Common use of No Speculative Transactions Clause in Contracts

No Speculative Transactions. Borrower shall not (and shall not permit --------------------------- any of its Subsidiaries to) engage in any speculative transaction or any transaction involving commodity options or futures contracts (other than in the ordinary course of business consistent with past practice).

Appears in 3 contracts

Samples: Loan and Security Agreement (Premier Graphics Inc), Loan and Security Agreement (Master Graphics Inc), Loan and Security Agreement (Master Graphics Inc)

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No Speculative Transactions. Each Borrower shall not (not, and shall not permit --------------------------- any of its Subsidiaries to) , engage in any speculative transaction or any transaction involving commodity options or options, futures contracts (or similar transactions, other than foreign currency exchange hedging transactions in the ordinary course of business consistent with past practice).

Appears in 2 contracts

Samples: Loan and Security Agreement (Amyris, Inc.), Loan and Security Agreement (Amyris, Inc.)

No Speculative Transactions. Borrower shall not (and shall not permit --------------------------- any of its Subsidiaries to) engage in any speculative transaction or any transaction involving commodity options or futures contracts (other than in the ordinary course of business consistent with past practicepractice and interest rate swap, cap or collar agreements relating to the Revolving Credit Advances).

Appears in 1 contract

Samples: Credit Agreement (Figgie International Inc /De/)

No Speculative Transactions. The Borrower shall not (and shall not permit engage --------------------------- any of its Subsidiaries to) engage in any speculative transaction or or, without the prior consent of the Bank, in any other transaction 77 involving commodity options options, swaps, forward contracts or futures contracts (other than in the ordinary course of business consistent with past practice)contracts.

Appears in 1 contract

Samples: Credit Agreement (Inland Resources Inc)

No Speculative Transactions. Borrower The Borrowers shall not (not, and shall not permit --------------------------- any of its their Subsidiaries to) , directly or indirectly, engage in any speculative transaction or any transaction involving commodity options or futures contracts (other than in the ordinary course of business consistent with past practicebusiness).

Appears in 1 contract

Samples: Term Loan and Security Agreement (Grand Canal Shops Mall Construction LLC)

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No Speculative Transactions. Borrower shall not (and shall not nor --------------------------- permit --------------------------- any of its Subsidiaries to) engage in any speculative transaction or any transaction involving commodity options or futures contracts or other, similar, speculative matters (other than in the ordinary course of business consistent with past practicepractice and interest rate swap, cap or collar agreements relating to the Term Loans or the Revolving Credit Loan).

Appears in 1 contract

Samples: Credit Agreement (Ramsay Health Care Inc)

No Speculative Transactions. Borrower shall not (and shall not --------------------------- permit --------------------------- any of its Subsidiaries to) engage in any speculative transaction or any transaction involving commodity options or futures contracts (other than in the ordinary course of business consistent with past practicepractice and interest rate swap, cap or collar agreements relating to the Revolving Credit Advances).

Appears in 1 contract

Samples: Credit Agreement (Seven Up Rc Bottling Company of Southern California Inc)

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