c. Global Agreement. This Agreement constitutes the entire agreement and understanding between the Parties with respect to the subject matter of the Contract. This Agreement supersedes all prior and simultaneous negotiations, undertakings, understandings and arrangements between the Parties that survive the performance and provision of this Agreement. It is not permitted that evidence of probation is contrary or varies with the terms of this agreement. a. Amendment. This agreement must not be modified under any circumstances unless it is signed by all parties. This Agreement binds all parties and their heirs, personal representatives, successors and addressees of the assignment. A. Principal Life Insurance Company („Lender“), has granted a loan („Loan“) in initial face value of TWO MILLION FIVE HUNDRED THOUSAND AND NO/$100 ($2,500,000) to the Borrower. d. Considerations.
This contract can be performed in any number of equivalents, each being an original and forming together the same agreement. Each consideration may be delivered in the form of a fax transmission, which is considered an original signature. 12. Wear and tear saving clause. Notwithstanding any provisions to the contrary contained elsewhere in this Agreement, the Borrower and the Agent agree that all agreements entered into between them under this Agreement and with respect to the Loan, whether existing or consequential and whether written or oral, are expressly limited, so that in no event or event, the amount paid or agreed is not paid. to the agent for the use, indulgence or retention of the money lent to the borrower, or for the performance or payment of any obligation or obligation included therein or included therein, exceed the maximum interest rate provided for by applicable law („maximum rate“). If, in any circumstances, the performance of any provision of this agreement at the time of the execution of these provisions involves exceeding the limit of validity prescribed by law, the obligation to be fulfilled will be automatically reduced to the limit of such validity and if ever the agent would receive from such circumstance something of value that, under the legislation in force, would be considered as interest and would exceed the maximum rate, such excessive interest applies to the reduction of the principal due in respect of the loan or to the other debt secured by the loan documents and not to the payment of interest, or if such excessive interest exceeds the outstanding principal balance of the loan and this other indebtedness, this excess is repaid to the borrower. All amounts paid or agreed to the agent for the use, indulgence or withholding of the loan and other debts of the borrower are amortized, proportional, allocated and distributed throughout the duration of this debt, to the extent permitted by the legislation in force, until full payment, so that the real interest rate resulting from all such debts is uniform throughout the term of the loan or the maximum rate does not exceed, if applicable, the total duration of the loan. The terms and provisions of this Section 12 shall apply to any other provision of this Agreement and to any other agreement between the borrower and the agent. .