Rate Contracts. No Credit Party shall enter into a Rate Contract other than Rate Contracts entered into in the Ordinary Course of Business for bona fide hedging purposes and not for speculation.
Appears in 2 contracts
Sources: Credit Agreement (Victor Technologies Group, Inc.), Credit Agreement (Thermadyne Australia Pty Ltd.)
Rate Contracts. No Credit Borrower Party shall enter into a any Rate Contract other than Rate Contracts entered into in the Ordinary Course ordinary course of Business for bona fide hedging purposes and not for speculationbusiness.
Appears in 1 contract
Sources: Credit Agreement (International Rectifier Corp /De/)