Common use of Uncashed Funds Clause in Contracts

Uncashed Funds. “Uncashed Funds” are funds associated with checks sent to Settlement Class Members that remain uncashed after the 180-day check cashing period referenced in Paragraph 24, above. One hundred percent (100%) of the Uncashed Funds shall be transferred to the unclaimed property fund managed by the State of Washington in the name of the Settlement Class Member whose check remained uncashed and/or undeliverable pursuant to the Washington State Unclaimed Property Act (RCW 63.29, et seq.).

Uncashed Funds. “Uncashed Funds” are the funds associated with checks sent to Settlement Participating Class Members that remain uncashed after the 180120-day check cashing period referenced in Paragraph 24, above. One hundred percent (100%) of the Uncashed Funds shall be transferred to the unclaimed property fund managed by the State of Washington in the name of the Settlement Class Member whose check remained uncashed and/or undeliverable pursuant to the Washington State Unclaimed Property Act (RCW 63.29, et sequndeliverable.).