Common use of Limitations on Foreign Exchange Arrangements Clause in Contracts

Limitations on Foreign Exchange Arrangements. The Borrower will not and will not permit any of its Subsidiaries to enter into any interest rate hedging or risk protection arrangements, foreign exchange risk protection arrangements, or currency risk protection arrangements which are not in the ordinary course of business or are for speculative purposes.

Appears in 3 contracts

Samples: Revolving Credit Agreement (Anacomp Inc), Revolving Credit Agreement (Anacomp Inc), Credit and Term Loan Agreement (Fargo Electronics Inc)

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Limitations on Foreign Exchange Arrangements. The Borrower Company will not and will not permit any of its Subsidiaries to enter into any interest rate hedging or risk protection arrangements, foreign exchange risk protection arrangements, or currency risk protection arrangements which are not in the ordinary course of business or are for speculative purposes.

Appears in 3 contracts

Samples: And Term Loan Agreement (Holmes Products Corp), Loan Agreement (Holmes Group Inc), Revolving Credit Agreement (Holmes Products Corp)

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Limitations on Foreign Exchange Arrangements. The Borrower will not not, and will not permit any of its Subsidiaries to to, enter into any interest rate hedging or risk protection arrangements, foreign exchange risk protection arrangements, or currency risk protection arrangements which are not in the ordinary course of business or are for speculative purposes.

Appears in 1 contract

Samples: Revolving Credit Agreement (Anacomp Inc)

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