Common use of Regulatory Restrictions Clause in Contracts

Regulatory Restrictions. Notwithstanding anything in this Agreement or the other Loan Documents to the contrary, in no event shall Lender be required to disburse, nor shall Borrower be entitled to demand that Lender disburse, all or any portion of the Loan if the amount of the Loan would, in Lender’s reasonable discretion, cause Lender to exceed the lending limit to a single borrower under any applicable state or federal law, regulation or ruling. If Lender determines, in its reasonable discretion, at any time (including after any portion or all of the Loan has been disbursed) that the transaction evidenced by this Agreement and the other Loan Documents violates such lending limit restriction, then Lender shall have the right to immediately reduce the amount of credit available under the Note to an amount that complies with the Lender’s understanding of what its loan limit is.

Regulatory Restrictions. Notwithstanding anything in this Agreement or the other Loan Documents to the contrary, in no event shall Lender Bank be required to disburse, nor shall Borrower Borrowers be entitled to demand that Lender Bank disburse, all or any portion of the Loan if the amount amounts of the Loan would, in LenderBank’s reasonable sole and absolute discretion, cause Lender Bank to exceed the lending limit to a single borrower under any applicable state or federal law, regulation or ruling. If Lender Bank determines, in its reasonable sole and absolute discretion, at any time (including after any portion or all of the Loan has been disbursed) that the transaction transactions evidenced by this Agreement and the other Loan Documents violates such lending limit restriction, then Lender Bank shall have the right to immediately reduce the amount of credit available under declare the Note to an amount that complies with be due and payable and shall thereafter have no further obligations to disburse any further proceeds of the Lender’s understanding of what its loan limit isLoan. In such event, Borrowers shall be required to immediately pay all outstanding Indebtedness and shall have no further rights and privileges under this Agreement and the other Loan Documents.

Regulatory Restrictions. Notwithstanding anything in this Agreement or the other Loan Documents to the contrary, in no event shall Lender Bank be required to disburse, nor shall Borrower Borrowers be entitled to demand that Lender Bank disburse, all or any portion of the Loan if the amount amounts of the Loan would, in LenderBank’s reasonable sole and absolute discretion, cause Lender Bank to exceed the 017104 000349 15171164.4 lending limit to a single borrower under any applicable state or federal law, regulation or ruling. If Lender Bank determines, in its reasonable sole and absolute discretion, at any time (including after any portion or all of the Loan has been disbursed) that the transaction transactions evidenced by this Agreement and the other Loan Documents violates such lending limit restriction, then Lender Bank shall have the right to immediately reduce the amount of credit available under declare the Note to an amount that complies with be due and payable and shall thereafter have no further obligations to disburse any further proceeds of the Lender’s understanding of what its loan limit isLoan. In such event, Borrowers shall be required to immediately pay all outstanding Indebtedness and shall have no further rights and privileges under this Agreement and the other Loan Documents.

Regulatory Restrictions. Notwithstanding anything in this Agreement or the other Loan Documents to the contrary, in no event shall Lender Bank be required to disburse, nor shall Borrower be entitled to demand that Lender Bank disburse, all or any portion of any of the Loan Loans if the amount amounts of the Loan Loans would, in Lender’s reasonable Bank's sole and absolute discretion, cause Lender Bank to exceed the lending limit to a single borrower under any applicable state or federal law, regulation or ruling. If Lender Bank determines, in its reasonable sole and absolute discretion, at any time (including after any portion or all of the Loan has Loans have been disbursed) that the transaction transactions evidenced by this Agreement and the other Loan Documents violates such lending limit restriction, then Lender Bank shall have the right to immediately reduce declare the amount Notes to be due and payable and shall thereafter have no further obligations to disburse any further proceeds of credit available the Loans. In such event, Borrower shall be required to immediately pay all outstanding Indebtedness under the Note to an amount that complies with Loans and shall have no further rights and privileges under this Agreement and the Lender’s understanding of what its loan limit isother Loan Documents.

Regulatory Restrictions. Notwithstanding anything in this Agreement or the other Loan Documents to the contrary, in no event shall Lender Bank be required to disburse, nor shall Borrower Borrowers be entitled to demand that Lender Bank disburse, all or any portion of any of the Loan Loans if the amount amounts of the Loan Loans would, in Lender’s reasonable Bank's sole and absolute discretion, cause Lender Bank to exceed the lending limit to a single borrower under any applicable state or federal law, regulation or ruling. If Lender Bank determines, in its reasonable sole and absolute discretion, at any time (including after any portion or all of the Loan has Loans have been disbursed) that the transaction transactions evidenced by this Agreement and the other Loan Documents violates such lending limit restriction, then Lender Bank shall have the right to immediately reduce declare the amount Notes to be due and payable and shall thereafter have no further obligations to disburse any further proceeds of credit available the Loans. In such event, Borrowers shall be required to immediately pay all outstanding Indebtedness and shall have no further rights and privileges under this Agreement and the Note to an amount that complies with the Lender’s understanding of what its loan limit isother Loan Documents.

Regulatory Restrictions. Notwithstanding anything in this Agreement or the other Loan Documents to the contrary, in no event shall Lender Bank be required to disburse, nor shall Borrower Borrowers be entitled to demand that Lender Bank disburse, all or any portion of the Loan if the amount amounts of the Loan would, in LenderBank’s reasonable sole and absolute discretion, cause Lender Bank to exceed the {PH005695.1} Addendum 2, Page1 lending limit to a single borrower under any applicable state or federal law, regulation or ruling. If Lender Bank determines, in its reasonable sole and absolute discretion, at any time (including after any portion or all of the Loan has been disbursed) that the transaction transactions evidenced by this Agreement and the other Loan Documents violates such lending limit restriction, then Lender Bank shall have the right to immediately reduce the amount of credit available under declare the Note to an amount that complies with be due and payable and shall thereafter have no further obligations to disburse any further proceeds of the Lender’s understanding of what its loan limit isLoan. In such event, Borrowers shall be required to immediately pay all outstanding Indebtedness and shall have no further rights and privileges under this Agreement and the other Loan Documents.

Regulatory Restrictions. Notwithstanding anything in this Agreement or the other Loan Documents to the contrary, in no event shall Lender Bank be required to disburse, nor shall Borrower be entitled to demand that Lender Bank disburse, all or any portion of any of the Loan Loans if the amount amounts of the Loan Loans would, in LenderBank’s reasonable sole and absolute discretion, cause Lender Bank to exceed the lending limit to a single borrower under any applicable state or federal law, regulation or ruling. If Lender Bank determines, in its reasonable sole and absolute discretion, at any time (including after any portion or all of the Loan has Loans have been disbursed) that the transaction transactions evidenced by this Agreement and the other Loan Documents violates such lending limit restriction, then Lender Bank shall have the right to immediately reduce declare the amount Notes to be due and payable and shall thereafter have no further obligations to disburse any further proceeds of credit available the Loans. In such event, Borrower shall be required to immediately pay all outstanding Indebtedness under the Note to an amount that complies with Loans and shall have no further rights and privileges under this Agreement and the Lender’s understanding of what its loan limit isother Loan Documents.

Regulatory Restrictions. Notwithstanding anything in this Agreement or the other Loan Documents to the contrary, in no event shall Lender be required to disburse, nor shall Borrower be entitled to demand that Lender disburse, all or any portion of the Loan if the amount of the Loan would, in Lender’s reasonable 's sole and absolute discretion, cause Lender to exceed the lending limit to a single borrower Borrower under any applicable state or federal law, regulation or ruling. If Lender determines, in its reasonable sole and absolute discretion, at any time (including after any portion or all of the any such Loan has been disbursed) that the transaction evidenced by this Agreement and the other Loan Documents violates such lending limit restriction, then the Lender shall have the right to immediately reduce declare the amount applicable Loan to be due and payable, and shall, thereafter, have no further obligations to disburse any further proceeds of credit available such Loan. In such event, Borrower shall be required to immediately pay all outstanding Obligations on such Loan and shall have no further rights and privileges under this Agreement and the Note other Loan Documents to an amount that complies with the Lender’s understanding of what its loan limit isobtain other or further advances on such Loan.