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Notice Of Demand For Assurance Of Performance-Escrow
NOTICE OF DEMAND FOR ASSURANCE OF PERFORMANCE-ESCROW
[Date]
[First Name of Recipient] [Last Name of Recipient]
[Company's Name of Recipient]
[Address of Recipient]
[City of Recipient], [State of Recipient]
[Zip Code of Recipient]
Dear [Mr./Mrs.] [Last Name of Recipient]:
I have been informed by [Name of notifier], of [Addresse of notifier], [City of notifier], [Statee of notifier], that [he or she] has delegated to you the performance of the agreement between [him or her] and me dated [Date of agreement], for the sale of [Quantity] of [Type of goods] for $ [Purchase Price] Dollars. I request satisfactory assurance from you that you will perform the agreement according to all the terms of the agreement.
A sufficient assurance will be created if you enter into an escrow agreement with me and pursuant thereto, deposit with an escrow agent $ [Amount to deposit with escrow agent] Dollars, the escrow agent to hold such sum subject to the terms of the escrow agreement.
Dated:
signature