Common use of Sale and Leasebacks Clause in Contracts

Sale and Leasebacks. Enter into any arrangement, directly or indirectly, with any person whereby it shall sell or transfer any property, real, personal or mixed, used or useful in its business, whether now owned or hereafter acquired, and thereafter rent or lease such property.

Appears in 3 contracts

Samples: Credit Agreement (Energy Network Inc), Reimbursement Agreement (CTG Resources Inc), 364 Day Revolving Credit Agreement (Energy Network Inc)

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Sale and Leasebacks. Enter into any arrangement, directly or indirectly, with any person Person whereby it shall sell or transfer any property, real, personal or mixed, used or useful in its business, whether now owned or hereafter acquired, and thereafter rent or lease such property.

Appears in 1 contract

Samples: Revolving Credit and Term Loan Agreement (Alta Gold Co/Nv/)

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