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 Subsidiary 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 2 contracts

Samples: Revolving Credit Agreement (Flextronics International LTD), Revolving Credit Agreement (Flextronics International LTD)

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Limitations on Foreign Exchange Arrangements. The Borrower Borrowers will not and will not permit any of its their Subsidiary 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 (Flextronics International LTD)

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Limitations on Foreign Exchange Arrangements. The Borrower will not and will not permit any of its Subsidiary 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 except as contemplated by Section 9.14 or are for speculative purposes.. 75 -67-

Appears in 1 contract

Samples: Credit and Term Loan Agreement (Flextronics International LTD)

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