Debtor believes to blow to help you Financial practical attorneys’ costs and reasonable legal expenses obtain within the enforcing Lender’s rights, powers and remedies under which Contract and every 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 conference from Default hereunder and you can not as much as any Notice otherwise around any of the Loan Documents might be considered to be continued unless and payday loans Hayneville you can until waived in writing by the Financial, because considering during the Part eight
Section 7.05 Default Rate. 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 information VIII will be joining upon Bank and you may Debtor; and you will Lender’s failure so you’re able to insist on the new strict show of any identity, standing or any other supply from the Agreement, the Notice otherwise all Mortgage Documents, or even to do it people best otherwise remedy hereunder otherwise thereunder, will maybe not compose a good waiver from the Lender of any including title, updates or any other supply otherwise Default otherwise Event of Standard inside commitment therewith, nor should one or partial exercise of any for example right otherwise solution preclude all other or future get it done, or the exercise of every almost every other correct otherwise option; and you may any waiver of any such as for instance term, standing or other provision otherwise of any such as for example Standard otherwise Enjoy off Default should perhaps not apply at or change this Contract, the fresh Notice otherwise the Financing Records, and each and every label, condition and other supply on the Contract, new Note in addition to Mortgage Files will, in such feel, continue entirely push and effect and you may is going to be operative with esteem to almost any almost every other then established or after that Default or Knowledge out-of Standard during the commitment therewith. 02.
