Section 2.3 Leaseback Arrangement Sample Clauses

Section 2.3 Leaseback Arrangement. The Leaseback arrangement provided for in Section 2.3 of the Original Purchase Agreement and the Lease (defined in Section 11 of, and attached as Exhibit D to, the Agreement) related to the Leaseback arrangement are hereby deleted in their entirety. Any and all references to the “Leaseback,” the “Lease,” the “Leaseback Term,” or any other similar language or provisions referring to the lease-back of the Property after the Closing, are hereby deleted in each and every reference to, or instance in, the Agreement and any and all documents related thereto. Specifically, without limitation, the following Sections, or references to the Lease in such Sections, are hereby deleted: Section 2.3, Section 11.1(c), Section 11.2(ii), Section 11.7(b)(i) and (ii), and 11.7(c)(ii).
AutoNDA by SimpleDocs

Related to Section 2.3 Leaseback Arrangement

  • Sale and Leaseback Transactions The Company will not, and will not permit any of its Subsidiaries to, enter into any Sale and Leaseback Transaction except:

  • Sale-Leaseback Transactions Enter into any Sale Leaseback Transaction, except in connection with transactions that would be permitted under this Section 7.

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

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

  • Sale Leasebacks No Credit Party shall engage in any sale-leaseback, synthetic lease or similar transaction involving any of its assets.

  • Limitation on Sale and Leaseback Transactions The Company will not, and will not permit any of its Restricted Subsidiaries to, enter into any sale and leaseback transaction; provided that the Company or any Guarantor may enter into a sale and leaseback transaction if:

  • Limitations on Sale and Leaseback Transactions The Issuer will not, and will not permit any Restricted Subsidiary to, directly or indirectly, enter into any Sale and Leaseback Transaction; provided that the Issuer or any Restricted Subsidiary may enter into a Sale and Leaseback Transaction if:

  • Sale and Lease-Back Transactions Enter into any arrangement, directly or indirectly, with any person whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereafter acquired, and thereafter rent or lease such property or other property which it intends to use for substantially the same purpose or purposes as the property being sold or transferred unless (a) the sale of such property is permitted by Section 6.05 and (b) any Capital Lease Obligations, Synthetic Lease Obligations or Liens arising in connection therewith are permitted by Sections 6.01 and 6.02, as the case may be.

  • Limitation on Sale/Leaseback Transactions The Company shall not, and shall not permit any Restricted Subsidiary to, enter into any Sale/Leaseback Transaction with respect to any property unless:

  • Sales and Leasebacks Enter into any arrangement with any Person providing for the leasing by any Group Member of real or personal property that has been or is to be sold or transferred by such Group Member 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 such Group Member.

Time is Money Join Law Insider Premium to draft better contracts faster.