Examples of Collection Costs in a sentence
Within ten (10) days after the Beneficiary’s written request from time to time, the Guarantors shall pay (or provide the Beneficiary with sufficient funds for the payment of), or reimburse the Beneficiary for payment of, all Collection Costs identified by the Beneficiary with each request.
In the event that the Beneficiary shall obtain a judgment against any Guarantor based on this Guaranty, the obligation of the Guarantors to pay Collection Costs shall not be merged into such judgment but each Guarantor’s obligation to pay Collection Costs shall continue and shall apply to any Collection Costs incurred by the Beneficiary in defending, enforcing and collecting such judgment and any Collection Costs incurred in connection with any appeal of all or any portion of such judgment.