Common use of Compliance with the Swiss Non-Bank Rules Clause in Contracts

Compliance with the Swiss Non-Bank Rules. (a) Each Swiss Obligor shall comply with the Swiss Non-Bank Rules; provided, however, that a Swiss Obligor shall not be in breach of this covenant if the permitted number of Swiss Non-Qualifying Lenders is exceeded solely by reason of:

Compliance with the Swiss Non-Bank Rules. (a) Each Swiss Obligor shall comply is in compliance with the Swiss Non-Bank Rules; provided, however, that a Swiss Obligor shall not be in breach of this covenant representation if the permitted number of Swiss Non-Qualifying Lenders is exceeded solely by reason of: