Common use of Risk Management Agreements Clause in Contracts

Risk Management Agreements. The Borrower shall not, and shall not suffer or permit any other Subject Entity to, enter into any Risk Management Agreement for speculative purposes, with any counterparty on a margined basis or which is not settled at the original maturity date thereof.

Appears in 1 contract

Samples: Credit Agreement (Endeavour Silver Corp)

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Risk Management Agreements. The Borrower shall not, and shall not suffer or permit any other Subject Entity to, enter into any Risk Management Agreement for speculative purposes, with any counterparty on a margined basis or which is not settled at the original maturity date thereof.

Appears in 1 contract

Samples: Credit Agreement (Endeavour Silver Corp)

Risk Management Agreements. The Borrower shall not, and shall not suffer or permit any other Subject Entity to, enter into any Risk Management Agreement for speculative purposes, with any counterparty on a margined or secured basis or (other than a Secured Risk Management Agreement which, for certainty, shall be permitted), which is not settled at the original maturity date thereofthereof or which constitutes a Restricted Forward Sale Transaction.

Appears in 1 contract

Samples: Credit Agreement (Silvercrest Mines Inc)

Risk Management Agreements. The Borrower shall not, and shall not suffer or permit any other Subject Entity Obligor to, enter into any Risk Management Agreement for speculative purposes, any Risk Management Agreement with any counterparty on a margined basis or which basis, any Risk Management Agreement with a counterparty that is not settled at the original maturity date thereofa Lender or a Qualified Affiliate (unless it is on an unsecured basis).

Appears in 1 contract

Samples: Agreement (Primero Mining Corp)

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Risk Management Agreements. The Borrower shall not, and shall not suffer or permit any other Subject Entity Company to, enter into any Risk Management Agreement for speculative purposes, any Risk Management Agreement with any counterparty on a margined basis basis, or which is not settled at the original maturity date thereofany Risk Management Agreement with a non-Lender (other than a Qualified Affiliate).

Appears in 1 contract

Samples: Credit Agreement (Lake Shore Gold Corp)

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