Collections costs. If you default under the terms of your credit agreement, we are entitled to collections costs as follows: • for a Default notice, the amount prescribed under the NCA; • for work undertaken for us by registered debt collectors to recover your debt, amounts prescribed under the Debt Collectors Act 114 of 1998; or • for enforcement action to recover your debt, amounts prescribed under the Magistrates’ Courts Act 32 of 1944 or the Superior Courts Act 10 of 2013. You agree that we are also entitled to recover from you the fees and commissions that attorneys charge us on an attorney/client basis: • for collections work as prescribed under the Legal Practice Act 28 of 2014; and • for legal proceedings to recover your debt, as determined by the court, if not agreed. You agree that we may debit the collections costs, fees and commissions to the bank or credit agreement account on which the relevant default has arisen and that the costs will be added to and form part of the outstanding balance. The collections costs described in this paragraph are referred to as “Costs” in our credit agreements.
Collections costs. You agree to pay Miramont all costs associated with collecting any amounts due and owing for services incurred by you, or on behalf of any of the family members listed on this application. Fees and costs may include interest rate charges, as allowed by law, and attorney fees incurred in the collection of any out-standing balance.
Collections costs. Participant agrees to pay Miramont all costs associated with collecting any amounts due and owing for services incurred by Participant. Fees and costs may include interest rate charges, as allowed by law, and attorney fees incurred in the collection of any out-standing balance.
Collections costs. If any payment obligation under this Note is not paid when due, teh Borrower promises to pay all costs of collection, including reasonable attorneys fees, whether or not a lawsuit is commenced as part of the collection process.
Collections costs. If you are in default under the terms of your credit agreement, we are entitled to collections costs/commission as follows: for a Default notice, ; for work undertaken for us by registered debt collectors to recover your debt; and/or • for enforcement action to recover your debt, including auctioneers. You also agree that we are entitled to recover from you the fees and commissions that attorneys charge us on an attorney/client basis: • for collections work; and • for legal proceedings to recover your debt. You agree that we may debit all collections costs, fees and commissions described in this paragraph to the Account upon which the relevant default has arisen and that they will be added to and form part of the outstanding balance. The collections costs, fees and commissions described in this paragraph are referred to as “costs” in our credit agreements.
