Borrower believes to blow in order to Lender realistic attorneys’ charges and you can reasonable court costs sustained in the enforcing Lender’s legal rights, efforts and you may remedies lower than so it Contract and every almost every 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 conference of Default hereunder and you may below any Notice otherwise under all Financing Documents might be considered are continuous unless of course and until waived on paper by Bank, as considering during the Point seven
Section 7.05 Standard Speed. 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 Agreement. 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 effected according to this post VIII should become joining up on Bank and you may Borrower; and you will Lender’s incapacity so you’re able to require brand new rigid performance of any identity, status or any other supply with the Contract, new Notice or some of the Mortgage Records, or to get it done people proper or remedy hereunder or thereunder, shall perhaps not comprise good waiver by Financial of every such as for instance identity, updates or any other supply otherwise Default otherwise Knowledge out-of Standard from inside the union therewith, neither should a single otherwise limited exercise of every eg best otherwise answer prevent any or upcoming do so, or the take action of any almost every other right or solution; and you may any waiver of every such as term, reputation and other supply otherwise of any eg Default or Knowledge out of Default should maybe not connect with otherwise changes so it Contract, new Note or some of the https://paydayloanalabama.com/geneva/ Mortgage Documents, and each name, reputation and other supply associated with Agreement, new Notice and Mortgage Records shall, such enjoy, keep in full push and you will impression and you will will likely be medical which have regard to virtually any most other up coming established otherwise next Standard otherwise Knowledge of Default inside partnership therewith. 02.