Reznik Paz Nevo Trusts Ltd. has vast experience in provision of trust services related to ensuring execution of transactions.
The company serves as a trustee or escrow agent to secure execution of transactions: follow-up of completion of the execution thereof; granting of approvals; making payments required in the framework of financial and M&A transactions and intercompany loans.
In addition, the company serves as a Collateral Agent for securities required for various transactions thus holding shares or other assets provided as collateral.
In accordance with terms of each transaction, the company, among other things, monitors execution of obligations; makes payments and checks the compliance with required financial covenants. Additionally, the company issues ongoing reports to the parties to the transaction; deals with release of collaterals, all subject to compliance and progress of the relevant transactions.