Common use of Hedge Contracts Clause in Contracts

Hedge Contracts. Enter into any Hedge Contracts with a Lender or any other Person, other than non-speculative interest rate, U.S. Dollar exchange rate or commodities Hedge Contracts entered into for the purpose of mitigating the risk to a Borrower or any of its Subsidiaries from interest rate, U.S. Dollar exchange rate and commodities price fluctuations.

Appears in 2 contracts

Samples: Credit Agreement (Quebecor Media Inc), Credit Agreement (Quebecor Media Inc)

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Hedge Contracts. Enter into any Hedge Contracts with a Lender or any other Person, other than non-non- speculative interest rate, U.S. Dollar exchange rate or commodities Hedge Contracts entered into for the purpose of mitigating the risk to a the Borrower or any of its Subsidiaries Guarantor from interest rate, U.S. Dollar rate and foreign exchange rate fluctuations; provided that any such Hedge Contracts are (i) not subject to margin requiring the pledge of cash collateral, and commodities price fluctuations(ii) not secured if the counterparty is not a Lender.

Appears in 1 contract

Samples: Credit Agreement (Tricon Residential Inc.)

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Hedge Contracts. Enter into any Hedge Contracts with a Lender or any other Person, other than non-speculative interest rate, U.S. Dollar exchange rate or commodities Hedge Contracts entered into for the purpose of mitigating the risk to a the Borrower or any of its Subsidiaries Guarantor from interest rate, U.S. Dollar rate and foreign exchange rate fluctuations; provided that any such Hedge Contracts are (i) not subject to margin requiring the pledge of cash collateral, and commodities price fluctuations(ii) not secured if the counterparty is not a Lender.

Appears in 1 contract

Samples: Credit Agreement (Tricon Residential Inc.)

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