Brand new treatments sent to herein try collective and are maybe not private of every most other cures provided with legislation
Borrower agrees to pay so you’re able to Bank sensible attorneys’ charge and you will practical court expenditures sustained inside the enforcing Lender’s liberties, vitality and you will treatments not as much as so it Agreement each most other Financing File
Section 7.03 Due and you may 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 Standard hereunder and you will significantly less than one Mention or lower than all Loan Data shall be considered is carried on unless of course and you can up to waived on paper by Financial, given that provided for the Part eight
Section 7.05 Default Price. 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 Whole Contract. 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 effected relative to this informative article VIII will become joining up on Financial and you will Borrower; and you may Lender’s incapacity to insist upon the newest tight overall performance of any name, reputation or any other provision in the Arrangement, the Note otherwise the Loan Documents, or even do it one correct otherwise option hereunder or thereunder, should maybe not make-up a beneficial waiver of the Bank of any like name, status or other provision or Standard otherwise Feel out of Default in the partnership therewith, neither should one otherwise limited take action of every such as proper otherwise option prevent any otherwise future get it done, and/or exercise of every most other proper or option; and you can people waiver of every for example label, standing and other provision or of every like Default the weblink or Experiences of Default will perhaps not apply to otherwise alter it Arrangement, the brand new Note or the Mortgage Documents, and each title, standing and other supply for the Agreement, brand new Note as well as the Loan Data files will, such skills, remain completely force and you may feeling and you may shall be medical with regard to virtually any almost every other following established or subsequent Default or Experiences regarding Standard in connection therewith. 02.
