New Loan and, thereafter, use its commercially reasonably efforts to comply with all of the new lender’s underwriting requirements for obtaining the New Loan.
Accordingly, Purchaser, at its sole cost and expense and within ten (10) Business Days after the Effective Date (the "Loan Assumption Application Submittal Deadline"), shall satisfy the requirements set forth in the Assumed Loan Documents to allow for the Loan Assumption and Release, including, without limitation, submitting a complete application to Lender for assumption of the Loan together with all documents and information required in connection therewith (the "Loan Assumption Application").