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​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​Memo of UnderstandingProject​ name​​​

Buyer/Seller & Sponsor

 

Transaction Sponsor ​&  Trustor

​ sp1 Corporation (pending),NV,USA 

This MoU is to establish the scope of association, responsibilities, and mutual approval via signature page.  
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Transaction Commitments ​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​​—
Structured​ Transactions​ where effective U.S.A. Guarantors & Sponsors, make Commitments to exchange $USD/instruments of performance and/or payment via Trust.
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Buyer/Seller to cause​ Guarantor Commitment to transfer a 1year guaranty instruments of value in amount of $5±million to Trust

under Condition

​Transaction Sponsor to cause Guarantor Commitment to exchange via Trust; 1year guaranty instruments of payment ​in amount of $5±million plus 1±year performance guaranty to release instrument of value. 

​​​​Trust Services —

Attorney–Guarantor–'Trustee' and Trustor​​, to open trust services, via U.S.A.​ bank/institution escrow &/ custody accounts​, to perform MoU —

​under Terms

Of receiving via Trust, Buyer/Seller — payment of 1±% ($25,000 minimum) Trust Fee to open Trust Services —

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Trustor & Sponsors to cause a series of Guarantor Commitments ​of performance &/ payment — within 28±days of Trustee asset safekeep — then

Trustee to match​ Commitments between ​​​​Guarantor's — then

Trustee to settle​ Commitments ​​​​— under Condition​ ​

        1.  Trust Fee refund if Transaction Sponsor default = fee paid less minimum
        2.  Cashout ​Payment Guaranty of Value less discount = ​10±​% / $

3.  Pay Trust Costs = 1±​% ​/ $25thousand minimum

4.  Pay required/instructed Payouts = attach Commitments's

5.  Release instrument of value at performance guaranty maturity​.

6.  Other agreed​​ conditions =

Attachments
Seller Owner​ to email proof of Trust Fee to Transaction Sponsor; then Trust to list any required documents e.g.: Asset Instruments, transfer of Trust Fee, Guarantor Guaranty/s of Asset & Value, Property Title report, etc.
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Instructions
Seller​/Guarantor ​to insert info for highlighted items and email return; Transaction Sponsor to remove highlight​/delete condition​, as applicable.  Please insert any/if change and email return.
End of CC, signature page upon receipt of vCard/s​​ and acceptance of DRAFT by all related parties.
 

​​Your online review is Welcome  – also see About Us.

Email: fred@usasset.com — Phone: +1 (702) 944-0375 — Skype: +1 (702) 660-5505 Visit: www.usasset.com

 For Accredited or Sophisticated Service Buyers Only

Subject to change.​​  ​​

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