Transaction Funds/Funding, & Facility's.
rev 30july16 @ 0743 MST
Parties/guarantors, to issue/accept conditional commitments 'CC' to exchange performance &/ payment — via a
Special Purpose Facility 'SPF' for limited legal services of matching, clearing, & settlement of private transaction/s via Guarantor escrow & custody accounts — CC's to be structured in an offsetting manner by
SPF Attorney having effective performance guaranty, under condition of SPF receiving from Service Buyer, a $25,000 Service Fee.Funds &/ Funding —
Service Seller to leverage Service Buyer Guarantor CC of value — in exchange for funds
/ funding via SPF — under these conditions:
1st Service Buyer to copy & email to Service Seller, this CC with completed yellow highlight items — to strike out (no
delete) as need — to insert any comments — to send proof of Service
Fee, account & signatory holder, proof of transaction performance
& payment, and other as required;
2nd Service Seller
to issue draft CC with completed green highlight for Service Buyer acceptance and to pay Service Fee in
exchange for SPF email / SWIFT instructions;
3rd Service Buyer Guarantor to issue via SPF email / SWIFT, CC to exchange negotiable instruments of Property description, full appraisal with title search,
& market $value / Guaranty type & payer, face $value, & due date;
4th Service Seller Guarantor to respond via SPF email / SWIFT, CC to exchange within 28±days after certain condition/s are fulfilled — Guarantor CC of Guaranty/s due in 180±days — to pay funds / funding — equal to property
market value± or guaranty face
5th SPF to call & settle CC's —
1. Service Buyer
Guarantor CC's for payoffs;
2. Service Buyer CC's for
3. Cashout 7.5% discounts and required SPF Service Costs; to be deducted from proceeds;
4. Other as
End of CC, signature page upon receipt of vCard/s & mutual approval of DRAFT.
online review is Welcome – also see About Us.
Email: firstname.lastname@example.org — Phone: +1 (702) 944-0375 — Skype: +1 (702) 660-5505 Visit: www.usasset.com
For Accredited or Sophisticated
Service Buyers Only
Subject to change.