Hedge Arrangements. Enter into or permit to be outstanding at any time (a) any Hedge Arrangement for speculative purposes (provided, for greater clarity, the Borrowers may enter into Hedge Arrangements in respect of interest rate swaps relating to Indebtedness in the normal course of business), or (b) a Qualifying Hedge Arrangement that would result in the aggregate amount of all Qualifying Hedge Arrangements exceeding a notional or face amount equal to the Commitment.
Hedge Arrangements. The Borrower shall not, and shall not permit any Material Subsidiary to, enter into any Hedge Arrangement, except:
Hedge Arrangements. Enter into any Interest Rate Hedge or Foreign Currency Hedge except in the Ordinary Course of Business and not for speculative purposes.
Hedge Arrangements. No Group Party shall enter into or permit to be outstanding at any time any Hedge Arrangement, other than Hedge Arrangements in the ordinary course of business (and not for speculative purposes) to hedge interest rate, foreign exchange and commodity risks.
Hedge Arrangements. The Borrower shall not, and shall not permit any other Credit Party to, enter into any Hedge Arrangement, except Hedge Arrangements entered into in order to hedge or mitigate risks to which any Credit Party has actual exposure and not for speculative purposes. Tahoe Resources Inc. - Credit Agreement
Hedge Arrangements. The Borrower shall not, and shall not permit any other Credit Party to, enter into any Hedge Arrangement, except:
Hedge Arrangements. Enter into any Hedge Arrangement other than on commercially reasonable terms and for commercially reasonable purposes in connection with the Business and not for speculative purposes.
Hedge Arrangements. (a) Borrowers default under any of their obligations (beyond notice and cure periods) under any Hedge Agreement or the Hedge Agreement Pledge, or (b) Borrowers fail to comply with any of their obligations in Section 9.27.
Hedge Arrangements. At the reasonable request of the Lender, review its hedge program with the Lender (it being acknowledged and agreed that, at a minimum, it shall be reasonable for the Lender to make such a request on an annual basis).
Hedge Arrangements. Enter into any Hedge Arrangement other than any Hedge Arrangement that is, at the time it is entered, a Qualifying Hedge Arrangement.
