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Escrow Agent Agreement Form. This is a North Carolina form and can be use in Administrative Statewide.
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Tags: Escrow Agent Agreement, A-912M, North Carolina Statewide, Administrative
COURT
COUNTY .OF. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
......... ..
ESCROW AGENT AGREEMENT
:
Index
(Clerk of Superior Court Accounts) No.
day
This Agreement made and executed this the
(the "Depository"),
Superior Court of
Escrow Agent").
,
:
by and between
Calendar No.
his
in
County ("the Clerk"), and :
Plaintiff(s)
-against-
her capacity as Clerk of
JUDICIAL SUBPOENA
(the
:
WHEREAS, the Depository is required by N.C.G.S. 7A-112 and 7A-112.1 to collatrealize the uninsured public deposits of the Clerk; and
:
WHEREAS, the Clerk and the Depository have executed a "Security Agreement;" and
:
WHEREAS, the Escrow Agent qualifies to serve as an escrow agent:
Defendant(s)
:
......................................................
NOW THEREFORE: it is mutually agreed between the parties as follows:
1. All pledging arrangements shall be in accordance with, and subject to the provisions of N.C.G.S. 7A-112, be subject to the referenced
"Security Agreement: and be subject to the North Carolina Uniform Commercial Code.
THE PEOPLE OF THE STATE OF NEW YORK
2. The Escrow Agent will, as agent for the Clerk, hold perfected collateral securities of the Depository in the name of and for the account
of the Clerk, providing the Clerk with written notice of the pledge of the securities.
TO
3. The Escrow Agent will not release any collateral securities or proceeds of maturing securities, nor accept any substitution thereof,
without written authorization from the Clerk.
4. Unless notified of an event of default of the Depository as provided for herein, all normal income and principal distribution shall be paid
to GREETINGS:
the Depository.
5. Upon receipt of written notice from the Clerk or from North Carolina Administrative Office of the Courts ("AOC") of an event of default
as defined in WESecurity Agreement, the Escrowbusiness and excuses being laid aside, you and eachand you attend any
the COMMAND YOU, that all Agent shall deliver to the Clerk, the collateral securities, of in addition, before
principal or income distributions not yet paid to the Depository.the
,
the Honorable
at
Court
located at
County of
6. Except as otherwise provided herein, the Escrow Agent may accept and act upon instructions from the Depository, the Clerk, or the
in which
on the
20
, by
o'clock in the
noon, and at any recessed
AOC room the Escrow ,Agent believes day of
to be genuine, given, in person,at telephone, or by other means of communication.
Correspondence date, to testify and give evidence as a by fax transmittalaction on the part of the of a written notice or
or adjourned deemed to be genuine which is delivered witness in this may satisfy any requirement
7. This Agreement is continuing and binding upon the parties and their respective successors and assigns.
8. All notices pursuant to this Agreement shall be made to the following addresses:
Your failure to comply with this subpoena is punishable as a contempt of court and will make you liable to
the party on whose behalf this subpoena was issued for a maximum penalty of $50 and all damages sustained as a
Escrow
result of your failure to comply.
Clerk:
Depository:
Witness, Honorable
, one of the Justices of the
IN WITNESS WHEREOF, said parties have executed this Agreement in triplicate originals, one of which is retained by each of the
Court in
County,
day of
, 20
parties.
ACCEPTED:
Escrow Agent
(Attorney must sign above and type name below)
Depository
By:
By:
Authorized Signature
Attorney(s) for
Authorized Signature
Clerk of Superior Court
Office and P.O. Address
By:
Authorized Signature
AOC-A-912M, New 10/93
2003 Administrative Office of the Courts
Telephone No.:
Facsimile No.:
Triplicate Originals-Clerk, Depository, Escrow Agent
Copy-AOC Financial Services
E-Mail Address:
Mobile Tel. No.:
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