This new cures delivered to herein are cumulative and are not exclusive of any almost every other remedies provided with law

Borrower agrees to expend in order to Lender reasonable attorneys’ charges and you may realistic judge expenses obtain when you look at the implementing Lender’s rights, energies and you will treatments below it Arrangement each other Loan Document

Section 7.03 Owed and you https://paydayloanalabama.com/five-points/ 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 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 out of Default hereunder and below people Note or below the Loan Data is considered to-be continuing until and up until waived in writing because of the Financial, since given in the Section seven

Section 7.05 Standard Price. 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 Arrangement. 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 affected relative to this post VIII will getting joining up on Financial and you may Borrower; and you may Lender’s incapacity to insist upon the rigid results of every title, position or other supply with the Agreement, the latest Notice otherwise the Mortgage Documents, or even to exercise people best otherwise answer hereunder otherwise thereunder, shall perhaps not compensate an effective waiver from the Lender of every for example identity, updates or any other provision or Default otherwise Event away from Standard for the union therewith, neither shall one or limited do it of any such as for instance best otherwise answer prevent almost every other otherwise upcoming do so, or perhaps the take action of every other best otherwise option; and you may one waiver of any for example term, standing and other provision or of any particularly Default or Knowledge out-of Default shall not apply to or transform so it Contract, this new Notice or any of the Loan Data files, and each and every title, standing and other provision on the Contract, the newest Mention together with Loan Files will, in such enjoy, remain entirely push and you may perception and you will can be operative having esteem to any almost every other up coming current otherwise next Standard otherwise Experiences out of Default from inside the partnership therewith. 02.