Credit Papers definition
Examples of Credit Papers in a sentence
The exercise of the privileges granted to Lender in this Section shall in no event be considered or constitute a cure of the default or a waiver of Lender's right at any time after an Event of Default to declare the Note to be at once due and payable, but is cumulative of such right and of all other rights given by this Agreement, the Note and the Credit Papers and of all rights given Lender by law.
It is the intent of the Borrowers and the Lender in the execution and performance of this Agreement and the other Credit Papers to contract in strict compliance with the usury laws of the State of Texas and the United States of America from time to time in effect.
Further, none of the transactions contemplated under this Agreement shall cause or constitute a violation of any of the provisions, rules, regulations or orders of or under the PUHC Act and the PUHC Act does not in any manner impair the legality, validity or enforceability of the Note, the liabilities of such Borrower under any of the Credit Papers or any Liens created under the Security Documents.
Neither the Agent nor any Lender has any duty or obligation to give Guarantor any notice of any kind under any circumstances whatsoever with respect to or in connection with the Guaranteed Debt or the Credit Papers except notices that are required by any applicable Law that also prohibits (or would sanction the Agent or the Lenders for) their waiver.
Punctually pay or cause to be paid when due the principal of, interest on and all other amounts now or hereafter owing under this Agreement, the Senior Credit Note and the other Credit Papers in accordance with their respective terms.
CONTRACTOR shall be compensated as follows: Total compensation shall not exceed $90,000.00.
The provisions of this Section are cumulative of the provisions relating to this subject matter in the other Credit Papers.
Lender's exercise of any right, benefit or privilege under any of the Credit Papers or any other papers or at law or in equity shall not preclude the concurrent or subsequent exercise of Lender's other present or future rights, benefits or privileges.
The Agent's or any Lenders' exercise of any right, benefit or privilege under any of the Credit Papers or any other papers or at law or in equity shall not preclude the concurrent or subsequent exercise of any of its other present or future rights, benefits or privileges.
No amendment, modification or waiver of any provision of any Credit Papers nor consent to any departure therefrom shall be effective unless it is in writing and signed by the Lender, and then such waiver or consent shall be effective only in the specific instance and for the specific purpose for which given.