Common use of No Speculative Transactions Clause in Contracts

No Speculative Transactions. The Borrower shall not, nor shall it permit any Subsidiary of the Borrower to, engage in any speculative transaction or in any transaction involving Hedging Contracts except as required by Section 7.15 (Interest Rate Contract) or for the sole purpose of hedging in the normal course of business and not for speculative purposes.

No Speculative Transactions. The Borrower shall not, nor shall it permit any Subsidiary of the Borrower to, engage in any speculative transaction or in any transaction involving Hedging Contracts except as required by Section 7.15 (Interest Rate Contract) or for the sole purpose of hedging in the normal course of business and not for speculative purposesconsistent with industry practices.

No Speculative Transactions. The Borrower shall not, nor and shall it not permit any Subsidiary of the Borrower its Subsidiaries to, engage in any speculative transaction or in any transaction involving Hedging Contracts except as required by Section 7.15 7.14 (Interest Rate ContractContracts) or for the sole purpose of hedging in the normal course of business and not for speculative purposesconsistent with industry practices.

No Speculative Transactions. The Borrower shall not, nor shall it permit any Subsidiary of the Borrower to, engage in any speculative transaction or in any transaction involving Hedging Contracts except as required by Section 7.15 (Interest Rate Contract) Agreements or Currency Agreements except for the sole purpose of hedging in the normal course of business and not for speculative purposesconsistent with industry practices.

No Speculative Transactions. The Borrower shall not, nor shall it permit any Subsidiary of the Borrower to, engage in any speculative transaction or in any transaction involving Hedging Contracts except as required by Section 7.15 (Interest Rate Contract) for Hedging Contracts with Lenders or Affiliates of Lenders for the sole purpose of hedging in the normal course of business and not for speculative purposesconsistent with industry practices.

No Speculative Transactions. The Borrower shall not, nor and shall it not permit any Subsidiary of the Borrower to, engage in any speculative transaction or in any transaction involving Hedging Contracts except as required by Section 7.15 7.14 (Interest Rate ContractContracts) or for the sole purpose of hedging in the normal course of business and not for speculative purposesconsistent with the practices of companies similarly situated to the Borrower.

No Speculative Transactions. The Neither Holdings nor the Borrower shall, or shall not, nor shall it permit any Subsidiary of the Borrower their Subsidiaries to, engage in any speculative transaction or in any transaction involving Hedging Contracts except as required by Section 7.15 7.14 (Interest Rate ContractContracts) of the Existing Credit Agreement or for the sole purpose of hedging (a) in the normal course of business or (b) in connection with the Acquisition and not for speculative purposesin any event consistent with industry practices.

No Speculative Transactions. The Borrower shall not, nor shall it permit any Subsidiary of the Borrower to, engage in any speculative transaction or in any transaction involving Hedging Contracts except as required by Section 7.15 (Interest Rate Contract) or for the sole purpose of hedging in the normal course of business and not for speculative purposesconsistent with industry practices. AMENDED AND RESTATED CREDIT AGREEMENT KNOLOGY, INC.