05 10 FINANCING CONTINGENCY CLAUSE
| Jurisdiction | Arkansas |
| Library | Arkansas Form Book - Complete (2023 Ed.) |
05-10 FINANCING CONTINGENCY CLAUSE
Notwithstanding anything else contained in this Agreement, Purchaser's obligation to close shall be contingent upon Purchaser obtaining a loan (which may be secured by Purchaser's acquired interest in the Property) of at least [percentage]% of the Purchase Price, from a lender of Purchaser's choosing (the "New Loan"). Purchaser agrees to submit one or more loan applications to desired lender(s) no later than [number of days] business days following the Effective Date, and...
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