Acceleration Upon Default. Students failure to commence service and, in the alternative, failure to repay, failure to begin agreed upon installments to repay sponsor, or default after commencement of repayment by installment shall cause all amounts owed to be immediately due and payable; and the liability for any and all costs incurred by the sponsor in recovering all monies owed sponsor. Default shall be declared by sponsor.
Appears in 4 contracts
Samples: Sponsorship Agreement, Sponsorship Agreement, Sponsorship Agreement
