Common use of Interpleader Clause in Contracts

Interpleader. In the event of a dispute about any funds of the Client held by Foreside from time to time under this Agreement, Foreside or its agents may commence an action in interpleader and pay the disputed funds into a court of competent jurisdiction, and the Client shall reimburse Foreside for its reasonable costs and expenses related to any such action in interpleader.

Appears in 13 contracts

Samples: Distribution Agreement (Wintergreen Fund, Inc.), Distribution Agreement (Bridgeway Funds Inc), Distribution Agreement (Bridgeway Funds Inc)

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Interpleader. In the event of a dispute about any funds of the Client Clients held by Foreside from time to time under this Agreement, Foreside or its agents may commence an action in interpleader and pay the disputed funds into a court of competent jurisdiction, and the Client Clients shall reimburse Foreside for its reasonable costs and expenses related to any such action in interpleader.

Appears in 2 contracts

Samples: Distribution Agreement (American Beacon Funds), Distribution Agreement (American Beacon Funds)

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Interpleader. In the event of a dispute about any funds fund of the Client Clients held by Foreside from time to time under this Agreement, Foreside or its agents may commence an action in interpleader and pay the disputed funds into a court of competent jurisdiction, and the Client Clients shall reimburse Foreside for its reasonable costs and expenses related to any such action in interpleader.

Appears in 1 contract

Samples: Distribution Agreement (American Beacon Funds)

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