Good Funds Sample Clauses

Good Funds. All amounts payable by the parties at Closing, including any loan proceeds, Cash at Closing 120 and closing costs, must be in funds that comply with all applicable Colorado laws, including electronic transfer funds, certified 121 check, savings and loan teller’s check and cashier’s check (Good Funds).
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Good Funds. Shares purchased by wire transfer or automatically through a shareholder's paycheck will be considered collected immediately ("Good Funds"). Absent information to the contrary (i.e., notification from the payee institution), Uncollected Funds will be considered Good Funds on the tenth calendar day following trade date.
Good Funds. Buyer and Seller shall pay, in Good Funds, their respective Closing costs and all other items required to be paid at Closing, except as otherwise provided herein.
Good Funds. All purchase payments transferred or that may be transferred to the Company pursuant to this Agreement originated directly from a bank or brokerage account in the name of the Buyer located within the United States of America or another Compliant Jurisdiction as defined in by the Financial Action Task Force on Money Laundering (found at http://www.oecd.org/fatf/). -------------------------
Good Funds. Notwithstanding terms to the contrary, the Parties agree that as a condition to Closing, all funds 100 delivered to the closing agent's escrow account be in such form that the closing agent shall be able to disburse in 101 compliance with I.C. 27-07-3.7 et. seq. Therefore, all funds from a single source of $10,000, U.S. Dollars, or more shall 102 be wired unconditionally to the closing agent's escrow account and all funds under $10,000, U.S. Dollars, from a single 103 source shall be good funds as so defined by statute. Xxxxx is advised that the cost incurred to wire funds on behalf of 104 the buyer to the closing agent's escrow account for the closing of this transaction shall become an expense to the buyer 105 and the actual cost incurred shall appear on the closing statement. 106 5. WIRE FRAUD. If you receive any electronic communication directing you to transfer funds or provide 107 nonpublic personal information, EVEN IF THAT ELECTRONIC COMMUNICATION APPEARS TO BE FROM 108 BROKER OR TITLE COMPANY, do not respond until you verify the authenticity by direct communication with 109 Broker or Title Company. Do not rely on telephone numbers provided in the electronic communication. Such 110 requests may be part of a scheme to steal funds or use your identity. 111
Good Funds. All funds, including the Purchase Price to be paid by Buyer, must be paid before or at Closing or as otherwise agreed in writing between the parties to allow disbursement by Closing Agent at Closing OR SUCH NONPAYING PARTY WILL BE IN DEFAULT. Buyer represents that Buyer, as of the date of this Contract, has funds that are immediately verifiable and available in an amount not less than the amount of the Total Purchase Price set forth in Section 3(a) above.
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Good Funds. The Initial Deposit shall be held and disbursed in accordance with the escrow provisions set forth in Section 2.3.
Good Funds. All funds used for the purchase of the Purchased Shares originated directly from a bank or brokerage account in the name of the Purchaser located within the United States of America or another Compliant Jurisdiction as defined in by the Financial Action Task Force on Money Laundering (found at xxxx://xxx.xxxx.xxx/fatf/) or in any other manner that may violate the Uniting and Strengthening America by Providing Appropriate Tools Required to Intercept and Obstruct Terrorism (USA PATRIOT ACT) Act of 2001, Pub. L. No. 107-56, 115 Stat. 272, or any similar law or regulation or executive order based on such law.
Good Funds. Prior to Closing, all funds deposited in Escrow shall be in “Good Funds” which shall mean a wire transfer of funds from a financial institution located in the State of California.
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