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Escrow Disbursement Agreement
"I need an Escrow Disbursement Agreement under Swiss law for a real estate transaction closing in March 2025, where the escrow agent will hold the purchase price of CHF 5 million until specific property transfer conditions are met, including property registration and mortgage release."
1. Parties: Identification of all parties: Depositor(s), Beneficiary(ies), and Escrow Agent
2. Background: Context of the escrow arrangement and the underlying transaction necessitating the escrow
3. Definitions: Definitions of key terms used throughout the agreement
4. Appointment of Escrow Agent: Formal appointment and acceptance of the escrow agent's role
5. Escrow Deposit: Details of the assets to be placed in escrow, timing, and delivery method
6. Escrow Agent's Duties: Comprehensive list of the escrow agent's responsibilities and standard of care
7. Disbursement Conditions: Specific conditions that must be met for the release of escrow funds/assets
8. Disbursement Procedure: Step-by-step process for releasing the escrow funds/assets
9. Fees and Expenses: Escrow agent's compensation and allocation of costs
10. Liability and Indemnification: Limitations of escrow agent's liability and indemnification provisions
11. Term and Termination: Duration of the agreement and circumstances for termination
12. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction for disputes
13. Notices: Communication procedures and contact details for all parties
14. Miscellaneous: Standard boilerplate provisions including severability, amendments, and entire agreement
1. Dispute Resolution: Detailed dispute resolution procedures, including mediation or arbitration - include when parties prefer alternative dispute resolution to court proceedings
2. Interest on Escrow Funds: Provisions for handling interest earned on escrow funds - include when dealing with cash deposits in interest-bearing accounts
3. Multiple Party Provisions: Special provisions for handling multiple depositors or beneficiaries - include when more than two principal parties are involved
4. Tax Provisions: Handling of tax implications and responsibilities - include when tax consequences are significant consideration
5. Force Majeure: Provisions for handling extraordinary events - include when dealing with long-term escrow arrangements
6. Compliance with Anti-Money Laundering Laws: Specific AML compliance obligations - include when dealing with large sums or international transfers
1. Schedule 1 - Escrow Property Description: Detailed description of the assets being placed in escrow
2. Schedule 2 - Fee Schedule: Detailed breakdown of all fees and expenses
3. Schedule 3 - Disbursement Instructions: Specific instructions and forms for requesting disbursement
4. Schedule 4 - Required Documentation: List and forms of all documents required for disbursement
5. Schedule 5 - Authorized Signatories: List of persons authorized to give instructions regarding the escrow
6. Appendix A - Form of Disbursement Request: Standard form for requesting disbursement from escrow
7. Appendix B - Form of Release Notice: Standard form for confirming conditions have been met
8. Appendix C - Contact Details: Comprehensive contact information for all parties and authorized representatives
Authors
Applicable Law
Authorized Representative
Banking Day
Beneficiary
Business Day
Completion Date
Conditions Precedent
Deposit Date
Depositor
Disbursement Conditions
Disbursement Date
Disbursement Notice
Disbursement Request
Escrow Account
Escrow Agent
Escrow Period
Escrow Property
Event of Default
Fees
Force Majeure Event
Governing Law
Interest
Joint Instructions
Notice
Parties
Release Notice
Required Documentation
Security Interest
Swiss Banking Regulations
Term
Transaction
Transaction Documents
Transfer Instructions
Underlying Agreement
Deposit
Disbursement
Escrow Agent Duties
Escrow Agent Rights
Fees and Expenses
Interest
Liability
Indemnification
Representations and Warranties
Confidentiality
Anti-Money Laundering
Regulatory Compliance
Security
Instructions
Communications
Force Majeure
Term and Termination
Governing Law
Jurisdiction
Dispute Resolution
Assignment
Amendments
Notices
Severability
Entire Agreement
Counterparts
Third Party Rights
Good Faith
Waiver
Set-Off Rights
Account Operation
Tax
Authority
Further Assurance
Banking and Financial Services
Real Estate
Mergers and Acquisitions
International Trade
Construction and Development
Technology and Software
Private Equity
Venture Capital
Legal Services
Corporate Services
Legal
Finance
Compliance
Treasury
Corporate Secretariat
Risk Management
Business Development
Operations
Deal Advisory
Transaction Services
Legal Counsel
Corporate Lawyer
Transaction Manager
Escrow Officer
Compliance Officer
Financial Controller
Business Development Manager
Contract Manager
Chief Legal Officer
Chief Financial Officer
Banking Relationship Manager
Treasury Manager
Risk Manager
Corporate Secretary
Deal Manager
Find the exact document you need
Escrow Purchase Agreement
A Swiss law-governed agreement establishing escrow arrangements for secure purchase transactions, managed by a third-party escrow agent under Swiss legal framework.
Escrow Disbursement Agreement
A Swiss law-governed agreement establishing terms for holding and disbursing assets through an escrow agent, incorporating Swiss banking and financial regulations.
Escrow Account Agreement
A Swiss law-governed agreement establishing the terms for holding and releasing funds through an escrow account, managed by a regulated financial institution.
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