Common use of Non-Speculation Clause in Contracts

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.” (v) Section 3 of this Agreement is hereby amended by adding the following subsection “(f)” thereto:

Appears in 1 contract

Sources: Isda Master Agreement

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.” (viv) Section 3 of this Agreement is hereby amended by adding the following subsection “(f)” thereto:

Appears in 1 contract

Sources: Isda Master Agreement