Test yourself

You will see a contract clause with missing words. You must choose the correct words from a list to complete the contract clause. TH S7
covenant; option; reasonable; provision; exercise; balance; constitute; event; payable; outstanding;

Acceleration: In the (1 p.) of Borrower's default in the performance of any (1 p.) or agreement contained in this Agreement, or any other agreement between Lender and Borrower, Lender may, at its (1 p.) , declare the entire unpaid (1 p.) of this Agreement and all other (1 p.) obligations due and (1 p.) immediately. Without limiting the foregoing, Borrower's failure to make any payment when due, or to provide Lender with any information or documentation required by this Agreement or any other agreement between Lender and Borrower, shall (1 p.) a default under this Agreement. Lender may (1 p.) its rights under this acceleration clause without notice or demand of any kind. Borrower agrees to pay all costs and expenses, including (1 p.) attorneys' fees, incurred by Lender in connection with the enforcement of this acceleration clause or any other (1 p.) of this Agreement or any other agreement between Lender and Borrower.