Does this condition mean that if we rely on a new mortgage and the seller does not allow a bank to do an appraisal on the house, we may wait to pay the Purchase Price to the Seller until after the transfer and new mortgage documents have been registered?

Condition 13

13. BUYER FINANCING: If the Buyer is relying upon a new mortgage to finance the
Purchase Price, the Buyer, while still required to pay the Purchase Price on the
Completion Date, may wait to pay the Purchase Price to the Seller until after the
transfer and new mortgage documents have been lodged for registration in the
appropriate Land Title Office but only if, before such lodging, the Buyer has: (a)
made available for tender to the Seller that portion of the Purchase Price not
secured by the new mortgage and (b) fulfilled all the new mortgagee’s conditions for
funding except lodging the mortgage for registration and (c) made available to the
Seller, a Lawyer’s or Notary’s undertaking to pay the Purchase Price upon the
lodging of the transfer and new mortgage documents and the advance by the
mortgagee of the mortgage proceeds pursuant to the Canadian Bar Association (BC
Branch) (Real Property Section) standard undertakings (the “CBA Standard
Undertakings”).