Good Funds definition

Good Funds means immediately available funds delivered by confirmed wire transfer to an account designated by the Closing Agent.
Good Funds shall have the meaning set forth in Section 2.2.1.
Good Funds means a cashier’s check, certified funds, or confirmed wire transfer of funds.

Examples of Good Funds in a sentence

  • 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.

  • The redemption will be processed in accordance with normal procedures, and the proceeds will be held until confirmation that the payment is 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.

  • The Common Good Funds are for the benefit of the geographical areas of the former burghs.

  • The Good Funds Law requires that Escrow Agent have confirmation of receipt of funds prior to disbursement.


More Definitions of Good Funds

Good Funds means the dollar amount of a Credit Balance that is successfully remitted to the Settlement Account by School.
Good FundsUnited States Dollars available in federal funds to FINOVA at or before 12:00 noon, Phoenix time, on a Business Day.
Good Funds means funds in any one or more of the following forms:
Good FundsUnited States dollars available to Lender in Federal funds at or before 2:00 p.m. Chicago time on a Business Day.
Good Funds means funds in a bank account that are immediately usable by the owner of the account. Good funds may be derived from the monetary instruments described in RCW 18.44.400(3).
Good Funds means immediately available, good funds of the United States of America.
Good Funds means funds that (i) have been collected by means of the drawee bank’s full, final and irrevocable payment of one or more checks, drafts or monetary instruments, and (ii) are immediately available to be electronically transferred from the depositor’s account to a third party.