Debtor believes to invest to Lender practical attorneys’ charges and practical judge costs incurred for the implementing Lender’s rights, powers and you can treatments lower than this Contract each almost every other Financing Document
Section 7.03 Owed and you can Payable. Upon the occurrence of any Event of Default which has not been waived in writing by Lender, Lender may, by notice to Borrower, declare all Obligations to be immediately due and payable, and any obligation of Lender to make any Loan Advance to Borrower shall thereupon immediately terminate. Upon such declaration, the Obligations shall become immediately due and payable, both as to principal and interest, without presentment, demand, protest or notice of any kind, all of which are hereby expressly waived, anything contained herein or in the Note or other evidence of such Obligations to the contrary notwithstanding, except with respect to any Event of Default set forth in Section 7.01(d), in which case all Obligations shall automatically become immediately due and payable without the necessity of any notice or other demand, and any obligation of Lender to make any Loan Advance to Borrower shall immediately terminate. Lender e and exercise any or all of the rights, powers and remedies possessed by Lender, whether under this Agreement or any other Loan Document or afforded by applicable law.
A meeting off Default hereunder and significantly less than one Mention or under all Loan Records shall be considered to-be continuing except if and you can until waived on paper of the Bank, since the offered for the Part eight
Section 7.05 Standard Rate. Without regard to whether Lender has exercised any other rights or remedies hereunder, if an Event of Default shall have occurred and be continuing, the applicable Margin in respect of the Interest Rate under the Note shall be increased, to the extent permitted by law, as set forth in clauses (iii)(A) and (iii)(B), as applicable, of the definition of Margin.
Section 8.01 Entire Arrangement. This Agreement (including the Schedules and Exhibits hereto) constitutes the entire agreement of the parties hereto and supersedes any and all prior or contemporaneous agreements, written or oral, as to the matters contained herein, and no modification or waiver of any provision hereof or of the Note or any of the Loan Documents, nor consent to the departure by Borrower therefrom, shall be effective unless the same is in writing, and then such waiver or consent shall be effective only in the specific instance, and for the purpose, for which it is given.
Section 8.02 Waivers, endment or waiver affected prior to this particular article VIII will feel joining upon Financial and you may Debtor; and Lender’s incapacity so you’re able to require the strict show of every term, standing or other provision of Arrangement, the newest Mention or any of the Loan Records, or to exercise any best otherwise solution hereunder otherwise thereunder, will not compensate an excellent waiver of the Financial of any for example label, standing and other supply otherwise Standard or Knowledge off Default when you look at the commitment therewith, neither shall a single or limited exercise of every particularly right or solution prevent other or future get it done, https://paydayloanalabama.com/lincoln/ or even the take action of any most other right or remedy; and you can any waiver of any including title, reputation or any other supply otherwise of any including Default or Feel off Standard shall not apply at or alter so it Agreement, the brand new Notice otherwise all Loan Data, and every identity, standing or any other provision in the Arrangement, the newest Notice therefore the Financing Records shall, such skills, continue in full push and you can impact and you may is surgical which have respect to virtually any other up coming existing otherwise subsequent Standard or Skills away from Default in union therewith. 02.