Common use of Limitations on Currency and Commodity Hedging Transactions Clause in Contracts

Limitations on Currency and Commodity Hedging Transactions. Enter into, purchase or otherwise acquire agreements or arrangements relating to currency, commodity or other hedging except, to the extent and only to the extent that, such agreements or arrangements are entered into, purchased or otherwise acquired in the ordinary course of business of any Borrower or any Subsidiary with reputable financial institutions and not for purposes of investment or speculation (any such agreement or arrangement permitted by this subsection, a "PERMITTED HEDGING ARRANGEMENT").

Limitations on Currency and Commodity Hedging Transactions. Enter into, purchase or otherwise acquire agreements or arrangements relating to currency, commodity or other hedging except, to the extent and only to the extent that, such agreements or arrangements are entered into, purchased or otherwise acquired in the ordinary course of business of any the Borrower or any Subsidiary of its Subsidiaries with reputable financial institutions and not for purposes of investment or speculation (any such agreement or arrangement permitted by this subsection, a "PERMITTED HEDGING ARRANGEMENTPermitted Hedging Arrangement").

Limitations on Currency and Commodity Hedging Transactions. Enter into, purchase or otherwise acquire agreements agreement or arrangements relating to currency, commodity or other hedging except, to the extent and only to the extent that, such agreements or arrangements are entered into, purchased or otherwise acquired in the ordinary course of business of any the Borrower or any Subsidiary of its Subsidiaries with reputable financial institutions and not for purposes of investment or speculation (any such agreement or arrangement permitted by this subsectionSection, a "PERMITTED HEDGING ARRANGEMENT").

Limitations on Currency and Commodity Hedging Transactions. Enter into, purchase or otherwise acquire agreements or arrangements relating to currency, commodity or other hedging except, to the extent and only to the extent that, such agreements or arrangements are entered into, purchased or otherwise acquired in the ordinary course of business of any the Borrower or any Subsidiary of its Subsidiaries with reputable financial institutions and not for purposes of investment or speculation (any such agreement or arrangement permitted by this subsection, a "PERMITTED HEDGING ARRANGEMENT").