CERTIFIED FUNDS Sample Clauses
The CERTIFIED FUNDS clause requires that payments made under the agreement must be in the form of funds that are guaranteed by a financial institution, such as a cashier’s check, certified check, or wire transfer. This means that personal checks or other non-guaranteed forms of payment are not acceptable, ensuring that the recipient receives secure and immediately available funds. The core function of this clause is to minimize the risk of payment default or delay by mandating reliable, verifiable payment methods.
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CERTIFIED FUNDS. If any check for payment of rent or additional rent is returned for Non-sufficient funds or any other reason than the Landlord shall have the right to require all current and future payments, including, the returned payment, to be made by certified check or money order. By initialing below, you acknowledge and agree to the terms in Section 2. X J L X MDJ R
CERTIFIED FUNDS. If any noncash payment made by Tenant is not paid by the bank or other institution on which it is drawn, whether due to insufficient funds, Tenant’s instruction to the drawee to stop payment on a check, draft, or order for the payment of money, or other cause, Landlord shall have the right, exercised by notice to Tenant, to require that Tenant make all future payments by certified funds or cashier's check.
CERTIFIED FUNDS. The Purchaser acknowledges and agrees that any and all funds required herein to be paid by certified cheque to the Vendor’s and/or the Vendor’s solicitors shall be drawn on a lawyer’s trust account, which trust account must be with one of the Schedule “I” Banks in Canada and which lawyer must be, both in good standing with the Law Society of Ontario and an authorized ERS user.
CERTIFIED FUNDS. If any check for payment of rent or additional rent is returned for Non-sufficient funds or any other reason than the Landlord shall have the right to require all current and future payments, including, the returned payment, to be made by certified check or money order. to persons who may wish to rent it. Furthermore, Landlord/Agent shall have the right to enter the Premises AT ANY TIME, to correct a problem or defect that is considered, in the Landlord/Agent’s sole udgment, to be an emergency. If notice is given in writing and/or email if applicable, to the tenant for entry 24hrs in advanced and the tenant refuses entry there will be an administration fee of Seventy Five Dollars ($75.00) charged to the tenant. This cost is for sending an employee to the property with the intended purpose without gaining entry.
CERTIFIED FUNDS. If any two non-cash payments made by Tenant are not paid by the bank or other institution on which they are drawn because of Tenant's failure to maintain sufficient funds, Landlord shall have the right, exercisable by notice to Tenant, to require that Tenant make all future payments by certified funds or cashier's check.
CERTIFIED FUNDS. If any noncash payment made by Lessee is not paid by the bank or other institution on which it is drawn more than once each calendar year, Lessor shall have the right, exercised by notice to Lessee, to require that Lessee make all future payments by certified funds or cashier’s check.
CERTIFIED FUNDS. As used in this Agreement, the term “Certified Funds” shall mean, funds that are guaranteed by bank, (cleared wire transfer, cashier’s check), or paid in cash (subject to the cash limit as defined herein below).
CERTIFIED FUNDS. The Owner/Agent may demand or require certified funds such as a cashier’s check as the exclusive form of payment of rent or security deposit if the Resident has twice (2x) previously attempted to pay the Owner/Agent with a check drawn on insufficient funds or the Resident has stopped payment on a check, draft, or money order. If the Owner/Agent chooses to demand or require certified funds under these circumstances, the Owner/Agent shall give the Resident a written notice stating that the payment instrument was dishonored and informing the Resident that the Resident shall pay using certified funds only for a period of 6 months for the 1st returned check and for the duration of the tenancy for any thereafter and attach a copy of the dishonored instrument to the notice.
CERTIFIED FUNDS. Purchaser must pay Seller the balance of monies due at closing by certified check, cashier’s check, or by check drawn from an attorney or title company escrow account. Personal checks are absolutely NOT acceptable, and will be rejected.
CERTIFIED FUNDS. The Purchaser acknowledges and agrees that any and all funds required herein to be paid by certified cheque to the Vendor’s and/or the Vendor’s solicitors shall be drawn on a lawyer’s trust account, which trust account must be with one of the Schedule “I” Banks in Canada and which lawyer must be, both in good standing with the Law Society of Ontario and an authorized ERS user. The Purchaser(s) hereby acknowledge Your Advocates Realty Inc. has an agency relationship with the Vendor: Country Wide Homes at Cornell Inc. and will be compensated through the Vendor. This compensation is usually called commission and usually takes the form of a fee or payment from the Vendor of the real property upon successful completion of the real estate transaction. An agency relationship is created where one person, known as the principal asks another person, known as the agent, to act for an on behalf of the principal. The principal will define the nature and extent of the agency relationships are created when vendors or purchasers ask Realtors to act on their behalf in real estate transactions. SAMPLE An agent who represents a principal (vendor) owes the principal (vendor) the highest duty of “utmost faith”, the agent must represent the principals (vendors) best interests at all times. The agent owes his principal (vendor) a duty of confidentiality regarding information about the principal (vendor). However, the purchaser can expect the Realtor to disclose all pertinent information about the property, not to misrepresent any facts, and to honestly answer all questions about the property. This has been a usual form of relationship for many years in the real estate industry. As Purchaser, I/we confirm and acknowledge being advised that, and consent to the fact that acts as agent only for the Vendor and will be compensated only by the Vendor. Dated at day of . Witness Purchaser/Buyer (Please Print Name) Witness Purchaser/Buyer (Please Print Name) This Statement of Critical Dates forms part of the Addendum to which it is attached, which in turn forms part of the agreement of purchase and sale between the Vendor and the Purchaser relating to the Property. The Vendor must complete all blanks set out below. Both the Vendor and Purchaser must sign this page.