What are the different types of release triggers?
There are many different types of release triggers that can be used in escrow agreements. Some common release triggers include:
Payment: The assets can be released from escrow once the customer has paid the manufacturer.
Completion of production: The assets can be released from escrow once the manufacturer has completed production of the products.
Acceptance of the products: The assets can be released from escrow once the customer has accepted the products.
Termination of the contract: The assets can be released from escrow if the contract is terminated.
