Common use of Payment into Court Clause in Contracts

Payment into Court. Where there is a question as to who is entitled to receive payment under sections 8.1.5, 8.1.6 or 8.1.7, the Investor or the Receiver may pay the Proceeds referred to therein into court.

Appears in 2 contracts

Samples: General Security Agreement (Lorus Therapeutics Inc), Subscription Agreement (Lorus Therapeutics Inc)

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Payment into Court. Where there is a question as to who is entitled to receive payment under sections 8.1.56.1.4, 8.1.6 6.1.5 or 8.1.76.1.6, the Investor or the Receiver may pay the Proceeds referred to therein into court.

Appears in 1 contract

Samples: Subscription Agreement (Lorus Therapeutics Inc)

Payment into Court. Where there is a question as to who is entitled to receive payment under sections 8.1.59.1.5, 8.1.6 9.1.6 or 8.1.79.1.7, the Investor Agent, the Lenders or the Receiver may pay the Proceeds referred to therein into court.

Appears in 1 contract

Samples: General Security Agreement (Archibald Candy Corp)

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Payment into Court. Where there is a question as to who is entitled to receive payment under sections 8.1.59.1.5, 8.1.6 9.1.6 or 8.1.79.1.7, the Investor Trustee or the Receiver may pay the Proceeds referred to therein into court.

Appears in 1 contract

Samples: General Security Agreement (Archibald Candy Corp)

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