Common use of Limitation on Hedge Agreements Clause in Contracts

Limitation on Hedge Agreements. The Borrower will not, and will not permit any of the Consolidated Subsidiaries to, enter into any Hedge Agreement other than Hedge Agreements entered into in the ordinary course of business.

Appears in 5 contracts

Samples: Loan Agreement (Unisource Energy Corp), Credit Agreement (Tucson Electric Power Co), Letter of Credit and Reimbursement Agreement (Unisource Energy Corp)

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Limitation on Hedge Agreements. The Borrower will not, and will not permit any of the Consolidated Subsidiaries to, enter into any Hedge Agreement other than Hedge Agreements entered into in the ordinary course of business.

Appears in 2 contracts

Samples: Credit Agreement (Tucson Electric Power Co), Credit Agreement (Tucson Electric Power Co)

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Limitation on Hedge Agreements. The Borrower will shall not, and will shall not permit any of the Consolidated Subsidiaries other Borrower Group Member to, enter into any Hedge Agreement Agreements other than Hedge Interest Hedging Agreements, Currency Hedging Agreements entered into in the ordinary course of business.and Commodity Hedging Agreements ...

Appears in 1 contract

Samples: Credit Agreement

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