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

• Category: Corporations - Public - Escrow
• State: Multi-State
• County: Cook
• 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 The Cook Illinois Escrow Agreement is a legally binding document that outlines the terms and conditions of an escrow arrangement between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. This agreement is designed to protect the interests of all parties involved in a financial transaction. The main purpose of the Cook Illinois Escrow Agreement is to hold funds or assets in escrow until specific conditions are met, ensuring that both parties fulfill their obligations and prevent any potential risks or disputes. This provides security to the Finger Security holders and reassures them that their investment is protected. The agreement outlines the responsibilities of each party involved. The Trident Group, Inc. acts as the escrow agent, responsible for overseeing the escrow account and ensuring compliance with the terms set forth in the agreement. Bankers Trust Co. functions as the custodian of the escrow account, holding the funds or assets securely. Stuart Schloss, as the representative of the Finger Security holders, has the authority to approve the release of the BS crowed funds or assets once the predetermined conditions have been met. These conditions could include regulatory approvals, contractual obligations, or any other requirements specified in the agreement. Stuart Schloss acts as a safeguard to ensure that the Finger Security holders' interests are protected. It's important to note that there may be different types of Cook Illinois Escrow Agreements between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. These types could include variations based on the specific financial transaction, such as mergers and acquisitions, loan agreements, or stock purchases. Each agreement would have its own unique terms and conditions tailored to the specific transaction and the parties involved. Overall, the Cook Illinois Escrow Agreement provides a transparent and secure framework for financial transactions involving The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. It ensures that funds or assets are protected and released only when all parties fulfill their obligations, promoting trust and minimizing potential risks.

The Cook Illinois Escrow Agreement is a legally binding document that outlines the terms and conditions of an escrow arrangement between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. This agreement is designed to protect the interests of all parties involved in a financial transaction. The main purpose of the Cook Illinois Escrow Agreement is to hold funds or assets in escrow until specific conditions are met, ensuring that both parties fulfill their obligations and prevent any potential risks or disputes. This provides security to the Finger Security holders and reassures them that their investment is protected. The agreement outlines the responsibilities of each party involved. The Trident Group, Inc. acts as the escrow agent, responsible for overseeing the escrow account and ensuring compliance with the terms set forth in the agreement. Bankers Trust Co. functions as the custodian of the escrow account, holding the funds or assets securely. Stuart Schloss, as the representative of the Finger Security holders, has the authority to approve the release of the BS crowed funds or assets once the predetermined conditions have been met. These conditions could include regulatory approvals, contractual obligations, or any other requirements specified in the agreement. Stuart Schloss acts as a safeguard to ensure that the Finger Security holders' interests are protected. It's important to note that there may be different types of Cook Illinois Escrow Agreements between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. These types could include variations based on the specific financial transaction, such as mergers and acquisitions, loan agreements, or stock purchases. Each agreement would have its own unique terms and conditions tailored to the specific transaction and the parties involved. Overall, the Cook Illinois Escrow Agreement provides a transparent and secure framework for financial transactions involving The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. It ensures that funds or assets are protected and released only when all parties fulfill their obligations, promoting trust and minimizing potential risks.