Common use of Good Funds Clause in Contracts

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. 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 Buyer 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. Notwithstanding terms to the contrary, the Parties agree that as a condition to Closing, all funds 100 104 delivered to the closing agent's escrow account be in such form that the closing agent shall be able to disburse in 101 105 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 102 106 be wired unconditionally to the closing agent's escrow account and all funds under $10,000, U.S. Dollars, from a single 103 107 source shall be good funds as so defined by statute. Xxxxx Buyer is advised that the cost incurred to wire funds on behalf of 104 108 the buyer to the closing agent's escrow account for the closing of this transaction shall become an expense to the buyer 105 109 and the actual cost incurred shall appear on the closing statement. 106 110 5. WIRE FRAUD. If you receive any electronic communication directing you to transfer funds or provide 107 111 nonpublic personal information, EVEN IF THAT ELECTRONIC COMMUNICATION APPEARS TO BE FROM 108 112 BROKER OR TITLE COMPANY, do not respond until you verify the authenticity by direct communication with 109 113 Broker or Title Company. Do not rely on telephone numbers provided in the electronic communication. Such 110 114 requests may be part of a scheme to steal funds or use your identity. 111(Property Address) Copyright IAR 2019 Produced with zipForm® by zipLogix 00000 Xxxxxxx Xxxx Xxxx, Xxxxxx, Xxxxxxxx 00000 xxx.xxxXxxxx.xxx

Good Funds. Notwithstanding terms to the contrary, the Parties agree that as a condition to Closing, all funds 100 104 delivered to the closing agent's escrow account be in such form that the closing agent shall be able to disburse in 101 105 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 102 106 be wired unconditionally to the closing agent's escrow account and all funds under $10,000, U.S. Dollars, from a single 103 107 source shall be good funds as so defined by statute. Xxxxx is advised that the cost incurred to wire funds on behalf of 104 108 the buyer to the closing agent's escrow account for the closing of this transaction shall become an expense to the buyer 105 109 and the actual cost incurred shall appear on the closing statement. 106 110 5. WIRE FRAUD. If you receive any electronic communication directing you to transfer funds or provide 107 111 nonpublic personal information, EVEN IF THAT ELECTRONIC COMMUNICATION APPEARS TO BE FROM 108 112 BROKER OR TITLE COMPANY, do not respond until you verify the authenticity by direct communication with 109 113 Broker or Title Company. Do not rely on telephone numbers provided in the electronic communication. Such 110 114 requests may be part of a scheme to steal funds or use your identity. 111(Property Address) Copyright IAR 2019

Good Funds. Notwithstanding terms to the contrary, the Parties agree that as a condition to Closing, all funds 100 104 delivered to the closing agent's escrow account be in such form that the closing agent shall be able to disburse in 101 105 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 102 106 be wired unconditionally to the closing agent's escrow account and all funds under $10,000, U.S. Dollars, from a single 103 107 source shall be good funds as so defined by statute. Xxxxx is advised that the cost incurred to wire funds on behalf of 104 108 the buyer to the closing agent's escrow account for the closing of this transaction shall become an expense to the buyer 105 109 and the actual cost incurred shall appear on the closing statement. 106 110 5. WIRE FRAUD. If you receive any electronic communication directing you to transfer funds or provide 107 111 nonpublic personal information, EVEN IF THAT ELECTRONIC COMMUNICATION APPEARS TO BE FROM 108 112 BROKER OR TITLE COMPANY, do not respond until you verify the authenticity by direct communication with 109 113 Broker or Title Company. Do not rely on telephone numbers provided in the electronic communication. Such 110 114 requests may be part of a scheme to steal funds or use your identity. 111.