Loan Amount php 6000 Loan Term 125 days Release Date

18. TERMINATION
Not with standing anything to the contrary herein, the LENDER may at any time terminate this
Agreement without prior notice to the BORROWER to the extent not contrary to applicable laws.
All monies owing hereunder including all fees and charges shall immediately become due and
demandable upon demand.
19. ASSIGNMENT
This Agreement shall be binding upon the BORROWER, its successors and permitted assigns
and shall inure to the benefit of the LENDER, its successors and assigns. The BORROWER
cannot assign or transfer its rights or obligations under this Agreement without the prior written
consent of the LENDER. The LENDER may, at any time even without the consent of the
BORROWER, assign or transfer its rights or obligations under this Agreement, in whole or in
part, to any of its Affiliates or Subsidiaries, or to any third parties. As such, the BORROWER
acknowledges and authorizes the LENDER or any of its assignee/s or the latter’s representatives
to sign any letters, receive notices and keep notifications on behalf of the BORROWER. The
BORROWER shall be deemed to be duly notified on such assignment and the LENDER or any
of its assignee/s or the latter’s representatives shall be obliged to give such letters, notices and
notifications to the BORROWER upon request of the latter.
20. ENTIRE AGREEMENT
This Agreement executed hereafter pursuant to the same, constitutes the entire understanding
between the parties in respect of the matters dealt with therein and the terms and conditions
hereof may only be modified, altered or amended with the prior written consent of the party of or
parties against whom, such modification, alteration, or amendment shall take effect.
21. AMENDMENT
The LENDER may, at any time upon notice, whether in writing or verbal, to the BORROWER,
change or amend the terms and conditions of this Agreement. Such change/s or amendment/s
shall take effect from the date as stated in the notice. If the BORROWER is not agreeable to
such change/s or amendment/s, this Agreement shall be deemed terminated, thus Section 16
hereof shall apply.