Common use of No Speculative Transactions Clause in Contracts

No Speculative Transactions. No Group Member shall engage in any speculative transaction or in any transaction involving Hedging Contracts except for the sole purpose of hedging in the normal course of business and consistent with industry practices.

Appears in 8 contracts

Sources: Credit Agreement (Tenet Healthcare Corp), Credit Agreement (Tenet Healthcare Corp), Credit Agreement (Tenet Healthcare Corp)

No Speculative Transactions. No Group Member shall engage in any speculative transaction or in any transaction involving Hedging Contracts except for the sole purpose of hedging in the normal course of business and consistent with industry practices.. AMENDED AND RESTATED CREDIT AGREEMENT ▇▇▇▇▇ HEALTHCARE CORPORATION

Appears in 1 contract

Sources: Credit Agreement (Tenet Healthcare Corp)

No Speculative Transactions. No Group Member shall engage in any speculative transaction or in any transaction involving Hedging Contracts except or for the sole purpose of hedging other than in the normal course of business and consistent with industry past practices; provided, however, that the Borrower may enter into Hedging Contracts for the purposes of hedging its interest rate exposure in connection with the Loans.

Appears in 1 contract

Sources: Credit Agreement (GLG Partners, Inc.)