Effectiveness of Certain Negative Covenants. Notwithstanding anything to the contrary set forth herein, to the extent that any of the restrictions set forth in Section 7.2 or Section 7.7 of this Agreement may conflict with or be prohibited by Section 7.8 or Section 7.9 of the Revolving Credit Agreement, then any such restrictions in Section 7.2 or Section 7.7 of this Agreement shall be of no force or effect under this Agreement, until such time as (i) the Revolving Credit Agreement ceases to be in effect, or (ii) Section 7.8 and/or Section 7.9 of the Revolving Credit Agreement or the related Schedules are amended, waived, or otherwise modified so as to eliminate any such conflict or prohibition.
Appears in 2 contracts
Sources: Letter of Credit and Security Agreement (Agl Resources Inc), Letter of Credit and Security Agreement (Agl Resources Inc)