Swap Contracts. The Borrower shall not, and shall not permit any Subsidiary to, enter into any Swap Contract, other than Swap Contracts incurred to hedge bona fide business risks and not for speculative purposes.
Appears in 4 contracts
Samples: Credit Agreement (Hanger, Inc.), Credit Agreement (Hanger, Inc.), Credit Agreement (Hanger Orthopedic Group Inc)
Swap Contracts. The Borrower shall not, and shall not permit any Subsidiary to, to enter into any Swap ContractContracts, other than Swap Contracts incurred entered into to hedge bona fide or mitigate risks to which the Borrower or any Subsidiary is exposed in the conduct of its business risks and or the management of its liabilities but not for speculative purposes. This Section 7.11 shall not prohibit Swap Contracts in which the Borrower xxxxxx the issuance price of its Limited Partnership Units in connection with an anticipated offering of additional Limited Partnership Units.
Appears in 3 contracts
Samples: Term Loan Agreement (ONEOK Partners LP), Term Loan Agreement (Oneok Inc /New/), Credit Agreement (ONEOK Partners LP)
Swap Contracts. The Borrower shall not, and shall not permit any Subsidiary to, enter into any Swap Contract, other than Swap Contracts incurred to hedge bona fide except in the ordinary course of business for the purpose of directly managing risks and not for speculative purposesassociated with liabilities, commitments, investments, assets, or property held or reasonably anticipated by such Person, or changes in the value of securities issued by such Person.
Appears in 3 contracts
Samples: Credit Agreement (Citgo Petroleum Corp), Credit Agreement (Citgo Petroleum Corp), Term Loan Agreement (Citgo Petroleum Corp)
Swap Contracts. The Borrower shall not, and nor shall not its permit any Subsidiary to, enter into or permit to exist any obligations under any Swap Contracts except Swap Contracts entered into in the ordinary course of business and for the purpose of mitigating risks associated with liabilities, commitments, investments, assets, or property of the person entering into such Swap Contract, other than Swap Contracts incurred to hedge bona fide business risks and not for speculative purposespurposes of speculation. ARTICLE VIII.
Appears in 2 contracts
Samples: Credit Agreement (Enbridge Energy Partners Lp), Assignment and Acceptance Agreement (Enbridge Energy Partners Lp)
Swap Contracts. The Borrower shall not, and nor shall not its permit any Subsidiary to, enter into or permit to exist any obligations under any Swap Contract, other than Swap Contracts incurred to hedge bona fide business risks and not for speculative purposespurposes of speculation.
Appears in 2 contracts
Samples: Credit Agreement (Enbridge Energy Partners Lp), Credit Agreement (Enbridge Energy Partners Lp)
Swap Contracts. The Borrower shall will not, and shall will not permit any Subsidiary to, enter into any Swap ContractContracts, other than Swap Contracts incurred to hedge bona fide business risks and that are otherwise entered into not for speculative purposes, in respect of changes in interest rates, commodity prices or foreign exchange rates.
Appears in 2 contracts
Samples: Credit Agreement (CONE Midstream Partners LP), Credit Agreement (CONE Midstream Partners LP)
Swap Contracts. The Borrower shall not, and shall not permit any Subsidiary to, enter into create, incur, assume or suffer to exist any Swap Contract, other than obligations under Swap Contracts incurred to hedge bona fide business risks and not except for speculative purposesPermitted Swap Obligations.
Appears in 1 contract
Samples: Bridge Credit Agreement (Lance Inc)
