Common use of Good Funds Clause in Contracts

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.

Appears in 3 contracts

Samples: Share Purchase Agreement (Cogenco International Inc), Share Purchase Agreement (Cogenco International Inc), Share Purchase Agreement (Cogenco International Inc)

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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.. Share Purchase Agreement

Appears in 1 contract

Samples: Share Purchase Agreement (Genesis Solar Corp)

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