Common use of Collection of Additional Fees Clause in Contracts

Collection of Additional Fees. The Service User acknowledges and agrees that, in the event that the Additional Fees owing by it are in default, CNAC has the right to assign its cause of action against the Service User to the B&C Agent. In such an event, the B&C Agent will have the authority to pursue any legal channels available to it to seek payment of the Additional Fees directly from the Service User.

Appears in 1 contract

Sources: Service User Agreement

Collection of Additional Fees. The Service User acknowledges and agrees that, in the event that any of the User Fees and/or the Additional Fees owing by it are in default, CNAC has the right to assign its cause of action against the Service User to the B&C Agent. In such an event, the B&C Agent will have the authority to pursue any legal channels available to it to seek payment of the User Fees and/or Additional Fees directly from the Service User.

Appears in 1 contract

Sources: Service User Agreement