Common use of Treasury Transactions Clause in Contracts

Treasury Transactions. No Obligor shall (and the Company will procure that no other member of the Group will) enter into any Treasury Transaction, other than: (a) the hedging transactions documented by the Hedging Documents in accordance with the Hedging Letter; (b) spot and forward delivery foreign exchange contracts entered into in the ordinary course of business and not for speculative purposes; and (c) any Treasury Transaction entered into for the hedging of actual or projected real exposures arising in the ordinary course of trading activities of a member of the Group and not for speculative purposes.

Treasury Transactions. No Obligor shall (and the Company will procure that no other member members of the Group will) enter into any Treasury Transaction, other than: (a) the hedging transactions any Treasury Transaction documented by a Hedging Agreement provided that such Hedging Agreement is entered into in the Hedging Documents in accordance with the Hedging Letterordinary course of business and not for speculative purposes; (b) spot and forward delivery foreign exchange contracts entered into in the ordinary course of business and not for speculative purposes; and (c) any Treasury Transaction entered into for the hedging of actual or projected real exposures arising in the ordinary course of trading activities of a member of the Group business and not for speculative purposes.

Treasury Transactions. No Obligor shall (and the Company will procure ensure that no other member of the Group will) enter into any Treasury Transaction, other than: (a) the hedging transactions contemplated by the Hedging Letter and documented by the Hedging Documents in accordance with the Hedging LetterAgreements; (b) spot and forward delivery foreign exchange contracts entered into in the ordinary course of business and not for speculative purposes; and (c) any Treasury Transaction entered into for the hedging of actual or projected real exposures arising in the ordinary course of trading activities of a member of the Group and not for speculative purposes.