Common use of INTEREST AND COLLECTION FEES Clause in Contracts

INTEREST AND COLLECTION FEES. A. Any exhibitor that does not meet all financial obligations when due will be responsible for all outstanding debts, interest at one and one-half percent (1.5%) per month, and any fees (including attorney’s fees and/or collection fees of not less than 33.3% of the unpaid principal and interest) and expenses Show Management incurs to recover the debt. B. There will be a $25 charge for all returned checks. C. If the above interest amount, attorney’s fees and/or collection fees, and returned check fees exceed the limits allowed by applicable laws, then the maximum interest and such fees as allowed by such laws shall be paid to AWFS by the Exhibitor.

Appears in 8 contracts

Samples: Exhibit Space Rental Agreement, Exhibit Space Rental Agreement, Exhibit Space Rental Agreement

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