Common use of Sale and Leasebacks Clause in Contracts

Sale and Leasebacks. The Borrower will not, and will not permit any Subsidiary, to enter into any arrangement, directly or indirectly, with any Person whereby the Borrower or any Subsidiary shall sell or transfer any of its Property, whether now owned or hereafter acquired, and whereby Borrower shall then or thereafter rent or lease as lessee such Property or any part thereof or other Property which Borrower or any Subsidiary intends to use for substantially the same purpose or purposes as the Property sold or transferred.

Sale and Leasebacks. The Neither the Borrower nor any Subsidiary will not, and will not permit any Subsidiary, to enter into any arrangement, directly or indirectly, with any Person whereby the Borrower or any Subsidiary shall sell or transfer any of its Property, whether now owned or hereafter acquired, and whereby the Borrower or such Subsidiary shall then or thereafter rent or lease as lessee such Property or any part thereof or other Property which that the Borrower or any Subsidiary intends to use for substantially the same purpose or purposes as the Property sold or transferred.

Sale and Leasebacks. The Each Borrower will and Guarantor shall not, and will shall not permit any SubsidiarySubsidiary to, to enter into any arrangement, directly or indirectly, with any Person whereby such Borrower, Guarantor or Subsidiary, as the Borrower or any Subsidiary case may be, shall sell or transfer any of property, real or personal, used or useful in its Propertybusiness, whether now owned or hereafter acquired, and whereby Borrower shall then or thereafter rent or lease as lessee such Property or any part thereof or other Property property which Borrower or any Subsidiary it intends to use for substantially the same purpose or purposes as the Property property being sold or transferredtransferred (except to the extent of Capital Leases permitted under Section 9.9 hereof).

Sale and Leasebacks. The None of the Borrower or any Subsidiary will not, and will not permit any Subsidiary, to enter into any arrangement, directly or indirectly, with any Person whereby the Borrower or any Subsidiary such Person shall sell or transfer any of its Property, whether now owned or hereafter acquired, and whereby Borrower such Person shall then or thereafter rent or lease as lessee such Property or any part thereof or other Property which Borrower or any Subsidiary that such Person intends to use for substantially the same purpose or purposes as the Property sold or transferred.