In the event that the Parent/s and/or Legal Guardian/s fail to effect payment of any account on its due date, or in the event of a breach of a material term of the agreement herein, which breach the Parent/s and/or Legal Guardian/s were requested to remedy within 7 (seven) days from notification thereof and have failed to remedy, acknowledge that:
57.1. The School may immediately terminate this agreement at its sole discretion;
57.2. In the event that the School elects not to terminate the agreement, it may require specific performance of the terms thereof;
57.3. Whether the agreement is terminated or enforced, the School will be entitled to claim any damages suffered as a result of the breach from the Parent/s and/or Legal Guardian/s;
57.4. In addition to its unpaid accounts, any damages, and any other amounts payable, the School at its sole discretion will also be entitled to levy interest up to the maximum permissible rate of interest for incidental credit prescribed from time to time in terms of the National Credit Act 34 of 2005. Parents further agree that a monthly administration levy of R125 will be levied when a parent pays the account after 7 days from the date payment was due. This administration levy will be added to any interest charges or other legal costs applicable to non or late payment of the account.
57.5. In the event that the School institutes legal action against the Parent/s and/or Legal Guardian/s, the Parent/s and/or Legal Guardian/s herewith consent to:
57.5.1. to the payment of the School’s costs on an Attorney-and-Own Client tariff;
57.5.2. Collection commission to the extent permitted by National Credit Act, Act 34 of 2005 and the Law Society of the Northern Provinces;
57.5.3. Regardless of whether the agreement is cancelled or enforced, the School may at its sole discretion, refuse the Student entry to the School’s premises and access to
its classes, examinations and extramural activities until the breach has been remedied.