Permitted Sale and Leaseback definition

Permitted Sale and Leaseback means a sale and leaseback transaction that is in respect of Equipment that is first acquired by Borrower or any of its Subsidiaries after the date hereof (“Sale and Leaseback”), so long as:

Permitted Sale and Leaseback the sale and leaseback of the property located at 0000 Xxxxx Xxxxxxxxxx Xxxxxx, Xxxxxxx, Xxxxxxxxxx.

Permitted Sale and Leaseback means any Sale and Leaseback Transaction with respect to the sale, transfer or disposition of real property or other property consummated by the Issuer or any of its Restricted Subsidiaries after the Issue Date; provided that any such Sale and Leaseback Transaction must be consummated for fair market value as determined at the time of consummation in good faith by the Issuer or such Restricted Subsidiary (which such determination may take into account any retained interest or other Investment of the Issuer or such Restricted Subsidiary in connection with, and any other material economic terms of, such Sale and Leaseback Transaction).

Examples of Permitted Sale and Leaseback in a sentence

• Each visitor should feel welcome and encouraged to talk with any member of the team so that they leave feeling that they have had a great visitor experience.

• As it was already said before, the SBC syndrome is a dynamic process, and due to this fact we think that analysis of previous bailouts must be considered as an essential.

• Indebtedness relating to the Permitted Sale and Leaseback Transaction.

• No Loan Party shall enter into any sale-leaseback, synthetic lease or similar transaction involving any of its property or assets except pursuant to a Permitted Sale and Leaseback Transaction.

• Permitted Sale and Leaseback Program shall mean sale/leaseback transaction, Synthetic Lease or other similar tax equity financing arrangement entered into, in any case, with respect to meter assets that are non-recourse to the Loan Parties or, if recourse to the Loan Parties, are not restricted under any provision of this Agreement.

More Definitions of Permitted Sale and Leaseback

Permitted Sale and Leaseback means any sale and leaseback on arms’ length terms of any Real Property or any interest in Real Property (but excluding for the avoidance of doubt any sale and leaseback which would constitute, a Finance Lease) by any Portfolio Company, provided that:

Permitted Sale and Leaseback means any Sale and Leaseback Transaction with respect to the sale, transfer or disposition of real property or other property consummated by the Issuer or any of its Restricted Subsidiaries after the Issue Date; provided that any such Sale and Leaseback Transaction must be consummated for fair market value as determined at the time of consummation in good faith by the Issuer or such Restricted Subsidiary (which such determination may take into account any retained interest or other Investment of the Issuer or such Restricted Subsidiary in connection with, and any other material economic terms of, such Sale and Leaseback).

Permitted Sale and Leaseback means the disposal of tooling, machinery and other equipment used in the production or development of cars (each, a “Tooling Asset”) (for the avoidance of doubt, not including cars) by a Group Member to the Keepwell Provider or any of its Affiliates on terms where they may be leased back to a Group Member, provided that the aggregate amount of the book value of such Tooling Assets disposed of under such arrangement does not exceed (aggregated with any other such sale and leaseback arrangements) US$150,000,000 (or its equivalent) in any Financial Year of the Group.

Permitted Sale and Leaseback means the sale and lease back of the property located at Xxxxxxxxxxxxxxxx 0, X-00000 Xxxxxxxx, Xxxxxxx owned by Transmark DRW GmbH for a maximum aggregate consideration of no more than €2,000,000 (or its equivalent).

Permitted Sale and Leaseback means the sale and leaseback of the real estate assets at Xxx Xxxx Xxxxxxx 0, 0000, Xxxxxxxxx, Xxxxxxx-xx-Xxxxx, Xxxxxxx.

Permitted Sale and Leaseback means the sale of a research and development site at High Wycombe and leaseback of part of such site for fair market value and any other sale and leaseback approved by the Majority Banks;

Permitted Sale and Leaseback means the sale and lease back of the property located at Rohwedderstrasse 6, D-44369 Dortmund, Germany owned by Transmark DRW GmbH for a maximum aggregate consideration of no more than €2,000,000 (or its equivalent).