Common use of Swap Obligations Clause in Contracts

Swap Obligations. Neither Borrower nor any of its Subsidiaries has incurred any outstanding obligations under any Swap Contracts, other than Permitted Swap Obligations. Borrower 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 counterparty or any Affiliate of any swap counterparty in determining whether to enter into any Swap Contract.

Appears in 13 contracts

Samples: Credit Agreement (Epicor Software Corp), Credit Agreement (Wireless Facilities Inc), Credit Agreement (Quantum Corp /De/)

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Swap Obligations. Neither the Borrower nor any of its Subsidiaries has incurred any outstanding obligations under any Swap ContractsContract, other than Permitted Swap Obligations. The Borrower 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 counterparty or any Affiliate of any swap counterparty in determining whether to enter into any Swap Contract.

Appears in 3 contracts

Samples: Credit Agreement (Regis Corp), Credit Agreement (Regis Corp), Credit Agreement (Regis Corp)

Swap Obligations. Neither Borrower nor any of its Subsidiaries Subsidiary thereof has incurred any outstanding obligations under any Swap Contracts, other than Permitted obligations under Swap ObligationsContracts expressly permitted hereby. Borrower has undertaken voluntarily entered into each Swap Contract to which it is a party based upon its own independent assessment of its consolidated assets, liabilities and commitments and has considered commitments, in each case as an appropriate means of mitigating and managing risks associated with such matters matters, and has not relied on any swap counterparty or any Affiliate of any swap counterparty in determining whether to enter into any Swap Contract.

Appears in 3 contracts

Samples: Credit Agreement (Titan Machinery Inc.), Loan and Security Agreement (Intercloud Systems, Inc.), Credit Agreement (Titan Machinery Inc.)

Swap Obligations. Neither the Borrower nor any of its Subsidiaries has incurred any outstanding obligations under any Swap Contracts, other than Permitted Swap Obligations. The Borrower 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 counterparty or any Affiliate of any swap counterparty in determining whether to enter into any Swap Contract.

Appears in 3 contracts

Samples: Credit Agreement (Telvent Git S A), Credit Agreement (Us Home & Garden Inc), Loan Agreement (C P Clare Corp)

Swap Obligations. Neither Borrower of the Borrowers nor any of its Subsidiaries has incurred any outstanding obligations under any Swap Contracts, other than Permitted Swap Obligations. Each Borrower 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 counterparty or any Affiliate of any swap counterparty in determining whether to enter into any Swap Contract.

Appears in 3 contracts

Samples: Credit Agreement (Precision Castparts Corp), Credit Agreement (Precision Castparts Corp), Credit Agreement (Precision Castparts Corp)

Swap Obligations. Neither the Borrower nor any of its Subsidiaries has incurred any outstanding obligations under any Swap Contracts, other than Permitted Swap Obligations. The Borrower 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 counterparty or any Affiliate of any swap counterparty in determining whether on not to enter into any Swap Contract.

Appears in 3 contracts

Samples: Credit Agreement (Eftc Corp/), Credit Agreement (Analytical Surveys Inc), Credit Agreement (Electronic Fab Technology Corp)

Swap Obligations. Neither Borrower nor any of its Subsidiaries has incurred any outstanding obligations under any Swap Contracts, other than Permitted Swap Obligations. Borrower 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 counterparty or any Affiliate of any swap counterparty in determining whether to enter into any Swap Contract.. Credit Agreement Epicor Software Corporation

Appears in 1 contract

Samples: Security Agreement (Epicor Software Corp)

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Swap Obligations. Neither Borrower Guarantor nor any of its the Subsidiaries has incurred any outstanding obligations under any Swap Contracts, other than Permitted Swap Obligations. Borrower Guarantor 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 counterparty counterpart or any Affiliate of any swap counterparty counterpart in determining whether to enter into any Swap Contract.

Appears in 1 contract

Samples: Participation Agreement (Del Monte Foods Co)

Swap Obligations. Neither the Borrower nor any of its Subsidiaries has incurred any outstanding obligations under any Swap Contracts, other than Permitted Swap Obligations. The Borrower 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 counterparty Swap Provider or any Affiliate of any swap counterparty Swap Provider in determining whether to enter into any Swap Contract.

Appears in 1 contract

Samples: Credit Agreement (Adc Telecommunications Inc)

Swap Obligations. Neither Borrower nor any of its Subsidiaries has incurred any ---------------- outstanding obligations under any Swap Contracts, other than Permitted Swap Obligations. Borrower 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 counterparty or any Affiliate of any swap counterparty in determining whether to enter into any Swap Contractmatters.

Appears in 1 contract

Samples: Loan and Security Agreement (Material Sciences Corp)

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