Cost of Collection or Delivery Sample Clauses

The 'Cost of Collection or Delivery' clause defines which party is responsible for paying expenses related to the collection or delivery of goods or services under a contract. Typically, this clause specifies whether the buyer or seller bears costs such as shipping, handling, or transportation fees, and may outline the circumstances under which these costs are incurred. By clearly allocating financial responsibility, the clause helps prevent disputes over unexpected charges and ensures both parties understand their obligations regarding logistics.
Cost of Collection or Delivery. In addition to the Supply Charges specified in the Quote, the Customer shall be liable for all Costs associated with collection or delivery of Sale Equipment, including but not limited to: (a) travel time charges from depot to depot, assessed according to time and distance involved; (b) shipping and transport charges for delivery and collection of Sale Equipment, and waiting times and delays caused by the Customer; (c) any Damage to the Sale Equipment during collection or delivery; (d) any mobilisation or de-mobilisation costs (including labour, travel and accommodation costs incurred by TEN); and (e) tolls, levies, or like charges paid or payable by TEN to any Government Body in relation to collection or delivery of the Sale Equipment.
Cost of Collection or Delivery. In addition to the Supply Charges specified in the Quote, the Customer shall be liable for all Costs associated with collection and delivery of Service Equipment and performance of the Required Services, including but not limited to: (a) travel time charges from depot to depot, assessed according to time and distance involved; (b) shipping and transport charges for delivery and collection of Service Equipment, and waiting times and delays caused by the Customer; (c) where a Quote contemplates that the Customer is responsible for collection or delivery of Service Equipment, any Damage to the Service Equipment during collection or delivery; (d) any mobilisation or de-mobilisation costs (including labour, travel and accommodation costs incurred by TEN);

Related to Cost of Collection or Delivery

  • Cost of Collection If default is made in the payment of this Note, Borrower shall pay the Holder hereof reasonable costs of collection, including reasonable attorneys' fees.

  • Delivery of Collections Subject to Section 2.9(d) hereof, the Borrower will deposit or cause to be deposited to the Collection Account promptly (but in no event later than two (2) Business Days after receipt) all Collections received by the Borrower in respect of the Loans or the Contracts.

  • Attorneys’ Fees and Cost of Collection In the event any suit, action or arbitration is filed by either party against the other to interpret or enforce any of the Transaction Documents, the unsuccessful party to such action agrees to pay to the prevailing party all costs and expenses, including attorneys’ fees incurred therein, including the same with respect to an appeal. The “prevailing party” shall be the party in whose favor a judgment is entered, regardless of whether judgment is entered on all claims asserted by such party and regardless of the amount of the judgment; or where, due to the assertion of counterclaims, judgments are entered in favor of and against both parties, then the arbitrator shall determine the “prevailing party” by taking into account the relative dollar amounts of the judgments or, if the judgments involve nonmonetary relief, the relative importance and value of such relief. Nothing herein shall restrict or impair an arbitrator’s or a court’s power to award fees and expenses for frivolous or bad faith pleading. If (i) the Note is placed in the hands of an attorney for collection or enforcement prior to commencing arbitration or legal proceedings, or is collected or enforced through any arbitration or legal proceeding, or Investor otherwise takes action to collect amounts due under the Note or to enforce the provisions of the Note, or (ii) there occurs any bankruptcy, reorganization, receivership of Company or other proceedings affecting Company’s creditors’ rights and involving a claim under the Note; then Company shall pay the costs incurred by Investor for such collection, enforcement or action or in connection with such bankruptcy, reorganization, receivership or other proceeding, including, without limitation, attorneys’ fees, expenses, deposition costs, and disbursements.

  • Costs of Collection In the event that after an Event of Default and during the continuance thereof: (a) the Note or any of the Loan Documents is placed in the hands of an attorney for collection or enforcement or is collected or enforced through any legal proceeding; (b) an attorney is retained to represent Lender in any bankruptcy, reorganization, receivership, or other proceedings affecting creditors’ rights and involving a claim under the Note or any of the Loan Documents or (c) an attorney is retained to protect or enforce the lien or any of the terms of this Agreement, the Pledge Agreement or any of the Loan Documents, then, in any such instance, Borrower shall pay to Lender all reasonable attorneys’ fees, costs and expenses actually incurred in connection therewith, including costs of appeal, together with interest on any judgment obtained by Lender at the Default Rate.

  • Application of Collections All collections for the Collection Period shall be applied by the Servicer as follows: (a) With respect to each Receivable (other than a Purchased Receivable or a Sold Receivable), payments by or on behalf of the Obligor, (other than Supplemental Servicing Fees with respect to such Receivable, to the extent collected) shall be applied to interest and principal in accordance with the Simple Interest Method. (b) All amounts collected that are payable to the Servicer as Supplemental Servicing Fees hereunder shall be deposited in the Collection Account and paid to the Servicer in accordance with Section 5.7(a).