Financial Contracts. The Borrower will not, nor will it permit any Subsidiary to, enter into or remain liable upon any Rate Management Transactions except for those entered into in the ordinary course of business for bona fide hedging purposes and not for speculative purposes.
Appears in 18 contracts
Samples: Credit Agreement (Chemed Corp), Credit Agreement (Chemed Corp), Credit Agreement (Encore Capital Group Inc)
Financial Contracts. The Borrower will not, nor and will it not permit any Subsidiary to, enter into or remain liable upon any Rate Management Transactions except for those entered into (a) by the Borrower and its Subsidiaries in the ordinary course of business for bona fide hedging purposes and not for speculative purposespurposes and (b) by any SPV in connection with a Receivables Purchase Facility permitted hereunder.
Appears in 8 contracts
Samples: Credit Agreement (Patterson Companies, Inc.), Credit Agreement (Patterson Companies, Inc.), Credit Agreement (Patterson Companies, Inc.)
Financial Contracts. The Each Borrower will not, nor will it permit any Subsidiary of its Subsidiaries, to, enter into or remain liable upon any Rate Management Transactions except for those entered into in the ordinary course of business for bona fide hedging purposes and not for speculative purposes.
Appears in 7 contracts
Samples: Credit Agreement, Credit Agreement, Credit Agreement (Central Illinois Public Service Co)
Financial Contracts. The No Borrower will, or will not, nor will it permit any Subsidiary of its Subsidiaries, to, enter into or remain liable upon any Rate Management Transactions except for those entered into in the ordinary course of business for bona fide hedging purposes and not for speculative purposes.
Appears in 5 contracts
Samples: Credit Agreement (Ameren Energy Generating Co), Credit Agreement (Ameren Energy Generating Co), Credit Agreement (Ameren Energy Generating Co)
Financial Contracts. The Borrower will not, nor will it permit any Subsidiary to, enter into or remain liable upon any Financial Contract, except Rate Management Transactions except Hedging Agreements made for those entered into in the ordinary course of business for bona fide hedging purposes and not for speculative nonspeculative purposes.
Appears in 5 contracts
Samples: Credit Agreement (Shaw Group Inc), Credit Agreement (Shaw Group Inc), Credit Agreement (Shaw Group Inc)
Financial Contracts. The Borrower will not, nor will it permit any Restricted Subsidiary to, enter into or remain liable upon any Rate Management Transactions except for those entered into in the ordinary course of business for bona fide hedging purposes and not for speculative purposes.
Appears in 5 contracts
Samples: Credit Agreement (Encore Capital Group Inc), Credit Agreement (Encore Capital Group Inc), Credit Agreement (Encore Capital Group Inc)
Financial Contracts. The Borrower will not, nor will it permit any Subsidiary Subsidiary, to, enter into or remain liable upon any Rate Management Transactions except for those entered into in the ordinary course of business for bona fide hedging purposes and not for speculative purposes.
Appears in 4 contracts
Samples: Five Year Revolving Credit Agreement (Amerenenergy Generating Co), Revolving Credit Agreement (Union Electric Co), Three Year Revolving Credit Agreement (Amerenenergy Generating Co)
Financial Contracts. The Borrower will not, nor will it permit any Subsidiary to, enter into or remain liable upon any Financial Contract, except Rate Management Transactions except for those entered into in the ordinary course of business for bona fide hedging purposes and Obligations not for speculative purposesconstituting Indebtedness.
Appears in 4 contracts
Samples: Credit Agreement (Viad Corp), Credit Agreement (Viad Corp), Credit Agreement (Viad Corp)
Financial Contracts. The Borrower will not, nor will it permit any Subsidiary to, enter into or remain liable upon any Rate Management Transactions except for those entered into in the ordinary course of business for bona fide hedging purposes and not for speculative purposespurposes and Permitted Stock Transactions.
Appears in 3 contracts
Samples: Credit Agreement (Chemed Corp), Credit Agreement (Chemed Corp), Credit Agreement (Chemed Corp)
Financial Contracts. The Borrower will not, nor will it permit any Subsidiary to, enter into or remain liable upon any Financial Contract, except Rate Management Transactions except for those entered into in by the ordinary course Borrower or its Subsidiaries pursuant to which the Borrower or such Subsidiary has hedged its or its Subsidiaries reasonably estimated interest rate exposure and which are of business for bona fide hedging purposes and not for a non-speculative purposesnature.
Appears in 2 contracts
Samples: Credit Agreement (Roadway Corp), Credit Agreement (Roadway Express Inc)
Financial Contracts. The Borrower will not, nor will it permit any Subsidiary to, enter into or remain liable upon any Financial Contract, except Rate Management Transactions except for those entered into in the ordinary course of business for bona fide hedging purposes and not for speculative purposesHedging Agreements permitted hereunder.
Appears in 2 contracts
Samples: Credit Agreement (American Plumbing & Mechanical Inc), Credit Agreement (Miller Mechanical Contractors Inc)
Financial Contracts. The Borrower will not, nor will it permit any Subsidiary to, enter into or remain liable upon any Financial Contract, except (a) Rate Management Transactions except Hedging Agreements made for those nonspeculative purposes and (b) Financial Contracts in respect of commodities entered into in the ordinary course with any Lender or any Affiliate of business a Lender for bona fide hedging purposes and not for speculative nonspeculative purposes.
Appears in 2 contracts
Samples: Credit Agreement (Shaw Group Inc), Credit Agreement (Shaw Group Inc)
Financial Contracts. The Borrower will not, nor and will it not permit any Subsidiary of its Subsidiaries to, enter into or remain liable upon any Rate Management Transactions except for those entered into (i) by the Borrower and its Subsidiaries in the ordinary course of business for bona fide hedging purposes and not for speculative purposespurposes and (ii) by any SPV in connection with a Receivables Purchase Facility permitted hereunder.
Appears in 1 contract
Samples: Term Loan Credit Agreement (Patterson Companies, Inc.)
Financial Contracts. The Borrower will not, nor will it permit any Subsidiary ------------------- of its Subsidiaries to, enter into or remain liable upon any Financial Contract, other than Rate Management Transactions except for those entered into in related to the ordinary course of business for bona fide hedging purposes and not for speculative purposesLoans.
Appears in 1 contract
Samples: Credit Agreement (Nesco Inc/Ok)
Financial Contracts. The Borrower will not, nor will it permit any Subsidiary of its Subsidiaries, to, enter into or remain liable upon any Rate Management Transactions except for those entered into in the ordinary course of business for bona fide hedging purposes and not for speculative purposes.
Appears in 1 contract
Samples: Credit Agreement (Ameren Corp)
