Financial Contracts. The Borrower will not, nor will it permit any Subsidiary to, enter into or remain liable upon any Financial Contract for purposes of financial speculation.
Appears in 8 contracts
Samples: Credit Agreement (Lancaster Colony Corp), Credit Agreement (Lancaster Colony Corp), Credit Agreement (Lancaster Colony Corp)
Financial Contracts. The Borrower will not, nor will it permit any Subsidiary to, enter into or remain liable upon any Financial Contract for purposes of financial speculationContract, except Financial Contracts pursuant to which the Borrower or any Subsidiary has hedged its reasonably estimated interest rate, foreign currency or commodity exposure.
Appears in 4 contracts
Samples: Credit Agreement (Bio Rad Laboratories Inc), Credit Agreement (Bio Rad Laboratories Inc), Credit Agreement (Bio Rad Laboratories Inc)
Financial Contracts. The Borrower will not, nor will it permit any Subsidiary to, enter into or remain liable upon any Financial Contract for purposes of financial speculationContract.
Appears in 4 contracts
Samples: Credit Agreement (Orchids Paper Products CO /DE), Credit Agreement (Orchids Paper Products CO /DE), Credit Agreement (Orchids Paper Products CO /DE)
Financial Contracts. The Borrower will not, nor and will it not permit any Subsidiary to, enter into or remain liable upon a party to any Financial Contract for purposes of financial speculation, provided that hedging by the Borrower or any of its Subsidiaries of their own interest rate or foreign currency exposure shall not be deemed financial speculation.
Appears in 3 contracts
Samples: Credit Agreement (Tecumseh Products Co), Credit Agreement (Tecumseh Products Co), Bridge Credit Agreement (Tecumseh Products Co)
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 for purposes of financial speculationContract.
Appears in 3 contracts
Samples: Credit Agreement (Airnet Systems Inc), Credit Agreement (Airnet Systems Inc), Credit Agreement (Airnet Systems Inc)
Financial Contracts. The Borrower Borrowers will not, nor will it permit any Subsidiary to, enter into or remain liable upon any Financial Contract Contract, except for purposes of financial speculationFinancial Contracts with the Lender.
Appears in 1 contract
Financial Contracts. The Borrower will not, nor will it permit any Subsidiary to, enter into or remain liable upon any Financial Contract for purposes of financial speculation. 6.
Appears in 1 contract
