Common use of Payment into Court Clause in Contracts

Payment into Court. If there is a dispute about: (a) a payout from the Fund or equalization of Property or other dispute arising from a breakdown of the Annuitant’s marriage or common law partnership; (b) the validity or enforceability of any legal demand or claim against the Property; or (c) the authority of a person or personal representative to apply for and accept receipt of the Fund Proceeds on death of the Annuitant; the Trustee and the Agent are entitled to either apply to the court for directions or pay the Fund Proceeds into court and, in either case, fully recover any legal costs they incur in this regard as Expenses from the Fund.

Payment into Court. If there is a dispute about: (a) a payout from the Fund Plan or equalization of Property or other dispute arising from a breakdown of the Annuitant’s marriage or common law partnership; (b) the validity or enforceability of any legal demand or claim against the Property; or (c) the authority of a person or personal representative to apply for and accept receipt of the Fund Plan Proceeds on death of the Annuitant; the The Trustee and the Agent are entitled to either apply to the court for directions or pay the Fund Plan Proceeds into court and, in either case, fully recover any legal costs they incur it incurs in this regard as Expenses from the FundPlan.

Payment into Court. If there is a dispute about: (a) a payout from the Fund Plan or equalization of Property or other dispute arising from a breakdown of the Annuitant’s marriage or common law partnership; (b) the validity or enforceability of any legal demand or claim against the Property; or (c) the authority of a person or personal representative to apply for and accept receipt of the Fund Plan Proceeds on death of the Annuitant; the Trustee and the Agent are entitled to either apply to the court for directions or pay the Fund Plan Proceeds into court and, in either case, fully recover any legal costs they incur it incurs in this regard as Expenses from the FundPlan.

Payment into Court. If there is a dispute about: (a) a payout from the Fund or equalization of Property or other dispute arising from a breakdown of the Annuitant’s marriage or common law partnership; (b) the validity or enforceability of any legal demand or claim against the Property; or (c) the authority of a person or personal representative to apply for and accept receipt of the Fund Proceeds on death of the Annuitant; the The Trustee and the Agent are entitled to either apply to the court for directions or pay the Fund Proceeds into court and, in either case, fully recover any legal costs they incur in this regard as Expenses from the Fund.