A software escrow, for instance, might require a software developer to place
in escrow the uncompiled code of a program that has been specifically tailored for use by a licensing business.
Information escrows
For example, one national retailer learned that the license keys placed
in escrow to allow it to expand the number of cash registers used in its stores were actually incapable of activating additional machines; in another case, it was discovered during verification that there were no build instructions present, and it cost an additional $80,000 to have these instructions developed.
With IT, you get escrow: when companies live by their code--their critical software programs--they'd better know how to protect it
* AFTER COMPANIES RECEIVE THEIR REFUNDS, they should place the funds
in escrow to give the IRS time to audit the amended returns.
In the money? Some companies may be due an employment tax refund
79-91,(8) the IRS later restated its position on substantial restrictions contained
in escrow agreements.
Using the installment method with escrow arrangements
* Select or insist on a buyer who uses a reputable, independent financial institution to hold the money
in escrow until the change of ownership closes.
New value in old policies
The remaining identified property is listed for sale at $120,000, T decides that he will not acquire that property, and wants to receive the $13,000 remaining
in escrow. Can the remaining escrowed funds be released to T before July 12, 1998, or must they remain
in escrow because the third identified property is property T is entitled to receive under the exchange agreement?
Avoiding traps in deferred like-kind exchanges
FOR YEARS, BORROWERS AND LENDERS HAVE WRANGLED OVER HOW MUCH MONEY may be held
in escrow accounts for payment of taxes and insurance.
Where states are stricter
Net proceeds will be held
in escrow until the satisfaction of various customary conditions precedent, including assumption of the notes from the Escrow Issuer and the guarantee of the notes by RCPC's wholly owned domestic subsidiaries as well as consummation of the acquisition of Elizabeth Arden and its domestic subsidiaries.
Revlon prices higher offering of USD450m senior notes
Placing money
in escrow usually works to keep both parties to a transaction safe and ensure that the terms of the sale are fulfilled before money is released to the seller.
North South Title Commmitted to Fighting Escrow Fraud
Dubai Islamic Bank (DIB) (DISB.BE) has been appointed as an official escrow account agent by the government of Ras Al Khaimah.As per government rules, property developers in Ras Al Khaimah have to place project receivables
in escrow until predetermined milestones are achieved.
Dubai Islamic Bank named escrow account agent by Ras Al Khaimah
A large oil company licensed in excess of $100 million worth of software each year, and approximately 15 software packages were
in escrow at any time.
Addressing technology escrow in the RFP stage: a small up-front cost can provide significant value by keeping critical applications running in the face of vendor problems
Section 10 sets out statutory limits on the amounts that lenders legally may require borrowers to deposit
in escrow accounts.
HUD's new regimen for escrows