Rate Management Transactions. Borrower will not, and will not permit any Subsidiary to, enter into any Rate Management Transactions, except for Rate Management Transactions which are entered into solely for hedging purposes.
Appears in 3 contracts
Samples: Credit Agreement (Insperity, Inc.), Credit Agreement (Insperity, Inc.), Credit Agreement (Insperity, Inc.)
Rate Management Transactions. The Borrower will not, and nor will not it permit any Subsidiary to, enter into or remain liable under any Rate Management Transactions, except for Rate Management Transactions which that are entered into solely in the ordinary course of business of the Borrower or such Subsidiary and not for hedging speculative purposes.
Appears in 2 contracts
Samples: Credit Agreement (Modine Manufacturing Co), Credit Agreement (Modine Manufacturing Co)
Rate Management Transactions. The Borrower will not, and nor will not it permit any Subsidiary to, enter into or remain liable under any Rate Management Transactions, except for Rate Management Transactions which that are entered into solely in the ordinary course of business of the Borrower or such Subsidiary for the purpose of hedging a risk exposure of the Borrower or a Subsidiary and not for speculative purposes.
Appears in 2 contracts
Samples: Credit Agreement (Modine Manufacturing Co), Credit Agreement (Modine Manufacturing Co)
Rate Management Transactions. Borrower will not, and will not permit any Subsidiary to, enter into any Rate Management Transactions, except for Rate Management Transactions with Lender which are entered into solely for hedging purposes.
Appears in 2 contracts
Samples: Loan and Security Agreement (Mammoth Energy Partners LP), Loan and Security Agreement (Mammoth Energy Partners LP)
Rate Management Transactions. Borrower will not, and will not permit any Subsidiary to, enter into any Rate Management Transactions, except for Rate Management Transactions with Lender or any upstream correspondent bank of Lender which are entered into solely for hedging purposes.
Appears in 2 contracts
Samples: Loan Agreement (Sharps Compliance Corp), Loan Agreement (Sharps Compliance Corp)
Rate Management Transactions. Neither Borrower will, nor will not, and will not either Borrower permit any Subsidiary to, enter into any Rate Management Transactions, except for Rate Management Transactions which are entered into solely for hedging purposes.
Appears in 1 contract
Samples: Security Agreement (Forum Oilfield Technologies Inc)
Rate Management Transactions. The Borrower will not, and nor will not it permit any Restricted Subsidiary to, enter into or remain liable upon any Rate Management Transactions, Transaction except for Rate Management Transactions which are those entered into solely in the ordinary course of business for bona fide hedging purposes and not for speculative purposes.
Appears in 1 contract
Rate Management Transactions. The Borrower ---------------------------- will not, and nor will not it permit any Subsidiary to, enter into or remain liable under any Rate Management Transactions, except for Rate Management Transactions which that are entered into solely in the ordinary course of business of the Borrower or such Subsidiary and not for hedging speculative purposes.
Appears in 1 contract
