Common use of No Speculative Transactions Clause in Contracts

No Speculative Transactions. Each of Group and the Borrower will not, and will not permit any of its respective 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.

No Speculative Transactions. Each of Group and each of the Borrower Borrowers will not, and will not permit any of its their respective 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 risk with respect to interest rates, currency exchange rates and commodity prices or otherwise consistent with industry practicespractice.