Collection Costs

Example Definitions of "Collection Costs"
Collection Costs. Means reasonable costs related to recovery of unpaid payments of the Credit Balance following an Event of Default, including, but not limited to, administrative and attorney's fees that may be incurred by Lender and/or Lender's representatives in an effort to collect past due amounts owed to Lender.
Collection Costs. Professional fees and cost reimbursement obligations to attorneys and other professionals, court costs, filing fees, service or other process fees, garnishment fees and other out-of-pocket costs payable to third parties incurred by the Special Servicer in respect of or in connection with servicing the Split-Funded Notes Receivable
All Definitions