Common use of Derivatives Clause in Contracts

Derivatives. No Restricted Party shall: (i) enter into Derivatives of any kind (without limiting Section 8.6(d)(ii) and Section 8.6(d)(iii)) except: (A) (I) if the Derivatives are entered into with Lenders or Affiliates of Lenders, or with other Persons on an unsecured basis; and

Appears in 8 contracts

Sources: Credit Agreement (Hudbay Minerals Inc.), Credit Agreement (Hudbay Minerals Inc.), Amending Agreement (Hudbay Minerals Inc.)

Derivatives. No Restricted Party shall: (i) enter into Derivatives of any kind (without limiting Section 8.6(d)(ii8.5(d)(ii) and Section 8.6(d)(iii8.5(d)(iii)) except: (A) (I) if the Derivatives are entered into with Lenders or Affiliates of Lenders, or with other Persons on an unsecured basis; and

Appears in 1 contract

Sources: Credit Facility Agreement (HudBay Minerals Inc.)