This new treatments provided for here try collective and are usually not exclusive of every most other treatments provided with rules

Borrower agrees to spend so you can Lender reasonable attorneys’ costs and you may reasonable legal expenses sustained inside enforcing Lender’s legal rights, vitality and you will remedies lower than that it Contract and each other Financing Document

Section 7.03 Due and 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 https://paydayloanalabama.com/beatrice/ 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 off Default hereunder and you will around any Note otherwise significantly less than the Financing Documents shall be deemed to be continuous except if and you can until waived in writing of the Lender, because provided during 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 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 affected in line with this article VIII should become joining through to Bank and you will Borrower; and you may Lender’s inability to help you insist on new rigid show of any title, standing and other provision in the Contract, the brand new Mention otherwise any of the Loan Data, or even to take action one correct otherwise remedy hereunder or thereunder, shall perhaps not constitute a waiver by Financial of any eg term, updates or other supply otherwise Standard otherwise Experiences of Standard for the commitment therewith, nor should just one otherwise limited do so of any such as for instance right or solution prevent any or coming do so, and/or do it of any other correct otherwise option; and people waiver of any for example term, standing and other supply otherwise of every instance Default or Experiences off Standard should maybe not connect with otherwise alter which Arrangement, new Mention or all Financing Data, and every title, condition or any other supply of the Contract, the latest Mention additionally the Loan Data will, such skills, continue completely force and you will impression and you can can be medical having respect to the most other following present or next Standard otherwise Feel of Default within the partnership therewith. 02.