Examples of ECP Rules in a sentence
No Guarantor hereunder shall be deemed to be a guarantor of any Swap Obligations if such Guarantor is not an ECP, to the extent that the providing of such guaranty by such Guarantor would violate the ECP Rules or any other applicable law or regulation.
No Obligor hereunder shall be, or shall be deemed to be, a guarantor of any Swap Obligations if such Obligor is not an ECP, to the extent that the providing of such guaranty by such Obligor would violate the ECP Rules or any other applicable law or regulation.
No Borrower hereunder shall be deemed to be a guarantor of any Swap Obligations if such Borrower is not an ECP, to the extent that the providing of such guaranty by such Borrower would violate the ECP Rules or any other applicable law or regulation.
No security interest pledged, assigned or granted by any Grantor hereunder or under any other Loan Document to the Administrative Agent, on behalf of and for the benefit of the Secured Parties, shall secure, or be deemed to secure, the payment or performance of any Swap Obligations if such Grantor is not an ECP, to the extent that the pledge, assignment or grant of such security interest by such Grantor would violate the ECP Rules or any other applicable law or regulation.
As of July 31, 2013, the Guaranty is hereby amended to insert immediately at the end thereof the following new Section 26: No Guarantor hereunder shall be deemed to be a guarantor of any Swap Obligations if such Guarantor is not an ECP, to the extent that the providing of such guaranty by such Guarantor would violate the ECP Rules or any other applicable law or regulation.