Limitation on Hedge Agreements. Neither the Borrower, the Parent, nor any of their respective Affiliates shall enter into any Interest Rate Agreement or any Currency Agreement other than the Interest Rate Agreements permitted by the terms of this Agreement and non-speculative Currency Agreements which are reasonably necessary or desirable in connection with such Persons’ foreign operations.
Appears in 3 contracts
Samples: Senior Secured Credit Agreement (Interstate Hotels & Resorts Inc), Secured Credit Agreement (Interstate Hotels & Resorts Inc), Senior Secured Credit Agreement (Interstate Hotels & Resorts Inc)