Common use of Cost and Interest Clause in Contracts

Cost and Interest. 9.1 In the event of Little Darlings Educare Centre instructing an attorney to institute legal proceedings against the parent/s and/or guardian for breach of this agreement and/or performance of any terms of this agreement, the parent/s and/or guardian consent/s to an order on an attorney and own client basis in respect of the costs arising out of such legal proceedings. 9.2 The parent/s and/or guardian further consent/s to interest being charged on overdue amounts at the rate of 2% per month from due date.

Appears in 2 contracts

Sources: School Fee Agreement, School Fee Agreement