Common use of Sale and Leaseback Clause in Contracts

Sale and Leaseback. Borrower will not, nor will it permit any of its Subsidiaries to, sell or transfer an Unencumbered Property in order to concurrently or subsequently lease such Property as lessee.

Appears in 5 contracts

Samples: Senior Credit Agreement (Terreno Realty Corp), Senior Credit Agreement (Terreno Realty Corp), Senior Credit Agreement (Terreno Realty Corp)

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Sale and Leaseback. The Borrower will shall not, nor will shall it permit any of its Subsidiaries Subsidiary to, sell or transfer an Unencumbered a Substantial Portion of its Property in order to concurrently or subsequently lease as lessee such Property as lesseeor similar Property.

Appears in 4 contracts

Samples: Credit Agreement (Torchmark Corp), Credit Agreement (Torchmark Corp), Credit Agreement (Torchmark Corp)

Sale and Leaseback. The Borrower will not, nor will it permit not sell or transfer any of its Subsidiaries to, sell or transfer an Unencumbered Property in order to concurrently or subsequently lease as lessee such Property as lesseeor similar Property.

Appears in 3 contracts

Samples: Credit Agreement (Kansas City Power & Light Co), Credit Agreement (Kansas City Power & Light Co), Credit Agreement (Northland Cable Properties Four LTD Partnership)

Sale and Leaseback. Borrower will not, nor will it permit any of its Subsidiaries to, sell or transfer an Unencumbered a Borrowing Base Property in order to concurrently or subsequently lease such Property as lessee.

Appears in 3 contracts

Samples: Senior Credit Agreement (Terreno Realty Corp), Senior Revolving Credit Agreement (Terreno Realty Corp), Senior Revolving Credit Agreement (Terreno Realty Corp)

Sale and Leaseback. The Borrower will not, nor will it permit any of its Subsidiaries ------------------ Subsidiary to, sell or transfer an Unencumbered a Substantial Portion of its Property in order to concurrently or subsequently lease as lessee such Property as lesseeor similar Property.

Appears in 3 contracts

Samples: Assignment Agreement (Torchmark Corp), Credit Agreement (Torchmark Corp), Credit Agreement (Torchmark Corp)

Sale and Leaseback. The Borrower will not, nor will it permit any of its Subsidiaries to, sell or transfer an Unencumbered any of its Property in order to concurrently or subsequently lease as lessee such Property as lesseeor similar Property.

Appears in 3 contracts

Samples: Credit Agreement (Washington Real Estate Investment Trust), Credit Agreement (Washington Real Estate Investment Trust), Credit Agreement (Washington Real Estate Investment Trust)

Sale and Leaseback. The Borrower will not, nor will it permit the Parent or any of its itstheir respective Subsidiaries to, sell or transfer an Unencumbered a Substantial Portion of its Property in order to concurrently or subsequently lease such Property as lessee.

Appears in 3 contracts

Samples: Credit Agreement (Kite Realty Group, L.P.), Term Loan Agreement (Kite Realty Group, L.P.), Term Loan Agreement (Kite Realty Group, L.P.)

Sale and Leaseback. The Borrower will not, nor will it permit any of its Subsidiaries to, sell or transfer an Unencumbered a substantial portion of its Property in order to concurrently or subsequently lease such Property as lessee.

Appears in 2 contracts

Samples: Credit Agreement (Retail Value Inc.), Credit Agreement (DDR Corp)

Sale and Leaseback. The Borrower will not, nor will it permit any Guarantor or any of its their respective Subsidiaries to, sell or transfer an Unencumbered a Substantial Portion of its Property in order to concurrently or subsequently lease such Property as lessee.

Appears in 2 contracts

Samples: Credit Agreement (RPT Realty), Assignment Agreement (Ramco Gershenson Properties Trust)

Sale and Leaseback. The Borrower will not, nor will it permit any of its Subsidiaries Subsidiary to, sell or transfer an Unencumbered a Substantial Portion of its Property in order to concurrently or subsequently lease as lessee such Property as lesseeor similar Property.

Appears in 2 contracts

Samples: Assignment and Assumption Agreement (Torchmark Corp), Assignment and Assumption Agreement (Torchmark Corp)

Sale and Leaseback. The Borrower will not, nor will it permit any of its Subsidiaries to, sell or transfer an Unencumbered Property a substantial portion of the Properties of the Borrower and its Wholly-Owned Subsidiaries, taken as a whole, in order to concurrently or subsequently lease such Property as lessee.

Appears in 2 contracts

Samples: Credit Agreement (SITE Centers Corp.), Credit Agreement (SITE Centers Corp.)

Sale and Leaseback. The Borrower will not, nor will it permit any of its Subsidiaries to, sell or transfer an Unencumbered Property any property in order to concurrently or subsequently lease as lessee such Property as lesseeor similar property.

Appears in 2 contracts

Samples: Loan Agreement (Hughes Electronics Corp), Vendor Credit Financing Agreement (Hughes Electronics Corp)

Sale and Leaseback. Borrower The Borrowers will not, nor will it they permit any of its Subsidiaries Credit Party to, sell or transfer an Unencumbered any of its Property in order to concurrently or subsequently lease as lessee such Property as lesseeor similar Property.

Appears in 2 contracts

Samples: Credit Agreement (Astec Industries Inc), Credit Agreement (Astec Industries Inc)

Sale and Leaseback. Borrower will not, nor will it permit any of its Subsidiaries to, sell or transfer an Unencumbered all or a Substantial Portion of its Property in order to concurrently or subsequently lease as lessee such Property as lesseeor similar Properties.

Appears in 2 contracts

Samples: Assignment Agreement (Duriron Co Inc), Credit Agreement (Pioneer Standard Electronics Inc)

Sale and Leaseback. The Borrower will not, nor will it permit the Parent or any of its their respective Subsidiaries to, sell or transfer an Unencumbered a Substantial Portion of its Property in order to concurrently or subsequently lease such Property as lessee.

Appears in 2 contracts

Samples: Credit Agreement (Kite Realty Group, L.P.), Term Loan Agreement (Kite Realty Group, L.P.)

Sale and Leaseback. Borrower will not, nor will it permit any of its Subsidiaries to, sell or transfer an Unencumbered Property a Collateral Asset in order to concurrently or subsequently lease such Property as lessee.

Appears in 1 contract

Samples: Senior Secured Term Loan Agreement (Terreno Realty Corp)

Sale and Leaseback. The Borrower will not, nor will it permit any of ------------------ its Subsidiaries to, sell or transfer an Unencumbered any of its Property in order to concurrently or subsequently lease as lessee such Property as lesseeor similar Property.

Appears in 1 contract

Samples: Assignment Agreement (Washington Real Estate Investment Trust)

Sale and Leaseback. The Borrower will not, nor will it permit any of its Subsidiaries Subsidiary to, sell or transfer an Unencumbered any of its Property in order to concurrently or subsequently lease as lessee such Property as lesseeor similar Property. 6.15.

Appears in 1 contract

Samples: Term Loan Agreement (Banknorth Group Inc /New/ /De/)

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Sale and Leaseback. Borrower The Borrowers will not, nor will it they permit any of its their Subsidiaries to, sell or transfer an Unencumbered a Substantial Portion of its Property in order to concurrently or subsequently lease such Property as lessee.

Appears in 1 contract

Samples: Credit Agreement (Inland Retail Real Estate Trust Inc)

Sale and Leaseback. Borrower will not, nor will it permit any of its Subsidiaries to, sell or transfer an Unencumbered a Substantial Portion of its Property in order to concurrently or subsequently lease such Property as a lessee.

Appears in 1 contract

Samples: Unsecured Loan Agreement (Inland Real Estate Corp)

Sale and Leaseback. Neither Borrower will notwill, nor will it either Borrower permit any of its Subsidiaries to, sell or transfer an Unencumbered Property a Substantial Portion of their Properties in order to concurrently or subsequently lease such Property Properties as lessee.. 6.15

Appears in 1 contract

Samples: Credit Agreement (Inland Retail Real Estate Trust Inc)

Sale and Leaseback. The Borrower will not, nor will it permit ------------------ any of its Subsidiaries Subsidiary to, sell or transfer an Unencumbered a Substantial Portion of its Property in order to concurrently or subsequently lease as lessee such Property as lesseeor similar Property.

Appears in 1 contract

Samples: Credit Agreement (Torchmark Corp)

Sale and Leaseback. Each Borrower will not, nor will it permit any of its Subsidiaries to, sell or transfer an Unencumbered all or a Substantial Portion of its Property in order to concurrently or subsequently lease as lessee such Property as lesseeor similar Properties.

Appears in 1 contract

Samples: Credit Agreement (Pioneer Standard Electronics Inc)

Sale and Leaseback. Neither Borrower will notwill, nor will it either Borrower permit any of its Subsidiaries to, sell or transfer an Unencumbered Property a Substantial Portion of their Properties in order to concurrently or subsequently lease such Property Properties as lessee.

Appears in 1 contract

Samples: Credit Agreement (Inland Retail Real Estate Trust Inc)

Sale and Leaseback. Borrower The Borrowers will not, nor will it they permit any of its Subsidiaries their Affiliates to, sell or transfer an Unencumbered Property any property in order to concurrently or subsequently lease as lessee such Property as lesseeor similar property.

Appears in 1 contract

Samples: Credit Agreement (Lasalle Partners Inc)

Sale and Leaseback. Borrower The Borrowers and the Parent will not, nor will it they permit any of its their Subsidiaries to, sell or transfer an Unencumbered Property any property in order to concurrently or subsequently lease as lessee such Property as lesseeor similar property except in connection with Capitalized Leases or Purchase Money Debt permitted under Section 5.08 hereof.

Appears in 1 contract

Samples: Credit Agreement (Quaker Fabric Corp /De/)

Sale and Leaseback. Borrower will not, nor will it permit any of its Subsidiaries to, sell or transfer an Unencumbered a Substantial Portion of its Property in order to concurrently or subsequently lease such Property as lessee.

Appears in 1 contract

Samples: Term Loan Agreement (Developers Diversified Realty Corp)

Sale and Leaseback. The Borrower will not, nor will it permit any of its Subsidiaries Guarantor to, sell or transfer an Unencumbered Property any property in order to concurrently or subsequently lease as lessee such Property as lesseeor similar property.

Appears in 1 contract

Samples: Credit Agreement (Patterson Energy Inc)

Sale and Leaseback. The Borrower will not, nor will it permit any of its Subsidiaries Subsidiary to, sell or transfer an Unencumbered any of its Property in order to concurrently or subsequently lease as lessee such Property as lessee.or similar Property. 1.6 1.7

Appears in 1 contract

Samples: Credit Agreement (Littelfuse Inc /De)

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