Branch manager bmo
The reasonable expenses including any legal costs on a solicitor and client basis paid by BMO in respect of the foregoing shall be added to and become part of the Obligations and shall be secured by the Security. If BMO agrees to increase its Credit Commitment, then its Credit Commitment will be increased to the extent of such agreement in accordance with the provisions of this Section 2. Borrower breaches any terms, conditions or covenants of this Agreement or any other Credit Document in effect from time to time or any term of any other any document, agreement or instrument previously or hereafter entered into between Borrower and BMO or any Affiliate of BMO; or. Required Permits - means all authorizations, orders, permits, approvals, grants, licenses, consents, rights, franchises, privileges, certificates, judgments, writs, injunctions, awards, determinations, directions, decrees or demands or the like issued or granted by law or by rule or regulation of any Governmental Authority which are necessary at any given time for Borrower to own and operate its Property, assets, rights and interests or to carry on its business and affairs in accordance with prudent industry practice.
