Common use of Swap Obligations Clause in Contracts

Swap Obligations. (a) As of the Closing Date, neither the Company nor any of its Subsidiaries has incurred any outstanding obligations under any Swap Contracts. With respect to any Swap Contracts that may be entered into by the Company after the Closing Date, the Company represents and warrants that it has undertaken its own independent assessment of its consolidated assets, liabilities and commitments and has considered appropriate means of mitigating and managing risks associated with such matters and has not relied on any Swap Provider or any Affiliate of any Swap Provider, swap counterparty or any Affiliate of any swap counterparty, in determining whether to enter into any Swap Contract.