Borrower agrees to spend so you can Bank reasonable attorneys’ charge and reasonable court expenses incurred when you look at the enforcing Lender’s rights, energies and you will treatments around it Agreement and each almost every other Financing File

Section 7.03 Owed 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 loans Hodges AL 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 Standard hereunder and around any Notice otherwise below all Financing Files can be considered to-be continuing unless of course and you will up until waived on paper of the Lender, due to the fact considering inside 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 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 otherwise waiver effected according to this article VIII should be binding upon Financial and you will Debtor; and you may Lender’s inability to help you require the newest rigorous efficiency of any identity, reputation or other supply for the Arrangement, the latest Mention otherwise any of the Mortgage Files, or even to get it done people right or option hereunder otherwise thereunder, shall not constitute a waiver from the Bank of any such as for example label, position or any other provision or Default otherwise Experiences of Standard during the partnership therewith, neither shall a single or limited do it of any eg correct or remedy prevent all other otherwise upcoming do so, and/or do it of every other best or solution; and you may one waiver of every including name, standing or any other provision or of every including Default otherwise Experience regarding Standard will maybe not affect or change which Contract, the new Mention otherwise any of the Loan Data, and each and every title, reputation or other provision regarding the Agreement, the Mention and also the Loan Records shall, in such experience, remain in full force and impact and you will might be operative with respect to any almost every other up coming established otherwise next Standard otherwise Event off Standard into the relationship therewith. 02.