Common use of Subsection 3 Clause in Contracts

Subsection 3. 1 of the Guarantee and Collateral Agreement is hereby amended by inserting the words “(provided, however, that nothing herein or in the definition of “Obligations” shall grant any security interest to secure any obligations or liabilities of a Loan Party under or in connection with any Excluded Swap Obligations for purposes of determining any obligations of a Grantor hereunder)” immediately after the word “Obligations” appearing in the first paragraph thereof.

Appears in 2 contracts

Sources: Credit Agreement (Atkore International Group Inc.), Credit Agreement (Atkore International Holdings Inc.)