Borrower agrees to expend to Bank practical attorneys’ fees and you will realistic legal expenses incurred inside enforcing Lender’s legal rights, vitality and remedies below so it Contract and every almost every 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.

An event away from Default hereunder and below people Notice otherwise around all Financing Data files are going to be deemed is continuous unless of course and you will up to waived written down by Lender, since the given from inside the Area 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 Whole 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 effected according to this article VIII should be binding upon Lender and Borrower; and Lender’s failure so you can require brand new strict efficiency of every label, reputation and other provision of the Contract, the brand new Mention or any of the Mortgage Files, or perhaps to get it done one proper otherwise option hereunder or thereunder, should maybe not constitute an excellent waiver because of the Bank of any like title, status and other provision or Default or Event from Default in the union therewith, nor should a single or limited do so of every including proper or answer preclude some other otherwise future do so, or even the do it of any almost every other proper or answer; and you may one waiver of every such title, standing or any other provision or of any for example Standard otherwise Experiences from Standard shall not apply to otherwise transform which Arrangement, the brand new Notice otherwise the Mortgage Files, and each and every name, updates or other supply of Contract, brand new Mention together with Mortgage Files shall, in such experience, remain completely push and you will impression and you may is going pop over to this web-site to be medical with regard to your most other upcoming current otherwise then Default otherwise Experience of Default inside the union therewith. 02.