Common use of Liability for Costs of Collection Clause in Contracts

Liability for Costs of Collection. I am liable for payment upon demand of any obligation owed in any of my accounts or any deficiencies following a whole or partial liquidation, and I agree to satisfy any such demand or obligation. I agree to reimburse FBS and NFS for all reasonable costs and expenses incurred in the collection of any such obligations in any of my accounts, including, but not limited to, attorney’s fees.

Liability for Costs of Collection. I am liable for payment upon demand of any obligation owed in any of my accounts or any deficiencies following a whole or partial liquidation, and I agree to satisfy any such demand or obligation. I agree to reimburse FBS and NFS for all reasonable reason- able costs and expenses incurred in the collection of any such obligations in any of my accounts, including, but not limited to, attorney’s attorneys’ fees.