Debtor agrees to invest to Financial sensible attorneys’ charge and you may practical judge costs sustained inside the enforcing Lender’s rights, efforts and you can remedies under so it Contract each most other Financing File
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.
An event away from Default hereunder and you can not as much as people Notice otherwise lower than all Loan Records are going to be considered to be proceeded unless of course and you may until waived in writing of the Lender, since the offered into the Point seven
Section 7.05 Default Speed. Without regard to whether Lender has exercised loan places Huntsville 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 Whole 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 otherwise waiver affected in line with this information VIII shall feel joining abreast of Financial and you may Borrower; and you can Lender’s incapacity so you’re able to require brand new tight abilities of any name, status or any other supply of this Contract, the new Mention or some of the Financing Documents, or perhaps to exercise any right or remedy hereunder or thereunder, should maybe not make-up an excellent waiver because of the Lender of any like label, reputation and other provision or Default otherwise Knowledge of Standard into the union therewith, neither shall just one or partial do so of any particularly correct otherwise option prevent any otherwise coming get it done, and/or exercise of any other best or remedy; and you will any waiver of every like name, position or other supply otherwise of any such as Default otherwise Experience of Standard shall not apply at or changes this Agreement, new Notice otherwise the Financing Data files, and each term, standing or any other supply regarding the Arrangement, new Notice and also the Loan Files should, in such knowledge, keep entirely force and you will impression and is surgical having regard to your other then established otherwise then Standard or Experience out of Standard inside the commitment therewith. 02.
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