The latest treatments delivered to here are cumulative and tend to be maybe not private of any most other treatments provided with legislation

The latest treatments delivered to here are cumulative and tend to be maybe not private of any most other treatments provided with legislation

Debtor believes to blow in order to Bank practical attorneys’ charges and you will sensible legal expenditures incurred in enforcing Lender’s legal rights, vitality and you can remedies significantly less than which Agreement and every almost every other Financing Document

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Section 7.03 Due and Payable. Upon the occurrence of any Event of Default which has Owens Cross Roads loans 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 out of Standard hereunder and you will not as much as people Note or less than some of the Loan Data files can be considered to be continuous except if and you may up to waived on paper by the Lender, as considering for the Point 7

Section 7.05 Default 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 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 otherwise waiver effected according to this article VIII will be binding on Bank and you may Debtor; and you will Lender’s failure so you can require the fresh tight show of every name, position or any other provision regarding the Agreement, the fresh Mention otherwise some of the Loan Records, or even to do it people right or option hereunder otherwise thereunder, will maybe not constitute a good waiver by the Bank of any such as name, standing or any other supply otherwise Default or Event off Standard within the relationship therewith, nor shall a single otherwise limited do so of every like correct otherwise option prevent all other or upcoming do it, or perhaps the get it done of any most other correct or answer; and you can one waiver of any particularly label, position or other provision otherwise of any eg Standard otherwise Enjoy off Default shall not apply at otherwise change this Agreement, the newest Notice otherwise any of the Loan Data, and each name, reputation and other supply for the Arrangement, the Notice as well as the Loan Files should, such feel, continue entirely push and you may feeling and you can will be medical with regard to any most other following established or after that Default or Experiences from Default inside union therewith. 02.

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