Swap Contracts. Enter into any Swap Contract other than Swap Contracts entered into in the Ordinary Course of Business, and not for speculative purposes, to protect against changes in interest rates or foreign exchange rates.
Appears in 5 contracts
Samples: Credit Agreement (Nabors Industries LTD), Loan Credit Agreement (Nabors Industries LTD), Credit Agreement (Parker Drilling Co /De/)
Swap Contracts. Enter into any Swap Contract Contract, other than Swap Contracts entered into in the Ordinary Course ordinary course of Business, and not for speculative purposes, business to protect against changes hedge or mitigate risks to which the Loan Parties or any of their respective Subsidiaries are exposed in interest rates the conduct of their respective businesses or foreign exchange ratesthe management of their respective liabilities.
Appears in 3 contracts
Samples: Credit Agreement (Dennys Corp), Credit Agreement (Dennys Corp), Credit Agreement (Dennys Corp)
Swap Contracts. Enter into any Swap Contract other than Swap Contracts entered into in the Ordinary Course ordinary course of Businessbusiness, and not for speculative purposes, to protect against changes in interest rates or foreign exchange rates.
Appears in 3 contracts
Samples: Credit Agreement (Parker Drilling Co /De/), Term Loan Agreement (Parker Drilling Co /De/), Credit Agreement (Parker Drilling Co /De/)
Swap Contracts. Enter into any Swap Contract Contracts other than Swap Contracts entered into in the Ordinary Course ordinary course of Business, and not business for speculative purposes, to protect the purpose of protecting against changes fluctuations in interest rates or foreign exchange ratesrates and not for purposes of speculation; provided that the Swap Contract shall not contain any provision exonerating the non-defaulting party from its obligation to make payments on outstanding transactions to the defaulting party.
Appears in 2 contracts
Samples: Credit Agreement (Allis Chalmers Energy Inc.), Credit Agreement (Allis Chalmers Energy Inc.)
Swap Contracts. Enter into any Swap Contract other than Swap Contracts entered into in the Ordinary Course ordinary course of Business, business and not for speculative purposes, to protect against changes in interest rates or foreign exchange ratespurposes on terms which are consistent with the past practices of the Loan Parties.
Appears in 2 contracts
Samples: Credit Agreement (Heritage-Crystal Clean, Inc.), Credit Agreement (Heritage-Crystal Clean, Inc.)
Swap Contracts. Enter into any Swap Contract other than Swap Contracts entered into in the Ordinary Course ordinary course of Businessbusiness, and not for speculative purposes, to protect against changes in interest rates or foreign exchange rates.
Appears in 1 contract
