Common use of Sale and Leaseback Clause in Contracts

Sale and Leaseback. None of the Borrower or any of the Subsidiaries will directly or indirectly enter into any agreement or arrangement providing for the sale or transfer by it of any property (now owned or hereafter acquired) to a Person and the subsequent lease or rental of such property or other similar property from such Person.

Appears in 10 contracts

Samples: Credit Agreement (AVITA Medical, Inc.), Credit Agreement (DarioHealth Corp.), Credit Agreement (TELA Bio, Inc.)

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Sale and Leaseback. None of the Borrower or Borrowers nor any of the Subsidiaries will directly or indirectly enter into any agreement or arrangement providing for the sale to sell or transfer by it all or any substantial part of any property (now owned its fixed assets and thereupon or hereafter acquired) to a Person and within one year thereafter rent or lease the subsequent lease assets so sold or rental of such property or other similar property from such Persontransferred.

Appears in 10 contracts

Samples: Financing and Security Agreement (Rand Worldwide Inc), Business Loan and Security Agreement (Vse Corp), Financing and Security Agreement (Tvi Corp)

Sale and Leaseback. None of Holdings, the Borrower or any of the Subsidiaries will directly or indirectly enter into any agreement or arrangement providing for the sale or transfer by it of any property (now owned or hereafter acquired) to a Person and the subsequent lease or rental of such property or other similar property from such Person.

Appears in 6 contracts

Samples: Credit Agreement (Valneva SE), Credit Agreement (Harmony Biosciences Holdings, Inc.), Credit Agreement (GC Aesthetics PLC)

Sale and Leaseback. None of the Borrower or Borrowers nor any of the their Subsidiaries will directly or indirectly enter into any agreement or arrangement providing for the sale to sell or transfer by it all or any substantial part of any property its fixed assets and thereupon or within one (now owned 1) year thereafter rent or hereafter acquired) to a Person and lease the subsequent lease assets so sold or rental of such property or other similar property from such Persontransferred.

Appears in 4 contracts

Samples: Financing and Security Agreement (Argan Inc), Financing and Security Agreement (Argan Inc), Financing and Security Agreement (Versar Inc)

Sale and Leaseback. None of the Borrower or any of the Subsidiaries will directly or indirectly enter into any agreement or arrangement providing for the sale or transfer by it of any property (now owned or hereafter acquired) to a Person and the subsequent lease or rental of such property or other similar property from such PersonPerson (other than Tangible Fixed Assets).

Appears in 4 contracts

Samples: Credit Agreement (Natera, Inc.), Credit Agreement (Natera, Inc.), Credit Agreement (Natera, Inc.)

Sale and Leaseback. None of the No Borrower or will, nor will it permit any of the its Subsidiaries will to, directly or indirectly enter into any agreement or arrangement providing for the sale or transfer by it of any property (now owned or hereafter acquired) to a Person and the subsequent lease or rental of such property or other similar property from such Person.Person unless, either:

Appears in 3 contracts

Samples: Credit Agreement (Mitel Networks Corp), Credit Agreement (Mitel Networks Corp), Credit Agreement (Mitel Networks Corp)

Sale and Leaseback. None Except as permitted in Section 8.3(e), none of the Borrower or any of the Subsidiaries will directly or indirectly enter into any agreement or arrangement providing for the sale or transfer by it of any property (now owned or hereafter acquired) to a Person and the subsequent lease or rental of such property or other similar property from such Person.

Appears in 3 contracts

Samples: Credit Agreement (Acutus Medical, Inc.), Pledge and Security Agreement (Acutus Medical, Inc.), Credit Agreement (Acutus Medical, Inc.)

Sale and Leaseback. None of the Borrower Holdings or any of the its Subsidiaries will directly or indirectly enter into any agreement or arrangement providing for the sale or transfer by it of any property (now owned or hereafter acquired) to a Person and the subsequent lease or rental of such property or other similar property from such Person.

Appears in 2 contracts

Samples: Credit Agreement (Xtant Medical Holdings, Inc.), Credit Agreement (Bacterin International Holdings, Inc.)

Sale and Leaseback. None of the Borrower or any of the Subsidiaries will directly or indirectly enter into any agreement or arrangement providing for the sale or transfer by it of any property (now owned or hereafter acquired) to a Person and the subsequent lease or rental of such property or other similar property from such PersonPerson (other than Tangible Fixed Assets).

Appears in 2 contracts

Samples: Credit Agreement (Natera, Inc.), Credit Agreement (Natera, Inc.)

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Sale and Leaseback. None of the Parent, the Borrower or any of the Subsidiaries will directly or indirectly enter into any agreement or arrangement providing for the sale or transfer by it of any property (now owned or hereafter acquired) to a Person and the subsequent lease or rental of such property or other similar property from such Person.

Appears in 1 contract

Samples: Credit Agreement (TriSalus Life Sciences, Inc.)

Sale and Leaseback. None of the Borrower Parent or any of the Subsidiaries will directly or indirectly enter into any agreement or arrangement providing for the sale or transfer by it of any property (now owned or hereafter acquired) to a Person and the subsequent lease or rental of such property or other similar property from such Person.

Appears in 1 contract

Samples: Credit Agreement (MDxHealth SA)

Sale and Leaseback. None of the Borrower or any of the Subsidiaries will directly or indirectly enter into any agreement or arrangement providing for the sale or transfer by it of any property (now owned or hereafter acquired) to a Person and the subsequent lease or rental of such property or other similar property from such Person.. NY: 1219514-6- -

Appears in 1 contract

Samples: Credit Agreement (Verrica Pharmaceuticals Inc.)

Sale and Leaseback. None of the Borrower or Loan Parties nor any of the their respective Subsidiaries will directly or indirectly enter into any agreement or arrangement providing for the sale or transfer by it of any property (now owned or hereafter acquired) to a Person and the subsequent lease or rental of such property or other similar property from such Person.

Appears in 1 contract

Samples: Credit Agreement (Recro Pharma, Inc.)

Sale and Leaseback. None of Holdings, the Borrower or any of the Subsidiaries will directly or indirectly enter into any agreement or arrangement providing for the sale or transfer by it of any property (now owned or hereafter acquired) to a Person and the subsequent lease or rental of such property or other similar property from such PersonPerson (a “Sale and Leaseback Transaction”).

Appears in 1 contract

Samples: Credit Agreement (Valneva SE)

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