Common use of Speculation Clause in Contracts

Speculation. Borrower shall not invest for speculative purposes in any Hedge Transactions or in any other options, futures, or derivatives.

Appears in 3 contracts

Samples: Loan Agreement (Tengasco Inc), Armada Oil, Inc., Mesa Energy Holdings, Inc.

AutoNDA by SimpleDocs

Speculation. Borrower and Guarantors shall not invest for speculative purposes in any Hedge Transactions or in any other options, futures, or derivatives.

Appears in 3 contracts

Samples: Loan Agreement (Infinity Energy Resources, Inc), Loan Agreement (Infinity Energy Resources, Inc), Loan Agreement (Infinity Energy Resources, Inc)

AutoNDA by SimpleDocs

Speculation. Borrower Borrowers shall not invest for speculative purposes in any Hedge Transactions or in any other options, futures, or derivatives.

Appears in 1 contract

Samples: Loan Agreement (Platinum Energy Resources Inc)

Time is Money Join Law Insider Premium to draft better contracts faster.