Wake North Carolina 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
• County: Wake
• Control #: US-CC-12-2322
• Format: Word; Rich Text

Description

This is a multi-state form covering the subject matter of the title. Wake North Carolina Escrow and Security Agreement is a legally binding document that outlines the terms and conditions for securing and safeguarding assets between On Site Media, Inc., Site-Based Media, Inc., and Citibank, N.A. This agreement is designed to protect the interests of the parties involved and ensure compliance with applicable laws and regulations. Keywords: Wake North Carolina, Escrow and Security Agreement, On Site Media, Inc., Site-Based Media, Inc., Citibank, N.A. Types of Wake North Carolina Escrow and Security Agreements: 1. Commercial Property Escrow Agreement: This type of agreement is entered into when On Site Media, Inc. or Site-Based Media, Inc. wishes to purchase or lease commercial property in Wake North Carolina. Citibank, N.A. acts as the escrow agent, holding funds until all conditions of the agreement are met. 2. Equipment Escrow Agreement: In situations where On Site Media, Inc., or Site-Based Media, Inc. acquires or leases equipment for their operations, an equipment escrow agreement may be utilized. This agreement outlines the process through which Citibank, N.A. holds the equipment as security until the terms of the agreement are fulfilled. 3. Intellectual Property Escrow Agreement: When On Site Media, Inc., or Site-Based Media, Inc. possesses valuable intellectual property, like patents, copyrights, or trade secrets, an escrow agreement may be established. Citibank, N.A. acts as the custodian of these assets, ensuring their protection and safeguarding the rights and interests of the parties involved. 4. Financial Escrow Agreement: In some cases, On Site Media, Inc., or Site-Based Media, Inc. may engage in financial transactions that require an escrow account. Citibank, N.A. holds the funds as the escrow agent until the specified conditions of the agreement are met, providing security to all parties involved. 5. Acquisition Escrow Agreement: When On Site Media, Inc., or Site-Based Media, Inc. intends to acquire or merge with another company in Wake North Carolina, an acquisition escrow agreement may be established. This agreement outlines the conditions wherein Citibank, N.A. serves as the escrow agent, holding any purchase funds until all aspects of the transaction are completed. Regardless of the specific type, Wake North Carolina Escrow and Security Agreements bring together On Site Media, Inc., Site-Based Media, Inc., and Citibank, N.A., to ensure the protection and security of assets, funds, and intellectual property. These agreements safeguard the interests of the parties involved and minimize potential risks associated with various transactions.

Wake North Carolina Escrow and Security Agreement is a legally binding document that outlines the terms and conditions for securing and safeguarding assets between On Site Media, Inc., Site-Based Media, Inc., and Citibank, N.A. This agreement is designed to protect the interests of the parties involved and ensure compliance with applicable laws and regulations. Keywords: Wake North Carolina, Escrow and Security Agreement, On Site Media, Inc., Site-Based Media, Inc., Citibank, N.A. Types of Wake North Carolina Escrow and Security Agreements: 1. Commercial Property Escrow Agreement: This type of agreement is entered into when On Site Media, Inc. or Site-Based Media, Inc. wishes to purchase or lease commercial property in Wake North Carolina. Citibank, N.A. acts as the escrow agent, holding funds until all conditions of the agreement are met. 2. Equipment Escrow Agreement: In situations where On Site Media, Inc., or Site-Based Media, Inc. acquires or leases equipment for their operations, an equipment escrow agreement may be utilized. This agreement outlines the process through which Citibank, N.A. holds the equipment as security until the terms of the agreement are fulfilled. 3. Intellectual Property Escrow Agreement: When On Site Media, Inc., or Site-Based Media, Inc. possesses valuable intellectual property, like patents, copyrights, or trade secrets, an escrow agreement may be established. Citibank, N.A. acts as the custodian of these assets, ensuring their protection and safeguarding the rights and interests of the parties involved. 4. Financial Escrow Agreement: In some cases, On Site Media, Inc., or Site-Based Media, Inc. may engage in financial transactions that require an escrow account. Citibank, N.A. holds the funds as the escrow agent until the specified conditions of the agreement are met, providing security to all parties involved. 5. Acquisition Escrow Agreement: When On Site Media, Inc., or Site-Based Media, Inc. intends to acquire or merge with another company in Wake North Carolina, an acquisition escrow agreement may be established. This agreement outlines the conditions wherein Citibank, N.A. serves as the escrow agent, holding any purchase funds until all aspects of the transaction are completed. Regardless of the specific type, Wake North Carolina Escrow and Security Agreements bring together On Site Media, Inc., Site-Based Media, Inc., and Citibank, N.A., to ensure the protection and security of assets, funds, and intellectual property. These agreements safeguard the interests of the parties involved and minimize potential risks associated with various transactions.