There is a lip that goes around the I.C. on the front for the shroud to slide onto so this lip would need to be notched in the same place you modify the shroud for the sway bar to pass through. The lip is probably not even a half inch tall, so wondering if notching that lip would even need to be done???
I have a MJ intercooler and run the front sway bar. The shroud gets notched and the mounting flange gets tweaked with a dremel and the sway bar will clear. Very easy to do.