Nautilus 2009 Annual Report Download - page 325
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Section 11.17 Standard for Discretion
. In the event this Agreement is silent on the standard for any consent, approval, determination,
or similar discretionary action by Lender, the standard shall be sole and unfettered discretion.
Section 11.18 Headings . The headings of the various provisions of this Agreement are for convenience of reference only, do not
constitute a part of this Agreement, and shall not affect the meaning or construction of any provision of this Agreement.
Section 11.19 Construction . In the event of any conflict between the terms, conditions, and provisions of this Agreement and those
of any other document or instrument referred to in this Agreement, the terms, conditions, and provisions of this Agreement shall control.
Section 11.20 Statutory Notice . UNDER WASHINGTON LAW, ORAL AGREEMENTS OR ORAL COMMITMENTS TO
LOAN MONEY, EXTEND CREDIT, OR TO FORBEAR FROM ENFORCING REPAYMENT OF A DEBT ARE NOT
ENFORCEABLE.
[Remainder of page intentionally left blank.]
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