Confession of Judgment. Borrower hereby irrevocably authorizes and empowers any attorney-at-law, including an attorney hired by Lender, to appear in any court of record and to confess judgment against Borrower for the unpaid amount of this Note as evidenced by an affidavit signed by an officer of Lender setting forth the amount then due, attorneys' fees plus costs of suit, and to release all errors, and waive all rights of appeal. If a copy of this Note, verified by an affidavit, shall have been filed in the proceeding, it will not be necessary to file the original as a warrant of attorney. Borrower waives the right to any stay of execution and the benefit of all exemption laws now or hereafter in effect. No single exercise of the foregoing warrant and power to confess judgment will be deemed to exhaust the power, whether or not any such exercise shall be held by any court to be invalid, voidable, or void; but the power will continue undiminished and may be exercised from time to time as Lender may elect until all amounts owing on this Note have been paid in full. Borrower waives any conflict of interest than an attorney hired by Lender may have in acting on behalf of Borrower in confessing judgment against Borrower while such attorney is retained by Lender. Borrower expressly consents to such attorney acting for Borrower in confessing judgment. DISHONORED ITEM FEE. Borrower will pay a fee to Lender of $15.00 if Borrower makes a payment on Borrower's loan and the check or preauthorized charge with which Borrower pays is later dishonored.
Appears in 5 contracts
Samples: Promissory Note (Empyrean Bioscience Inc), Promissory Note (Empyrean Bioscience Inc), Promissory Note (Empyrean Bioscience Inc)
Confession of Judgment. Borrower hereby irrevocably authorizes and empowers any attorney-at-law, including an attorney hired by Lender, to appear in any court of record and to confess judgment against Borrower for the unpaid amount of this Note as evidenced by an affidavit signed by an officer of Lender setting forth the amount then due, ; attorneys' ’ fees plus costs of suit, and to release all errors, and waive all rights of appeal. If a copy of this Note, verified by an affidavit, shall have been filed in the proceeding, it will not be necessary to file the original as a warrant of attorney. Borrower waives the right to any stay of execution and the benefit of all exemption laws now or hereafter in effect. No single exercise of the foregoing warrant and power to confess judgment will be deemed to exhaust the power, whether or not any such exercise shall be held by any court to be invalid, voidable, or void; but the power will continue undiminished and may be exercised from time to time as Lender may elect until all amounts owing on this Note have been paid in full. Borrower waives any conflict of interest than that an attorney hired by Lender may have in acting on behalf of Borrower in confessing judgment against Borrower while such attorney is retained by Lender. Borrower expressly consents to such attorney acting for Borrower in confessing judgment. DISHONORED ITEM FEE. Borrower will pay a fee to Lender of $15.00 20.00 if Borrower makes a payment on Borrower's ’s loan and the check or preauthorized charge with which Borrower pays is later dishonored.
Appears in 2 contracts
Samples: Business Loan Agreement (Amendment) (Pinnacle Data Systems Inc), Business Loan Agreement (Amendment) (Pinnacle Data Systems Inc)
Confession of Judgment. Borrower hereby irrevocably authorizes and empowers any attorney-at-law, including an attorney hired by Lender, law to appear in any court of record and to confess judgment against Borrower for the unpaid amount of this Note as evidenced by an affidavit signed by an officer of Lender setting forth the amount then due, attorneys' fees plus costs of suit, and to release all errors, and waive all rights of appeal. If a copy of this Note, verified by an affidavit, shall have been filed in the proceeding, it will not be necessary to file the original as a warrant of attorney. Borrower waives the right to any stay of execution and the benefit of all exemption laws now or hereafter in effect. No single exercise of the foregoing warrant and power to confess judgment will be deemed to exhaust the power, whether or not any such exercise shall be held by any court to be invalid, voidable, or void; but the power will continue undiminished and may be exercised from time to time as Lender may elect until all amounts owing on this Note have been paid in full. Borrower hereby waives and releases any conflict and all claims or causes of interest than an attorney hired by Lender may action which Borrower might have in acting on behalf of Borrower in confessing judgment against Borrower while such attorney is retained by Lender. Borrower expressly consents to such any attorney acting for Borrower in confessing judgment. DISHONORED ITEM FEE. Borrower will pay a fee to Lender under the terms of $15.00 if Borrower makes a payment on Borrower's loan and the check or preauthorized charge with authority which Borrower pays is later dishonoredhas granted herein arising out of or connected with the confession of judgement hereunder.
Appears in 2 contracts
Samples: Business Loan Agreement (Advanced Life Sciences Holdings, Inc.), Business Loan Agreement (Advanced Life Sciences Holdings, Inc.)
Confession of Judgment. Borrower Xxxxxxxx hereby irrevocably authorizes and empowers any attorney-at-law, including an attorney hired by LenderXxxxxx, to appear in any court of record and to confess judgment against Borrower Xxxxxxxx for the unpaid amount of this Note as evidenced by an affidavit signed by an officer of Lender setting forth the amount then due, plus attorneys' fees as provided in this Note, plus costs of suit, and to release all errors, and waive all rights of appeal. If a copy of this Note, verified by an affidavit, shall have been filed in the proceeding, it will not be necessary to file the original as a warrant of attorney. Borrower waives the right to any stay of execution and the benefit of all exemption laws now nor or hereafter in effect. No single exercise of the foregoing warrant and power to confess judgment will be deemed to exhaust the power, whether or not any such exercise shall be held by any court to be invalid, voidable, or void; but the power will continue undiminished and may be exercised from time to time as Lender may elect until all amounts owing on this Note have been paid in full. Borrower Xxxxxxxx waives any conflict of interest than that an attorney hired by Lender Xxxxxx may have in acting on behalf of Borrower Xxxxxxxx in confessing judgment against Borrower Xxxxxxxx while such attorney is retained by LenderXxxxxx. Borrower Xxxxxxxx expressly consents to such attorney acting for Borrower Xxxxxxxx in confessing judgment. DISHONORED ITEM FEE. Borrower will pay a fee to Lender of $15.00 20.00 if Borrower makes a payment on Borrower's loan and the check or preauthorized charge with which Borrower pays is later dishonored.
Appears in 2 contracts
Samples: Loan Agreement (First Southern Funding Inc), Loan Agreement (First Southern Funding Inc)
Confession of Judgment. Borrower hereby irrevocably authorizes and empowers any attorney-at-law, including an attorney hired by Lender, to appear in any court of record and to confess judgment against Borrower for the unpaid amount of this Note as evidenced by an affidavit signed by an officer of Lender setting forth the amount then due, attorneys' fees plus costs of suit, and to release all errors, and waive all rights of appeal. If a copy of this Note, verified by an affidavit, shall have been filed in the proceeding, it will not be necessary to file the original as a warrant of attorney. Borrower waives the right to any stay of execution and the benefit of all exemption laws now or hereafter in effect. No single exercise of the foregoing warrant and power to confess judgment will be deemed to exhaust the power, whether or not any such exercise shall be held by any court to be invalid, voidable, or void; but the power will continue undiminished and may be exercised from time to time as Lender may elect until all amounts owing on this Note have been paid in full. Borrower waives any conflict of interest than that an attorney hired by Lender may have in acting on behalf of Borrower in confessing judgment against Borrower while such attorney is retained by Lender. Borrower expressly consents to such attorney acting for Borrower in confessing judgment. DISHONORED ITEM FEE. Borrower will pay a fee to Lender of $15.00 if Borrower makes a payment on Borrower's loan and the check or preauthorized charge with which Borrower pays is later dishonored.
Appears in 2 contracts
Samples: Promissory Note (Empyrean Bioscience Inc), Promissory Note (Empyrean Bioscience Inc)
Confession of Judgment. Borrower Guarantor hereby irrevocably authorizes and empowers any attorney-at-law, including an attorney hired by Lender, to appear in any court of record and to confess judgment against Borrower Guarantor for the unpaid amount of this Note Guaranty as evidenced by an affidavit signed by an officer of Lender setting forth the amount then due, plus attorneys' fees as provided in this Guaranty, plus costs of suit, and to release all errors, and waive all rights of appeal. If a copy of this NoteGuaranty, verified by an affidavit, shall have been filed in the proceeding, it will not be necessary to file the original as a warrant of attorney. Borrower Guarantor waives the right to any stay of execution and the benefit of all exemption laws now or hereafter in effect. No single exercise of the foregoing warrant and power to confess judgment will be deemed to exhaust the power, whether or not any such exercise shall be held by any court to be invalid, voidable, or void; but the power will continue undiminished and may be exercised from time to time as Lender may elect until all amounts owing on this Note Guaranty have been paid in full. Borrower Guarantor waives any conflict of interest than that an attorney hired by Lender may have in acting on behalf of Borrower Guarantor in confessing judgment against Borrower Guarantor while such attorney is retained by Lender. Borrower Guarantor expressly consents to such attorney acting for Borrower Guarantor in confessing judgment. DISHONORED ITEM FEEMISCELLANEOUS PROVISIONS. Borrower will pay The following miscellaneous provisions are a fee to Lender part of $15.00 if Borrower makes a payment on Borrower's loan and the check or preauthorized charge with which Borrower pays is later dishonored.this Guaranty:
Appears in 1 contract
Confession of Judgment. Borrower hereby irrevocably authorizes and empowers any attorney-at-law, including an attorney hired by Lender, to appear in any court of record and to confess judgment against Borrower for the unpaid amount of this Note as evidenced by an affidavit signed by an officer of Lender setting forth the amount then due, attorneys' ’ fees plus costs of suit, and to release all errors, and waive all rights of appeal. If a copy of this Note, verified by an affidavit, shall have been filed in the proceeding, it will not be necessary to file the original as a warrant of attorney. Borrower waives the right to any stay of execution and the benefit of all exemption laws now or hereafter in effect. No single exercise of the foregoing warrant and power to confess judgment will be deemed to exhaust the power, whether or not any such exercise shall be held by any court to be invalid, voidable, or void; but the power will continue undiminished and may be exercised from time to time as Lender may elect until all amounts owing on this Note have been paid in full. Borrower waives any conflict of interest than that an attorney hired by Lender may have in acting on behalf of Borrower in confessing judgment against Borrower while such attorney is retained by Lender. Borrower expressly consents to such attorney acting for Borrower in confessing judgment. DISHONORED ITEM FEE. Borrower will pay a fee to Lender of $15.00 if Borrower makes a payment on Borrower's loan and the check or preauthorized charge with which Borrower pays is later dishonored.
Appears in 1 contract
Confession of Judgment. Borrower Guarantor hereby irrevocably authorizes authorized and empowers any attorney-at-law, including an attorney hired by LenderXxxxxx, to appear in any court of record and to confess judgment against Borrower Guarantor for the unpaid amount of this Note Guaranty as evidenced by an affidavit signed by an officer of Lender setting forth the amount then due, attorneys' ’ fees plus costs of suit, and to release all errors, and waive all rights of appeal. If a copy of this NoteGuaranty, verified by an affidavit, shall have been filed in the proceeding, it will not be necessary to file the original as a warrant of attorney. Borrower Guarantor waives the right to any stay of execution and the benefit of all exemption laws now or hereafter in effect. No single exercise of the foregoing warrant and power to confess judgment will be deemed to exhaust the power, whether or not any such exercise shall be held by any court to be invalid, voidable, or void; but the power will continue undiminished and may be exercised from time to time as Lender may elect until all amounts owing on this Note Guaranty have been paid in full. Borrower Guarantor waives any conflict of interest than that an attorney hired by Lender Xxxxxx may have in acting on behalf of Borrower Guarantor in confessing judgment against Borrower Guarantor while such attorney is retained by LenderXxxxxx. Borrower Guarantor expressly consents to such attorney acting for Borrower Guarantor in confessing judgment. DISHONORED ITEM FEEMISCELLANEOUS PROVISIONS. Borrower will pay The following miscellaneous provisions are a fee to Lender part of $15.00 if Borrower makes a payment on Borrower's loan and the check or preauthorized charge with which Borrower pays is later dishonored.this Guaranty:
Appears in 1 contract
Samples: Commercial Guaranty (Financial Gravity Companies, Inc.)
Confession of Judgment. Borrower hereby irrevocably authorizes and empowers the prothonotary or clerk or any attorney-at-law, including an attorney hired by Lender, to appear in of any court of record to waive the issuance and service of process and to appear for and confess judgment therein against Borrower and in favor of Bank or any subsequent holder hereof at any time, whether or not the indebtedness evidenced hereby has matured (by acceleration or otherwise), for the full amount of all Obligations due or that may become due, including but not limited to late charges and interest accrued at the rate provided herein. Such confession shall be with all costs of suit and an attorneys’ commission in an amount equal to all attorneys’ fees incurred but in no event less than the greater of ten percent (10%) of the full amount confessed hereunder or $1,000. Although Borrower agrees that the confession may include the amounts of the attorneys’ commission specified in the preceding sentence, Borrower reserves the right only to contest the collection by Bank of any unreasonable attorneys’ fees. The authority and power to appear for and confess judgment against Borrower for the unpaid amount of this Note as evidenced by an affidavit signed by an officer of Lender setting forth the amount then due, attorneys' fees plus costs of suit, and to release all errors, and waive all rights of appeal. If a copy of this Note, verified by an affidavit, shall have been filed in the proceeding, it will not be necessary to file exhausted by the original as a warrant of attorney. Borrower waives the right to any stay of execution initial exercise thereof and the benefit of all exemption laws now or hereafter in effect. No single exercise of the foregoing warrant and power to confess judgment will be deemed to exhaust the power, whether or not any such exercise shall be held by any court to be invalid, voidable, or void; but the power will continue undiminished and same may be exercised from time to time time, as Lender may elect until all amounts owing on often as Bank shall deem necessary and desirable, and a copy of this Note have been paid Agreement shall be sufficient warrant. Bank may, in fullits sole discretion, exercise the authority contained herein against Borrower. Such confession shall be with or without declaration or complaint filed, with release of errors, without stay of execution, and Borrower waives the right of inquisition on any conflict real estate levied upon pursuant to the provisions hereof, and does hereby voluntarily condemn same and authorizes the prothonotary to enter upon the writ of interest than an attorney hired by Lender execution a voluntary condemnation, and further agrees that the real estate may have be sold on a writ of execution with a waiver and release of all relief from all appraisement, stay or exemption laws or rules of court, now in acting on behalf of Borrower in confessing judgment against Borrower while such attorney is retained by Lender. Borrower expressly consents to such attorney acting for Borrower in confessing judgment. DISHONORED ITEM FEE. Borrower will pay a fee to Lender of $15.00 if Borrower makes a payment on Borrower's loan and the check force or preauthorized charge with which Borrower pays is later dishonoredhereafter enacted or adopted.
Appears in 1 contract
Samples: Business Line of Credit Loan Agreement (Avangard Capital Group, Inc)
Confession of Judgment. Borrower hereby irrevocably authorizes and empowers any attorney-at-law, including an attorney hired by Lender, to appear in any court of record and to confess judgment against Borrower for the unpaid amount of this Note as evidenced by an affidavit signed by an officer of Lender setting forth the amount then due, plus attorneys' fees as provided in this Note plus costs of suit, and to release all errors, and waive all rights of appeal. If a copy of this Note, verified by an affidavit, shall have been filed in the proceeding, it will not be necessary to file the original as a warrant of attorney. Borrower waives the right to any stay of execution and the benefit of all exemption laws now or hereafter in effect. No single exercise of the foregoing warrant and power to confess judgment will be deemed to exhaust the power, whether or not any such exercise shall be held by any court to be invalid, voidable, or void; but the power will continue undiminished and may be exercised from time to time as Lender may elect until all amounts owing on this Note have been paid in full. Borrower waives any conflict of interest than that an attorney hired by Lender may have in acting on behalf of Borrower in confessing judgment against Borrower while such attorney is retained by Lender. Borrower expressly consents to such attorney acting for Borrower in confessing judgment. DISHONORED ITEM FEE. Borrower will pay a fee to Lender of $15.00 23.00 if Borrower makes a payment on Borrower's loan and the check or preauthorized charge with which Borrower pays is later dishonored.
Appears in 1 contract
Samples: Business Loan Agreement (Bristol Retail Solutions Inc)
Confession of Judgment. Borrower hereby irrevocably authorizes and empowers any attorney-at-law, including an attorney hired by Lender, to appear in any court of record and to confess judgment against Borrower for the unpaid amount of this Note as evidenced by an affidavit signed by an officer of Lender setting forth the amount then due, plus attorneys' fees as provided in this Note, plus costs of suit, and to release all errors, and waive all rights of appeal. If a copy of this Note, verified by an affidavit, shall have been filed in the proceeding, it will not be necessary to file the original as a warrant of attorney. Borrower waives the right to any stay of execution and the benefit of all exemption laws now or hereafter in effect. No single exercise of the foregoing warrant and power to confess judgment will be deemed to exhaust the power, whether or not any such exercise shall be held by any court to be invalid, voidable, or void; but the power will continue undiminished and may be exercised from time to time as Lender may elect until all amounts owing on this Note have been paid in full. Borrower waives any conflict of interest than that an attorney hired by Lender may have in acting on behalf of Borrower in confessing judgment against Borrower while such attorney is retained by Lender. Borrower expressly consents to such attorney acting for Borrower in confessing judgment. DISHONORED ITEM FEE. Borrower will pay a fee to Lender of $15.00 22.00 if Borrower makes a payment on Borrower's loan and the check or preauthorized charge with which Borrower pays is later dishonored.
Appears in 1 contract
Samples: Loan Agreement (RVM Industries Inc)
Confession of Judgment. Borrower hereby irrevocably authorizes and empowers any attorney-at-law, including an attorney hired by Lender, law to appear in any court of record and to confess judgment against Borrower for the unpaid amount of this Note as evidenced by an affidavit signed by an officer of Lender setting forth the amount then due, attorneys' fees plus costs of suit, and to release all errors, and waive all rights of appeal. If a copy of this Note, verified by an affidavit, shall have been filed in the proceeding, it will not be necessary to file the original as a warrant of attorney. Borrower waives the right to any stay of execution and the benefit of all exemption laws now or hereafter in effect. No single exercise of the foregoing warrant and power to confess judgment will be deemed to exhaust the power, whether or not any such exercise shall be held by any an court to be invalid, voidable, or void; but the power will continue undiminished and may be exercised from time to time as Lender may elect until all amounts owing on this Note have been paid in full. Borrower hereby waives and releases any conflict and all claims or causes of interest than an attorney hired by Lender may action which Borrower might have in acting on behalf of Borrower in confessing judgment against Borrower while such attorney is retained by Lender. Borrower expressly consents to such any attorney acting for under the terms of authority which Borrower in confessing judgmenthas granted herein arising out of or connected with the confession of judgment hereunder. DISHONORED ITEM FEE. Borrower will pay a fee to Lender of $15.00 25.00 if Borrower makes a payment on Borrower's loan and the check or preauthorized charge with which Borrower pays is later dishonored.
Appears in 1 contract
Samples: Corporate Resolution (Abidon Inc)
Confession of Judgment. Borrower hereby Borrxxxx xxxeby irrevocably authorizes and empowers any attorney-at-law, including an attorney hired by LenderLendxx, to xx appear in In any court of record and to confess judgment against Borrower for Borrxxxx xxx the unpaid amount of this Note as evidenced by an affidavit signed by an officer of Lender setting forth the amount then due, plus attorneys' fees as provided in this Note, plus costs of suit, and to release all errors, and waive all rights of appeal. If if a copy of this Note, verified by an affidavit, shall have been filed in the proceeding, it will not be necessary to file the original as a warrant of attorney. Borrower waives the right to any stay of execution and the benefit of all exemption laws now or hereafter in effect. No single exercise of the foregoing warrant and power to confess judgment will be deemed to exhaust the power, whether or not any such exercise shall be held by any court to be invalid, voidable, or void; but the power will continue undiminished and may be exercised from time to time as Lender may elect until all amounts owing on this Note have been paid in In full. Borrower waives Borrxxxx xxxves any conflict of interest than that an attorney hired by Lender may Lendxx xxx have in acting on behalf of Borrower in Borrxxxx xx confessing judgment against Borrower while Borrxxxx xxxle such attorney is retained by LenderLendxx. Borrower expressly Xxrrxxxx xxxressly consents to such attorney acting for Borrower in In confessing judgment. DISHONORED ITEM FEE. Borrower will pay a fee to Lender of $15.00 if Borrower makes a payment on Borrower's loan and the check or preauthorized charge with which Borrower pays is later dishonored.
Appears in 1 contract
Confession of Judgment. Borrower hereby irrevocably authorizes and empowers any attorney-at-law, including an attorney hired by Lender, to appear in any court of record and to confess judgment against Borrower for the unpaid amount of this Note as evidenced by an affidavit signed by an officer of Lender setting forth the amount then due, attorneys' ’ fees plus costs of suit, and to release all errors, and waive all rights of appeal. If a copy of this Note, verified by an affidavit, shall have been filed in the proceeding, it will not be necessary to file the original as a warrant of attorney. Borrower waives the right to any stay of execution and the benefit of all exemption laws now or hereafter in effect. No single exercise of the foregoing warrant and power to confess judgment will be deemed to exhaust the power, whether or not any such exercise shall be held by any court to be invalid, voidable, or void; but the power will continue undiminished and may be exercised from time to time as Lender may elect until all amounts owing on this Note have been paid in full. Borrower waives any conflict of interest than that an attorney hired by Lender may have in acting on behalf of Borrower in confessing judgment against Borrower while such attorney is retained by Lender. Borrower expressly consents to such attorney acting for Borrower in confessing judgment. DISHONORED ITEM FEE. Borrower will pay a fee to Lender of $15.00 20.00 if Borrower makes a payment on Borrower's ’s loan and the check or preauthorized charge with which Borrower pays is later dishonored.
Appears in 1 contract
Samples: Business Loan Agreement (Amendment) (Pinnacle Data Systems Inc)