Non-Speculation. This Agreement has been, and each Transaction hereunder will be (and, if applicable, has been), entered into for purposes of managing its borrowings or investments, hedging its underlying assets or liabilities or in connection with its line of business (including financial intermediation services) or the financing of its business and not for purposes of speculation.”
Non-Speculation. This Agreement and each Transaction has been and will be, entered into not for the purpose of speculation but solely in connection with the financing activities of Party B, including, without limitation, increasing the predictability of cash flow, including earnings on invested funds, and otherwise improving Party B’s ability to manage its funds and revenues.
Non-Speculation. Each of Party A and Party B are entering into the Transactions under this Agreement for the purposes of managing its borrowings and investments, hedging its underlying assets and liabilities or in connection with a line of business, and not for the purpose of speculation.
Non-Speculation. This Agreement and each Transaction has been and will be, entered into not for the purpose of speculation but solely in connection with the business activities of Party B.
Non-Speculation. This Agreement has been, and each Transaction has been and will be entered into not for purpose of speculation but solely in connection with the financing activities of Party B, including without limitation converting interest on all or a portion of certain of Party B’s debt from a fixed rate to a floating rate, or from a floating rate to a fixed rate, or from one floating rate to a different floating rate, reducing the cost of borrowing on its outstanding debt by optimizing the relative amounts of fixed and floating rate obligations or the risk of variations in its debt service costs, and by increasing the predictability of cash flow from earnings on invested funds and thereby improving Party B’s ability to manage its funds and revenues.
Non-Speculation. Party B represents and warrants to Party A that this Agreement has been, and each Transaction hereunder will be, entered into for purposes of managing of its borrowings or investments or in connection with a line of business and not for the purpose of speculation;
Non-Speculation. 31. The Purchaser represents to the Vendor and upon which representation the Vendor has relied in accepting the Purchaser’s offer that he is purchasing the Property for his own personal use and not for short term speculative purposes. Prior to the Closing Date, the Purchaser covenants and agrees not to post any signs for sale or let the Property for sale, or advise others that the Property is or may be available for sale, offer for sale or sell, the Property or to enter into any agreement, conditional or otherwise, to sell the Property, or any interest therein, nor to assign this Agreement or any interest therein, or the benefit thereof, either directly or indirectly, to any person without the prior written consent of the Vendor, which consent may be arbitrarily withheld or delayed. Any offering for sale, assignment or attempted assignment of this Agreement shall constitute a fundamental breach of contract (hereinafter in this Agreement referred to as a “FBOC) which shall at the Vendor’s sole option, entitle the Vendor to terminate this Agreement and the Vendor shall be entitled to retain the deposit monies as liquidated damages and not as a penalty and the Purchaser shall have no further right to or interest in the Property. ENTRY
Non-Speculation. This Agreement has been, and each Transaction hereunder will be (and, if applicable, has been), on the part of CDWR, entered into for purposes of managing its natural gas price exposure and not for purposes of speculation or other purposes not specifically authorized by law.
Non-Speculation. This Agreement has been, and each Transaction hereunder will be (and, if applicable, has been), entered into for purposes of managing its borrowings or investments and not for purposes of speculation." The amendments provided herein shall not be applicable to the representation of or by Party A made in or deemed repeated pursuant to Section 3 of the Agreement.
