Debtor agrees to expend to help you Bank reasonable attorneys’ charges and reasonable courtroom expenses incurred in the enforcing Lender’s rights, vitality and you can cures below which Arrangement and each most other Loan File
Section 7.03 Due 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 out-of Standard hereunder and significantly less than people Mention or under some of the Mortgage Documents would be considered to get continued unless of course and you can up until waived on paper from the Financial, as the provided in the Area seven
Section 7.05 Default 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 loans in Panola 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 in accordance with this short article VIII shall feel joining on Lender and you will Debtor; and Lender’s incapacity to help you insist upon this new tight results of any term, status and other supply in the Arrangement, the Note otherwise the Mortgage Data, or even to get it done one best or option hereunder otherwise thereunder, should not comprise a waiver by Lender of every such term, standing or any other supply or Standard or Event of Standard in relationship therewith, neither shall just one otherwise partial do so of every including proper otherwise remedy prevent various other or coming do it, and/or take action of any other correct or answer; and you may one waiver of every such label, position or any other supply or of any such as for instance Standard otherwise Feel off Default should perhaps not apply to otherwise transform that it Agreement, brand new Note or any of the Loan Records, and each name, reputation or any other supply of this Contract, the fresh Mention and Loan Files shall, in such experience, keep in full force and impression and you can will likely be surgical which have value to your other next current or subsequent Default or Enjoy regarding Default in the connection therewith. 02.
