No Speculative Transactions. Such Loan Party will not, and will not permit any of its Subsidiaries to, engage in any speculative transaction or in any transaction involving Hedging Contracts except for the sole purpose of hedging in the normal course of business and consistent with industry practices.
Appears in 3 contracts
Samples: Credit Agreement (Conseco Inc), Credit Agreement (Warnaco Group Inc /De/), Credit Agreement (Classic Cable Inc)
No Speculative Transactions. Such No Loan Party will notshall, and will not or permit any of its Subsidiaries to, engage in any speculative transaction or in any transaction involving Hedging Contracts or, except for the sole purpose of hedging in the normal course of business and consistent with industry practices, engage in any transaction involving commodity options or futures contracts.
Appears in 3 contracts
Samples: Credit Agreement (WHX Corp), Credit Agreement (WHX Corp), Credit Agreement (Wheeling Pittsburgh Corp /De/)
No Speculative Transactions. Such Loan Party will shall not, and will shall not permit any of its Subsidiaries to, engage in any speculative transaction or in any transaction involving Hedging Contracts except solely by the Loan Parties and with the Lenders, for the sole purpose of hedging in the normal course of business and consistent with industry practicespractices and not for any speculative purpose.
Appears in 2 contracts
Samples: Entire Agreement (Greenville Tube CO), Loan Agreement (Pliant Corp)
No Speculative Transactions. Such Loan Party will shall not, and will shall not permit any of its Subsidiaries to, engage in any speculative transaction or in any transaction involving Hedging Contracts except for the sole purpose of hedging in the normal course of business and consistent with industry practices.
Appears in 2 contracts
Samples: Friedmans Inc, Friedmans Inc
No Speculative Transactions. Such No Loan Party will notshall, and will not nor shall it permit any of its Subsidiaries to, engage in any speculative transaction or in any transaction involving Hedging Contracts except for the sole purpose of hedging in the normal course of business and consistent with industry practices.
Appears in 1 contract
No Speculative Transactions. Such Loan Party will not, and will not permit any of its Subsidiaries to, engage in any speculative transaction or in any transaction involving Hedging Contracts except for the sole purpose of hedging in the normal course of business and consistent with industry practicescontracts.
Appears in 1 contract
No Speculative Transactions. Such The Loan Party will not, Parties shall not and will shall not permit any of its their respective Subsidiaries to, to engage in any speculative transaction or in any transaction involving Hedging Contracts commodity options or futures contracts except for the sole purpose of hedging in the normal course of business and consistent with industry practices.
Appears in 1 contract
Samples: Credit and Guaranty Agreement (BMJ Medical Management Inc)
