Cost of Collections Sample Clauses

Cost of Collections. If an Event of Default occurs, the Company shall pay the Holder hereof reasonable costs of collection, including reasonable attorney's fees.
Sample 1Sample 2Sample 3See All (51)
AutoNDA by SimpleDocs
Cost of Collections. Customer shall be liable to OSN for any costs incurred by OSN in enforcing any payment or other obligation of Customer under this Agreement including, without limitation, collection agency costs, reasonable attorney’s fees, and court costs, if any.
Sample 1Sample 2
Cost of Collections. In the event CLIENT fails to pay the fee to TAXBACK within ten (10) days of receipt of the refund checks, then CLIENT shall pay a late charge equal to 10% of the fee due TAXBACK. This late charge is not a penalty but a reasonable estimate of the additional cost to TAXBACK in performing its services prior to turning this matter over to its attorneys for collection. In addition, CLIENT shall pay to TAXBACK interest on the amount of the unpaid fee at the rate of 1.5% per month (18% per year) on the unpaid fee commencing ten (10) days after CLIENT receives the refund checks. GOVERNING LAW. Agreement shall be governed by and construed in accordance with the internal laws of the State of Arizona, without regard to conflicts of law provisions of Arizona State law.
Sample 1
Cost of Collections. In the event TAXPAYER fails to pay the Fee to TAXBACK within ten (10) days of receipt of the Refund Notification, then TAXPAYER shall pay a late charge equal to ten percent (10%) of the Fee due TAXBACK. Such late charge is not a penalty but a reasonable estimate of the additional cost to TAXBACK in performing its services hereunder prior to turning this matter over to its attorneys for collection. In addition, TAXPAYER shall pay to TAXBACK interest on the amount of the unpaid Fee at the rate of one and one-half percent (1.5%) per month (eighteen percent [18%] per annum) on the unpaid Fee commencing ten (10) days after TAXPAYER receives the Refund Notification.
Sample 1

Related to Cost of Collections

  • Cost of Collection If default is made in the payment of this Note, Borrower shall pay the Holder hereof reasonable costs of collection, including reasonable attorneys' fees.

  • Costs of Collection In any dispute involving monies owed to Company, the Company shall be entitled to all costs of collection, including reasonable attorney’s fees and interest at 15% per annum or the highest rate allowed by law, whichever is less, unless a lower amount is agreed to by Company.

  • Deposit of Collections The Borrower shall promptly (but in no event later than two Business Days after receipt) deposit or cause to be deposited into the Collection Account any and all Available Collections received by the Borrower, the Servicer or any of their Affiliates.

  • Attorneys’ Fees and Cost of Collection In the event of any arbitration or action at law or in equity to enforce or interpret the terms of this Agreement or any of the other Transaction Documents, the parties agree that the party who is awarded the most money (which, for the avoidance of doubt, shall be determined without regard to any statutory fines, penalties, fees, or other charges awarded to any party) shall be deemed the prevailing party for all purposes and shall therefore be entitled to an additional award of the full amount of the attorneys’ fees, deposition costs, and expenses paid by such prevailing party in connection with arbitration or litigation without reduction or apportionment based upon the individual claims or defenses giving rise to the fees and expenses. Nothing herein shall restrict or impair an arbitrator’s or a court’s power to award fees and expenses for frivolous or bad faith pleading. If (i) the Note is placed in the hands of an attorney for collection or enforcement prior to commencing arbitration or legal proceedings, or is collected or enforced through any arbitration or legal proceeding, or Investor otherwise takes action to collect amounts due under the Note or to enforce the provisions of the Note, or (ii) there occurs any bankruptcy, reorganization, receivership of Company or other proceedings affecting Company’s creditors’ rights and involving a claim under the Note; then Company shall pay the costs incurred by Investor for such collection, enforcement or action or in connection with such bankruptcy, reorganization, receivership or other proceeding, including, without limitation, attorneys’ fees, expenses, deposition costs, and disbursements.

  • Income Collection Unless otherwise directed by Instruction, the Custodian shall collect any amount due and payable to the Fund with respect to Investments and promptly credit the amount collected to a Principal or Agency Account; provided, however, that the Custodian shall not be responsible for: (a) the collection of amounts due and payable with respect to Investments that are in default or (b) the collection of cash or share entitlements with respect to Investments that are not registered in the name of the Custodian or its Subcustodians. The Custodian is hereby authorized to endorse and deliver any instrument required to be so endorsed and delivered to effect collection of any amount due and payable to the Fund with respect to Investments.

  • Application of Collections On each Payment Date, all collections for the related Collection Period shall be applied by the Servicer as follows:

  • Allocations of Collections 35 SECTION 10. Payments..................................................................................................47 SECTION 11.

  • Allocations of Finance Charge Collections The Servicer shall allocate to the Series 1997-1 Certificateholders and retain in the Collection Account for application as provided herein an amount equal to the product of (A) the Floating Allocation Percentage and (B) the Series 1997-1 Allocation Percentage and (C) the aggregate amount of Collections of Finance Charge Receivables deposited in the Collection Account on such Deposit Date.

Time is Money Join Law Insider Premium to draft better contracts faster.