No Speculative Transactions. Neither the Borrower nor any of its Subsidiaries shall 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 (Tecumseh Products Co), Credit Agreement (Tecumseh Products Co), Tecumseh Products Co
No Speculative Transactions. Neither the No Borrower shall, nor shall any Borrower permit any of its Subsidiaries shall to, engage in any speculative transaction or in any transaction involving Hedging Contracts except as for the sole purpose of hedging in the normal course of business and consistent with industry practices.
Appears in 2 contracts
Samples: Credit Agreement (S&c Holdco 3 Inc), Credit Agreement (S&c Resale Co)
No Speculative Transactions. Neither None of the Borrower Borrowers shall, nor shall they permit any of its their respective Subsidiaries shall to, engage in (a) any speculative transaction or (b) in any transaction involving Hedging Contracts Contracts, except for the sole purpose of hedging in the normal course of business and consistent with industry practices.. 105
Appears in 2 contracts
Samples: Credit Agreement (Novelis Inc.), Credit Agreement (Novelis Inc.)
No Speculative Transactions. Neither the Borrower Company nor any Borrower shall, nor shall they permit any of its their respective Subsidiaries shall 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: Credit Agreement (Suntron Corp), Credit Agreement (Suntron Corp)
No Speculative Transactions. Neither Holdings nor the Borrower shall, nor shall they permit any of its their respective Subsidiaries shall to, engage in any speculative transaction or in any transaction involving Hedging Contracts except as required for the sole purpose of hedging in the normal course of business and consistent with industry practices.
Appears in 2 contracts
Samples: Credit Agreement (Hayes Lemmerz International Inc), Credit Agreement (Hli Operating Co Inc)
