The newest cures provided for herein try collective and therefore are maybe not personal of any other cures provided by law
Debtor agrees to invest in order to Lender sensible attorneys’ costs and you can practical legal costs obtain inside enforcing Lender’s liberties, powers and you may cures below which Agreement each other Financing Document
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 regarding Default hereunder and you may not as much as one Mention or around the Financing Files can be deemed to be continuous until and you can until waived on paper by Bank, just like the offered inside Part 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 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 effected according to this short article VIII will be binding up on Lender and you may Borrower; and you can Lender’s inability in order to insist on brand new rigorous performance of any identity, reputation and other supply regarding the Agreement, the Mention or any of the Loan Records, or to do so people best otherwise option hereunder or thereunder, will maybe not make-up a beneficial waiver from the Financial of any eg identity, standing or any other supply otherwise Standard otherwise Experience out of Default in relationship therewith, neither will one or partial get it done of every for example right or option preclude any kind of or future get it done, or even the take action of any almost every other right or solution; and people waiver of any like name, condition and other supply otherwise of any such as for example Default or Enjoy away from Standard shall not apply to otherwise transform which Agreement, this new Notice or some of the Financing Documents, and each and every identity, standing and other supply associated with the Agreement, this new Mention plus the Financing Data shall, such feel, keep in full push and you may perception and payday loan Pike Road you may might be medical that have esteem to the most other upcoming established otherwise further Standard or Knowledge out-of Default in the partnership therewith. 02.
