Common use of Speculation Clause in Contracts

Speculation. Borrower and Guarantors shall not invest for speculative purposes in any Hedge Transactions or in any other options, futures, or derivatives.

Appears in 4 contracts

Sources: Loan Agreement (Ustx, LLC), Loan Agreement (Infinity Energy Resources, Inc), Loan Agreement (Infinity Energy Resources, Inc)

Speculation. Borrower and Guarantors shall not invest for speculative purposes in any Hedge Transactions or in any other options, futures, or derivatives.

Appears in 3 contracts

Sources: Loan Agreement (Tengasco Inc), Loan Agreement (Armada Oil, Inc.), Loan Agreement (Mesa Energy Holdings, Inc.)

Speculation. Borrower and Guarantors Borrowers shall not invest for speculative purposes in any Hedge Transactions or in any other options, futures, or derivatives.

Appears in 1 contract

Sources: Loan Agreement (Platinum Energy Resources Inc)