Borrower believes to blow to Financial practical attorneys’ fees and you may reasonable court expenditures obtain from inside the implementing Lender’s rights, efforts and you will remedies below this Arrangement each most other Financing Document

Section 7.03 Owed and you 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 personal loans online Massachusetts 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 meeting from Default hereunder and below people Note otherwise less than the Financing Data would be deemed to-be carried on until and you may until waived on paper because of the Bank, due to the fact given 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 Whole Agreement. 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 relative to this information VIII shall be binding through to Lender and you may Debtor; and you can Lender’s failure in order to insist on the latest rigorous results of any label, condition or any other supply on the Agreement, this new Notice or any of the Financing Data files, or even exercise any right otherwise answer hereunder otherwise thereunder, will perhaps not compose an effective waiver from the Financial of any for example name, position or any other supply otherwise Standard otherwise Event off Default in union therewith, nor should an individual otherwise limited exercise of every instance correct or option preclude some other otherwise coming do it, or perhaps the take action of any most other proper otherwise remedy; and you can people waiver of any for example identity, condition and other supply otherwise of any such as for example Default otherwise Skills regarding Default should maybe not connect with otherwise change so it Agreement, new Note or all Loan Files, and each and every identity, status or any other provision of Contract, the fresh Notice plus the Loan Data files will, this kind of feel, keep in full force and you will perception and you will shall be surgical having respect to the almost every other up coming current or after that Default otherwise Experiences out of Standard into the union therewith. 02.