Borrower believes to blow so you can Bank sensible attorneys’ fees and sensible judge costs sustained from inside the enforcing Lender’s legal rights, powers and treatments lower than that it Arrangement and each most other Financing File
Section 7.03 Owed and you will 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 of Default hereunder and you will under any Notice otherwise less than the Loan Documents will be considered become carried on unless of course and you may until waived in writing of the Bank, because given in Part seven
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 Entire 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 affected relative to this particular article VIII shall end up being binding on Bank and you will Debtor; and you will Lender’s failure in order to insist on the brand new rigid performance of every title, status or other supply associated with Agreement, the new Note otherwise some of the Loan Data, or perhaps to take action one right otherwise remedy hereunder otherwise thereunder, shall not form a great waiver of the Financial of any such as for instance title, condition or any other supply otherwise Default otherwise Experiences out of Standard in the relationship therewith, neither shall a single otherwise limited exercise of any such as for instance best or remedy prevent almost every other otherwise coming exercise, or the do so of any most other correct or solution; and one waiver of any instance name, status and other provision or of every like Standard otherwise Event from Default shall maybe not affect otherwise transform this Arrangement, brand new Mention or any of the Mortgage Files, and every title, reputation or other provision for the Agreement, this new Note together with Financing Records shall, in such feel, keep in full push and perception and you will might be surgical that have esteem to the most other upcoming existing otherwise after that Default otherwise Event out of Standard from inside the partnership therewith. 02.
