Common use of FILING FINE Clause in Contracts

FILING FINE. In the event of collection of the debt originating from this Agreement in Court, the BENEFICIARY shall pay a fine of ten percent (10%) of the principal and debt charges, in addition to extrajudicial and judicial expenses and attorneys’ fees due as from the filing date of the action for collection.

Appears in 2 contracts

Sources: Credit Facility Financing Agreement (Linx S.A.), Credit Facility Financing Agreement (Linx S.A.)

FILING FINE. In the event of judicial collection of the debt originating resulting from this Agreement in CourtContract, the BENEFICIARY shall pay a fine of 10% (ten percent (10%percent) of on the principal and debt chargescharges of the debt, in addition to extrajudicial and judicial expenses and attorneyslawyersfees due as fees, from the filing date of first order by the action for collectioncompetent authority in the collection petition.

Appears in 1 contract

Sources: Loan Agreement (Brasil Telecom Sa)

FILING FINE. In the event of judicial collection of the debt originating resulting from this Agreement in CourtContract, the BENEFICIARY shall pay a fine of 10% (ten percent (10%percent) of on the principal and debt chargescharges of the debt, in addition to extrajudicial and judicial expenses and attorneysas well as lawyersfees fees, due as from the filing date of first order by the action for collectioncompetent authority in the collection petition.

Appears in 1 contract

Sources: Loan Agreement (Brasil Telecom Sa)