QUESTION

Can this statement be explained

Asked on Jan 10th, 2014 on Contracts - Florida
More details to this question:
Remedies of Borrower. Upon the occurrence of a Lender Default hereunder, the Instruments shall be immediately returned to the Borrower via, EUROCLEAR, DTCC or SWIFT MT 542 FREE OF PAYMENT. Neither failure nor delay on the part of the Borrower to exercise any right, power or privilege under this Agreement, any other Loan Document, applicable law or otherwise shall operate as a waiver thereof, nor shall any single or partial exercise of any such right, power or privilege preclude any other or further exercise thereof or the exercise of any other right, power or privilege.
Report Abuse

1 ANSWER

Consumer Debt Collector Harassment & Abuse Attorney serving Tampa, FL
2 Awards
If you have questions about the terms and conditions of a contract, this has to be made in relation to the entirety of the agreement. You will typically need to hire an attorney to help you with this. If you cant or choose not to hire a laywer, you should should truly not be entering into contracts that you dont actually understand. This is a receipe for disaster.
Answered on Jan 13th, 2014 at 5:19 PM

All responses are NOT to be considered legal advice nor to be relied upon in any as such nor to establish any form of attorney/client relationship. Opinions expressed are solely informational and not a substitute for proper legal advice provided by a properly retained after thoroughly researching the issues presented.

Report Abuse

Ask a Lawyer

Consumers can use this platform to pose legal questions to real lawyers and receive free insights.

Participating legal professionals get the opportunity to speak directly with people who may need their services, as well as enhance their standing in the Lawyers.com community.

0 out of 150 characters