Common use of Speculative Transactions Clause in Contracts

Speculative Transactions. Engage, or permit any of its Subsidiaries to engage, in any transaction involving commodity options or futures contracts or any similar speculative transactions, which are, in any case, inconsistent with prior practice and not otherwise made in the ordinary course of business.

Appears in 5 contracts

Sources: Credit Agreement (Genpact LTD), Credit Agreement (Tupperware Brands Corp), Credit Agreement (Genpact LTD)

Speculative Transactions. Engage, or permit any of its Subsidiaries to engage, in any transaction involving commodity options or futures contracts or derivatives or any similar speculative transactions, which are, in any case, inconsistent with prior practice and not otherwise made in the ordinary course of businessexcept for Bank Hedge Agreements.

Appears in 3 contracts

Sources: Credit Agreement (Applied Graphics Technologies Inc), Credit Agreement (Applied Graphics Technologies Inc), Credit Agreement (Applied Graphics Technologies Inc)