COLLECTION PROCEEDINGS Sample Clauses

COLLECTION PROCEEDINGS. Borrower shall, pursuant to the Servicing Agreement, undertake the diligent and timely collection of all amounts due under each Liberty Portfolio Timeshare Loan, and will bear the entire expense of such collection. Lender shall have no obligation to undertake any action to collect under any Liberty Portfolio Timeshare Loans. If Borrower shall fail promptly to pay in full, or replace any Liberty Portfolio Timeshare Loans which Borrower is obligated by the provisions of Sections 11.1 or 11.2 hereof to pay or replace, Lender may, at its option and without affecting any other right of Lender hereunder, take such measures as it shall deem appropriate to collect such Liberty Portfolio Timeshare Loans, including, as applicable, foreclosure of any Mortgage. Borrower agrees that it will be liable to Lender for any deficiency on any such Liberty Portfolio Timeshare Loans, and for any and all expenses, including, without limitation, reasonable attorneys’ fees, incurred by Lender in connection with any such action. Borrower agrees and acknowledges that Lender shall not be responsible to it for any action so taken or for failing to take any action in connection therewith, including, without limitation, the granting of any extensions of time, waivers or other indulgences or the compromise or reduction of any amounts due. Borrower may not terminate any Purchase Agreement or resell any Timeshare Interest financed by a Liberty Portfolio Timeshare Loan without Lender’s prior written consent.

COLLECTION PROCEEDINGS. WeBill retains the right to institute collection proceedings in a court of law of competent jurisdiction for matters involving outstanding payment.

COLLECTION PROCEEDINGS. Should my account become delinquent, I will be responsible for additional expenses to collect on my account, including reasonable legal fees, collection costs, and other expenses reasonably incurred.

COLLECTION PROCEEDINGS. The parties acknowledge and agree that this agreement contemplates work to be done by the Firm that requires substantial investment of Firm funds and time, that the decisions to undertake such work are highly subjective in nature and are made based upon the Firm’s investigation of the debtor’s financial position. For this reason the Firm retains the right to undertake or not undertake any and all collections proceedings as it deems financially viable based on the information developed during its investigation of the debtor. The Firm agrees, however, upon the separate written request of the Client, to provide reasonable verbal or email notification the Client prior to commencement of any particular post- judgment proceeding, e.g., real or personal property levy, garnishment, attachment, etc..

COLLECTION PROCEEDINGS. By signing below you acknowledge and understand that in the event your account is turned over to a collection agency for non-payment or other delinquency, you will be responsible for payment of any and all reasonable collection costs and/or attorney fees, in addition to the balance owed. All accounts turned over to a collection agency forfeits any past special fees and/or discounts. Such special fees and/or discounts will be reversed and you will be responsible for payment of regular fee for procedures at the time of service.

COLLECTION PROCEEDINGS. In the event it is necessary for Attorney to institute collection proceedings or litigation for the fees and expenses set forth herein, Client agrees to pay any and all legal fees and costs incurred by Attorney applicable thereto, whether or not a formal action is deemed necessary to be filed by Attorney's legal counsel.

COLLECTION PROCEEDINGS. To file any claims or take any action or institute any proceedings which the Secured Party may deem necessary or desirable for the collection of any of the Collateral or otherwise to enforce the rights of the Secured Party with respect to any of the Collateral.

COLLECTION PROCEEDINGS. In the event that the Owner fails to pay all amounts owed to OBC under this Agreement upon demand, OBC may take the following actions against the Owner: 1) demand an interest rate of 24% per annum, or the highest rate permitted by applicable law, on all past due amounts owing; 2) the Owner agrees to pay any and all costs incurred by OBC in seeking to collect such outstanding amounts, including but not limited to, actual legal fees, administrative fees, cost of recovery, insufficient funds fees and collection fees; 3) the Owner permits OBC, and its collection agents, to access any and all personal information provided by the Owner to OBC in an effort to collect any amounts owing under paragraph 18; and 4) OBC may report any deficiencies owed by the Owner to an appropriate credit reporting agency.

COLLECTION PROCEEDINGS. At or prior to the Closing, Ameritech shall cause APIL to assign all rights, claims, title and interest in and to all pending Collection Proceedings to APIL Partners or, if it is not possible to assign any such Collection Proceeding using commercially reasonable efforts, will hold such Collection Proceeding in trust and enforce it for the benefit of, and as reasonably directed by, Buyer.