escrow agent

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escrow agent

n. a person or entity holding documents and funds in a transfer of real property, acting for both parties pursuant to instructions. Typically the agent is a person (commonly an attorney), escrow company or title company, depending on local practice. (See: escrow)

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GlobalMin said that the Mojave Gold shares will be held by the escrow agent until a registration statement to be filed by the company goes effective, following which they will be distributed to the Mojave Gold shareholders.

GlobalMin Ventures Acquires Guyana Project

The escrow agent receives these funds free of all income taxes, since they are received as the death benefit of a life insurance contract.

Trusteed cross purchase agreement

THIS ESCROW AGREEMENT (the "Agreement") is entered into as of --, 20--, by and among --, a -- ("Life Settlement Provider"), --, a --, not in its individual capacity but solely as escrow agent ( "Escrow Agent"), and -- ("Life Settlor").

Appendix H: Sample closing documents

Transamerica Title Insurance Company that the duty requires the escrow agent to remain objective to the parties in a land-sale transaction and to not favor one party over the other.

New watchdogs for fraud? Different courts have reached various conclusions when it comes to the duty of escrow officers to report signs of mortgage fraud to lenders. It pays to know what the law says in different jurisdictions

Three parties are typically involved in an escrow relationship: the company licensing the technology (the licensee); the company that developed the technology (the developer); and the escrow agent.

With IT, you get escrow: when companies live by their code--their critical software programs--they'd better know how to protect it

A standard release process requires that the licensee contact the escrow agent to notify them that a release condition has occurred.

Contract language: the "Ts and Cs" of technology escrow; As technology escrow becomes a routine part of risk management strategies, contract managers need to be familiar with the terms and conditions of these agreements and know when they should be modified to afford their organization the best protection

XL Catlin and RPS/Plus Companies today announced the availability of two new endorsements making data breach and added theft protection available for their professional liability insurance program specifically designed for title and escrow agents.

United States : XL Catlin and RPS/Plus Companies enhance Title and Escrow Agents Professional Liability Insurance program with data breach and theft protection

6m directly to the sellers or to an escrow agent at the closing on Friday under the agreement and will pay further amounts to sellers under an annual earn-out unitl 30 June 2015.

ScanSource completes acquisition of AIDC/POS distributor CDC Brasil SA for about USD36.6m

The selection of a reliable and experienced escrow agent is just as critical in deciding whether or not to escrow the software in the first place.

Guiding your intellectual property through escrow arrangements

93-70 dealt with a bank acting as an escrow agent that disbursed funds to a subcontractor on construction projects.

Information reporting by attorneys for payments to experts

The key could be given to a single escrow agent or it could be split into several components, with each component held by a separate entity.