Terms & conditions

ESCROW FINANCING TRANSFER AGREEMENT

1. THE PARTIES. This Transfer Agreement (“Agreement”) made this DATE is between (“Transferor”) and agrees to transfer USD _AMOUNT with an additional expedition charges in case of same day transfer to Transferee (defined below) through an Escrow Agent (defined below);
Transferee: Lexington Credit Solutions Ltd. with a mailing address 585 N. bicycle path suite 14, port Jefferson station NY, 11776 (“Transferee”) and agrees to accept money from the Transferor through Escrow Agent
Escrow Agent: MAH Advising PLLC, a USA based Professional Limited Liability Company, with its mailing address at 3030 N. Rocky Point Drive W, Suite 150, Tampa, FL 33607, USA agrees to accept money from Transferor and further transfer the money to Transferee on the following terms:
2. INTEREST RATE. The Transferred Money shall NOT Bear Interest to Escrow Agent.

3. AUTHORIZATION. Transferee hereby authorizes the Escrow Agent to accept the payment from Transferor on behalf of Transferee and further distribute the payment to Transferee.

4. TRANSFER. The Transferee agrees to send the monies provided by Transferors via a secure bank transfer through Escrow Agent’s account.
5. CONSIDERATION In consideration of making such a transfer; Transferor will pay the Escrow Agent a 6 % of the fee of the total sum transferred within 3 days of the successful transfer.

6. LIMITED LIABILITY: Notwithstanding anything to the contrary in this agreement, neither party shall hold escrow agent liable or any of its affiliates for (i) any special, punitive, indirect, incidental or consequential damages, including without limitation lost profits or lost revenues, or (ii) cost of procurement of substitute goods, technology or services, whether under any contract, warranty, negligence, strict liability or other legal or equitable theory.
7. CONFIDENTIALITY. The parties to this Agreement agree that each shall treat as confidential all information provided by a party to the others regarding such party’s business and operations, including without limitation the investment activities or holdings of the Fund. All confidential information provided by a party hereto shall be used by any other parties hereto solely for the purposes of rendering services pursuant to this Agreement and, except as may be required in carrying out the terms of this Agreement, shall not be disclosed to any third party without the prior consent of such providing party. The foregoing shall not be applicable to any information that is publicly available when provided or which thereafter becomes publicly available other than in contravention of this agreement or which is required to be disclosed by any regulatory authority in the lawful and appropriate exercise of its jurisdiction over a party, any auditor of the parties hereto, by judicial or administrative process or otherwise by applicable law or regulation.

8. OWNERSHIP OF ASSETS. The Transferor has good title to all of its assets and none of the assets are subject to any mortgage, pledge, lien, conditional sales agreement, security interest, encumbrance, or other charge for the personal use of Transferee and therefore Transferee represents and warrants that no asset/s of the Company will be transferred, sold or occupied by it.

9. RESTRICTIONS ON TRANSFER. Except as provided in this Agreement or upon the express permission of the Transferor, Transferee agrees that it shall not transfer, alienate, sell, assign, pledge or otherwise dispose of or encumber (collectively, “Transfer”) all or any part of the payments whether voluntarily or involuntary, whether for or without consideration. Transferee acknowledges and agrees that the restrictions on Transfer set forth in this Agreement are imposed to accomplish legitimate purposes of Transferor, and that such restrictions are not more restrictive than necessary to accomplish such purposes.

10. PROHIBITED TRANSFERS. Any purported or attempted Transfer of any Subject Interests other than as provided in this Agreement (a “Prohibited Transfer”) shall be invalid and void ab initio as a Transfer.

11. SEVERABILITY. If any provision of this Agreement or the application thereof shall, for any reason and to any extent, be invalid or unenforceable, neither the remainder of this Agreement nor the application of the provision to other persons, entities, or circumstances shall be affected, thereby, but instead shall be enforced to the maximum extent permitted by law.

12. GOVERNING LAW. This Agreement shall be construed and governed by the laws located in the state of Florida. (“Governing Law”).

AUTHORIZATION

● Transferee hereby authorizes the Escrow Agent to accept the payment from Transferor on behalf of Transferee and further distribute the payment to Transferee on the agreed upon terms.
● Escrow Agent accepts and agrees to receive the monies from Transferor and further transfer it to the Transferee as per the terms of the Agreement.
● Transferee agrees to transfer the monies through Escrow Agent to the Transferee as per the agreed terms.
● The banking details are as follow