Common use of Swap Agreements Clause in Contracts

Swap Agreements. The Borrower will not, and will not permit any of its Subsidiaries to, enter into any Swap Agreement, other than Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary is exposed in the conduct of its business or the management of its liabilities.

Appears in 11 contracts

Samples: Credit Agreement (Griffon Corp), Credit Agreement (Griffon Corp), Credit Agreement (Griffon Corp)

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Swap Agreements. The Borrower will not, and will not permit any of its Subsidiaries other Loan Party to, enter into any Swap Agreement, other than Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary other Loan Party is exposed in the conduct of its business or the management of its liabilities.

Appears in 10 contracts

Samples: Credit Agreement (Aris Water Solutions, Inc.), Credit Agreement (Fuel Tech, Inc.), Credit Agreement (Solaris Oilfield Infrastructure, Inc.)

Swap Agreements. The Borrower will not, and will not permit any of its Subsidiaries Restricted Subsidiary to, enter into any Swap Agreement, other than Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any a Restricted Subsidiary is exposed in the conduct of its business or the management of its liabilitiesliabilities and not for speculative purposes.

Appears in 9 contracts

Samples: Credit Agreement (Energizer Holdings, Inc.), Credit Agreement (Energizer Holdings Inc), Credit Agreement (Energizer Holdings, Inc.)

Swap Agreements. The Borrower will not, and will not permit any of its Subsidiaries to, enter into any Swap Agreement, Agreement other than Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks pursuant to which the Borrower or any such Subsidiary is exposed in the conduct of has hedged its business reasonably estimated interest rate, foreign currency or the management of its liabilitiescommodity exposure, and not for speculative purposes.

Appears in 7 contracts

Samples: Credit Agreement (Dayton Power & Light Co), Credit Agreement (Dayton Power & Light Co), Credit Agreement (DPL Inc)

Swap Agreements. The Borrower will notnot itself, and will not permit any of its Subsidiaries Subsidiary to, enter into any Swap Agreement, other than except (a) Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary is exposed has actual or anticipated exposure (other than those in respect of Capital Stock) and (b) Swap Agreements entered into in order to effectively cap, collar or exchange interest rates with respect to any interest-bearing liability or investment of the conduct of its business Borrower or the management of its liabilitiesany Subsidiary.

Appears in 7 contracts

Samples: Security Agreement (Chrysler Group LLC), Lease Agreement (Chrysler Group LLC), Credit Agreement

Swap Agreements. The Borrower will not, and will not permit any of its Subsidiaries Subsidiary to, enter into any Swap Agreement, other than Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary is exposed in the conduct of its business or the management of its liabilitiesAgreement for speculative purposes.

Appears in 5 contracts

Samples: Credit Agreement (Usg Corp), Credit Agreement (Usg Corp), Credit Agreement (Usg Corp)

Swap Agreements. The Neither Borrower will, nor will not, and will not it permit any of its Subsidiaries Restricted Subsidiary to, enter into any Swap Agreement, other than Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Parent Borrower or any a Restricted Subsidiary is exposed in the conduct of its business or the management of its liabilitiesliabilities and not for speculative purposes.

Appears in 4 contracts

Samples: Ascena Retail (Ascena Retail Group, Inc.), Ascena Retail (Ascena Retail Group, Inc.), Term Credit Agreement (Ascena Retail Group, Inc.)

Swap Agreements. The Borrower will not, and will not permit any of its Restricted Subsidiaries to, enter into any Swap Agreement, other than Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Restricted Subsidiary is exposed in the conduct of its business or the management of its liabilities.

Appears in 4 contracts

Samples: Credit Agreement (Griffon Corp), Credit Agreement (HMS Holdings Corp), Credit Agreement (Griffon Corp)

Swap Agreements. The Borrower will not, and will not permit any of its Subsidiaries other Loan Party to, enter into any Swap Agreement, other than Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary other Loan Party is exposed in the conduct of its business or the management of its liabilitiesliabilities and not for speculative purposes.

Appears in 4 contracts

Samples: Credit Agreement (DXP Enterprises Inc), Credit Agreement (DXP Enterprises Inc), Credit Agreement (DXP Enterprises Inc)

Swap Agreements. The Borrower will not, and nor will not it permit any of its Restricted Subsidiaries to, enter into or maintain any Swap Agreement, other than except the Existing Swap Agreements, and Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary is exposed in the conduct of its business or the management of its liabilities.with Approved Counterparties and not for speculative purposes to:

Appears in 3 contracts

Samples: Credit Agreement (Exco Resources Inc), Credit Agreement (Range Resources Corp), Credit Agreement (Exco Resources Inc)

Swap Agreements. The Borrower will not, and will not permit any of its Subsidiaries to, enter into any Swap Agreement, other than Swap Agreements entered into with any of the Lenders or an Affiliate of any Lender or in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary is exposed in the conduct of its business or the management of its liabilities.

Appears in 3 contracts

Samples: Credit Agreement (HMS Holdings Corp), Security Agreement (HMS Holdings Corp), Credit Agreement (HMS Holdings Corp)

Swap Agreements. The Borrower Borrowers will not, and will not permit any of its Subsidiaries their subsidiaries to, enter into any Swap Agreement, other than Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the any Borrower or any Subsidiary subsidiary is exposed in the conduct of its business or the management of its liabilitiesliabilities and not for speculative purposes.

Appears in 3 contracts

Samples: Credit Agreement (Dress Barn Inc), Credit Agreement (Ascena Retail Group, Inc.), Credit Agreement (Dress Barn Inc)

Swap Agreements. The Borrower will not, and nor will not the Borrower permit any of its Restricted Subsidiaries to, enter into any Swap Agreement, other than except the Existing Swap Agreements and Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary is exposed in the conduct of its business or the management of its liabilities.and not for speculative purposes to:

Appears in 3 contracts

Samples: Credit Agreement (Clayton Williams Energy Inc /De), Credit Agreement (Clayton Williams Energy Inc /De), Credit Agreement (Clayton Williams Energy Inc /De)

Swap Agreements. The Borrower will not, and will not permit any of its Subsidiaries to, enter into any Swap Agreement, other than except Swap Agreements entered into in order to effectively cap, collar or exchange interest rates with respect to the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary is exposed in the conduct of its business Loans or the management of its liabilitiesloans under the Revolving Loan Facility.

Appears in 3 contracts

Samples: Senior Secured Loan Agreement, Senior Secured Loan Agreement, Assignment and Assumption (Hawaiian Telcom Holdco, Inc.)

Swap Agreements. The Borrower It will not, and will not permit any of its Subsidiaries subsidiaries to, enter into any Swap Agreement, other than Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower it or any Subsidiary of its subsidiaries is exposed in the conduct of its business or the management of its liabilities.

Appears in 2 contracts

Samples: Year Term Credit Agreement (Valero L P), Subsidiary Guaranty Agreement (Valero L P)

Swap Agreements. The Borrower will notnot itself, and will not permit any of its Subsidiaries Subsidiary to, enter into any Swap Agreement, other than except (a) Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary is exposed has actual or anticipated exposure (other than those in respect of Capital Stock) and (b) Swap Agreements entered into in order to effectively cap, collar or exchange interest rates with respect to any interest bearing liability or investment of the conduct of its business Borrower or the management of its liabilitiesany Subsidiary.

Appears in 2 contracts

Samples: Loan Agreement (Chrysler Group LLC), Loan Agreement (Chrysler Group LLC)

Swap Agreements. The Borrower will not, and will not permit any of its Subsidiaries to, enter into any Swap Agreement, other than except Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary is exposed has actual exposure (other than those in respect of Equity Interests of the conduct of its business Borrower or the management of its liabilitiesany Subsidiary) and that are not for speculative purposes.

Appears in 2 contracts

Samples: Credit Agreement (Franchise Group, Inc.), Credit Agreement (Liberty Tax, Inc.)

Swap Agreements. The Borrower will not, and will not permit any of its Subsidiaries to, enter into any Swap Agreement, other than Swap Agreements entered into with any of the Lenders (or any Affiliates thereof) or in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary is exposed in the conduct of its business or the management of its liabilitiesliabilities (including, among other Swap Agreements, hedge transactions, warrant transactions and capped call transactions in respect of Convertible Notes).

Appears in 2 contracts

Samples: Pledge Agreement (Teleflex Inc), Pledge Agreement (Teleflex Inc)

Swap Agreements. The Borrower will not, and nor will not the Borrower permit any of its Restricted Subsidiaries to, enter into any Swap Agreement, other than except Swap Agreements permitted under the Revolving Credit Agreement and Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary is exposed in the conduct of its business or the management of its liabilities.and not for speculative purposes to:

Appears in 2 contracts

Samples: Credit Agreement (Clayton Williams Energy Inc /De), Credit Agreement (Clayton Williams Energy Inc /De)

Swap Agreements. The Borrower will not, and will not permit any of its Subsidiaries to, enter into any Swap Agreement, other than Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary is exposed in the conduct of its business or the management of its liabilities.except

Appears in 2 contracts

Samples: Credit Agreement (Atari Inc), Credit Agreement (Atari Inc)

Swap Agreements. The Borrower will not, and will not permit any of its Subsidiaries to, enter into any Swap Agreement, other than Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary of its Subsidiaries is exposed in the conduct of its business or the management of its liabilities.

Appears in 2 contracts

Samples: Credit Agreement (Healthtronics, Inc.), Credit Agreement (Healthtronics, Inc.)

Swap Agreements. The Borrower will not, and will not permit any of its the Subsidiaries to, enter into any Swap Agreement, other than except Swap Agreements entered into in the ordinary course of business and consistent with prudent business practice for the purpose of hedging or mitigating risks (and not for purposes of speculation) associated with fluctuations in interest rates and foreign exchange rates; provided that the counterparty to hedge any Swap Agreement permitted by this Section shall be, at the time it enters into such Swap Agreement, a Lender or mitigate risks to which the Borrower or any Subsidiary is exposed in the conduct of its business or the management of its liabilitiesan Affiliate thereof.

Appears in 2 contracts

Samples: Credit Agreement (DG FastChannel, Inc), Credit Agreement (DG FastChannel, Inc)

Swap Agreements. The Borrower will not, and will not permit any of its Subsidiaries Subsidiary to, enter into any Swap Agreement, other than Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any a Subsidiary is exposed in the conduct of its business or the management of its liabilitiesliabilities and not for speculative purposes. Section 6.08.

Appears in 2 contracts

Samples: Credit Agreement (Altera Infrastructure L.P.), Credit Agreement (Altera Infrastructure L.P.)

Swap Agreements. The Borrower will not, and will not permit any of its Subsidiaries Restricted Subsidiary to, enter into any Swap Agreement, other than Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary is exposed in the conduct of its business or the management of its liabilitiesand not for speculative purposes.

Appears in 2 contracts

Samples: Credit Agreement (Inovalon Holdings, Inc.), Credit Agreement (Inovalon Holdings, Inc.)

Swap Agreements. The Borrower will not, and will not permit any of its Subsidiaries to, enter into any Swap Agreement, other than except Swap Agreements that are (a) entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary is exposed has actual exposure (other than those in respect of Equity Interests of the conduct Borrower or any of its business or the management of its liabilitiesSubsidiaries), and (b) not entered into for any speculative purpose.

Appears in 2 contracts

Samples: Credit Agreement (Actuate Corp), Credit Agreement (GoPro, Inc.)

Swap Agreements. The Borrower will not, and will not permit any of its Subsidiaries Subsidiary to, enter into any Swap Agreement, Agreements with any Person other than Swap Agreements which are entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary is exposed in the conduct of its business or the management of its liabilitiesand not for speculative purposes.

Appears in 1 contract

Samples: Intercreditor Agreement (U.S. Well Services, Inc.)

Swap Agreements. The Borrower will not, and nor will not it permit any of its Restricted Subsidiaries to, enter into any Swap Agreement, other than except Swap Agreements entered into in the ordinary course of business business, and not for speculative purposes, to hedge protect against changes in interest rates, commodity prices or mitigate risks to which the Borrower foreign exchange rates or any Subsidiary is exposed in the conduct of its business or the management of its liabilitiesconnection with a Permitted Convertible Notes Offering.

Appears in 1 contract

Samples: Intercreditor Agreement (Staples Inc)

Swap Agreements. The Borrower will not, and nor will not the Borrower permit any of its Restricted Subsidiaries or any Sponsored Partnership to, enter into any Swap Agreement, other than except Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary is exposed in the conduct of its business or the management of its liabilities.and not for speculative purposes to:

Appears in 1 contract

Samples: Credit Agreement (Petroleum Development Corp)

Swap Agreements. The Borrower will not, and will not permit any of its Restricted Subsidiaries to, enter into any Swap Agreement, other than except Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary of its Restricted Subsidiaries is exposed in the conduct of its business or the management of its liabilitiesliabilities or in connection with the repurchase of any Equity Interests of the Borrower to the extent permitted by Section 6.07. SECTION 6.06.

Appears in 1 contract

Samples: Credit Agreement (Trinity Industries Inc)

Swap Agreements. The Borrower will shall not, and will shall not permit any of its Subsidiaries to, enter into or permit to exist any Swap Agreement, other than except Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary is exposed in the conduct of its business or the management of its liabilitiesBusiness consistent with prudent industry practices and not speculative in nature.

Appears in 1 contract

Samples: Credit Agreement (Enviva Partners, LP)

Swap Agreements. The Borrower will not, and will not permit any of its Restricted Subsidiaries to, enter into any Swap Agreement, other than except Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary of its Restricted Subsidiaries is exposed in the conduct of its business or the management of its liabilities.

Appears in 1 contract

Samples: Credit Agreement (Trinity Industries Inc)

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Swap Agreements. The Borrower will not, and nor will not it permit any of its Subsidiaries Subsidiary to, enter into any Swap Agreement, other than unless such Swap Agreements Agreement is entered into by such Person in the ordinary course of business to hedge for the purpose of hedging or mitigate mitigating risks to which the Borrower or any Subsidiary associated with actual exposure of such Person and such Swap Agreement is exposed in the conduct of its business or the management of its liabilitiesnot for speculative purposes.

Appears in 1 contract

Samples: The Credit Agreement (Advance Auto Parts Inc)

Swap Agreements. The Borrower will not, and will not permit any of its Subsidiaries to, enter into any Swap Agreement, other than (a) Swap Agreements required by Section 5.14 and (b) Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary of its Subsidiaries is exposed in the conduct of its business or the management of its liabilities.

Appears in 1 contract

Samples: Credit Agreement (Poindexter J B & Co Inc)

Swap Agreements. The Borrower will not, and nor will not the Borrower permit any of its Subsidiaries to, enter into any Swap Agreement, other than except Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary is exposed in the conduct of its business or the management of its liabilities.and not for speculative purposes to:

Appears in 1 contract

Samples: Credit Agreement (Lilis Energy, Inc.)

Swap Agreements. The Borrower will not, and will not permit any of its Subsidiaries to, enter into any Swap Agreement, other than Swap Agreements entered into with any of the Lenders or in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary is exposed in the conduct of its business or the management of its liabilities.

Appears in 1 contract

Samples: Credit Agreement (HMS Holdings Corp)

Swap Agreements. The Borrower will not, and will not permit any of its Subsidiaries Restricted Subsidiary to, enter into any Swap Agreement, other than Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any a Restricted Subsidiary is exposed in the conduct of its business or the management of its liabilities.liabilities and not for speculative purposes. (n)

Appears in 1 contract

Samples: Credit Agreement (Energizer Holdings, Inc.)

Swap Agreements. The Borrower will not, and nor will not it permit any of its Restricted Subsidiaries to, enter into or maintain any Swap Agreement, other than Agreement and Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary is exposed in the conduct of its business or the management of its liabilities.with Lender Counterparties and not for speculative purposes to:

Appears in 1 contract

Samples: Possession Credit Agreement (Exco Resources Inc)

Swap Agreements. The Borrower will not, and will not permit any of its Subsidiaries Subsidiary to, enter into any Swap Agreement, other than except Swap Agreements entered into in the ordinary course of business in order to hedge manage risks associated with liabilities, commitments, Investments, assets or mitigate risks to which the Borrower property held or any Subsidiary is exposed in the conduct of its business reasonably anticipated and not for speculative purposes or the management of its liabilitiestaking a “market view”.

Appears in 1 contract

Samples: Credit Agreement (Golden Entertainment, Inc.)

Swap Agreements. The Borrower will not, and will not permit any of its Restricted Subsidiaries to, enter into any Swap Agreement, other than Swap Agreements entered into with any of the Lenders or an Affiliate of any Lender or in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Restricted Subsidiary is exposed in the conduct of its business or the management of its liabilities.

Appears in 1 contract

Samples: Credit Agreement (HMS Holdings Corp)

Swap Agreements. The Borrower will not, and will not permit any of its Subsidiaries to, enter into any Swap Agreement, other than except Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary is exposed in the conduct of its business or the management of its liabilitiesfor bona fide hedging purposes and not for speculative purposes.

Appears in 1 contract

Samples: Credit Agreement (Priceline Com Inc)

Swap Agreements. The Borrower will not, and will not permit any of its Subsidiaries Subsidiary to, enter into any Swap Agreement, other than (a) Swap Agreements required by Section 5.14 and (b) Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary is exposed in the conduct of its business or the management of its liabilities.

Appears in 1 contract

Samples: Credit Agreement (Epmr Corp)

Swap Agreements. The Borrower will not, and will not permit any of its Subsidiaries to, enter into any Swap Agreement, other than except (a) Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary is exposed has actual or potential exposure (other than those in respect of Equity Interests of the conduct Borrower or any of its business Subsidiaries), and (b) Interest Rate Swap Agreements with respect to any interest-bearing liability or investment of the management of its liabilitiesBorrower or any Subsidiary.

Appears in 1 contract

Samples: Security Agreement (Fuller H B Co)

Swap Agreements. The Borrower will not, and will not permit any of its Subsidiaries to, enter into any Swap Agreement, other than Swap Agreements entered into with any of the Lenders (or any Affiliates thereof) or in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary is exposed in the conduct of its business or the management of its liabilities.

Appears in 1 contract

Samples: Credit Agreement (Teleflex Inc)

Swap Agreements. The Borrower will not, and will not permit any of its Subsidiaries to, enter into any Swap Agreement, other than Swap Agreements except Hedging Contracts entered into in the ordinary course of business with any Hedging Creditor to hedge or mitigate bona fide risks to which the Borrower or any such Subsidiary is exposed in the conduct of with respect to its business or the management of its liabilitiesassets which, in each case, is not for speculative purposes.

Appears in 1 contract

Samples: Credit Agreement (Medco Health Solutions Inc)

Swap Agreements. The Borrower will not, and will shall not permit any of its Subsidiaries to, enter into any Swap Agreement, other than Swap Agreements entered into with the Bank in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary is exposed in the conduct of its business or the management of its liabilities.

Appears in 1 contract

Samples: Credit Agreement (Lincoln Educational Services Corp)

Swap Agreements. The Borrower will not, and will not permit any of its Subsidiaries Subsidiary to, enter into any Swap Agreement, other than except Swap Agreements entered into in connection with the ordinary course hedging program of business to hedge or mitigate risks to which the Borrower or any such Subsidiary is exposed in approved by the conduct Board of its business Directors of the Borrower or the management of its liabilitiessuch Subsidiary.

Appears in 1 contract

Samples: Credit Agreement (E Trade Financial Corp)

Swap Agreements. The Borrower will not, and will not permit any of its Subsidiaries to, enter into any Swap Agreement, other than Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary is exposed in the conduct of its business or the management of its liabilities.except for non-speculative purposes. SECTION 6.06

Appears in 1 contract

Samples: Credit Agreement (Clear Secure, Inc.)

Swap Agreements. The Borrower will not, and will not permit any of its Restricted Subsidiaries to, enter into any Swap Agreement, other than except Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary of its Restricted Subsidiaries is exposed in the conduct of its business or the management of its liabilitiesliabilities or in connection with the repurchase of any Equity Interests of the Borrower to the extent permitted by Section 6.07.

Appears in 1 contract

Samples: Credit Agreement (Trinity Industries Inc)

Swap Agreements. The Borrower will not, and will not permit any of its Subsidiaries to, enter into any Swap Agreement, other than except Swap Agreements entered into in the ordinary course of business to hedge or mitigate in connection with Permitted Acquisitions and consistent with prudent business practice for the purpose of hedging or mitigating risks to which the Borrower associated with fluctuations in interest rates or any Subsidiary is exposed in the conduct of its business or the management of its liabilitiesforeign exchange rates.

Appears in 1 contract

Samples: Credit Agreement (Radiant Systems Inc)

Swap Agreements. The Borrower will not, and will not permit any of its Subsidiaries Subsidiary to, enter into any Swap Agreement, Agreements with any Person other than Swap Agreements which are entered into in the ordinary course of business and not for speculative purposes and which are subject to hedge a Swap Intercreditor Agreement to the extent that the terms of such Swap Agreement require any Loan Party to post margin or mitigate risks collateral in order to which secure the Borrower or any Subsidiary is exposed obligations in the conduct respect of its business or the management of its liabilitiessuch Swap Agreement.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (U.S. Well Services, Inc.)

Swap Agreements. The Borrower will not, and nor will not the Borrower permit any of its Restricted Subsidiaries or any Sponsored Partnership to, enter into any Swap Agreement, other than except the Existing Swap Agreements and Swap Agreements entered into in the ordinary course of business to hedge or mitigate risks to which the Borrower or any Subsidiary is exposed in the conduct of its business or the management of its liabilities.and not for speculative purposes to:

Appears in 1 contract

Samples: Credit Agreement (Petroleum Development Corp)

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