No Speculative Transactions. Neither the Borrower nor any of its Subsidiaries shall 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
Sources: Second Lien Credit Agreement (Tecumseh Products Co), Second Lien Credit Agreement (Tecumseh Products Co), First Lien Credit Agreement (Tecumseh Products Co)
No Speculative Transactions. Neither the No Borrower shall, nor shall any Borrower permit any of its Subsidiaries shall to, engage in any speculative transaction or in any transaction involving Hedging Contracts except as for the sole purpose of hedging in the normal course of business and consistent with industry practices.
Appears in 2 contracts
Sources: Credit Agreement (S&c Resale Co), Credit Agreement (S&c Holdco 3 Inc)
No Speculative Transactions. Neither the Borrower nor any of its Subsidiaries shall engage in any speculative transaction or in any transaction involving Hedging Contracts except Except for the sole purpose of hedging in the normal course of business and consistent with industry practices, neither Holdings nor the Borrower shall, and neither shall permit any of its Subsidiaries to, engage in any speculative transaction or in any transaction involving Hedging Contracts.
Appears in 2 contracts
Sources: Credit Agreement (Aviall Inc), Credit Agreement (Aviall Inc)
No Speculative Transactions. Neither None of the Borrower Borrowers shall, nor shall they permit any of its their respective Subsidiaries shall to, engage in (a) any speculative transaction or (b) in any transaction involving Hedging Contracts Contracts, except for the sole purpose of hedging in the normal course of business and consistent with industry practices.. 105
Appears in 2 contracts
Sources: Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.)
No Speculative Transactions. Neither the Borrower Company nor any Borrower shall, nor shall they permit any of its their respective Subsidiaries shall 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
Sources: Credit Agreement (Suntron Corp), Credit Agreement (Suntron Corp)