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SWY » Topics » 13.7 Independence of Covenants .

This excerpt taken from the SWY 8-K filed Jun 7, 2005.

13.7 Independence of Covenants.

 

All covenants hereunder shall be given independent effect so that if a particular action or condition is not permitted by any of such covenants, the fact that it would be permitted by an exception to, or would otherwise be within the limitations of, another covenant shall not avoid the occurrence of an Event of Default or Potential Event of Default if such action is taken or condition exists.

 

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