Hedge Transactions. The Borrowers and the Restricted Subsidiaries will enter into or become obligated with respect to Hedge Agreements only in the ordinary course of business to hedge or protect against actual or reasonably anticipated exposures and not for speculation.
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Samples: Credit Agreement (Freeport McMoran Resource Partners Limited Partnership), Credit Agreement (Freeport McMoran Copper & Gold Inc), Credit Agreement (Freeport McMoran Inc)
Hedge Transactions. The Borrowers Borrower and the Restricted Subsidiaries will shall enter into or become obligated with respect to Hedge Agreements only in the ordinary course of business to hedge or protect against actual or reasonably anticipated exposures and not for speculation.
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Hedge Transactions. The Borrowers Borrower, the Guarantor and the Restricted Subsidiaries will shall enter into or become obligated with respect to Hedge Agreements only in the ordinary course of business to hedge or protect against actual or reasonably anticipated exposures and not for speculation.
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