Common use of PREJUDGEMENT INTEREST Clause in Contracts

PREJUDGEMENT INTEREST. If student violates this agreement and said violation results in a monetary loss to UNCW, then UNCW shall be entitled to prejudgment interest at the highest rate allowed by law, but in no event more than ten percent (10%) per annum, on the amount due UNCW, from the date UNCW mails its written list of damages to student.

PREJUDGEMENT INTEREST. If student Student violates this agreement and said violation results in a monetary loss to UNCW, then UNCW shall be entitled to prejudgment interest at the highest rate allowed by law, but in no event more than ten percent (10%) per annum, on the amount due UNCW, from the date UNCW mails its written list of damages to studentStudent.