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

• Category: Corporations - Public - Escrow
• State: Multi-State
• County: Cuyahoga
• 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 Cuyahoga Ohio Escrow Agreement is a legally binding contract entered into by The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. This agreement establishes specific terms and conditions regarding the management and distribution of funds, assets, or securities held in escrow. The primary purpose of the Cuyahoga Ohio Escrow Agreement is to ensure the secure and impartial handling of assets during a specified period or until certain conditions are met. In this case, it specifically involves the financial interests of The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. The agreement aims to protect the interests of all parties involved and guarantees the fulfillment of obligations in a transparent and fair manner. The Cuyahoga Ohio Escrow Agreement may have different types depending on the specific circumstances and requirements of the parties involved. Some of these variations may include: 1. Purchase Price Escrow Agreement: This type of agreement is commonly used in business acquisitions or mergers where a portion of the purchase price is placed in escrow to satisfy potential indemnifications, liabilities, or other obligations that might arise after the transaction. 2. Litigation Escrow Agreement: In legal disputes, this type of agreement may be utilized to hold funds or other assets related to potential settlement amounts. It ensures that all parties involved abide by the agreed-upon terms regarding the distribution of funds once the litigation concludes. 3. Mortgage Escrow Agreement: Often used in real estate transactions, this agreement involves the temporary holding of funds by a neutral third party to cover property-related expenses. It ensures that property taxes, insurance premiums, and other obligations are paid from the escrow account, protecting the interests of both the lender and borrower. 4. Shareholder Escrow Agreement: Typically applicable in situations where a shareholder is selling their shares to another party, this agreement establishes the terms for holding a portion of the purchase price or shares in escrow until certain conditions, such as non-competition provisions or financial performance targets, are met. The Cuyahoga Ohio Escrow Agreement between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. is a comprehensive contract tailored to their unique circumstances and serves to protect their respective interests throughout the escrow period.

Cuyahoga Ohio Escrow Agreement is a legally binding contract entered into by The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. This agreement establishes specific terms and conditions regarding the management and distribution of funds, assets, or securities held in escrow. The primary purpose of the Cuyahoga Ohio Escrow Agreement is to ensure the secure and impartial handling of assets during a specified period or until certain conditions are met. In this case, it specifically involves the financial interests of The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. The agreement aims to protect the interests of all parties involved and guarantees the fulfillment of obligations in a transparent and fair manner. The Cuyahoga Ohio Escrow Agreement may have different types depending on the specific circumstances and requirements of the parties involved. Some of these variations may include: 1. Purchase Price Escrow Agreement: This type of agreement is commonly used in business acquisitions or mergers where a portion of the purchase price is placed in escrow to satisfy potential indemnifications, liabilities, or other obligations that might arise after the transaction. 2. Litigation Escrow Agreement: In legal disputes, this type of agreement may be utilized to hold funds or other assets related to potential settlement amounts. It ensures that all parties involved abide by the agreed-upon terms regarding the distribution of funds once the litigation concludes. 3. Mortgage Escrow Agreement: Often used in real estate transactions, this agreement involves the temporary holding of funds by a neutral third party to cover property-related expenses. It ensures that property taxes, insurance premiums, and other obligations are paid from the escrow account, protecting the interests of both the lender and borrower. 4. Shareholder Escrow Agreement: Typically applicable in situations where a shareholder is selling their shares to another party, this agreement establishes the terms for holding a portion of the purchase price or shares in escrow until certain conditions, such as non-competition provisions or financial performance targets, are met. The Cuyahoga Ohio Escrow Agreement between The Trident Group, Inc., the Finger Security holders, Stuart Schloss, and Bankers Trust Co. is a comprehensive contract tailored to their unique circumstances and serves to protect their respective interests throughout the escrow period.