Virgin Islands Escrow Agreement between The TriZetto Group, Inc., the Finserv Securityholders, Stuart Schloss and Bankers Trust Co.

• Category: Corporations - Public - Escrow
• State: Multi-State
• Control #: US-EG-9153
• Format: Word; Rich Text

Description

Escrow Agreement between The Trizetto Group, Inc., the Finserv Securityholders, Stuart Schloss and Bankers Trust Company of California dated December 22, 1999. 27 pages Virgin Islands Escrow Agreement is a legal contract entered into between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. This agreement serves as a mechanism to safeguard and manage funds or assets held in escrow during a specific transaction or period, providing necessary security to all parties involved. One type of Virgin Islands Escrow Agreement is the Acquisition Escrow Agreement. This agreement is structured when The Trident Group, Inc. intends to acquire Finger Security holders and requires an escrow agent, such as Bankers Trust Co., to hold the agreed-upon purchase price securely. This arrangement ensures that the funds are available for disbursement once all conditions outlined in the agreement are met. Another type is the Trust Indenture Escrow Agreement. This agreement is utilized when The Trident Group, Inc. and Finger Security holders issue or transfer securities that need to be held in escrow under the supervision of an escrow agent. Stuart Schloss and Bankers Trust Co. act as intermediaries, responsible for the safekeeping of the securities until predetermined events or conditions are fulfilled and the transfer of ownership can occur. The Virgin Islands Escrow Agreement establishes the roles, responsibilities, and obligations of each party involved. The agreement outlines the terms and conditions regarding the release of funds or assets from escrow, the disbursement process, any potential dispute resolution methods, and the termination of the agreement. Furthermore, important keywords relevant to this topic may include: escrow agent, fiduciary duty, fund protection, securities, acquisition, purchase price, transaction security, disbursement, trust indenture, transfer of ownership, intermediaries, legal contract, obligations, dispute resolution, termination, and safeguarding assets. In summary, the Virgin Islands Escrow Agreement is a vital legal instrument used to manage and protect funds or assets during various transactions involving The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. Different types of agreements can be formed to suit specific circumstances, such as the Acquisition Escrow Agreement and the Trust Indenture Escrow Agreement.

Virgin Islands Escrow Agreement is a legal contract entered into between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. This agreement serves as a mechanism to safeguard and manage funds or assets held in escrow during a specific transaction or period, providing necessary security to all parties involved. One type of Virgin Islands Escrow Agreement is the Acquisition Escrow Agreement. This agreement is structured when The Trident Group, Inc. intends to acquire Finger Security holders and requires an escrow agent, such as Bankers Trust Co., to hold the agreed-upon purchase price securely. This arrangement ensures that the funds are available for disbursement once all conditions outlined in the agreement are met. Another type is the Trust Indenture Escrow Agreement. This agreement is utilized when The Trident Group, Inc. and Finger Security holders issue or transfer securities that need to be held in escrow under the supervision of an escrow agent. Stuart Schloss and Bankers Trust Co. act as intermediaries, responsible for the safekeeping of the securities until predetermined events or conditions are fulfilled and the transfer of ownership can occur. The Virgin Islands Escrow Agreement establishes the roles, responsibilities, and obligations of each party involved. The agreement outlines the terms and conditions regarding the release of funds or assets from escrow, the disbursement process, any potential dispute resolution methods, and the termination of the agreement. Furthermore, important keywords relevant to this topic may include: escrow agent, fiduciary duty, fund protection, securities, acquisition, purchase price, transaction security, disbursement, trust indenture, transfer of ownership, intermediaries, legal contract, obligations, dispute resolution, termination, and safeguarding assets. In summary, the Virgin Islands Escrow Agreement is a vital legal instrument used to manage and protect funds or assets during various transactions involving The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. Different types of agreements can be formed to suit specific circumstances, such as the Acquisition Escrow Agreement and the Trust Indenture Escrow Agreement.