Common use of Adverse or Speculative Transactions Clause in Contracts

Adverse or Speculative Transactions. The Borrower shall not and shall not permit any of its Subsidiaries or Eligible Joint Ventures to engage in any transaction involving contracts for commodity options or futures contracts other than Interest Rate Contracts and Alternative Currency Contracts.

Appears in 3 contracts

Samples: Credit Agreement (Felcor Hotel Asset Co LLC), Loan Agreement (Felcor Lodging Trust Inc), Credit Agreement (Felcor Lodging Trust Inc)

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Adverse or Speculative Transactions. The Borrower shall not and shall not permit any of its Subsidiaries or Eligible Joint Ventures to engage in any transaction involving contracts for commodity options or futures contracts other than Interest Rate Contracts and Alternative Currency Contracts.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Felcor/Lax Holdings Lp), Revolving Credit Agreement (Felcor Suite Hotels Inc), Revolving Credit Agreement (Felcor Suite Hotels Inc)

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