Lease Transactions. Enter into any sale and lease-back arrangement, either directly or indirectly.
Lease Transactions. Borrower shall not enter into any sale and lease-back arrangement, either directly or indirectly without the prior consent of Lender which consent shall not be unreasonable withheld or conditioned.
Lease Transactions. No Obligor Party shall enter into any arrangement with any Person providing for the leasing by an Obligor Party of real or personal property that has been or is to be sold or transferred by an Obligor Party 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 any Obligor Party, other than any such arrangement (a) that is permitted by Section 6.04 or (b) that is approved by the Required Lenders, such approval not to be unreasonably withheld, conditioned or delayed.
Lease Transactions. No Loan Party shall enter into any arrangement with any Person providing for the leasing by a Loan Party of real or personal property that has been or is to be sold or transferred by a Loan Party 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 any Loan Party, other than any such arrangement (a) that is permitted by Section 6.04 or (b) that is approved by the Required Lenders, such approval not to be unreasonably withheld, conditioned or delayed.
Lease Transactions. Each Lease Transaction shall take place as follows, and in accordance with such policies and procedures as more specifically agreed in writing by the parties:
Lease Transactions. Neither the Borrower nor any Permitted Project Company shall enter into any transaction for the lease of any assets, whether operating leases, capital leases or otherwise, other than the transactions contemplated by the PILOT Agreements and Permitted Rail Car Leases, pursuant to any lease constituting Permitted Debt or pursuant to leases of automobiles, office equipment or the like pursuant to which the aggregate annual lease payments by the Borrower do not exceed $100,000 per calendar year (in year 2007 Dollars adjusted for inflation in accordance with GDP-IPD Index).
Lease Transactions. Borrower shall not enter into any transaction for the lease of any assets, whether operating leases, capital leases or otherwise, other than any lease constituting Permitted Debt.
Lease Transactions. No Co-Borrower shall enter into any transaction after the date hereof for the lease of any assets, whether operating leases, Capital Leases or otherwise, other than any one or more of the following: (a) any lease constituting Permitted Debt, (b) leases of automobiles, office equipment or other real or personal property pursuant to which the annual lease payments by such Co-Borrower do not exceed $5,000,000 in the aggregate in any fiscal year, (c) any transactions contemplated in the then applicable Annual Operating Budget, (d) any lease described on Exhibit G-8, (e) any lease consented to by Administrative Agent (such consent not to be unreasonably withheld or delayed) and (f) leases of Gas Properties made pursuant to the terms of the Joint Development Agreement.
Lease Transactions. Either (a) amend, modify, waive, or supplement the terms of the Lease Agreement, the Option Agreement, the Subordination Agreements, or the Memorandum of Lease without the consent of the Required Lenders (other than administrative changes of a technical or immaterial nature that are not adverse to the Lenders or changes to the legal description of the Leased Property (as defined in the Lease Agreement) to include either the Delayed Lease Property or the Substitute Property, as applicable, provided that such Delayed Lease Property or Substitute Property is subject to a Mortgage in favor of Agent on behalf of the Lenders at the time of such change to the legal description), or (b) enter into any additional documents with respect to the Lease Transactions (other than the documents required in connection with Article 5(h) hereof, the Tenant Deed of Trust substantially in the form of Exhibit K hereto or such documents necessary to provide that the Delayed Lease Property or the Substitute Property, as applicable, constitutes part of the Leased Property (as defined in the Lease Agreement), including an amendment to the Tenant Deed of Trust, provided that such Delayed Lease Property or Substitute Property is subject to a Mortgage in favor of Agent on behalf of the Lenders at the time of entering into such documents) without the consent of the Required Lenders, not to be unreasonably withheld or delayed.”
Lease Transactions. Enter into any sale and lease-back arrangement, except as may be provided in the Orderly Liquidation Budget.
