Borrower believes to spend so you can Lender sensible attorneys’ fees and you may realistic legal expenses incurred during the implementing Lender’s liberties, energies and treatments not as much as which Contract and every almost every other Financing File

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.

A meeting regarding Default hereunder and you may lower than one Mention or below any of the Mortgage Records are going to be considered as persisted except if and you can until waived written down from the Lender, since provided from inside the Section seven

Section 7.05 Default Rate. 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 or waiver affected relative to this post VIII should feel binding abreast of Bank and you may Borrower; and you will Lender’s inability to require the brand new strict abilities of every term, reputation or any other provision from the Agreement, the newest Mention otherwise any of the Loan Documents, or to get it done people correct or solution hereunder otherwise thereunder, shall maybe not create an effective waiver by Bank of any such as for example personal loans in Cincinnati Ohio label, position or other supply otherwise Default or Event regarding Standard inside the union therewith, neither will a single or partial do so of any such as correct or option preclude any or future do so, or perhaps the do so of every most other correct or option; and you may people waiver of any for example name, updates or other provision otherwise of any for example Default otherwise Experiences out-of Standard will maybe not affect otherwise change it Arrangement, this new Notice otherwise the Loan Records, and each and every title, condition or any other supply from the Arrangement, new Mention and the Loan Files shall, in such feel, remain in full push and you will impression and you can will likely be surgical that have value to the most other following established otherwise next Standard or Experience out-of Default from inside the union therewith. 02.