Authorization and Direction to Escrow Agent (Canada)

Authorization and direction to the escrow agent from one party to the escrow agreement to release the escrowed funds.

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Authorization and direction to the escrow agent from one party to the escrow agreement, instructing the escrow agent to release the escrowed funds.

This form can be used in the following provinces: Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland and Labrador, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Saskatchewan and Yukon.
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
 
 
Authorization and Direction to Escrow Agent

 

TO:   [Name of Escrow Agent]
 
Reference is made to the Escrow Agreement among [Name of Party 1 to Escrow Agreement], [Name of Party 2 to Escrow Agreement], and [Name of Escrow Agent] dated [Date of Escrow Agreement] (the “Escrow Agreement”). All capitalized words and phrases used herein shall have the same meaning as in the Escrow Agreement unless the context otherwise requires.
In accordance with the terms of the Escrow Agreement, [Name of Party to Escrow Agreement who is Authorizing Release of Funds] hereby authorizes and directs you to pay the sum of (CDN) $[Amount Being Directed to be Paid (ie. $25,000.00)] from the Escrow Funds directly to:
[Name of Person to Whom Payment is to be Made][Address of Person to Whom Payment is to be Made]
Let this be your good and sufficient authority for so doing.
Dated:    [Date (ie. July 31, 2003)]
 
 
 
 
 
Witness
 
[NAME OF PARTY TO ESCROW AGREEMENT WHO IS AUTHORIZING RELEASE OF FUNDS]
 
Number of Pages3
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#28726
This is the content of the form and is provided for your convenience. It is not necessarily what the actual form looks like and does not include the information, instructions and other materials that come with the form you would purchase. An actual sample can also be viewed by clicking on the "Sample Form" near the top left of this page.
 
 
Authorization and Direction to Escrow Agent

 

TO:   [Name of Escrow Agent]
 
Reference is made to the Escrow Agreement among [Name of Party 1 to Escrow Agreement], [Name of Party 2 to Escrow Agreement], and [Name of Escrow Agent] dated [Date of Escrow Agreement] (the “Escrow Agreement”). All capitalized words and phrases used herein shall have the same meaning as in the Escrow Agreement unless the context otherwise requires.
In accordance with the terms of the Escrow Agreement, [Name of Party to Escrow Agreement who is Authorizing Release of Funds] hereby authorizes and directs you to pay the sum of (CDN) $[Amount Being Directed to be Paid (ie. $25,000.00)] from the Escrow Funds directly to:
[Name of Person to Whom Payment is to be Made][Address of Person to Whom Payment is to be Made]
Let this be your good and sufficient authority for so doing.
Dated:    [Date (ie. July 31, 2003)]
 
 
 
 
 
Witness
 
[NAME OF PARTY TO ESCROW AGREEMENT WHO IS AUTHORIZING RELEASE OF FUNDS]
 

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