COUNTERPARTY MULTILATERAL NOVATION RELEASE // U.S. GAAP ASC 405-20-40-1
Mechanical & HVAC Contractor (Participant E)
Invite Token: inv_room_pilot_demo_2026_elec_65k • ERP: STRIPE_INVOICING
AWAITING COUNTERPARTY SIGN-OFF
VERIFIED 3-PARTY CIRCULAR PAYABLE OFFSET
Ready-Mix Concrete Supplier (Participant C) and Electrical Subcontractor (Participant D) have a verified $65,000.00 open payable chain in this private clearing room. When Participant D and Participant E contribute their blinded ledgers, an additional $195,000.00 is extinguished with $0.00 bank cash.
Connected Counterparties Ready to Sign: Ready-Mix Concrete Supplier (Participant C) • Electrical Subcontractor (Participant D)
Your Payable Extinguished ($0 Cash)
$65,000.00
Simultaneous AP & AR reduction (Δ Net Equity = $0.00)
Total 3-Party Loop Cleared
$195,000.00
3 participants × $65,000.00 bottleneck
Cash Custody & Success Fee
$0.00 Wire
1.00% fee ($650.00) • Saves $1,300.00 credit interest
LOCAL 2-EDGE BOUNDARY PROOF (RFC 9497 OPRF)
Your private vendor and customer lists are never uploaded. You attest only to your two local boundary edges:
Incoming Receivable Surrendered:
−$65,000.00 AR
Outgoing Payable Extinguished:
−$65,000.00 AP
Non-Adjacent Identities Revealed:
0 Entities
MICROSOFT Z3 & U.S. GAAP ASC 405-20-40-1 ATTESTATION
By clicking sign below, you consent to multilateral debt release under U.S. GAAP ASC 405-20-40-1 and non-custodial bookkeeping setoff under FinCEN 31 CFR § 1010.100(ff)(5).
Active Cluster Certificate: CERT-Z3-ASC40520-107F0C83D1DB
Z3 Formal Proof Status: VERIFIED_QED (5/5 Theorems)
Cluster Total Extinguished: $240,000.00
✓ 3-PARTY LOOP CLOSED & VERIFIED BY MICROSOFT Z3 (CERT-Z3-ASC40520-107F0C83D1DB)
Mechanical & HVAC Contractor (Participant E) signed the multilateral release. Additional $105,000.00 extinguished across the 3-party loop ($470,000.00 total cluster payables cleared with $0.00 bank cash).