Speculative Purposes. No Borrower shall, and no Borrower shall permit any of its Subsidiaries to, be a party to or otherwise enter into or hold a speculative position in any commodities market or futures market or enter into any Hedge Agreement for speculative purposes.
Appears in 3 contracts
Sources: Senior First Lien Secured Credit Agreement (Cross Border Resources, Inc.), Senior First Lien Secured Credit Agreement (Cross Border Resources, Inc.), Senior First Lien Secured Credit Agreement (Red Mountain Resources, Inc.)