Brand new cures sent to here was collective consequently they are maybe not private of every most other remedies provided with laws

Borrower agrees to invest so you can Lender reasonable attorneys’ charges and you will sensible legal costs incurred inside enforcing Lender’s legal rights, energies and you may treatments lower than this Agreement each most other Financing File

Section 7.03 Due and you will 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 regarding Default hereunder and you may under any Notice or lower than some of the Loan Files shall be deemed are continued unless of course and up to waived on paper from the Lender, because the considering http://www.paydayloanalabama.com/excel inside Area 7

Section 7.05 Standard Rates. 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 otherwise waiver affected in accordance with this particular article VIII will become binding on Financial and Debtor; and you can Lender’s failure to help you require the rigid overall performance of every name, status and other supply on the Arrangement, this new Notice or all Financing Data files, or to do it one proper or answer hereunder or thereunder, shall perhaps not compensate a waiver by Lender of every for example label, condition or any other supply otherwise Default or Event away from Default when you look at the connection therewith, neither should just one otherwise limited do it of any such as for example right or option prevent almost every other or upcoming get it done, or the take action of any other right or solution; and you can people waiver of any such as term, reputation or other supply or of any eg Standard or Experiences out-of Standard will not apply at or change so it Contract, brand new Note otherwise any of the Financing Data files, and each and every identity, position or any other supply on the Agreement, the brand new Note together with Loan Data files will, such enjoy, continue completely push and you may feeling and you may can be surgical that have admiration to any other after that present otherwise then Default otherwise Experience of Standard in connection therewith. 02.