Debtor agrees to expend so you can Financial sensible attorneys’ charges and you can realistic legal expenditures sustained when you look at the implementing Lender’s legal rights, energies and you will treatments below that it Agreement and each most other Mortgage Document
Section 7.03 Owed 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 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 not as much as people Mention or less than some of the Loan Records is going to be considered become carried on until and you can up to waived in writing by Lender, due to the fact given during the Point 7
Section 7.05 Standard 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 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 small loans in Irondale for the purpose, for which it is given.
Section 8.02 Waivers, endment or waiver affected in line with this post VIII should feel joining through to Bank and you can Borrower; and you will Lender’s inability to insist on the fresh rigorous abilities of every label, condition or any other provision for the Arrangement, the Note otherwise all Loan Records, or even do it people best or answer hereunder otherwise thereunder, should perhaps not compensate a waiver because of the Financial of any such as term, standing or any other supply or Default or Enjoy of Standard during the union therewith, nor should just one or limited do it of any eg right otherwise answer prevent any kind of otherwise coming do it, and/or do it of any other proper otherwise remedy; and you will one waiver of any eg identity, position or any other provision or of every instance Standard otherwise Experiences of Standard shall perhaps not affect otherwise transform it Arrangement, this new Notice or any of the Financing Documents, and every name, status or any other provision of Agreement, the latest Note while the Financing Data files will, this kind of experience, keep entirely force and you will perception and you will will likely be medical that have value to almost any most other upcoming current or then Default otherwise Experiences out of Standard in partnership therewith. 02.