Common use of Speculative Transactions Clause in Contracts

Speculative Transactions. Engage, or permit any of its Subsidiaries to engage, in any transaction involving Swap Contracts, including commodity options or futures contracts, which are speculative in nature and not in the ordinary course of business.

Appears in 13 contracts

Samples: Credit Agreement (AdvanSix Inc.), Credit Agreement (AdvanSix Inc.), Credit Agreement (AdvanSix Inc.)

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Speculative Transactions. Engage, or permit any of its Subsidiaries to engage, in any transaction involving Swap Contracts, including commodity options or futures contractscontracts other than Swap Contracts permitted under Section 7.02(a)(A) or any similar speculative transactions, which are speculative are, in nature and any case, not otherwise made in the ordinary course of business.

Appears in 2 contracts

Samples: Credit Agreement (Ames True Temper, Inc.), Credit Agreement (Ames True Temper, Inc.)

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Speculative Transactions. Engage, or permit any of its Subsidiaries to engage, in enter into any transaction involving Swap Contracts, including Contract or any commodity options option or futures contracts, which are contract or similar transaction for speculative in nature and not in the ordinary course of businesspurposes.

Appears in 2 contracts

Samples: Second Lien Credit Agreement (Smart Balance, Inc.), First Lien Credit Agreement (Smart Balance, Inc.)

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