Common use of Collection Rights Clause in Contracts

Collection Rights. If, on account of student’s failure to perform any of the obligations of this Agreement, it shall be necessary or appropriate for College Village to employ or consult with an attorney or collection agency concerning this Agreement or to enforce or defend any of College Village’s rights or remedies arising under this Agreement or to collect any sum due from the student, the student agrees to pay all costs and fees so incurred by College Village, including, without limitation any collection agency and/or attorney fees and expenses, and any costs related to the repossession, safekeeping, storage, repair, reconditioning or disposition of the personal property of the student.