Examples of Administrative Charges in a sentence
Administrative Charges and Interest will be charged in accordance with the terms of this Agreement.
The Council’s rights to repayment and to be paid interest and Administrative Charges under this Agreement are to be secured by a legal charge over the Property.
OR You have agreed that any Administrative Charges will be added to the amount of the Debt and will be subject to the addition of Interest.
Your choice of how the Administrative Charges will be paid is recorded at Schedule 1.
The Administrative Charges you have to pay are in relation to ascertaining the ownership and value of the Property, registration of the legal charge, perfection of the security, discharging the security and for the purpose of ensuring compliance with the Agreement will be the actual costs incurred, and any other costs you have to pay will be the average cost to the Council incurred in relation to deferred payment agreements generally.