TITLE TO FUNDS Sample Clauses
TITLE TO FUNDS. Upwork, Upwork Escrow, and our Affiliates are not banks. We will safeguard your money and not voluntarily make your money available to our creditors.
TITLE TO FUNDS. Stripe processes all payments made by Customer to Driver in accordance with Stripe’s Service Agreement. Stripe will not voluntarily make funds deposited by Customer available to its creditors, or the creditors of its Affiliates, in the event of a bankruptcy, or for any other purpose. As provided in United States Bankruptcy Code, § 541(d), Stripe holds only legal title to, and not any equitable interest in, any funds deposited to Stripe for purpose of payments to Driver, for QWQER fees, or for any other purpose as contemplated by this Agreement. This Agreement is supplementary to the Service Contract and to any other agreement between Customer and Driver concerning the Delivery, as provided in 11 United States Bankruptcy Code, § 365(n).
TITLE TO FUNDS. Jupitice is not a bank. Jupitice deposits and maintains all Escrow Account funds in a separate bank account which is separate from the operating accounts of Jupitice. Jupitice holds only legal title to, and not any equitable interest in, the escrow bank accounts and any funds deposited therein. This Agreement is supplementary to the Service Contract and to any other agreement between Client and ADR Practitioners concerning the Case.
TITLE TO FUNDS. The Company acknowledges and agrees that until the Escrow Property is disbursed to the Company in accordance with the terms of this Agreement, the Company has no right, title or interest in such Escrow Property.
TITLE TO FUNDS. Credzu is not a bank, trust company, or money transmitter, etc. Credzu is a third party company that acts as a fiduciary through its escrow services. Moreover, Credzu deposits all Escrow Account funds in a third party holding account protected by that bank’s Federal Deposit Insurance Corporation insurance, up to $250,000.00 per depositor. While funds remain in the Escrow Account, Credzu’s authority over or management of the movement of the funds is contained in the Escrow Instructions and these Terms of Service. The Escrow Account is separate from the operating accounts of Credzu. Credzu will not voluntarily make funds deposited in the Escrow Account available to its creditors, or the creditors of its Affiliates, in the event of a bankruptcy, or for any other purpose. As provided in United States Bankruptcy Code, § 541(d), Credzu holds only legal title to, and not any equitable interest in, the Escrow Account and any funds deposited therein. This Agreement is supplementary to the Service Contract and to any other agreement between Consumer and Service Provider concerning the Service, as provided in 11 United States Bankruptcy Code, § 365(n).
TITLE TO FUNDS. The Trustee shall receive contributions made by any person or by the City. The Trustee shall have legal title to all of the assets of the Fund.