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Services.

About Transaction Funding & Exchange ―

 

3rd Party Transaction.

About Service Buyer (You) establishing a 'transaction/s' with 3rd Party/s (Guarantor/s, &/ their broker/agent/s) to exchange performance/funds for pay guaranty/s — under condition — Service Buyer establishes a Guarantor commitment of performance/funds (PoF) including profit 'before' or 'after' 3rd Party/s establish a Guarantor commitment of payment guaranty/s (PoG); via below Xchange facility.

Funding Transaction.

About fulfilling Service Buyer performance/funds — Service Seller (USAsset) to cause $1±Million to $100+Million Funding in exchange for Payment Guaranty/s.

Xchange Facility.

About a U.S.A. TrustEscrow guarantor the 'Xchange'; to open Account Agreement/s with 3rd-Party/s &/ Service Buyer, and Service Seller — to facilitate transaction/s under below 'myGlossary' & Xchange performance commitment —

  • Guarantor/s = the paying/action U.S.A. bank/institution name+city+state, with services & creditworthiness effective for purpose intended.
  • Commitment/s (proof) = a Guarantor/s commitment effective with offsetting Guarantor/s commitment.
  • Guaranty/s = Guarantor/s legally effective instrument/s that pay $amount in certain funds directly & automatically to the guaranty holders at certain event &/ time/demand.
  • Funding = Xchange disbursement of certain Funds at settlement.

Then within 3-days of execution of Bank Trust-Escrow Account Agreement, and 3rd Party/s &/ Service Buyer deposit of Service Fee; Xchange to email advice to Guarantor/s, that the below escrow/custody services are open for Xchange performance, and their email response:

  1. Proof = Within 10-days, Xchange to establish the Guarantor/s 'before' "Commitment/s" are effective / in default (see Service Terms default condition for action)  then within 10-days, if 'before' commitment/s are effective, establish 'after' commitment/s match/offset  then
  2. Clear = Within 5-days, Xchange to facilitate the final Guaranty document/s between Guarantor/s; then 'email advice' Guarantor/s to transfer to custodythen
  3. Settle = Xchange, prior to Service Period time expiration — to exchange the Payment Guaranty/s face pay amount for Performance/Funds & your profit (Funder pays LTV±rate in USDollars & Xchange Guarantor pays balance in Guaranty/s); less any applicable amounts per Service Terms & Conditions shown at www.usasset.com

 

Service Terms & Conditions:

About Service Parties establishing a Memo of Understanding (MoU) — then Service Buyer/3rd/s Party/s to pay Service Costs in response to Service Attorney conditional undertaking to facilitate an Account Bank Trust-Escrow (Xchange guarantor) Account Agreement effective with the MoU and Service Terms & Conditions.

  1. Service Costs = 3rd Party/s &/ Service Buyer to pay via Service Attorney prior to work —  Service Costs of $25±Thousand if 'after PoG', or $50±Thousand 'before PoG' — 
  2. Service Fee = Xchange to pay from 3rd Party/s &/ Service Buyer escrow deposit, subject to default condition — PoF after PoG = 1% of PoG (minimum $100±Thousand) with 28±day Service Period or PoF before PoG = 6% of PoG (minimum $250±Thousand) with 56±day Service Period.   
  3. Transaction Cost = paid from 3rd Party/s &/ ​Service Buyer USD funding; any Costs due, any costs estimated until closing, or to reimburse Service Fee paid costs.
  4. Transaction Fee = paid from 3rd Party/s &/ Service Buyer funding proceeds per Service Seller instructions —
    • PoF after PoG = 12% for 1-year or 1.5% for each 28-day service time period — ($150±Thousand minimum); or
    • PoF before PoG = 18% for 1-year or 2% for each 28-day service time period — ($250±Thousand minimum). 
  5. Rollover Fee = Xchange to pay from 3rd Party/s &/ Service Buyer Settlement proceeds of prior settlement — Roll-over Fee equal to Service Fee + 50% amount for any & each exchange/event or Pay Guaranty funding.     
  6. 3rd Party/s = charges are paid from 3rd Party/s &/ Service Buyer proceeds; per Service Buyer & Seller instructions; and as agreed between the 'Service 3rd Party/s'. 

Default occurs if Guarantor/s fails to make/cause legal and effective exchanges with Bank Trust-Escrow, at certain events &/ times; then Service Fee balance, less any Transaction Costs — is paid to Service Seller if Service Buyer Guarantor defaults; or Service Fee depositor bank is paid if Service Seller Guarantor defaults.

Change occurs if Service & applicable Parties mutually make written change.

Closing occurs upon default, payment of Guaranty/s, change, Service Period expiration.

  Performance is assured – see About Us.

 Email Us: fred@usasset.com — Call Us: +1 (702) 944-0375 — Visit Us: www.usasset.com

For Accredited or Sophisticated Service Buyers Only

Subject to change.