Common use of Limitations on Sale and Lease-Back Transactions Clause in Contracts

Limitations on Sale and Lease-Back Transactions. The Borrower will not, and will not permit any Restricted Subsidiary to, enter into any Sale and Lease-Back Transaction with respect to any property unless:

Appears in 4 contracts

Samples: Credit Agreement (Neiman Marcus, Inc.), Credit Agreement (Neiman Marcus, Inc.), Credit Agreement (Neiman Marcus Group Inc)

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Limitations on Sale and Lease-Back Transactions. The Borrower will not, and will not permit any Restricted Subsidiary to, enter into any Sale and Lease-Back Transaction with respect to any property unless:

Appears in 3 contracts

Samples: Term Loan Credit Agreement (TMS International Corp.), Term Loan Credit Agreement (TMS International Corp.), Term Loan Credit Agreement (Tube City IMS CORP)

Limitations on Sale and Lease-Back Transactions. The Each of Holdings and the Borrower will not, and the Borrower will not permit any Restricted Subsidiary to, enter into any Sale and Lease-Back Transaction with respect to any property unless:

Appears in 3 contracts

Samples: Credit Agreement (Harland Clarke Holdings Corp), Credit Agreement (Harland Clarke Holdings Corp), Credit Agreement (Harland Financial Solutions, Inc.)

Limitations on Sale and Lease-Back Transactions. The Borrower Company will not, and will not permit any Restricted Subsidiary to, enter into any Sale engage in sale and Leaseleaseback transactions except for Permitted Sale-Back Transaction with respect to any property unless:Leaseback Transactions.

Appears in 1 contract

Samples: Express Scripts Inc

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Limitations on Sale and Lease-Back Transactions. The Borrower will not, and will not permit any Restricted Subsidiary to, enter into any Sale and Lease-Back Transaction with respect to any property unless:unless (a) the consideration received by the Borrower or any Restricted Subsidiary in connection with such Sale and Lease-Back Transaction is at least equal to the fair market value (as determined in good faith by the Borrower) of such property and (b) the Borrower applies the proceeds of such transaction in compliance with Section 2.09.

Appears in 1 contract

Samples: Term Loan Credit Agreement (Petco Holdings Inc)

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