Speculative Transactions. Engage in any interest rate, currency rate, commodity hedge or similar agreement, understanding or obligation, except in the normal course of business and not for speculative purposes.
Appears in 13 contracts
Samples: Subscription Agreement (Polymet Mining Corp), Relating to Purchase Agreement (Glencore PLC), Relating to Purchase Agreement (Polymet Mining Corp)
Speculative Transactions. Engage in any interest rate, currency rate, commodity hedge or similar agreement, understanding or obligation, except in the normal course of business and not for speculative purposes.
Appears in 3 contracts
Samples: Security Agreement (Polymet Mining Corp), Parent Guarantee (Glencore Holding Ag), Parent Guarantee (Polymet Mining Corp)
Speculative Transactions. Engage in any interest ratetransaction involving commodities, currency rateoptions, commodity hedge futures contracts or similar agreement, understanding or obligationtransactions, except for Approved Interest Rate Hedge Agreements entered into in the normal ordinary course of business and not for speculative purposesor as permitted pursuant to this Agreement.
Appears in 2 contracts
Samples: Loan Agreement (Hemisphere Media Group, Inc.), Loan Agreement (Hemisphere Media Group, Inc.)
