Interpleader definition

Interpleader. If an xxxxxxx money dispute cannot be resolved after a reasonable time, Xxxxxx may interplead the xxxxxxx money into a court of competent jurisdiction if Xxxxxx is unsure who is entitled to the xxxxxxx money. Holder shall be reimbursed for and may deduct its costs, expenses and reasonable attorney’s fees from any funds interpleaded. The prevailing defendant in the interpleader lawsuit shall be entitled to collect its attorney’s fees, court costs and the amount deducted by Holder to cover Holder’s costs and expenses from the non- prevailing defendant.
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Interpleader means relief sought under Part V of these Rules by a person who is under a liability in respect of which two or more persons are making adverse claims,
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Interpleader shall include the deposit of disputed monies with the clerk of court under NCGS 93A-12.
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Examples of Interpleader in a sentence

  • The earnest money must be disposed of as provided in 13.1(7), 13.1(8), or 13.1(10), and the broker shall pursue any claim for commission or compensation against the broker’s client.13.1(10) Interpleader.

  • The Issuer and the Bank further agree that the Bank has the right to file a Bill of Interpleader in any court of competent jurisdiction in the State of Texas to determine the rights of any Person claiming any interest herein.

  • The City and the Bank further agree that the Bank has the right to file a Bill of Interpleader in any court of competent jurisdiction within the State of Texas to determine the rights of any Person claiming any interest herein.

  • In the event of the receipt of such notice, the Escrow Agent, in its sole discretion, may commence an action in the Nature of Interpleader in any state of federal court located in New York County, State of New York.

  • Answer to a Complaint for Money Had and Received with a Counterclaim for Interpleader 120 Form 40.

  • Plaintiffs present evidence that because Defendants failed to adequately test the fittings, they are “substantially certain to fail within the 25 year express warranty provided by Zurn and/or the useful life of the fittings.” 2d.

  • Escrowee may be reimbursed from the Xxxxxxx Money for all costs, including reasonable attorney’s fees, related to the filing of the Interpleader and the Parties indemnify and hold Escrowee harmless from any and all claims and demands, including the payment of reasonable attorneys’ fees, costs, and expenses arising out of those claims and demands.

  • Interpleader Persons having claims against the plaintiff may be joined as defendants and required to interplead when their claims are such that the plaintiff is or may be exposed to double or multiple liability.

  • The Issuer and the Bank further agree that the Bank has the right to file a Bill of Interpleader in any court of competent jurisdiction within the state of Texas, at the expense of the Issuer, to determine the rights of any person claiming any interest hereunder.

  • The Issuer and the Bank further agree that the Bank has the right to file a Xxxx of Interpleader in any court of competent jurisdiction in the State of Texas to determine the rights of any Person claiming any interest herein.


More Definitions of Interpleader

Interpleader. If an xxxxxxx money dispute cannot be resolved after a reasonable time, Xxxxxx may interplead the xxxxxxx money into a court of competent jurisdiction if Xxxxxx is unsure who is entitled to the xxxxxxx money. Holder shall be reimbursed for and may deduct its costs, expenses and reasonable DWWRUfeeQs Hfro\m¶anVy funds interpleaded. The prevailing defendant in the interpleader lawsuit shall be entitled to collect its DWWRUfeQes,Hco\ur¶t cVosts and the amount deducted by Holder to cover +ROGcHosUts a¶ndVexpenses from the non- prevailing defendant.
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Interpleader has the meaning set forth in Section 5.19.
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Interpleader. If Holder interpleads any of the xxxxxxx money into a court of competent jurisdiction Holder shall be reimbursed for and may deduct its reasonable attorney’s fees and costs from any funds interpleaded. The prevailing party in the interpleader lawsuit shall be entitled to collect its reasonable attorney’s fees and costs in addition to the amount deducted by Holder to cover Xxxxxx’s attorney’s fees and costs from the non-prevailing party.
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Interpleader. If an xxxxxxx money dispute cannot be resolved after a reasonable time, Xxxxxx may interplead the xxxxxxx money into a court of competent jurisdiction if Xxxxxx is unsure who is entitled to the xxxxxxx money.
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Related to Interpleader

  • Litigation means any lawsuit, action, arbitration, administrative or other proceeding, criminal prosecution or governmental investigation or inquiry.

  • 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.

  • adjudicating officer means the adjudicating officer appointed under sub-section (1) of section 71;

  • Adjudicatory hearing means a hearing to determine:

  • 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.

  • 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.

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

  • 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.

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

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

  • 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.

  • Court of Appeal means the division of the Supreme Court referred to in section 7(1)(b);

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

  • Ontario Court means the Ontario Superior Court of Justice.

  • Adjudicator means the person named in Appendix 2 of the Contract Agreement, appointed by agreement between the Procuring Entity and the Supplier to make a decision on or to settle any

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

  • ADR Proceeding means either an Arbitration or a Mediation.

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

  • Court means the High Court;

  • Arbitration means any arbitration whether or not administered by a permanent arbitral institution;

  • 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;

  • Supreme Court means the North Carolina Supreme Court.

  • Hearing means an oral hearing and includes a hearing conducted in whole or in part by video link, telephone or other means of instantaneous two-way electronic communication;

  • Commissioners Court means Travis County Commissioners Court.

  • Appellate court means the Supreme Court, Court of Appeals, or both, as appropriate.

  • Delaware Courts shall have the meaning set forth in Section 9(d).