Litton Loan - Buyer agrees not to sell within 90 days

[Michael G.]

This clause was in a memo sent to me from Litton.

1.) Arm’s Length Clause - “Seller and buyer each represent that the sale is an “arm’s length†transaction and the seller and buyer are unrelated to each other by family marriage or commercial enterprise. The buyer agrees not to sell the property within 90 days of closing of this sale.â€

Is that going to prevent me from doing a double close or is that meant for FHA buyers due to 90 day seasoning on FHA loans?