Common use of Sale and Leaseback Clause in Contracts

Sale and Leaseback. Enter into any arrangement with any Person providing for the leasing by it of Property which has been or is to be sold or transferred by it 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 its rental obligations, or permit any Subsidiary of the Borrower so to do, except for sale and leasing transactions described herein for which the combined selling price of all Property subject to all such transactions does not exceed $100,000,000 in any fiscal year of Borrower.

Appears in 10 contracts

Samples: Secured Term Loan Agreement (New Plan Excel Realty Trust Inc), Term Loan Agreement (New Plan Excel Realty Trust Inc), Credit Agreement (Centro NP LLC)

AutoNDA by SimpleDocs

Sale and Leaseback. Enter into any arrangement with any Person providing for the leasing by it of Property which has been or is to be sold or transferred by it 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 its rental obligations, or permit any Subsidiary of the Borrower so to do, except for sale and leasing transactions described herein for which the combined selling price of all Property subject to all such transactions does not exceed $100,000,000 50,000,000 in any fiscal year of Borrowerthe aggregate.

Appears in 6 contracts

Samples: Term Loan Agreement (New Plan Excel Realty Trust Inc), Credit Agreement (New Plan Excel Realty Trust Inc), Credit Agreement (New Plan Excel Realty Trust Inc)

Sale and Leaseback. Enter into any arrangement with any Person providing for the leasing by it the Company or any Subsidiary of Property real or personal property which has been or is to be sold or transferred by it the Company or such Subsidiary 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 property or its rental obligations, or permit any Subsidiary obligations of the Borrower so to doCompany or such Subsidiary, except for sale and leasing transactions described herein for which as the combined selling price of all Property subject to all such transactions does not exceed $100,000,000 in any fiscal year of Borrowercase may be.

Appears in 4 contracts

Samples: Security Agreement (Quantum Fuel Systems Technologies Worldwide Inc), Credit and Term Loan Agreement (MSC Software Corp), Credit Agreement (Quantum Fuel Systems Technologies Worldwide Inc)

Sale and Leaseback. Enter into any arrangement with any Person providing for the leasing by it Borrower, as lessee, of Property which has been or is to be sold or transferred by it Borrower 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 its rental obligations, or permit any Subsidiary of the Borrower so to do, except for sale and leasing transactions described herein for which the combined selling price of all Property subject to all such transactions does not exceed $100,000,000 in any fiscal year lease obligation of Borrower.

Appears in 4 contracts

Samples: Loan Agreement (Synergy CHC Corp.), Loan Agreement (Synergy CHC Corp.), Loan Agreement (Ember Therapeutics, Inc. - Ny)

Sale and Leaseback. Enter into any arrangement with any Person providing for the leasing by it any Obligor, as lessee, of Property which has been or is to be sold or transferred by it such Obligor 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 its rental obligations, or permit the lease obligation of any Subsidiary of the Borrower so to do, except for sale and leasing transactions described herein for which the combined selling price of all Property subject to all such transactions does not exceed $100,000,000 in any fiscal year of BorrowerObligor.

Appears in 4 contracts

Samples: Loan Agreement, Credit Agreement (CRH Medical Corp), Credit Agreement (CRH Medical Corp)

Sale and Leaseback. Enter into any arrangement with any Person providing for the leasing by it a Borrower or any Subsidiary of Property real or personal property which has been or is to be sold or transferred by it a Borrower or such Subsidiary 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 property or its rental obligationsobligations of a Borrower or such Subsidiary, or permit any Subsidiary of as the Borrower so to do, except for sale and leasing transactions described herein for which the combined selling price of all Property subject to all such transactions does not exceed $100,000,000 in any fiscal year of Borrowercase may be.

Appears in 4 contracts

Samples: Credit and Term Loan Agreement (Commercial Vehicle Group, Inc.), Loan Agreement (Autocam Corp/Mi), Revolving Credit Agreement (Plastipak Holdings Inc)

Sale and Leaseback. Enter into any arrangement with any Person ------------------ providing for the leasing by it the Borrower or any Subsidiary thereof of Property real or personal property which has been or is to be sold or transferred by it the Borrower or such Subsidiary 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 property or its rental obligations, or permit any Subsidiary of the Borrower so to do, except for sale and leasing transactions described herein for which the combined selling price of all Property subject to all such transactions does not exceed $100,000,000 in any fiscal year of Borrowerobligations thereof.

Appears in 3 contracts

Samples: Credit Agreement (Dover Downs Entertainment Inc), Credit Agreement (Dover Downs Gaming & Entertainment Inc), Credit Agreement (Dover Downs Entertainment Inc)

Sale and Leaseback. Enter into any arrangement with any Person providing for the leasing by it the Borrower or any Subsidiary of Property real or personal property which has been or is to be sold or transferred by it the Borrower or any Subsidiary 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 property or its rental obligations, or permit any Subsidiary obligations of the Borrower so to do, except for sale and leasing transactions described herein for which the combined selling price of all Property subject to all or such transactions does not exceed $100,000,000 in any fiscal year of BorrowerSubsidiary.

Appears in 3 contracts

Samples: Credit Agreement (Kenexa Corp), Credit Agreement (Kenexa Corp), Credit Agreement (Clearpoint Business Resources, Inc)

Sale and Leaseback. Enter into any arrangement with any Person providing for the leasing by it of Property which has been or is to be sold or transferred by it 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 its rental obligations, or permit any Subsidiary of the Borrower so to do, except for sale and leasing transactions described herein for which to the combined selling price of all Property subject to all such transactions does not exceed $100,000,000 in any fiscal year of Borrowerextent permitted under Section 8.3.

Appears in 3 contracts

Samples: Credit Agreement (Linens N Things Inc), Credit Agreement (Linens N Things Inc), Credit Agreement (Linens N Things Inc)

Sale and Leaseback. Enter into any arrangement with any Person providing for the leasing by it of Property which has been or is to be sold or transferred by it 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 its rental obligations, or permit any Subsidiary of the Borrower so to do, except for sale and leasing transactions described herein for which the combined selling price of all Property subject to all such transactions does not exceed $100,000,000 in any fiscal year of Borrower.

Appears in 2 contracts

Samples: New Plan Realty Trust, New Plan Excel Realty Trust Inc

Sale and Leaseback. Enter into any arrangement with any Person providing for the leasing by it the Partnership of Property real or personal property which has been or is to be sold or transferred by it the Partnership 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 property or its rental obligations, or permit any Subsidiary obligations of the Borrower so to do, except for sale and leasing transactions described herein for which the combined selling price of all Property subject to all Partnership or such transactions does not exceed $100,000,000 in any fiscal year of BorrowerSubsidiary.

Appears in 2 contracts

Samples: Master Loan Restructuring Agreement (Atwood Oceanics Inc), Master Loan Restructuring Agreement (Atwood Oceanics Inc)

Sale and Leaseback. Enter into any arrangement with any Person providing for the leasing by it of Property which has been or is to be sold or transferred by it 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 its rental obligations, or permit any Subsidiary of the Borrower so to do, except for sale and leasing transactions described herein for which the combined selling price of all Property subject to all such transactions does not exceed $100,000,000 in any fiscal year of Borrower.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Urstadt Biddle Properties Inc), Credit Agreement (Urstadt Biddle Properties Inc)

Sale and Leaseback. Enter into any arrangement with any Person providing for the leasing by it the Borrower of Real Property which has been or is to be sold or transferred by it the Borrower 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 its rental obligations, or permit any Subsidiary of the Borrower so to do, except for sale and leasing transactions described herein for which the combined selling price of all Property subject to all such transactions does not exceed $100,000,000 in any fiscal year of Borrower.

Appears in 2 contracts

Samples: Credit Agreement (Urstadt Biddle Properties Inc), Credit Agreement (Urstadt Biddle Properties Inc)

Sale and Leaseback. Enter into any arrangement with any Person providing for the leasing by it the Borrower or any Subsidiary thereof of Property real or personal property which has been or is to be sold or transferred by it the Borrower or its Subsidiary 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 property or its rental obligations, or permit any Subsidiary of the Borrower so to do, except for sale and leasing transactions described herein for which the combined selling price of all Property subject to all such transactions does not exceed $100,000,000 in any fiscal year of Borrowerobligations thereof.

Appears in 1 contract

Samples: Credit Agreement (Transaction Network Services Inc)

Sale and Leaseback. Enter into any arrangement with any Person providing for the leasing by it of Property which has been or is to be sold or transferred by it to such Person or to any other Person Per- son to whom funds have been or are to be advanced by such Person Per- son on the security of such Property or its rental obligationsobliga- tions, or permit any Subsidiary of the Borrower its Subsidiaries so to do, except for sale and leasing transactions described herein for which the combined selling price of all Property subject to all such transactions does not exceed $100,000,000 in any fiscal year of Borrower.

Appears in 1 contract

Samples: Credit Agreement (Jennifer Convertibles Inc)

Sale and Leaseback. Enter into any arrangement with any Person providing for the leasing by it such Borrower or any Subsidiary thereof of Property real, personal, immovable or movable property which has been or is to be sold or transferred by it such Borrower or such Subsidiary 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 property or its rental obligations, or permit any Subsidiary of the Borrower so to do, except for sale and leasing transactions described herein for which the combined selling price of all Property subject to all such transactions does not exceed $100,000,000 in any fiscal year of Borrowerobligations thereof.

Appears in 1 contract

Samples: Credit Agreement (Standard Automotive Corp)

AutoNDA by SimpleDocs

Sale and Leaseback. Enter into any arrangement with any Person providing for the leasing by it of Property which has been or is to be sold or transferred by it 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 its rental obligations, or permit any Subsidiary of the Borrower its Subsidiaries so to do, except for sale and leasing transactions described herein for which to the combined selling price of all Property subject to all such transactions does not exceed $100,000,000 in any fiscal year of Borrowerextent permitted under Section 8.3.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (Bet Holdings Inc)

Sale and Leaseback. Enter into any arrangement with any Person providing for the leasing by it any Obligor, as lessee, of Property property which has been or is to be sold or transferred by it such Obligor 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 property or its rental obligations, or permit the lease obligation of any Subsidiary of the Borrower so to do, except for sale and leasing transactions described herein for which the combined selling price of all Property subject to all such transactions does not exceed $100,000,000 in any fiscal year of BorrowerObligor.

Appears in 1 contract

Samples: Loan Agreement (Just Energy Group Inc.)

Sale and Leaseback. Enter into any arrangement with any Person providing for the leasing by it any Obligor, as lessee, of Property which has been or is to be sold or transferred by it such Obligor 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 its rental obligationsthe lease obligation of any Obligor, or permit other than for any Subsidiary such arrangement relative to personal Property to the extent permitted by paragraph (b) of the Borrower so to do, except for sale and leasing transactions described herein for which the combined selling price definition of all Property subject to all such transactions does not exceed $100,000,000 in any fiscal year of BorrowerPermitted Debt.

Appears in 1 contract

Samples: Assignment and Assumption (Nordion Inc.)

Sale and Leaseback. Enter into any arrangement with any Person providing for the leasing by it an Obligor, as lessee, of Property which has been or is to be sold or transferred by it such Obligor 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 its rental obligations, or permit any Subsidiary the lease obligation of the Borrower so to do, except for sale and leasing transactions described herein for which the combined selling price of all Property subject to all such transactions does not exceed $100,000,000 in any fiscal year of BorrowerObligor.

Appears in 1 contract

Samples: Loan Agreement

Sale and Leaseback. Enter into any arrangement with any Person ------------------ providing for the leasing by it such Borrower or any Subsidiary thereof of Property real or personal property which has been or is to be sold or transferred by it such Borrower or such Subsidiary 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 property or its rental obligations, or permit any Subsidiary of the Borrower so to do, except for sale and leasing transactions described herein for which the combined selling price of all Property subject to all such transactions does not exceed $100,000,000 in any fiscal year of Borrowerobligations thereof.

Appears in 1 contract

Samples: Credit Agreement (VWR Corp)

Sale and Leaseback. Enter into any arrangement with any Person providing for the leasing by it the Borrower or any Subsidiary of Property real or personal property which has been or is to be sold or transferred by it the Borrower or any Subsidiary 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 property or its rental obligations, or permit any Subsidiary obligations of the Borrower so to door such Subsidiary, except for sale and leasing such transactions described herein occurring after the Closing Date with respect to property having an aggregate value for which the combined selling price of all Property subject to all such transactions does not exceed in excess of $100,000,000 in any fiscal year of Borrower5,000,000.

Appears in 1 contract

Samples: Revolving Credit Agreement (Globalstar Telecommunications LTD)

Sale and Leaseback. Enter into any arrangement transaction with any Person providing for the leasing by it one of Property the Companies of real or personal property which has been or is to be sold or transferred by it such Company 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 property or its rental obligations, or permit any Subsidiary obligations of the Borrower so to dosuch Company, except for sale and leasing transactions described herein for any such transaction involving assets having an aggregate book value which the combined selling price of all Property subject to all such transactions does not exceed One Hundred Thousand Dollars ($100,000,000 in any fiscal year of Borrower100,000).

Appears in 1 contract

Samples: Credit Agreement (Detrex Corporation)

Sale and Leaseback. Enter into any arrangement with any Person ------------------ providing for the leasing by it the Company of Property real or personal property which has been or is to be sold or transferred by it the Company 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 property or its rental obligations, or permit any Subsidiary obligations of the Borrower so to do, except for sale and leasing transactions described herein for which the combined selling price of all Property subject to all such transactions does not exceed $100,000,000 in any fiscal year of BorrowerCompany.

Appears in 1 contract

Samples: Credit Agreement (Capital Automotive Reit)

Sale and Leaseback. Enter into any arrangement with any Person providing for the leasing by it the Borrower or any Restricted Subsidiary of Property real or personal property which has been or is to be sold or transferred by it the Borrower or such Restricted Subsidiary 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 property or its rental obligations, or permit any Subsidiary obligations of the Borrower so to do, or such Restricted Subsidiary except for sale (i) any such arrangement permitted by subsection 5.02(a)(vi) and leasing transactions described herein for which the combined selling price of all Property subject to all (ii) any such transactions does arrangement not exceed $100,000,000 in any fiscal year of Borrowerconstituting a Financing Lease.

Appears in 1 contract

Samples: Credit Agreement (Crowley Maritime Corp)

Sale and Leaseback. Enter into any arrangement with any Person providing for the leasing by it the Company of Property real or personal property which has been or is to be sold or transferred by it the Company 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 property or its rental obligations, or permit any Subsidiary obligations of the Borrower so to do, except for sale and leasing transactions described herein for which the combined selling price of all Property subject to all such transactions does not exceed $100,000,000 in any fiscal year of BorrowerCompany.

Appears in 1 contract

Samples: Credit Agreement (Jackson Hewitt Inc)

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