Common use of Attorneys’ Fees and Collection Costs Clause in Contracts

Attorneys’ Fees and Collection Costs. If LESSEE violates any covenant, term or condition of this Lease, and the LESSOR employs an attorney or collection agency to pursue any violation or breach of this Lease, the LESSEE shall be liable as hereafter stated for all attorney fees, collection costs, court and legal costs incurred by the LESSOR. LESSEE agrees to pay the greater of either attorney’s fees in the amount of $750.00 plus $250 per hour for legal fees in excess of 3 hours, or collection costs equal to thirty percent (30%) of the total amount due from LESSEE under this Lease with a minimum of $200.00 collection costs. The aforesaid fees or collection costs shall be due whether or not litigation is commenced by LESSOR. LESSEE agrees that said attorney fees and collection fees are reasonable.

Appears in 3 contracts

Samples: Lease Agreement, Lease Agreement, Lease Agreement

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Attorneys’ Fees and Collection Costs. If LESSEE violates any covenant, term or condition of this Lease, and the LESSOR employs an attorney or collection agency to pursue any violation or breach of this Lease, the LESSEE shall be liable as hereafter stated for all attorney fees, collection costs, court and legal costs incurred by the LESSOR. LESSEE agrees to pay the greater of either attorney’s fees in the amount of $750.00 600.00 plus $250 200 per hour for legal fees in excess of 3 hours, or collection costs equal to thirty percent (30%) of the total amount due from LESSEE under this Lease with a minimum of $200.00 collection costs. The aforesaid fees or collection costs shall be due whether or not litigation is commenced by LESSOR. LESSEE agrees that said attorney fees and collection fees are reasonable.

Appears in 1 contract

Samples: Lease Agreement

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Attorneys’ Fees and Collection Costs. If LESSEE violates any covenant, term or condition of this Lease, and the LESSOR employs an attorney or collection agency to pursue any violation or breach of this Lease, the LESSEE shall be liable as hereafter stated for all attorney fees, collection costs, court and legal costs incurred by the LESSOR. LESSEE XXXXXX agrees to pay the greater of either attorney’s fees in the amount of $750.00 600.00 plus $250 200 per hour for legal fees in excess of 3 hours, or collection costs equal to thirty percent (30%) of the total amount due from LESSEE under this Lease with a minimum of $200.00 collection costs. The aforesaid fees or collection costs shall be due whether or not litigation is commenced by LESSORXXXXXX. LESSEE XXXXXX agrees that said attorney fees and collection fees are reasonable.

Appears in 1 contract

Samples: Lease Agreement

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