Common use of Limitations on Sales and Leasebacks Clause in Contracts

Limitations on Sales and Leasebacks. Enter into any arrangement with any Person providing for the leasing by the Borrower or any Subsidiary of real or personal property, whether now owned or hereafter acquired in a related transaction or series1 of related transactions, which has been or is to be sold or transferred by the Borrower or any Subsidiary to such Person or to any other Person to whom funds have been or are to be advanced by such Person on the security of such property or rental obligations of the Borrower or any Subsidiary;

Limitations on Sales and Leasebacks. Enter into any arrangement with any Person providing for the leasing by the Borrower or any Subsidiary Loan Party of real or personal property, whether now owned or hereafter acquired in a related transaction or series1 of related transactions, property which has been or is to be sold or transferred by the Borrower or any Subsidiary such Loan Party to such Person or to any other Person to whom funds have been or are to be advanced by such Person on the security of such property or rental obligations of the Borrower or any Subsidiary;such Loan Party.

Limitations on Sales and Leasebacks. Enter into any arrangement with any Person (other than the Borrower, a Support Subsidiary or Benesse) providing for the leasing by the Borrower or any Subsidiary of real or personal property, whether now owned or hereafter acquired in a related transaction or series1 series of related transactions, which has been or is to be sold or transferred by the Borrower or any Subsidiary to such Person or to any other Person to whom funds have been or are to be advanced by such Person on the security of such property or rental obligations of the Borrower or any Subsidiary;

Limitations on Sales and Leasebacks. Enter into any arrangement with any Person providing for the leasing by the Borrower Borrower, Pan Am or any Subsidiary of real or personal property, whether now owned or hereafter acquired in a related transaction or series1 series of related transactions, which has been or is to be sold or transferred by the Borrower Borrower, Pan Am or any Subsidiary to such Person or to any other Person to whom funds have been or are to be advanced by such Person on the security of such property or rental obligations of the Borrower Borrower, Pan Am or any Subsidiary;