Cost of Recovery Sample Clauses

Cost of Recovery. For the purposes of the indemnities given in this clause 13, the property of a person includes that person’s costs of recovery of any property damaged or affected by the relevant loss, damage or destruction.
Sample 1
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Cost of Recovery.  We shall endeavour to collect any outstanding Membership Dues and fees, including any applicable Early Termination Fee, upon the termination of your membership, whether by us or due to a breach of these Terms or the Homegrown SportsCentre Rules.  You, as the Customer, are responsible for covering all costs incurred by Homegrown SportsCentre, including costs for which Homegrown SportsCentre may be contingently liable, in any effort to collect any monies owed by you under this Agreement. These costs encompass debt collection agent fees, repossession expenses, location search expenses, process server fees, and solicitor fees on a solicitor/client basis.
Sample 1
Cost of Recovery. In the event the yield of Product from the Bulk BNP supplied by Scios is less than that number of vials that is called for by the Specifications, Xxxxxx shall attempt to recover as much of the Bulk BNP as feasible, taking into account reasonable line losses. The expense of such recovery and shipping costs shall be borne by Xxxxxx if the failure to produce Product meeting the applicable Specifications was due to Xxxxxx’x failure to adhere to all of the procedures set forth in Exhibit C, and shall be borne by Scios if the failure was not due to Xxxxxx’x failure to adhere to all of the procedures set forth in Exhibit C. For purposes of this subsection 9(c), “recover” shall mean physically collect from tailings or vessels, or rework or re-lyophilize ***** Confidential portions of this material have been omitted and filed separately with the Securities and Exchange Commission.
Sample 1
Cost of Recovery. In the event the yield of Product from the Bulk BNP supplied by Scios is less than that number of vials that is called for by the Specifications, Xxxxxx shall attempt to recover as much of the Bulk BNP as feasible, taking into account reasonable line losses. The expense of such recovery and shipping costs shall be borne by Xxxxxx if the failure to produce Product meeting the applicable Specifications was due to Xxxxxx'x failure to adhere to all of the procedures set forth in Exhibit C, and shall be borne by Scios if the failure was not due to Xxxxxx'x failure to adhere to all of the procedures set forth in Exhibit C. For purposes of this subsection 9(c), "recover" shall mean physically collect from tailings or vessels, or rework or re-lyophilize within the limits of the Fill and Finish Program and within the Regulatory Approval documentation. ***** Confidential portions of this material have been omitted and filed separately with the Securities and Exchange Commission.
Sample 1
Cost of Recovery. The Company shall be authorized to receive payments from a Board of Administration approved collection agency employed to recover Plan overpayments. The Company shall be authorized to pay reasonable fees to the collection agency for Art. VII, 6(b) services rendered. A summary of payments received and fees paid shall be provided to the Company and the Union by the agency.
Sample 1

Related to Cost of Recovery

  • Allocation of Recoveries (a) If more than one of the parties hereto is damaged in a single loss for which recovery is received under the policy, each such party shall receive that portion of the recovery which represents the loss sustained by that party, unless the recovery is inadequate to fully indemnify such party sustaining loss.

  • Cost of Collection If default is made in the payment of this Note, Borrower shall pay the Holder hereof reasonable costs of collection, including reasonable attorneys' fees.

  • Collection of Receivable Payments The Servicer shall make reasonable efforts to collect all payments called for under the terms and provisions of the Receivables as and when the same shall become due, and shall follow such collection procedures as it follows with respect to all comparable motor vehicle receivables (including automobiles and light-duty trucks) that it services for itself or others. The Servicer shall be authorized to grant extensions, rebates or adjustments on a Receivable without the prior consent of the Issuer. If, as a result of the extending of payments in accordance with the customary servicing standards of the Servicer, any Receivable will be outstanding later than the Final Scheduled Maturity Date, the Servicer shall be obligated to repurchase such Receivable pursuant to Section 3.08. In addition, in the event that any such rescheduling or extension of a Receivable modifies the terms of such Receivable in such a manner as to constitute a cancellation of such Receivable and the creation of a new motor vehicle receivable (including automobiles and light-duty trucks) that results in a deemed exchange thereof within the meaning of Section 1001 of the Code, the Servicer shall purchase such Receivable pursuant to Section 3.08, and the receivable created shall not be included in Collateral held by the Issuer. Notwithstanding the foregoing, extensions or modifications of the payment schedule of a Receivable can be made only in accordance with the customary servicing procedures of the Servicer, provided that the amount of any extension fee charged in connection with the extension of a Receivable is deposited into the Collection Account by the Servicer in accordance with Section 4.05(a). The Servicer may, in accordance with its customary servicing procedures, waive any prepayment charge, late payment charge or any other fees that may be collected in the ordinary course of servicing the Receivables.

  • Attorneys’ Fees and Cost of Collection In the event any suit, action or arbitration is filed by either party against the other to interpret or enforce any of the Transaction Documents, the unsuccessful party to such action agrees to pay to the prevailing party all costs and expenses, including attorneys’ fees incurred therein, including the same with respect to an appeal. The “prevailing party” shall be the party in whose favor a judgment is entered, regardless of whether judgment is entered on all claims asserted by such party and regardless of the amount of the judgment; or where, due to the assertion of counterclaims, judgments are entered in favor of and against both parties, then the arbitrator shall determine the “prevailing party” by taking into account the relative dollar amounts of the judgments or, if the judgments involve nonmonetary relief, the relative importance and value of such relief. Nothing herein shall restrict or impair an arbitrator’s or a court’s power to award fees and expenses for frivolous or bad faith pleading. If (i) the Note is placed in the hands of an attorney for collection or enforcement prior to commencing arbitration or legal proceedings, or is collected or enforced through any arbitration or legal proceeding, or Investor otherwise takes action to collect amounts due under the Note or to enforce the provisions of the Note, or (ii) there occurs any bankruptcy, reorganization, receivership of Company or other proceedings affecting Company’s creditors’ rights and involving a claim under the Note; then Company shall pay the costs incurred by Investor for such collection, enforcement or action or in connection with such bankruptcy, reorganization, receivership or other proceeding, including, without limitation, attorneys’ fees, expenses, deposition costs, and disbursements.

  • Total Servicing Fee; Payment of Certain Expenses by Servicer On each Distribution Date, the Servicer shall be entitled to receive out of the Collection Account the Base Servicing Fee and any Supplemental Servicing Fee for the related Collection Period (together, the “Servicing Fee”) pursuant to Section 5.7. The Servicer shall be required to pay all expenses incurred by it in connection with its activities under this Agreement (including taxes imposed on the Servicer, expenses incurred in connection with distributions and reports made by the Servicer to the Noteholders and all other fees and expenses of the Owner Trustee, the Trust Collateral Agent or the Trustee; provided, however, the Servicer shall not be required to pay taxes levied or assessed against the Trust or claims against the Trust in respect of indemnification unless such taxes and claims are expressly stated to be for the account of GM Financial). The Servicer shall be liable for the fees and expenses of the Owner Trustee, the Trust Collateral Agent, the Trustee, the Custodian and the Independent Accountants. Notwithstanding the foregoing, if the Servicer shall not be GM Financial, a successor to GM Financial as Servicer permitted by Section 9.3 shall not be liable for taxes levied or assessed against the Trust or claims against the Trust in respect of indemnification, or the fees and expenses referred to above.

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