The use of escrow is an excellent tool to facilitate transactions by jointly appointing the third party agent (escrow agent), to facilitate commercial transactions and provide the counterparties with additional legal comfort and independence that the matter will only proceed if the pre-conditions within the escrow agreement have been met or complied with.
Gabael Trust offers a simple, safe and flexible means to hold escrow funds or documents in all types of transactions including multi-jurisdictional and multiple currencies deals including:-
- Retention funds in construction contracts
- Debt repayments
- Collateral agent (non-cash physical form)
- Mergers & acquisitions
- Property sale and purchase
- Subscription escrow
- Security deposits in significant leasehold or license transactions