It's NOT about USAsset — It's how we do business!
Consist of Funding & Exchange
bank facilities for Transactions.
Conditions = Service
Buyer/s to submit to
Service Seller — response to highlighted items and deliver bank proof
of below Service Costs & Service Fee — in exchange for 'draft' Memo of Understanding
Service Seller = Funder (USAsset).
Service Buyer/s = Dealmaker/s of the private transaction.
Terms = Service Attorney
— after receipt of Service Costs — to facilitate U.S.A. Bank 'Trust'
Custody, Escrow account/s, and Guaranty/s' that match 'MoU':
Service Fees = Service Buyer/s to deposit USDollars 'USD' /demand Guaranty/s to exchange escrow account — to pay Service Seller per below Exchange > Settle / Close > Default —
Option1 = Proof of payment funds before proof of performance funds = 1% of Payment Guaranty amount (minimum $100±Thousand fee) for 28±day Service Period; or
Option2 = Proof of performance funds before proof of payment funds = 5±% of Payment Guaranty amount (minimum $150±Thousand fee) for 28±day Service Period.
Service Costs = Service Buyer/s to pay USD to Service Attorney upon approval
of draft MoU (based on Service Fee option) =
Option1 = $25±Thousand, or
Opton2 = $50±Thousand.
Consist of Dealmaker/s private transaction to exchange
performance & payment.
Commitment = conditional guaranty/s to exchange performance & payment.
Guaranty/s = legally effective Guarantor/s Guaranty/s to make performance &/ payment amounts
— directly & automatically to the guaranty holder/s or
beneficiary/s under certain condition/s &/ time.
Performance Funds = consist of USD & Performance Guaranty/s under condition/s &/ time.
Payment Funds = consist of USD &/ Payment Guaranty/s under condition/s &/ time.
Guarantor/s = U.S.A. bank/institution/entity (website & NASDAQ symbol) or guarantor/s accepted
— having services, resources, creditworthiness, etc. — effective for any required
Consist of Service Buyer/s & Sellers —
execution of final MoU to funding Performance in exchange for Payment $amount.
Consist of Service Attorney to facilitate Bank 'Trust' escrow &
custody account facilities with Service Party/s — then upon escrow deposit of Service Fee
and any exchange costs — Trust to open exchange.
Proof = Trust to email receive, verify,
then confirm to Guarantor/s the 'before' commitment/s is/is not legally effective
— then Trust to verify that the Guarantor 'after'
commitment/s matches; then if match, go to Clear / if default, pay Service Fee per Exchange > Close > Default
Clear = Trust to advice Proof then facilitate the
final Guaranty document/s — then Guarantor/s to transfer USDollars &/ Guaranty/s to Trust
— then upon receipt
Settle = Trust, prior to Service
Period time expiration/within 5±days after receiving funds — to
exchange the Guaranty/s to pay for the Performance consideration/s — equal to 100% of Payment Guaranty/s (LTV±rate in USDollars & balance in Payment
Guaranty/s); less below amounts.
- Interest = Trust to
pay from Service Buyer funding proceeds = 12%
annual or 1.5% for each 28-day
service period ($100±Thousand minimum for either option); then
- Funding Funds = Trust to pay guarantor/s as agreed, then any Exchange costs due/deducted from Service Fee, then agreed entities, then
balance to Service Buyer/s.
Close = Trust to close services upon Settle, default, change, Service Period expiration, Trust agreement/s.
- Default occurs if Guarantor/s fails
to make/cause legal and effective exchanges with Bank
Trust-Escrow-Custody, at certain events &/ times; then Service Fee
balance, less any Exchange Costs is paid to Service Seller if Service Buyer Guarantor
defaults; or Service Fee depositor bank is paid balance if Service Seller Performance Guarantor
- Change occurs if Service & applicable
Parties mutually make written change.
- Close occurs upon settle or Service Period expiration — the longer time period
Performance is via Bank Trust – see About Us
For Accredited or Sophisticated Service Buyers Only
Subject to change.