Common use of Speculative Transactions Clause in Contracts

Speculative Transactions. Engage, or permit any of its Subsidiaries to engage, in any transaction involving commodity options or futures contracts or derivatives or any similar speculative transactions, except for Bank Hedge Agreements.

Speculative Transactions. Engage, or permit any of its Subsidiaries to engage, in any transaction involving commodity options or futures contracts or derivatives or any similar speculative transactions, except for Bank transactions other than Hedge AgreementsAgreements permitted under Section 5.02(b).

Speculative Transactions. Engage, or permit any of its Subsidiaries to engage, in any transaction involving commodity options or futures contracts or derivatives or any similar speculative transactions, except for Bank Hedge AgreementsAgreements expressly permitted under Section 5.13.

Speculative Transactions. Engage, or permit any of its their Subsidiaries to engage, in any transaction involving commodity options or futures contracts or derivatives or any similar speculative transactions, except for Bank Hedge AgreementsAgreements expressly permitted under Section 5.14 and except for foreign exchange contracts entered into for the benefit of the Borrowers and their Subsidiaries in the ordinary course of business and not as a speculation.

Speculative Transactions. Engage, or permit any of its Subsidiaries to engage, in any transaction involving commodity options or futures contracts or derivatives or any similar speculative transactions, except for Bank Hedge AgreementsSwap Contracts expressly permitted under Section 7.15 or Section 8.02(c)(v).

Speculative Transactions. Engage, or permit any of its Subsidiaries to engage, in any transaction involving commodity options or futures contracts or derivatives or any similar speculative transactions, except for Bank other than Hedge AgreementsAgreements permitted by Section 7.2(b)(iii)(E).