Common use of Limitation on Sale and Leaseback Transactions Clause in Contracts

Limitation on Sale and Leaseback Transactions. The Company shall not directly or indirectly, and shall not permit any Subsidiary directly or indirectly to, engage in the sale or transfer of any Principal Property to a Person and the taking back by the Company or any of its Subsidiaries, as the case may be, of a lease of such Principal Property, whether now owned or hereafter acquired, unless:

Appears in 18 contracts

Samples: First Supplemental Indenture (Keurig Dr Pepper Inc.), Twelfth Supplemental Indenture (Keurig Dr Pepper Inc.), Eleventh Supplemental Indenture (Keurig Dr Pepper Inc.)

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Limitation on Sale and Leaseback Transactions. The Company shall not directly or indirectly, and shall not permit any Subsidiary of its Subsidiaries that own a Principal Property directly or indirectly to, engage in enter into any sale and leaseback transaction for the sale or transfer and leasing back of any Principal Property to a Person and the taking back by the Company or any of its Subsidiaries, as the case may be, of a lease of such Principal Property, whether now owned or hereafter acquired, unless:

Appears in 9 contracts

Samples: Indenture (United States Steel Corp), Eighth Supplemental Indenture (United States Steel Corp), Seventh Supplemental Indenture (United States Steel Corp)

Limitation on Sale and Leaseback Transactions. The Company shall may not, and may not permit any Restricted Subsidiary to, directly or indirectly, enter into, assume, Guarantee or otherwise become liable with respect to any Sale and shall not permit any Subsidiary directly or indirectly to, engage in the sale or transfer of any Principal Property to a Person and the taking back by the Company or any of its Subsidiaries, as the case may be, of a lease of such Principal Property, whether now owned or hereafter acquiredLeaseback Transaction, unless:

Appears in 4 contracts

Samples: Williams Communications Group Inc, Williams Communications Group Inc, Williams Communications Group Inc

Limitation on Sale and Leaseback Transactions. The Company shall not directly or indirectlywill not, and shall will not permit any Subsidiary directly or indirectly toto enter into any arrangement with any Person whereby, engage in the sale or transfer of any Principal Property to a Person and the taking back by substantially contemporaneous transaction, the Company or any Subsidiary sells or transfers all or substantially all of its Subsidiariesright, as title and interest in an asset and, in connection therewith, acquires or leases back the case may beright to use such asset (a “Sale-leaseback Transaction”), of a lease of such Principal Property, whether now owned other than Sale-leaseback Transactions with respect to any building or hereafter acquired, unless:property used in the PML Business.

Appears in 1 contract

Samples: Indenture (Pernix Therapeutics Holdings, Inc.)

Limitation on Sale and Leaseback Transactions. The Company shall not directly or indirectly, and shall not permit any Subsidiary of its Subsidiaries that own Principal Property directly or indirectly to, engage in enter into any sale and leaseback transaction for the sale or transfer and leasing back of any Principal Property to a Person and the taking back by the Company or any of its Subsidiaries, as the case may be, of a lease of such Principal Property, whether now owned or hereafter acquired, unless:

Appears in 1 contract

Samples: Indenture (United States Steel Corp)

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Limitation on Sale and Leaseback Transactions. The Company shall will not, and will not permit any Subsidiary to, directly or indirectly, and shall not permit enter into any Subsidiary directly or indirectly to, engage arrangement with any Person whereby in the sale or transfer of any Principal Property to a Person and the taking back by the substantially contemporaneous transaction Company or any Subsidiary sells or transfers all or substantially all of its Subsidiariesright, as title and interest in an asset and, in connection therewith, acquires or leases back the case may be, of a lease of right to use such Principal Property, whether now owned or hereafter acquired, unless:asset.

Appears in 1 contract

Samples: Investment Agreement (Palace Entertainment Holdings, Inc.)

Limitation on Sale and Leaseback Transactions. The Company shall may not, and may not permit any Restricted Subsidiary to, directly or indirectly, enter into, assume, Guarantee or otherwise become liable with respect to any Sale and shall not permit any Subsidiary directly or indirectly to, engage in the sale or transfer of any Principal Property to a Person and the taking back by the Company or any of its Subsidiaries, as the case may be, of a lease of such Principal Property, whether now owned or hereafter acquired, Leaseback Transaction unless:

Appears in 1 contract

Samples: Indenture (Northpoint Communications Group Inc)

Limitation on Sale and Leaseback Transactions. The Company shall not directly or indirectly, and shall not permit any Subsidiary of its Subsidiaries directly or indirectly to, engage in the sale or transfer of any Principal Property to a Person and the taking back by the Company or any of its Subsidiaries, as the case may be, of a lease of such Principal Property, whether now owned or hereafter acquired, unless:

Appears in 1 contract

Samples: Indenture (Dr Pepper Snapple Group, Inc.)

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