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Escrow Purchase Agreement
"I need an Escrow Purchase Agreement under Swiss law for the sale of a luxury property in Geneva, with Credit Suisse acting as the escrow agent, where the purchase price of CHF 15 million needs to be held in escrow until building permits are secured by March 2025."
1. Parties: Identification of the Buyer, Seller, and Escrow Agent with full legal details
2. Background: Context of the transaction and purpose of the escrow arrangement
3. Definitions: Key terms used throughout the agreement
4. Purchase Terms: Details of the underlying purchase transaction including price, subject matter, and payment terms
5. Escrow Arrangement: Mechanics of the escrow, including deposit and holding of funds/assets
6. Release Conditions: Specific conditions that must be met for the release of escrow funds/assets
7. Escrow Agent's Duties and Rights: Responsibilities, obligations, and rights of the escrow agent
8. Fees and Costs: Escrow agent's fees and allocation of costs
9. Representations and Warranties: Standard declarations by all parties regarding their capacity and authority
10. Liability and Indemnification: Limitation of escrow agent's liability and indemnification provisions
11. Term and Termination: Duration of the agreement and termination provisions
12. Notices: Communication procedures between parties
13. Governing Law and Jurisdiction: Confirmation of Swiss law application and jurisdiction
14. General Provisions: Standard boilerplate clauses including severability, entire agreement, and amendments
1. Anti-Money Laundering Compliance: Required when transaction involves significant financial transfers or when escrow agent is a financial institution
2. Foreign Exchange Provisions: Needed when purchase price and escrow amounts are in different currencies
3. Dispute Resolution: Optional detailed arbitration or mediation procedures
4. Force Majeure: Provisions for unforeseen circumstances affecting performance
5. Confidentiality: Required for sensitive transactions or when parties wish to maintain privacy
6. Electronic Documentation: Provisions for electronic signatures and digital document handling
7. Tax Provisions: Required when transaction has specific tax implications or withholding requirements
1. Schedule 1 - Purchase Price Calculation: Detailed breakdown of purchase price components and calculations
2. Schedule 2 - Completion Deliverables: List of documents and items to be delivered by each party
3. Schedule 3 - Release Mechanism: Detailed procedures and timing for release of escrow funds
4. Schedule 4 - Escrow Agent's Fee Schedule: Detailed breakdown of fees and payment terms
5. Schedule 5 - Form of Release Notice: Template for requesting release of escrow funds
6. Appendix A - Required Documentation: Lists of KYC and other required documents from all parties
7. Appendix B - Communication Protocols: Detailed procedures for notices and communications
Authors
Applicable Law
Banking Day
Business Day
Buyer
Closing
Closing Date
Completion
Completion Notice
Completion Requirements
Confidential Information
Deposit
Dispute
Effective Date
Escrow Account
Escrow Agent
Escrow Amount
Escrow Period
Escrow Property
Event of Default
Force Majeure Event
Interest
Loss
Material Adverse Change
Notice
Party/Parties
Purchase Price
Release Conditions
Release Date
Release Notice
Relevant Authority
Representatives
Seller
Swiss Law
Termination Event
Transaction
Transaction Documents
Transfer Instructions
Working Hours
Writing/Written
Definitions
Purchase and Sale
Purchase Price
Payment Terms
Escrow Arrangement
Deposit of Funds
Release Conditions
Release Mechanics
Escrow Agent Duties
Escrow Agent Rights
Escrow Agent Liability
Representations and Warranties
Conditions Precedent
Completion
Post-Completion
Fees and Expenses
Indemnification
Confidentiality
Data Protection
Anti-Money Laundering
Force Majeure
Term and Termination
Default
Remedies
Dispute Resolution
Governing Law
Jurisdiction
Notices
Assignment
Amendment
Severability
Entire Agreement
Counterparts
Third Party Rights
Waiver
Authority
Electronic Execution
Banking and Financial Services
Real Estate
Technology and Software
Manufacturing
Mergers and Acquisitions
International Trade
Luxury Goods
Art and Collectibles
Professional Services
Construction and Development
Intellectual Property
Commodities Trading
Legal
Finance
Compliance
Treasury
Business Development
Risk Management
Commercial Operations
Corporate Secretariat
Banking Operations
International Trade
Legal Counsel
Corporate Lawyer
Transaction Manager
Escrow Officer
Compliance Officer
Chief Legal Officer
Business Development Manager
Contract Manager
Chief Financial Officer
Treasury Manager
Risk Manager
Company Secretary
Commercial Director
General Counsel
Banking Relationship 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.
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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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