Good Faith Agreement
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Good Faith Agreement
Good Faith Agreement CAR
QCD AGREEMENT FOR USED CAR TRANSACTION
The Parties have appointed Quantal Coherent Dynamic (“QCD”) to hold an Escrow Amount called a Good Faith Deal (“GFD”)in accordance with the terms and conditions of the Agreement, listed below.
The Seller and Purchaser have agreed to appoint QCD to hold the GFD for the term of this agreement.
Furthermore, QCD is willing and able to accept such responsibilities as well as act in compliance with this agreement in its entirety.
In the instance any disagreement shall arise, the Parties agree QCD shall not be held liable for any costs, damages, or losses that may arise from duties performed.
Furthermore, unless written permission has been received from the Parties by QCD then no releases or disbursements shall be made.
If such disagreement between the Seller and Purchaser does occur, QCD will have the right to be discharged from this agreement by turning all agreements and documentation over to the jurisdiction responsible for this agreement.
Any and all costs to QCD from such proceedings shall be the responsibility of the Seller and Purchaser.
This agreement is for the benefit of QCD, Seller and Purchaser. Furthermore, all parties agree there are no beneficial results for any third parties nor will third parties be involved in any decisions for this escrow agreement.
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Good Faith Agreement
Good Faith Agreement REAL ESTATE
The Parties have appointed Quantal Coherent Dynamic (“QCD”) to hold an Escrow Amount called a Good Faith Deal (“GFD”)in accordance with the terms and conditions of the Agreement, listed below.
The Seller and Purchaser have agreed to appoint QCD to hold the GFD for the term of this agreement.
Furthermore, QCD is willing and able to accept such responsibilities as well as act in compliance with this agreement in its entirety.
In the instance any disagreement shall arise, the Parties agree QCD shall not be held liable for any costs, damages, or losses that may arise from duties performed.
Furthermore, unless written permission has been received from the Parties by QCD then no releases or disbursements shall be made.
If such disagreement between the Seller and Purchaser does occur, QCD will have the right to be discharged from this agreement by turning all agreements and documentation over to the jurisdiction responsible for this agreement.
Any and all costs to QCD from such proceedings shall be the responsibility of the Seller and Purchaser.
This agreement is for the benefit of QCD, Seller and Purchaser. Furthermore, all parties agree there are no beneficial results for any third parties nor will third parties be involved in any decisions for this escrow agreement.
SKU: n/a