Common use of Financial Contracts Clause in Contracts

Financial Contracts. No Loan Party will enter into or remain liable upon any Financial Contract, except for Financial Contracts entered into for the purpose of managing interest rate risks associated with Indebtedness of the Toll Group and other risks associated with the business of the Toll Group and not for speculative purposes.

Appears in 13 contracts

Samples: Credit Agreement (Toll Brothers Inc), Credit Agreement (Toll Brothers Inc), Credit Agreement (Toll Brothers Inc)

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Financial Contracts. No Loan Party will enter into or remain liable upon any Financial Contract, except for Financial Contracts entered into for the purpose of managing interest rate risks associated with Indebtedness of the Toll Group Borrower and its Subsidiaries and other risks associated with the business of the Toll Group Borrower and its Subsidiaries and not for speculative purposes.

Appears in 12 contracts

Samples: Credit Agreement (Horton D R Inc /De/), Credit Agreement (Forestar Group Inc.), Credit Agreement (Horton D R Inc /De/)

Financial Contracts. No Loan Party will enter into or remain liable upon any Financial Contract, except for Financial Contracts entered into for the purpose of managing interest rate risks associated with other Indebtedness of the Toll Group Loan Parties and other risks associated with the business of the Toll Group Loan Parties and not for speculative purposes.

Appears in 2 contracts

Samples: Credit Agreement (Toll Brothers Inc), Credit Agreement (Toll Brothers Inc)

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Financial Contracts. No Loan Party will enter into or remain liable upon any Financial Contract, except for Financial Contracts entered into for the purpose of managing interest rate risks associated with other Indebtedness of the Toll Group Loan Parties and other risks associated with the business of the Toll Group Loan Parties and not for speculative purposes.. ARTICLE VIII

Appears in 1 contract

Samples: Credit Agreement (Toll Brothers Inc)

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