Common use of ECP RULES Clause in Contracts

ECP RULES. No Guarantor hereunder shall be deemed to be a guarantor of any Swap Obligations if such Guarantor is not an “Eligible Contract Participant” as defined in § 1(a)(18) of the Commodity Exchange Act and the applicable rules issued by the Commodity Futures Trading Commission and/or the Securities and Exchange Commission (collectively, and as now or hereafter in effect, “the ECP Rules”) to the extent that the providing of such guaranty by such Guarantor would violate the ECP Rules or any other applicable law or regulation. This paragraph shall not affect any Guarantied Obligations of a Loan Guarantor other than Swap Obligations, nor shall it affect the Obligations of any Guarantor who qualifies as an “Eligible Contract Participant”.

Appears in 2 contracts

Samples: Inland Real Estate Income Trust, Inc., Inland Real Estate Income Trust, Inc.

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ECP RULES. No Guarantor hereunder shall be deemed to not be a guarantor of any Swap Obligations obligations of Borrower under any Hedge Agreement if such Guarantor is not an “Eligible Contract Participant” as defined in § 1(a)(18) of the Commodity Exchange Act and the applicable rules issued GUARANTY – PAGE 11 by the Commodity Futures Trading Commission and/or the Securities and Exchange Commission (collectively, and as now or hereafter in effect, “the ECP Rules”) to the extent that the providing of such guaranty by such Guarantor would violate the ECP Rules or any other applicable law or regulation. This paragraph shall not affect any Guarantied Obligations of a Loan Guarantor Indebtedness otherwise covered and guaranteed by this Guaranty other than Swap Obligations, nor shall it affect the Obligations obligations of Borrower under any Guarantor who qualifies as an “Eligible Contract Participant”Hedge Agreement.

Appears in 1 contract

Samples: Guaranty (Forestar Group Inc.)

ECP RULES. No Guarantor hereunder shall be deemed to be a guarantor of any Swap Obligations if such Guarantor is not an “Eligible Contract Participant” as defined in § §1(a)(18) of the Commodity Exchange Act and the applicable rules issued by the Commodity Futures Trading Commission and/or the Securities and Exchange Commission (collectively, and as now or hereafter in effect, the the ECP Rules”) to the extent that the providing of such guaranty by such Guarantor would violate the ECP Rules or any other applicable law or regulation. This paragraph shall not affect any Guarantied Obligations obligations of a Loan Guarantor other than Swap Obligations, nor shall it affect the Obligations obligations of any Guarantor who qualifies as an “Eligible Contract Participant”.

Appears in 1 contract

Samples: Guaranty (KBS Growth & Income REIT, Inc.)

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ECP RULES. No Guarantor hereunder shall be deemed to be a guarantor of any Swap Obligations if such Guarantor is not an “Eligible Contract Participant” as defined in § §1(a)(18) of the Commodity Exchange Act and the applicable rules issued by the Commodity Futures Trading Commission and/or the Securities and Exchange Commission (collectively, and as now or hereafter in effect, the the ECP Rules”) to the extent that the providing of such guaranty by such Guarantor would violate the ECP Rules or any other applicable law or regulation. This paragraph shall not affect any Guarantied Obligations obligations of a Loan any Guarantor other than Swap Obligations, nor shall it affect the Obligations obligations of any Guarantor who qualifies as an “Eligible Contract Participant”.

Appears in 1 contract

Samples: Guaranty (Strategic Student & Senior Housing Trust, Inc.)

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