Common use of Limitation on Lease Obligations Clause in Contracts

Limitation on Lease Obligations. The Company will not enter into any arrangement, directly or indirectly, whereby the Company shall sell or transfer any property owned by it in order then or thereafter to lease such property or to lease other property which the Company intends to use for substantially the same purpose as the property being sold or transferred. The Company will not be or become obligated as lessee under any lease except:

Appears in 7 contracts

Samples: Credit Agreement (Enstar Income Program Iv-2 Lp), Credit Agreement (Enstar Income Program Iv-1 Lp), Credit Agreement (Enstar Income Growth Program Six B L P)

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