Borrower agrees to pay so you’re able to Bank realistic attorneys’ charge and you will sensible courtroom expenses incurred from inside the enforcing Lender’s legal rights, vitality and treatments less than which Contract and each other Mortgage Document
Section 7.03 Due and you can 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 away from Standard hereunder and significantly less than any Notice otherwise below any of the Loan Data files is going to be deemed as proceeded except if and you americash loans Columbiana can until waived in writing by the Lender, because given when you look at the Point 7
Section 7.05 Standard 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 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 or waiver affected in accordance with this information VIII should end up being joining through to Lender and you will Debtor; and you can Lender’s inability in order to insist on brand new rigorous abilities of any title, reputation and other provision with the Contract, the new Notice otherwise any of the Loan Data files, or even to exercise one best or solution hereunder otherwise thereunder, shall perhaps not make up an excellent waiver from the Financial of any like name, condition and other supply or Default otherwise Event away from Default within the connection therewith, neither should an individual otherwise partial get it done of every for example correct or option prevent virtually any otherwise future do so, or perhaps the do it of any almost every other correct or option; and you can one waiver of any such as label, reputation and other supply or of any such as for example Default or Skills of Standard shall maybe not apply to or change so it Contract, the new Notice otherwise any of the Loan Files, and every label, standing or any other supply from the Arrangement, the newest Note as well as the Mortgage Data files shall, such event, remain entirely push and you can feeling and you can will be medical that have regard to almost any other following existing otherwise next Default otherwise Skills from Standard in the union therewith. 02.