Sale and Leaseback Transactions means with respect to any Person an arrangement with any bank, insurance company or other lender or investor or to which such lender or investor is a party, providing for the leasing by such Person of any asset of such Person which has been or is being sold or transferred by such Person to such lender or investor or to any Person to whom funds have been or are to be advanced by such lender or investor on the security of such asset.
Sale and Leaseback Transactions means an arrangement relating to a Property owned by the Company or a Subsidiary of the Company on the Issue Date or thereafter acquired by the Company or a Subsidiary of the Company whereby the Company or a Subsidiary of the Company transfers such property to a Person and the Company or the Subsidiary of the Company leases it from such Person.
Sale and Leaseback Transactions shall have the meaning provided in Section 8.11.
Examples of Sale and Leaseback Transactions in a sentence
The Indenture imposes certain limitations on the ability of the Issuer and the Guarantors to, among other things, create liens, enter into Sale and Leaseback Transactions and on the ability of the Issuer and the Parent Guarantor to consolidate, merge or sell all or substantially all of the assets of the Issuer and its Subsidiaries and requires the Parent Guarantor to provide reports to Holders of the 2031 Notes.
More Definitions of Sale and Leaseback Transactions
Sale and Leaseback Transactions means Existing Property Sale and Leaseback Transactions and New Property Sale and Leaseback Transactions, in each case, permitted to be entered into by the Borrower or any of its Subsidiaries pursuant to Section 7.13(a).
Sale and Leaseback Transactions means any direct or indirect arrangement relating to property with a book value in excess of $10.0 million now owned or hereafter acquired whereby the Company or a Restricted Subsidiary transfers such property to another Person and the Company or a Restricted Subsidiary leases it from such Person other than a lease properly characterized pursuant to GAAP as a Capital Lease Obligation.
Sale and Leaseback Transactions means an arrangement relating to property now owned or hereafter acquired whereby the Company or a Restricted Subsidiary transfers such property to a Person and thereafter leases it from such Person.
Sale and Leaseback Transactions means an arrangement relating to a Property owned by the Issuer or a Subsidiary of the Issuer on the Issue Date or thereafter acquired by the Issuer or a Subsidiary of the Issuer whereby the Issuer or a Subsidiary of the Issuer transfers such Property to a Person (in contemplation of leasing such Property from such Person) and the Issuer or the Subsidiary of the Issuer leases it from such Person.
Sale and Leaseback Transactions as defined in Section 6.10.
Sale and Leaseback Transactions has the meaning specified in Section 11.02.
Sale and Leaseback Transactions means with respect to any Person an arrangement with any bank, insurance company or other lender or investor or to which such lender or investor is a