Interpleader Action definition

Interpleader Action means the action to be filed by the Insurance Carriers as described in ¶9.
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Interpleader Action means the action to be filed by the Insurers as described in ¶¶4.5-4.6.
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Interpleader Action means that action or claim commenced by Gulf in order to obtain court approval for the application of the Insurance Proceeds as required in this Stipulation, or some other action or claim commenced against Gulf to achieve the same result.
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Examples of Interpleader Action in a sentence

  • If a dispute arises between the parties as to the disposition of the Deposit, the Escrow Agent shall: (i) hold the Deposit until the Escrow Agent has received releases signed by all parties to the transaction authorizing disposition of the Deposit, or (ii) hold the Deposit until such time as one of the parties to the transaction files suit and the court in which the suit is filed orders the disbursement of the Deposit, or (iii) deliver such Deposit into the court by filing an Interpleader Action.

  • Upon the Registration Date, HPEV and Spirit Bear, and the assignees and representatives of each, agree to dismiss (or, as with respect to the Interpleader Action, cause to be dismissed) with prejudice the Lawsuits (including to the extent permissible by law the Shareholder Derivative Claims as addressed in Exhibit A), each Party to bear its own costs, expenses and attorneys’ fees in connection therewith.

  • Except for the Escrow Agent’s right to file an Interpleader Action, this Agreement and the legal relations among the Parties hereto shall be governed by and construed in accordance with the laws of the State of Colorado and that the State or Federal Courts of Denver, Colorado shall be the jurisdiction in which any legal proceedings relative to this Agreement shall be brought.

  • Spirit Bear Limited, Xxxxxx and Olins 14-cv-9175 (PGG) (S.D.N.Y.) (the “SDNY Matter”) by no later than June 1, 2015, HPEV and Spirit Bear, and the assignees and representatives of each, agree to dismiss (or, as with respect to the Interpleader Action, cause to be dismissed) without prejudice the Lawsuits (including to the extent permissible by law the Shareholder Derivative Claims as addressed in Exhibit A), each Party to bear its own costs, expenses and attorneys’ fees in connection therewith.

  • The Interpleader Action is pending as of the date of this press release.

  • In addition, it should not be assumed that Actrade will recover substantial funds, if any, through the Interpleader Action.

  • The fee agreed upon for the services rendered hereunder is intended as full compensation for the Escrow Agents services as contemplated by this Agreement however the Escrow Agent may also charge against Funds payable to the Advisor any necessary and reasonable costs such as, though not limited to certified mailings or any filing and service fees related to any Interpleader Action.

  • It is understood and agreed that currently $2,375,000 of these funds are the subject of that certain interpleader action filed by Gulf Insurance Company in XXXXXXXX XXXXX, XXXX XXX XXXXXX XX XXXXXX, XXXXXXXX as Case Number: 03 CV 2067 (the "Interpleader Action").

  • While the off-shore bank continues to freeze the accounts of such third-parties, such bank has also commenced an interpleader court action, requesting that the court determine the rightful owner of the funds at issue (the "Interpleader Action").

  • Lumber Liquidators will seek, in good faith and using best efforts, releases from all persons or entities that might have a claim or entitlement to the Insurance Proceeds prior to the filing of the Interpleader Action.


More Definitions of Interpleader Action

Interpleader Action means an action in interpleader commenced by any of the Distributors or any of the Lawyer Group, which shall be commenced, if at all, only in the Superior Court for the State of California for the County of Los Angeles, Central District (the "Court"), and which shall be brought, if at all, pursuant to California Code of Civil Procedure section 386; PROVIDED, HOWEVER, that in the event of any conflict between the provisions of this paragraph 4.3.1 and any applicable statute, rule or law pertaining to Claims asserted by the IRS or the FTB in addition to the existing Tax Liens, such applicable statutes, rules or laws shall control, and the term "Interpleader Action" shall be deemed to include any suit, action or proceeding commenced pursuant to such applicable statutes, rules or laws.
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Interpleader Action means the currently pending related interpleader action captioned Xxxxxxx Asset Group, LLC v. Diversified Financing LLC, et al., No. 1:20-CV-02818-ELR (N.D. Georgia).
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Interpleader Action means that certain Complaint in Interpleader Pursuant to 28 U.S.C. ss. 1335, styled Teppco Crude Oil, L.P. v. American Natural Energy Corporation, et al., Civil Action No. 06-0809, filed in the United States District Court for the Eastern District of Louisiana.
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Interpleader Action means that certain proceeding currently pending before the Superior Court of the State of Delaware in and for New Castle County, Civil Action No. 09C-10-163 RCC, and any related proceedings.
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Interpleader Action means the lawsuit filed by Citibank, F.S.B., as plaintiff/interpleader against BCG and WAC entitled Citibank, F.S.B. v. Wireless ---------------------------- Americas Corp., and Boston Communications Group, Inc. presently pending in the ---------------------------------------------------- Circuit Court of the Eleventh Judicial District, in and for Dade County, Florida.
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Related to Interpleader Action

  • Adjudicatory proceeding means a contested case, a proceeding that may culminate in a contested case, a petition for declaratory order, a petition for expedited resolution of a negotiability dispute, or any other proceeding which may require the board or its designee to issue a decision, order, or ruling.

  • Litigation means any action, suit or proceeding before any court, mediator, arbitrator or Governmental Authority.

  • Adjudicative proceeding means the procedure to be followed in contested cases, as set forth in RSA 541-A:31 through RSA 541-A:36.

  • Action shall have the meaning ascribed to such term in Section 3.1(j).

  • Other Actions means any other actions or proceedings, excluding the Proceedings, relating to Released Claims commenced by a Settlement Class Member either before or after the Effective Date.

  • Transaction Litigation has the meaning set forth in Section 5.2(d).

  • Lawsuit means any lawsuit, arbitration or other dispute resolution filed by either party herein pertaining to any of this Warrant, the Facility Agreement and the Registration Rights Agreement.

  • Adjudication means agency process for the formulation of an order;

  • resolution action means the decision to place an institution or entity referred to in point (b), (c) or (d) of Article 1(1) under resolution pursuant to Article 32 or 33, the application of a resolution tool, or the exercise of one or more resolution powers;

  • ADR Proceeding means either an Arbitration or a Mediation.

  • dispute resolution proceeding ’ means any process in which an alternative means of dispute resolution is used to resolve an issue in controversy in which a neutral is appointed and specified parties participate;

  • Special Court means a Court of Session designated as Special Court under sub-section (1) of section 43;

  • Delaware Court means the Court of Chancery of the State of Delaware.

  • Adjudicatory hearing means a hearing to determine:

  • Legal Action means and includes any claim, counterclaim, demand, action, suit, counterclaim, arbitration, inquiry, proceeding or investigation before any

  • Receivership court means the court in the insolvent or impaired insurer's state having jurisdiction over the conservation, rehabilitation, or liquidation of the member insurer.

  • Appellate Decision-maker means a person who considers and decides appeals of determinations regarding responsibility and dismissals of formal complaints. The Appellate Decision-maker cannot be the same person as the Title IX Coordinator, Investigator, or Decision-maker. The Appellate Decision-maker may be a school district employee, or a third party designated by the school district.

  • Tribal Court means a court with jurisdiction over child custody proceedings and that is either a Court of Indian Offenses, a court established and operated under the code of custom of an Indian tribe or any other administrative body of a tribe that is vested with authority over child custody proceedings.

  • Class Action means a legal action:

  • Delaware Courts has the meaning set forth in Section 8.2.

  • Complaint Investigation means an investigation of any complaint that has been made to a proper authority that is not covered by an abuse investigation.

  • Administrative proceeding means a non-judicial process that is adjudicatory in nature in order to make a determination of fault or liability (e.g., Securities and Exchange Commission Administrative Proceedings, Civilian Board of Contract Appeals Proceedings, and Armed Services Board of Contract Appeals Proceedings). This includes administrative proceedings at the Federal and State level but only in connection with performance of a Federal contract or grant. It does not include agency actions such as contract audits, site visits, corrective plans, or inspection of deliverables.

  • Motion means a formal proposition to be discussed and voted on during the course of a meeting.

  • Claim means any claim, action, cause of action, demand, lawsuit, arbitration, inquiry, audit, notice of violation, proceeding, litigation, citation, summons, subpoena, or investigation of any nature, whether civil, criminal, administrative, regulatory or other, and whether at law, in equity or otherwise brought against an Indemnified Person.

  • Competent Court means the Supreme Court of India or any High Court, or any tribunal or any similar judicial or quasi-judicial body that has jurisdiction in relation to issues relating to the Project.

  • Proceeding means an action, claim, suit, investigation or proceeding (including, without limitation, an informal investigation or partial proceeding, such as a deposition), whether commenced or threatened.