sample.lexon.txt 578 B

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  1. LEX Paid Escrow.
  2. LEXON: 0.2.12
  3. COMMENT: 3.f - an escrow that is controlled by a third party for a fee.
  4. “Payer” is a person.
  5. “Payee” is a person.
  6. “Arbiter” is a person.
  7. “Fee” is an amount.
  8. The Payer pays an Amount into escrow,
  9. appoints the Payee,
  10. appoints the Arbiter,
  11. and also fixes the Fee.
  12. CLAUSE: Pay Out.
  13. The Arbiter may pay from escrow the Fee to themselves,
  14. and afterwards pay the remainder of the escrow to the Payee.
  15. CLAUSE: Pay Back.
  16. The Arbiter may pay from escrow the Fee to themselves,
  17. and afterwards return the remainder of the escrow to the Payer.