Currency Hedging Transactions definition
Currency Hedging Transactions means all contracts, agreements or arrangements designed to protect against fluctuations in currency exchange rates entered into in the ordinary course of the Permitted Business and, in any case, not for speculative purposes.
Currency Hedging Transactions means all contracts, agreements or arrangements designed to protect against fluctuations in currency exchange rates entered into in the ordinary course of business and, in any case, not for speculative purposes.
Examples of Currency Hedging Transactions in a sentence
Neither the Borrower nor any Restricted Subsidiary shall engage in any speculative Hedging Transactions except (i) as set forth in the definition of Commodity Hedging Transactions and (ii) Interest Rate Hedging Transactions and Currency Hedging Transactions for the sole purpose of hedging in the normal course of the Permitted Business.