Oklahoma Escrow and Security Agreement between On Site Media, Inc., Site-Based Media, Inc., and Citibank, N.A.

• Category: Corporations - Mergers and Acquisitions
• State: Multi-State
• Control #: US-CC-12-2322
• Format: Word; Rich Text

Description

This is a multi-state form covering the subject matter of the title. Oklahoma Escrow and Security Agreement between On Site Media, Inc., Site-Based Media, Inc., and Citibank, N.A. is a legally binding document that ensures the protection of assets and financial interests of the involved parties. This agreement is specifically tailored to the state of Oklahoma and includes various provisions to safeguard the interests of On Site Media, Inc., Site-Based Media, Inc., and Citibank, N.A. Below are different types of Oklahoma Escrow and Security Agreements that can exist between these entities: 1. Real Estate Escrow and Security Agreement: This type of agreement is typically used when On Site Media, Inc. or Site-Based Media, Inc. is investing in real estate properties or projects in Oklahoma. It outlines the terms and conditions related to the escrow and security provisions, ensuring the funds provided by Citibank, N.A. are held securely for the designated purposes. It may also include clauses regarding the release of funds based on milestones or completion of certain project phases. 2. Intellectual Property Escrow and Security Agreement: In scenarios where On Site Media, Inc. or Site-Based Media, Inc. holds valuable intellectual property assets in Oklahoma, such as patents, copyrights, or trademarks, this agreement ensures the protection and management of these assets. It may include provisions for the deposit and release of intellectual property into escrow, as well as the terms regarding the enforcement and assignment of these assets. 3. Financial Escrow and Security Agreement: This type of agreement is entered into when On Site Media, Inc., Site-Based Media, Inc., and Citibank, N.A. engage in financial transactions, such as loans or lines of credit. The agreement outlines the security interests held by Citibank, N.A. over certain assets of the companies, providing assurance that in case of default, Citibank, N.A. has the right to seize and sell the specified collateral. 4. Technology Escrow and Security Agreement: When On Site Media, Inc. or Site-Based Media, Inc. provides technology-based solutions or services in Oklahoma, this agreement safeguards the interests of Citibank, N.A. It ensures that in the event of termination, bankruptcy, or failure of the companies, Citibank, N.A. will have access to the technology source code, documentation, or other critical assets needed for ongoing operations or transition to a new service provider. These are just a few examples of the Oklahoma Escrow and Security Agreements that can be established between On Site Media, Inc., Site-Based Media, Inc., and Citibank, N.A. Each agreement is tailored to specific circumstances and requirements, aiming to protect the parties' financial interests and assets. It is crucial to consult legal professionals to ensure compliance with Oklahoma state laws and to draft a comprehensive agreement that suits the specific business needs.

Oklahoma Escrow and Security Agreement between On Site Media, Inc., Site-Based Media, Inc., and Citibank, N.A. is a legally binding document that ensures the protection of assets and financial interests of the involved parties. This agreement is specifically tailored to the state of Oklahoma and includes various provisions to safeguard the interests of On Site Media, Inc., Site-Based Media, Inc., and Citibank, N.A. Below are different types of Oklahoma Escrow and Security Agreements that can exist between these entities: 1. Real Estate Escrow and Security Agreement: This type of agreement is typically used when On Site Media, Inc. or Site-Based Media, Inc. is investing in real estate properties or projects in Oklahoma. It outlines the terms and conditions related to the escrow and security provisions, ensuring the funds provided by Citibank, N.A. are held securely for the designated purposes. It may also include clauses regarding the release of funds based on milestones or completion of certain project phases. 2. Intellectual Property Escrow and Security Agreement: In scenarios where On Site Media, Inc. or Site-Based Media, Inc. holds valuable intellectual property assets in Oklahoma, such as patents, copyrights, or trademarks, this agreement ensures the protection and management of these assets. It may include provisions for the deposit and release of intellectual property into escrow, as well as the terms regarding the enforcement and assignment of these assets. 3. Financial Escrow and Security Agreement: This type of agreement is entered into when On Site Media, Inc., Site-Based Media, Inc., and Citibank, N.A. engage in financial transactions, such as loans or lines of credit. The agreement outlines the security interests held by Citibank, N.A. over certain assets of the companies, providing assurance that in case of default, Citibank, N.A. has the right to seize and sell the specified collateral. 4. Technology Escrow and Security Agreement: When On Site Media, Inc. or Site-Based Media, Inc. provides technology-based solutions or services in Oklahoma, this agreement safeguards the interests of Citibank, N.A. It ensures that in the event of termination, bankruptcy, or failure of the companies, Citibank, N.A. will have access to the technology source code, documentation, or other critical assets needed for ongoing operations or transition to a new service provider. These are just a few examples of the Oklahoma Escrow and Security Agreements that can be established between On Site Media, Inc., Site-Based Media, Inc., and Citibank, N.A. Each agreement is tailored to specific circumstances and requirements, aiming to protect the parties' financial interests and assets. It is crucial to consult legal professionals to ensure compliance with Oklahoma state laws and to draft a comprehensive agreement that suits the specific business needs.