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 7.1.5, 7.1.6 or 7.1.7, Deluxe or the Receiver may pay the Proceeds referred to therein into court.

Appears in 2 contracts

Samples: Security Agreement (Visual Bible International Inc), Inventory Security Agreement (Visual Bible International Inc)

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Payment into Court. Where there is a question as to who is entitled to receive payment under sections 7.1.58.1.5, 7.1.6 8.1.6 or 7.1.78.1.7, Deluxe the Investor or the Receiver may pay the Proceeds referred to therein into court.

Appears in 2 contracts

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

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