Common use of Interest Rate Agreements and Currency Agreements Clause in Contracts

Interest Rate Agreements and Currency Agreements. The Borrower shall not, and shall not permit any of its Subsidiaries to, enter into any Interest Rate Agreement or Currency Agreement after the Effective Date except Interest Rate Agreements and Currency Agreements entered into to hedge or manage bona fide risks to which the Borrower or any such Subsidiary is exposed in the conduct of its business or the management of its liabilities (and, in any event, not for speculative purposes).

Interest Rate Agreements and Currency Agreements. The Borrower shall not, and shall not permit any of its Subsidiaries to, enter into any Interest Rate Agreement or Currency Agreement after the Effective Date except Interest Rate Agreements and Currency Agreements entered into in the ordinary course of business (and not for speculative purposes) to hedge or manage bona fide risks to which the Borrower or any such Subsidiary is exposed in the conduct of its business or the management of its liabilities (and, in any event, not for speculative purposes)liabilities.