Payment of Settlement Funds by Xxxxx. Xxxx to RWB
(1) Within 15 days of the Court’s approval of the Settlement Agreement, Monk shall pay ten thousand dollars (CAD $10,000.00) to the lawyers for the RWB, in trust, in full and final settlement of the RWB’s cross-claim against Monk. The cross-claim will be dismissed at the same time as the Action.
(2) Failure of Monk to make this payment to the RWB will in no way effect the validity and enforceability of this Settlement as between the Plaintiffs and Defendants, and the Settlement of the Action on the terms set out herein shall be completed notwithstanding any default in payment by Monk to the RWB.
