Speculative Transactions. Engage, or permit any of its Subsidiaries to engage, in any transaction involving commodity options or futures contracts for speculative purposes or any similar speculative transactions, which are, in any case, inconsistent with prior practice and not otherwise made in the ordinary course of business.
Appears in 7 contracts
Samples: Credit Agreement (Hemisphere Media Group, Inc.), Credit Agreement (Hemisphere Media Group, Inc.), First Lien Senior Secured Credit Agreement (Terremark Worldwide Inc)
Speculative Transactions. Engage, or permit any of its Subsidiaries to engage, in any transaction involving commodity options or futures contracts for speculative purposes or derivatives or any similar speculative transactions, which are, in any case, inconsistent with prior practice and not otherwise made in the ordinary course of businessexcept for Bank Hedge Agreements.
Appears in 3 contracts
Samples: Credit Agreement (Applied Graphics Technologies Inc), Credit Agreement (Applied Graphics Technologies Inc), Credit Agreement (Applied Graphics Technologies Inc)
Speculative Transactions. Engage, or permit any of its Subsidiaries to engage, in any transaction involving commodity options or futures contracts for speculative purposes or any similar speculative transactions, which are, in any case, inconsistent with prior practice and not otherwise made in the ordinary course of businesstransactions other than Hedge Agreements permitted under Section 5.02(b).
Appears in 2 contracts
Samples: Credit Agreement (Ipc Information Systems Inc), Credit Agreement (Ipc Communications Inc /De/)
