Borrower believes to spend in order to Bank realistic attorneys’ costs and you will sensible courtroom costs sustained within the implementing Lender’s liberties, vitality and you may cures lower than which Contract and each most other Financing Document
Section 7.03 Owed 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 regarding Standard hereunder and you will less than one Mention otherwise not as much as all Financing Data files should be considered to get continued until and you may up to waived written down from the Bank, once the considering in the Point seven
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 effected relative to this short article VIII will be joining upon Financial and you can Borrower; and you will Lender’s failure so you can insist upon the newest strict show of any term, position or other provision of the Contract, the Mention or any of the Loan Files, or even to get it done people proper otherwise answer hereunder or thereunder, will maybe not compensate an effective waiver by Lender of every eg term, standing and other supply otherwise Standard otherwise Experience regarding Default in connection therewith, neither will a single otherwise limited do so of any like right otherwise answer prevent virtually any otherwise future get it done, or even the take action of any almost every other proper otherwise remedy; and you can any waiver of any such as name, reputation or other supply otherwise of any such as Standard otherwise Experiences away from Standard should not apply to otherwise alter it Agreement, brand new Notice or some of the Mortgage Data, and each and every title, updates and other provision of the Agreement, the fresh new Mention and the Financing Records shall, this kind of experiences, continue entirely push and you Atmore loans may impression and you may shall be operative which have admiration to any almost every other up coming present otherwise further Standard otherwise Experiences out-of Default inside the connection therewith. 02.