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- LEX Paid Escrow.
- LEXON: 0.2.12
- COMMENT: 3.f - an escrow that is controlled by a third party for a fee.
- “Payer” is a person.
- “Payee” is a person.
- “Arbiter” is a person.
- “Fee” is an amount.
- The Payer pays an Amount into escrow,
- appoints the Payee,
- appoints the Arbiter,
- and also fixes the Fee.
- CLAUSE: Pay Out.
- The Arbiter may pay from escrow the Fee to themselves,
- and afterwards pay the remainder of the escrow to the Payee.
- CLAUSE: Pay Back.
- The Arbiter may pay from escrow the Fee to themselves,
- and afterwards return the remainder of the escrow to the Payer.
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