The latest treatments delivered to here is actually cumulative and generally are perhaps not exclusive of any other remedies provided by legislation

The latest treatments delivered to here is actually cumulative and generally are perhaps not exclusive of any other remedies provided by legislation

Debtor agrees to invest so you can Lender reasonable attorneys’ costs and you may practical judge expenses incurred when you look at the implementing Lender’s legal rights, powers and you may treatments significantly less than which Arrangement and every other Loan Document

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Section 7.03 Due and 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 best personal loans in Louisiane banks 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 regarding Standard hereunder and you will significantly less than one Notice otherwise significantly less than the Mortgage Documents might be deemed to be carried on except if and you will up until waived in writing because of the Financial, while the provided in Area seven

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 or waiver effected in line with this article VIII should getting binding on Financial and you will Borrower; and you may Lender’s failure so you can insist upon this new rigid overall performance of any title, reputation and other provision regarding the Agreement, the latest Note otherwise the Loan Data files, or to do so people correct or remedy hereunder otherwise thereunder, will maybe not make-up an effective waiver because of the Financial of any like title, status or other supply or Default or Feel regarding Default for the connection therewith, neither shall one otherwise partial do so of every such as proper otherwise option preclude some other otherwise upcoming take action, or even the exercise of every almost every other proper otherwise option; and you can any waiver of every such as for example term, status and other provision otherwise of every for example Default or Feel out-of Standard will not apply at otherwise alter it Agreement, this new Notice or all Financing Files, and each and every title, standing or other provision of this Contract, the fresh new Mention plus the Loan Data files will, this kind of experience, remain completely push and you can effect and you can will likely be operative with admiration to the almost every other then existing or further Default or Experience out of Default for the commitment therewith. 02.

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