Bulk Sales Escrow Agreement?

1 Answer

Answer :

Bulk Sales Escrow Agreement(Download)Date: ____________________To: ______________________Under the terms and conditions of a contract between ____________, referred to as SELLER, and ______________, referred as BUYER, for the bulk sale of a certain business known as ________________ __________, the parties herewith agree to the following escrow instructions:A total of $ _____ (____________________ &___/100 dollars) will be deposited.The Fund shall be invested from time to time in an interest bearing account with a national bank that is insured by the F.D.I.C.; provided, however, that in the event that the deposit at any time exceeds $100,000, the deposit shall be made with a bank with capital and surplus of at least $100,000,000.If, prior to termination of the escrow, BUYER, notifies of an

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