1.2. Term of Agreement. Purchaser agrees to use diligent efforts to obtain said approval and shall apply for the mortgage loan within business days after the Seller has accepted this.I'm gonna break down all the terms and conditions so you can understand what it means and we're gonna fill that out so you can have a real-life example of it. With our free Sales Agreement form, you'll be ready to print or download your contract in no time. IDENTIFICATION: Please clearly reference the Purchase Order number on all correspondence, i.e. , packages, invoices, letters, and other items.