Guaranties of Hedging Obligations Sample Clauses

Guaranties of Hedging Obligations. Notwithstanding anything else to the contrary in any Loan Document, no non-Qualified ECP Guarantor shall be required to guarantee or provide security for Excluded Swap Obligations, and any reference in any Loan Document with respect to such non-Qualified ECP Guarantor guaranteeing or providing security for the Obligations shall be deemed to be all Obligations other than the Excluded Swap Obligations.
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Guaranties of Hedging Obligations. Notwithstanding anything else to the contrary in any Credit Document, no Specified Credit Party shall be required to guarantee or provide security for Excluded Swap Obligations, and any reference in any Credit Document with respect to such Specified Credit Party guaranteeing or providing security for the Obligations shall be deemed to be all Obligations other than the Excluded Swap Obligations.
Guaranties of Hedging Obligations. Notwithstanding anything else to the contrary in any Loan Document, no Guarantor shall be required to guarantee or provide security for Excluded Swap Obligations, and any reference in any Loan Document with respect to such Guarantor guaranteeing or providing security for the Obligations shall be deemed to be all Obligations other than the Excluded Swap Obligations.
Guaranties of Hedging Obligations. Notwithstanding anything else to the contrary in any Loan Document, no Subsidiary that is prohibited by the Commodity Exchange Act or any rule, regulation or order of the Commodity Futures Trading Commission (or the application or official interperation thereof) from providing a guarantee of any Obligations of any other Loan Party arising under any Secured Hedge Agreement (such Obligations, the “Secured Hedge Obligations”) that constitutes a “swap” within the meaning of section 1a(47) of the Commodity Exchange Act as amended or modified from time to time (any such Secured Hedging Agreement, an “Excluded Secured Hedging Agreement”) shall be required to guarantee or provide security for the Secured Hedge Obligations, and any reference in any Loan Document with respect to such Subsidiary guaranteeing or providing security for the Obligations shall be deemed to be all Obligations other than the Secured Hedge Obligations arising under the Excluded Secured Hedge Agreements.”

Related to Guaranties of Hedging Obligations

  • Guaranties Guarantee or become liable in any way as surety, endorser (other than as endorser of negotiable instruments for deposit or collection in the ordinary course of business), accommodation endorser or otherwise for, nor pledge or hypothecate any assets of Borrower as security for, any liabilities or obligations of any other person or entity, except any of the foregoing in favor of Bank.

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