Common use of Financial Contracts Clause in Contracts

Financial Contracts. The Borrower shall not and shall not permit any of its Subsidiaries to enter into any Financial Contracts other than Financial Contracts entered into by the Borrower or its Subsidiaries pursuant to which the Borrower or such Subsidiary has hedged its or its Subsidiaries' reasonably estimated interest rate, foreign currency or commodity exposure and which are of a non-speculative nature.

Financial Contracts. The Borrower shall not not, and shall not permit any of its consolidated Subsidiaries to to, enter into any Financial Contracts Contract, other than Financial Contracts entered into by the Borrower or its Subsidiaries pursuant to which the Borrower or such Subsidiary has hedged ▇▇▇▇▇▇ its actual or its Subsidiaries' reasonably estimated anticipated interest rate, foreign currency or commodity exposure and which are of a non-speculative natureexisting or anticipated at the time thereof.

Financial Contracts. The Borrower shall not not, and shall not permit any of its Subsidiaries to Subsidiary to, enter into any Financial Contracts Contract other than Financial Contracts entered into by the Borrower or its Subsidiaries pursuant to which the Borrower or such Subsidiary has hedged its or its Subsidiaries' reasonably estimated interest rate, foreign currency or commodity exposure exposure, and which are of a non-not for speculative naturepurposes.

Financial Contracts. The Borrower shall not not, and shall not permit any of its consolidated Subsidiaries to to, enter into any Financial Contracts Contract, other than Financial Contracts entered into by the Borrower or its Subsidiaries pursuant to which the Borrower or such Subsidiary has hedged hedges its actual or its Subsidiaries' reasonably estimated anticipated interest rate, foreign currency currenc▇ ▇▇ ▇ommodity exposure existing or commodity exposure and which are of a non-speculative natureanticipated at the time thereof.

Financial Contracts. The Borrower shall not not, and shall not permit any of its Subsidiaries to ------------------- Subsidiary to, enter into any Financial Contracts Contract other than Financial Contracts entered into by the Borrower or its Subsidiaries pursuant to which the Borrower or such Subsidiary has hedged its or its Subsidiaries' reasonably estimated interest rate, foreign currency or commodity exposure exposure, and which are of a non-not for speculative naturepurposes.

Financial Contracts. The Borrower shall not and shall not permit ------------------- any of its Consolidated Subsidiaries to enter into any Financial Contracts Contract, other than Financial Contracts interest rate, foreign currency or commodity exchange, swap, collar, cap or similar Rate Hedging Agreements entered into by the Borrower or its such Consolidated Subsidiaries pursuant to which the Borrower or such Consolidated Subsidiary has hedged its or its Subsidiaries' reasonably estimated actual interest rate, foreign currency or commodity exposure and which are of a non-speculative natureexisting at the time thereof.

Financial Contracts. The Borrower shall not and shall not permit any of its consolidated Subsidiaries to enter into any Financial Contracts Contract, other than Financial Contracts entered into by the Borrower or its Subsidiaries pursuant to which the Borrower or such Subsidiary has hedged its actual or its Subsidiaries' reasonably estimated anticipated interest rate, foreign currency or commodity exposure and which are of a non-speculative natureexisting or anticipated at the time thereof.