There are many possible applications for the project escrow. Examples of project escrow include contracting projects, public-private projects and the safe distribution of subsidies.

The escrow agreement is generally initiated by the client?s project managers and is structured in close cooperation with Escrow Advisor. The financial structure must satisfy many parties. Escrow Advisor, the trusted third party, has the experience to handle and negotiate the release conditions for complicated cross-border project escrows. The escrow agreement provides clarity and comfort with respect to the financial rights and obligations of all participating parties.

Likewise, when acquiring a company the buyer is generally prepared to take calculated risks, but requires security for the uncertainties revealed in the due diligence survey. Examples of such uncertainties are: incomplete environmental permits, the possibility of leases not being renewed, the departure of important managers, serious financial under performance within a short period following take over, or any other threats to the success of the company to be acquired. The buyer requires 100% cover for such uncertainties. The best solution is to set up an escrow agreement and retain a certain amount of the purchase price, which is paid into an escrow account at Escrow Advisor. This will provide maximum security for both buyer and seller.

The advisers of both buyer and seller are aware of the benefits of an escrow agreement. They also have the expertise and experience to negotiate the release conditions of the amount in escrow. At this point parties need to choose an escrow agent. Since buyer and seller are looking for maximum security, it is only natural to choose an Escrow Agent. Escrow Advisor is specialized in providing escrows to maximize payment security for buyer and seller. Escrow Advisor has the experience, the skills and the capacity to act at short notice. Escrow Advisor is frequently required to set up the escrow within 24 hours.