The fresh new treatments taken to here is cumulative and are also not exclusive of any other cures provided with laws
Debtor agrees to invest so you’re able to Lender sensible attorneys’ fees and you can practical judge expenditures sustained in the implementing Lender’s liberties, vitality and remedies around which Agreement and every most other Mortgage 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.
A meeting of Standard hereunder and you will not as much as people Notice otherwise not as much as some of the Mortgage Files can be deemed as carried on unless loan places Evergreen and you may up until waived in writing of the Lender, while the provided in the Section eight
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 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 prior to this informative article VIII should getting binding abreast of Bank and you may Debtor; and you can Lender’s incapacity in order to insist on the newest rigorous performance of any identity, updates or any other provision from the Agreement, the brand new Notice or some of the Financing Records, or to exercise people right or solution hereunder otherwise thereunder, will maybe not constitute a great waiver of the Financial of any for example label, standing and other supply or Standard otherwise Experience out-of Standard into the union therewith, nor will a single otherwise limited take action of every particularly correct otherwise remedy preclude any other otherwise coming take action, and/or exercise of any other correct otherwise remedy; and you may any waiver of every for example term, position or any other supply or of any particularly Default otherwise Experiences from Default will not apply at otherwise transform it Arrangement, the Notice otherwise the Mortgage Data, and each term, position or any other supply associated with Arrangement, the brand new Note and Loan Records should, such experience, continue entirely push and effect and you will should be operative with respect to almost any other next established otherwise subsequent Standard or Skills of Default inside the commitment therewith. 02.
