Common use of Treasury Transactions Clause in Contracts

Treasury Transactions. No Obligor shall (and the Company will procure that no other member of the Group will) enter into any Treasury Transaction, other than: (a) the hedging transactions documented by the Hedging Documents in accordance with the Hedging Letter; (b) spot and forward delivery foreign exchange contracts entered into in the ordinary course of business and not for speculative purposes; and (c) any Treasury Transaction entered into for the hedging of actual or projected real exposures arising in the ordinary course of trading activities of a member of the Group and not for speculative purposes.

Treasury Transactions. No Obligor shall (and the Company will procure that no other member members of the Group will) enter into any Treasury Transaction, other than: (a) the hedging transactions any Treasury Transaction documented by a Hedging Agreement provided that such Hedging Agreement is entered into in the Hedging Documents in accordance with the Hedging Letterordinary course of business and not for speculative purposes; (b) spot and forward delivery foreign exchange contracts entered into in the ordinary course of business and not for speculative purposes; and (c) any Treasury Transaction entered into for the hedging of actual or projected real exposures arising in the ordinary course of trading activities of a member of the Group business and not for speculative purposes.

Treasury Transactions. No Obligor shall (and the Company Parent Guarantor will procure ensure that no other member of the Group will) enter into any Treasury Transaction, other than: (a) the hedging transactions contemplated by the Hedging Letter (as defined in the Bank Facilities Agreement as in effect on the date hereof) and documented by the Hedging Documents Agreement (as defined in accordance with the Hedging LetterBank Facilities Agreement as in effect on the date hereof); (b) spot and forward delivery foreign exchange contracts entered into in the ordinary course of business and not for speculative purposes; and (c) any Treasury Transaction entered into for the hedging of actual or projected real exposures arising in the ordinary course of trading activities of a member of the Group and not for speculative purposes.

Treasury Transactions. No Obligor shall (and the Company Parent will procure that no other member members of the Group will) enter into any Treasury Transaction, other than: (a) the any hedging transactions documented by the Hedging Documents in accordance with the Hedging LetterAgreements; (b) spot and forward delivery foreign exchange contracts entered into in the ordinary course of business and not for speculative purposes; and (c) any Treasury Transaction entered into for the hedging of actual or projected real exposures arising in the ordinary course of trading activities of a member of the Group and not for speculative purposes.

Treasury Transactions. No Obligor shall (and the Company will procure ensure that no other member of the Group will) enter into any Treasury Transaction, other than: (a) the hedging transactions contemplated by the Hedging Letter and documented by the Hedging Documents in accordance with the Hedging LetterAgreements; (b) spot and forward delivery foreign exchange contracts entered into in the ordinary course of business and not for speculative purposes; and (c) any Treasury Transaction entered into for the hedging of actual or projected real exposures arising in the ordinary course of trading activities of a member of the Group and not for speculative purposes.

Treasury Transactions. (a) No Obligor shall (and the Company Parent will procure that no other member of the Group will) enter into any Treasury Transaction, other than: (ai) hedging transactions entered into to hedge the risk of movement in interest rates and/or exchange rates in the ordinary course of business (and not for speculative purposes) including the hedging transactions documented by the Hedging Documents in accordance with the Hedging Letter;Agreements; and (bii) spot and forward delivery foreign exchange contracts entered into in the ordinary course of business and not for speculative purposes; and. (cb) any Treasury Transaction entered into for the hedging of actual or projected real exposures arising in the ordinary course of trading activities of a member of the Group and not for speculative purposes.[Intentionally blank]

Treasury Transactions. No Obligor shall (and the Company Parent Guarantor will procure ensure that no other member of the Group will) enter into any Treasury Transaction, other than: (a) any hedging of the hedging transactions documented by interest rate liabilities of the Hedging Documents in accordance with borrowers under the Hedging LetterBank Facilities Agreement; (b) spot and forward delivery foreign exchange contracts entered into in the ordinary course of business and not for speculative purposes; and (c) any Treasury Transaction entered into for the hedging of actual or projected real exposures arising in the ordinary course of trading activities of a member of the Group and not for speculative purposes.

Treasury Transactions. No Obligor shall (and the Company will procure ensure that no other member of the Group will) enter into any Treasury Transaction, other than: (a) the hedging transactions documented by the Hedging Documents in accordance with the Hedging LetterAgreements; (b) any hedging of the interest rate liabilities of the Borrowers under this Agreement; (c) spot and forward delivery foreign exchange contracts entered into in the ordinary course of business and not for speculative purposes; and (cd) any Treasury Transaction entered into for the hedging of actual or projected real exposures arising in the ordinary course of trading activities of a member of the Group and not for speculative purposes.

Treasury Transactions. No Unless agreed or notified otherwise by the Lender, no Obligor shall (and the Company Parent will procure that no other member of the Group will) enter into any Treasury Transaction, other than:than (unless the Lender has notified or specified otherwise): (a) the hedging transactions documented by the Hedging Documents in accordance with the Hedging Letter; (b) spot and forward delivery foreign exchange contracts entered into in the ordinary course of business and not for speculative purposes; and (cb) any Treasury Transaction entered into for the hedging of actual or projected real exposures arising in the ordinary course of trading activities of a member of the Group and not for speculative purposes.

Treasury Transactions. No Obligor shall (and the Company will procure ensure that no other member of the Group will) enter into any Treasury Transaction, other than: (a) any hedging of the hedging transactions documented by interest rate liabilities of the Hedging Documents Borrowers in accordance with respect of the Hedging LetterFacilities; (b) spot and forward delivery foreign exchange contracts entered into in the ordinary course of business and not for speculative purposes; and (c) any Treasury Transaction entered into for the hedging of actual or projected real exposures arising in the ordinary course of trading activities of a member of the Group and not for speculative purposes.