Common use of No Speculative Transactions Clause in Contracts

No Speculative Transactions. Such Loan Party will not, and will not permit any of its Subsidiaries to, engage in any speculative transaction or in any transaction involving Hedging Contracts except for the sole purpose of hedging in the normal course of business and consistent with industry practices.

Appears in 3 contracts

Samples: Credit Agreement (Warnaco Group Inc /De/), Credit Agreement (Classic Cable Inc), Credit Agreement (Conseco Inc)

AutoNDA by SimpleDocs

No Speculative Transactions. Such No Loan Party will notshall, and will not or permit any of its Subsidiaries to, engage in any speculative transaction or in any transaction involving Hedging Contracts or, except for the sole purpose of hedging in the normal course of business and consistent with industry practices, engage in any transaction involving commodity options or futures contracts.

Appears in 3 contracts

Samples: Credit Agreement (WHX Corp), Credit Agreement (WHX Corp), Credit Agreement (Wheeling Pittsburgh Corp /De/)

No Speculative Transactions. Such Loan Party will shall not, and will shall not permit any of its Subsidiaries to, engage in any speculative transaction or in any transaction involving Hedging Contracts except for the sole purpose of hedging in the normal course of business and consistent with industry practices.

Appears in 2 contracts

Samples: Friedmans Inc, Friedmans Inc

No Speculative Transactions. Such Loan Party will shall not, and will shall not permit any of its Subsidiaries to, engage in any speculative transaction or in any transaction involving Hedging Contracts except solely by the Loan Parties and with the Lenders, for the sole purpose of hedging in the normal course of business and consistent with industry practicespractices and not for any speculative purpose.

Appears in 2 contracts

Samples: Entire Agreement (Greenville Tube CO), Loan Agreement (Pliant Corp)

AutoNDA by SimpleDocs

No Speculative Transactions. Such Loan Party will not, and will not permit any of its Subsidiaries to, engage in any speculative transaction or in any transaction involving Hedging Contracts except for the sole purpose of hedging in the normal course of business and consistent with industry practicescontracts.

Appears in 1 contract

Samples: Assignment and Acceptance Agreement (Amr Corp)

No Speculative Transactions. Such The Loan Party Parties will not, and will not permit any of its Subsidiaries other Group Member to, engage in any speculative transaction or in any transaction involving Hedging Contracts except for the sole purpose of hedging in the normal course of business and consistent with industry practices.

Appears in 1 contract

Samples: Credit Agreement (Polaroid Holding Co)

Time is Money Join Law Insider Premium to draft better contracts faster.