Allocation of payments and judicial and extrajudicial Sample Clauses

Allocation of payments and judicial and extrajudicial costs 1. Cash payments shall be deemed in the first place to have been made on account of non-preferential debts. 2. The Freight Forwarder shall be entitled to charge to the Client extrajudicial and judicial costs for collection of the claim. The extrajudicial collection costs are owed as from the time at which the Client is in default and these amount to 10% of the claim, with a minimum of € 100.00.
AutoNDA by SimpleDocs

Related to Allocation of payments and judicial and extrajudicial

  • Application of Payments Landlord shall have the right to apply payments received from Tenant pursuant to this Lease, regardless of Tenant’s designation of such payments, to satisfy any obligations of Tenant hereunder, in such order and amounts as Landlord, in its sole discretion, may elect.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!