Borrower agrees to invest to help you Lender reasonable attorneys’ charge and you can practical legal costs incurred from inside the implementing Lender’s rights, efforts and treatments around so it Arrangement and every almost every other Financing Document

Section 7.03 Owed 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.

An event out-of Standard hereunder and you may significantly less than any Mention or significantly less than any of the Loan Records should be deemed to get continuing unless of course and you can up until waived in writing of the Lender, just like the offered during the Section 7

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 Whole 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 information VIII shall end up being binding upon Financial and you can Debtor; and you can Lender’s incapacity in order to require new strict abilities of any label paydayloanalabama.com/allgood, condition or any other supply regarding the Contract, the new Note or all Financing Records, or even take action any correct or option hereunder otherwise thereunder, should maybe not compensate an excellent waiver from the Bank of any such name, updates or any other provision or Default or Event out of Default for the partnership therewith, neither shall a single or limited do so of any including best or answer preclude various other otherwise coming get it done, and/or do it of every almost every other correct otherwise option; and you will any waiver of every such as for instance identity, status or any other supply otherwise of every like Standard otherwise Skills regarding Default will maybe not apply at or change it Agreement, the fresh new Notice or any of the Loan Records, and each identity, updates or other provision regarding the Arrangement, the fresh new Note therefore the Loan Data will, such experiences, continue completely force and you will perception and might be surgical with regard to almost any most other following existing or subsequent Default or Experiences from Default for the union therewith. 02.