Examples of Permitted Sale Leaseback in a sentence
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 unless such arrangement is permitted under Section 7.2(e) and is a Permitted Sale Leaseback.
Enter into any Sale and Leaseback Transaction other than a Permitted Sale Leaseback Transaction.
Enter into any arrangement, whereby one Person shall, directly or indirectly, sell or transfer any Property to another Person (other than a Credit Party) which shall then or thereafter rent or lease as lessee such Property or any part thereof which such Person intends to use for substantially the same purpose or purposes as the Property sold or transferred on a long-term basis (a “Sale Leaseback”), other than a Permitted Sale Leaseback.
Enter into any Sale Leaseback Transactions other than Permitted Sale Leaseback Transactions.
Except for the Permitted Sale Leaseback Transaction, Terra Industries will not, and will not permit any of its Material Subsidiaries to, enter into any sale and leaseback transaction.