Common use of Limitations on Sale/Leaseback Transactions Clause in Contracts

Limitations on Sale/Leaseback Transactions. The Company shall not, and shall not permit any of its Restricted Subsidiaries to, enter into any Sale- Leaseback Transaction with respect to any property of the Company or any of its Restricted Subsidiaries. Notwithstanding the foregoing, the Company and its Restricted Subsidiaries may enter into Sale-Leaseback Transactions, provided, that (a) the Attributable Value of such -------- Sale- Leaseback Transaction shall be deemed to be Indebtedness of the Company or such Restricted Subsidiary and (b) after giving pro forma effect to any such --- ----- Sale-Leaseback Transaction and the foregoing clause (a), the Company or such Restricted Subsidiary would be able to incur $1.00 of additional Indebtedness (other than Permitted Indebt edness) pursuant to Section 10.8 of this Indenture (assuming a market rate of interest with respect to such additional Indebtedness).

Appears in 1 contract

Samples: FLN Finance Inc

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Limitations on Sale/Leaseback Transactions. The Company shall not, and shall not permit any of its Restricted Subsidiaries to, enter into any Sale- Leaseback Transaction with respect to any property of the Company or any of its Restricted Subsidiaries. Notwithstanding the foregoing, the Company and its Restricted Subsidiaries may enter into Sale-Leaseback Transactions, provided, that (a) the Attributable Value of such -------- Sale- Leaseback Transaction shall be deemed to be Indebtedness of the Company or such Restricted Subsidiary and (b) after giving pro forma effect to any such --- ----- --------- Sale-Leaseback Transaction and the foregoing clause (a), the Company or such Restricted Subsidiary would be able to incur $1.00 of additional Indebtedness (other than Permitted Indebt ednessIndebtedness) pursuant to Section 10.8 of this Indenture (assuming a market rate of interest with respect to such additional Indebtedness).

Appears in 1 contract

Samples: FLN Finance Inc

Limitations on Sale/Leaseback Transactions. The Company shall not, and shall not permit any of its Restricted Subsidiaries to, enter into any Sale- Sale-Leaseback Transaction with respect to any property of the Company or any of its Restricted Subsidiaries. Notwithstanding the foregoing, the Company and its Restricted Subsidiaries may enter into Sale-Sale- Leaseback Transactions, provided, that (a) the Attributable Value of such Sale- -------- Sale- Leaseback Transaction shall be deemed to be Indebtedness of the Company or such a Restricted Subsidiary and (b) after giving pro forma effect to any such Sale- --- ----- Sale-Leaseback Transaction and the foregoing clause (a), the Company or such a Restricted Subsidiary would be able to incur $1.00 of additional Indebtedness (other than Permitted Indebt ednessIndebtedness) pursuant to Section 10.8 of this Indenture (assuming a market rate of interest with respect to such additional Indebtedness)Indenture.

Appears in 1 contract

Samples: Fox Kids Worldwide Inc

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Limitations on Sale/Leaseback Transactions. The Company shall not, and shall not permit any of its Restricted Subsidiaries to, enter into any Sale- Sale-Leaseback Transaction with respect to any property of the Company or any of its Restricted Subsidiaries. Notwithstanding the foregoing, the Company and its Restricted Subsidiaries may enter into Sale-Sale- Leaseback Transactions, provided, that (a) the Attributable Value of such Sale- -------- Sale- Leaseback Transaction shall be deemed to be Indebtedness of the Company or such a Restricted Subsidiary and (b) after giving pro forma effect to any such Sale- --- ----- Sale-Leaseback Transaction and the foregoing clause (a), the Company or such a Restricted Subsidiary would be able to incur $1.00 of additional ad- ditional Indebtedness (other than Permitted Indebt ednessIndebtedness) pursuant to Section 10.8 of this Indenture (assuming a market rate of interest with respect to such additional Indebtedness)Indenture.

Appears in 1 contract

Samples: Fox Kids Worldwide Inc

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