Authorization and Direction to Escrow Agent - Joint (Canada)

Joint authorization and direction to the escrow agent from all the remaining parties to an escrow agreement to release the escrowed funds.

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Joint authorization and direction to the escrow agent from all the remaining parties to an escrow agreement 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 (Joint)

 

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 1 to Escrow Agreement] and [Name of Party 2 to Escrow Agreement] hereby jointly authorize and direct 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 1 TO ESCROW AGREEMENT]
 
 
 
 
Witness
 
[NAME OF PARTY 2 TO ESCROW AGREEMENT]
 
Number of Pages3
DimensionsDesigned for Letter Size (8.5" x 11")
EditableYes (.doc, .wpd and .rtf)
UsageUnlimited number of prints
Product number#28727
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 (Joint)

 

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 1 to Escrow Agreement] and [Name of Party 2 to Escrow Agreement] hereby jointly authorize and direct 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 1 TO ESCROW AGREEMENT]
 
 
 
 
Witness
 
[NAME OF PARTY 2 TO ESCROW AGREEMENT]
 

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