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Escrow Arrangement, is a private contract only

Posted on 21 October, 2016 at 13:50 Comments comments (0)

Escrow Arrangements, are generally private arrangements between the parties as there is a shift of trust from Licensing Party to neutral person for commercial or non-commercial reasons. Such arrangements could be to safeguard interest of Licensee whose interest would get affected in circumstances not within control of the Licensor or Licensee as the case may be, like business or regulatory compulsions.

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