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​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Transaction Funds & Funding Services.

between  ​

Service Party/s.

USAsset Corporation, NV, the Service Seller of Transaction Services —

and

your company name & type & state formed,​ the Service Buyer & Beneficiary of attached 'Guarantor' profile of Service Costs.


Transaction —​

Service Buyer & Service Seller to exchange Conditional Commitments 'CC' ​of funds to pay Service Fees and fulfill any CC's required to sell or ​finance —​ under 28-day exchange​ condition —​ Service Seller CC of funds to buy​or funding​ to finance.

 

Service Terms — ​​​

No qualification, no interest, no recourse, .... 

  Service Costs = Service Buyer to pay $25±Thousand to Service Attorney upon eSign signature of this CCU; then pay annual full recourse Service Costs @ 1-year Libor​ in advance at settle.  Services consist of ​any required CC of bank/institution services, on best effort basis.
  3rd Party Service Costs = Service Buyer to pay direct via Service Attorney.  These costs occur in opening any required Single Purpose Entity's (SPV, SPC, etc.); banking costs, etc.

​•  Service Fee = Service Buyer to transfer to Custody ​$USD &/ Instruments agreed property for Funds / 15±% of ​Funding amount plus any banking costs = $1.5-Million minimum after any banking costs.​


Service Conditions —

Consist of Guarantor Escrow/Custody CC to clear, match, settle / close following CC's over 28±day Service Period:

1st   Guarantors to deposit CC's within 28-day's of Escrow/Custody eSign  of CC of Services..

2nd  Custody/​Escrow to match & clear CC's within 28-day after receipt of CC's eSign, then​ call for transfer. ​​

3rd   Custody/Escrow to settle CC's:

Etc. —

•  Instructions: Complete highlight items and strike out (no delete) as need —​ add any comments —​ and return in HTML format with profile of — your bank authority, vCard​​ and other as required.

•  Other info: When required —​ ​provide Guarantor Guaranty profile/s of any Funds/Funding, business & personal data to satisfy KYC requirements; full banking, and financial data sufficient to determine Service Buyer ability of performance & payment effective for transactions; and copy of Glossary applicable to this CC​.  

Glossary

  Guaranty Means a Guarantor instrument to direct pay​ $amount upon an event &/ date; and is effective for the required matter.

  Guarantor Means a name U​​.S.A. bank / institution / insurance / NASDAQ entity — ​having credit rating of creditworthiness, and any services, performance, resources, etc., that is acceptable and effective for any required matter.

  ​Conditional Commitment 'CC' Means a Guarantor written instrument of an action and/or earmarking of funds / funding consisting of $USD& / Guaranty, that becomes a guaranty of performance when ​​conditions match.​​ ​

​End of CC — eSign page & vCard per http://www.usasset.com/FAQs to follow.​

Your online review is Welcome  – also see About Us.

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

 For Accredited or Sophisticated Service Buyers Only

Subject to change.