Common use of No Contingency Clause in Contracts

No Contingency. Yes □/No □ If this is a cash transaction and not contingent on financing. Buyer agrees to provide within five (5) calendar days from the Effective Date of this Agreement financial statements or other written verification of Buyer’s ability to purchase the Residence with cash. If Buyer does not (in Seller’s sole judgement, based on the documentation provided by Buyer to Seller) have the financial ability to purchase the Residence with cash, then Seller may terminate this Agreement by refunding Buyer any paid Deposit within 30 days of Seller’s decision to terminate this Agreement.

Appears in 2 contracts

Sources: Residence Purchase Agreement, Residence Purchase Agreement