Examples of Permitted Sale-Leaseback Transaction in a sentence
Upon the First Amendment Effective Date, Lender shall remove the Tampa Reserve; provided, however that the Tampa Reserve shall be reinstituted immediately if the Permitted Sale-Leaseback Transaction shall not be consummated (pursuant to documentation in form and substance satisfactory in Lender’s Permitted Discretion delivered to Lender) on or prior to March 11, 2016.
If the Permitted Sale-Leaseback Transaction shall be consummated after March 11, 2016, then the Tampa Reserve shall be removed upon Lender’s receipt of evidence of the consummation of such Permitted Sale-Leaseback Transaction.
If the Permitted Sale-Leaseback Transaction shall be consummated after March 11, 2016, then the Howard Street Reserve shall be removed upon Lender’s receipt of evidence of the consummation of such Permitted Sale-Leaseback Transaction.
Make any Asset Disposition, except a Permitted Asset Disposition, a disposition of Vessels or Equipment under Section 8.4.2, a Permitted Sale-Leaseback Transaction or a transfer of Property by a Restricted Subsidiary or Obligor to an Obligor.
No Credit Party shall engage in any sale-leaseback, synthetic lease or similar transaction involving any of its assets, except a Permitted Sale-Leaseback Transaction.