Common use of Cost of Collection Clause in Contracts

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

Appears in 10 contracts

Sources: Secured Convertible Term Note (Return on Investment Corp), Secured Convertible Term Note (Thomas Equipment, Inc.), Secured Convertible Note (Return on Investment Corp)

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

Appears in 10 contracts

Sources: Secured Term Note (Thomas Equipment, Inc.), Secured Term Note (Thomas Equipment, Inc.), Secured Term Note (Thomas Equipment, Inc.)

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

Appears in 8 contracts

Sources: Subscription Agreement (Advanced Aerodynamics & Structures Inc/), Subscription Agreement (Advanced Aerodynamics & Structures Inc/), Subscription Agreement (Advanced Aerodynamics & Structures Inc/)

Cost of Collection. If default is made in the payment of this Note, each Borrower shall Borrowers, jointly and severally severally, shall pay the Holder hereof all reasonable costs of collection, including reasonable attorneys' fees’ fees and costs.

Appears in 1 contract

Sources: Secured Subordinated Convertible Note (Small World Kids Inc)

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

Appears in 1 contract

Sources: Secured Convertible Minimum Borrowing Note (Catalyst Lighting Group Inc)