Financial Contracts. No Loan Party will enter into or remain liable upon any Financial Contract, except for Financial Contracts entered into for the purpose of managing interest rate risks associated with Indebtedness of the Borrower and its Subsidiaries and other risks associated with the business of the Borrower and its Subsidiaries and not for speculative purposes.
Appears in 16 contracts
Sources: Credit Agreement (Millrose Properties, Inc.), Credit Agreement (Millrose Properties, Inc.), Credit Agreement (Horton D R Inc /De/)
Financial Contracts. No Loan Party will enter into or remain liable upon any Financial Contract, except for Financial Contracts entered into for the purpose of managing interest rate risks associated with Indebtedness of the Borrower and its Subsidiaries Toll Group and other risks associated with the business of the Borrower and its Subsidiaries Toll Group and not for speculative purposes.
Appears in 13 contracts
Sources: Credit Agreement (Toll Brothers, Inc.), Credit Agreement (Toll Brothers, Inc.), Credit Agreement (Toll Brothers, Inc.)
Financial Contracts. No Loan Party will enter into or remain liable upon any Financial Contract, except for Financial Contracts entered into for the purpose of managing interest rate risks associated with other Indebtedness of the Borrower and its Subsidiaries Loan Parties and other risks associated with the business of the Borrower and its Subsidiaries Loan Parties and not for speculative purposes.
Appears in 2 contracts
Sources: Credit Agreement (Toll Brothers Inc), Credit Agreement (Toll Brothers Inc)
Financial Contracts. No Loan Party will enter into or remain liable upon any Financial Contract, except for Financial Contracts entered into for the purpose of managing interest rate risks associated with other Indebtedness of the Borrower and its Subsidiaries Loan Parties and other risks associated with the business of the Borrower and its Subsidiaries Loan Parties and not for speculative purposes.. ARTICLE VIII
Appears in 1 contract
Sources: Credit Agreement (Toll Brothers Inc)