Collection Cost definition

Collection Cost means an amount that the municipality can charge with regard to the enforcement of a consumer’s monetary obligations, if the service agreement is a credit agreement in terms of the National Credit Act;
Collection Cost means the estimated cost to be incurred by the City during any Fiscal Year in connection with the administration and collection of Assessments.
Collection Cost means the estimated cost to be incurred by the Town during any Fiscal Year in connection with the collection of the Improvement Assessments.

Examples of Collection Cost in a sentence

  • If the corporation shall fail to promptly make any payment required by the preceding sentence, then any Covered Person interested in any issue decided by such counsel may elect to make such payment, and if any Covered Person does so, (i) such Covered Person shall be entitled to immediate reimbursement from the corporation for such payment and (ii) such payment shall be deemed a Collection Cost.

  • Interest shall begin to accrue on any Collection Cost at the time such Collection Cost shall have been paid by the person by whom it was incurred.

  • Interest shall start to accrue on any amount the corporation shall pay or shall be required to pay under this Article Nine other than a Collection Cost or interest on the eleventh day after the Request Date for such amount.

  • As Liabilities Time Collection Cost (C.C.P.) we shall understand the 30-day Liabilities Time Collection cost, estimated by the Banco de Mexico representing the group of Multiple Banking Institutions and issued by the Official Federation Diary (Diario Oficial de la Federacion) at the initial date of each rate determination period.

  • If Jayhawk has determined that an Obligor with respect to a Purchased Contract has not obtained such insurance or has allowed it to lapse, Jayhawk may obtain insurance (which, at the option of Jayhawk, may insure only the interest of the owner of the Purchased Contract in the related Financed Vehicle) naming Jayhawk or such owner as the loss payee, and may charge the amount paid therefor as a Collection Cost.


More Definitions of Collection Cost

Collection Cost means the amount computed each Fiscal Year for each Tax Parcel that shall be equal to (1) the Prepayment Amount for such Tax Parcel divided by the sum of the aggregate Prepayment Amount, multiplied by (2) the estimated cost to be incurred by the County during any Fiscal Year in connection with collection of the Wastewater Assessments, including staff administration time.
Collection Cost means the estimated cost to be incurred by the District during any Fiscal Year in connection with the collection of Assessments including, but not limited to, costs associated with billing and collection, financing charges, and other charges or costs associated with the use of the Uniform Assessment Collection Act.
Collection Cost means the estimated cost to be incurred by the County during any Fiscal Year in connection with the implementation, administration, collection, and enforcement of Assessments, including, without limiting the generality of the foregoing, any service charges of the Tax Collector or Property Appraiser.
Collection Cost means all or any portion of the estimated cost to be incurred by the City during any Fiscal Year in connection with the collection of Assessments.
Collection Cost means the estimated cost to be incurred by the County during any fiscal
Collection Cost has the meaning specified in Section 8.2(b).