Common use of Lease Obligations Clause in Contracts

Lease Obligations. Create, incur or suffer to exist, or permit any of its Subsidiaries to create, incur or suffer to exist, any obligations as lessee (i) for the payment of rent for any real or personal property in connection with any sale and leaseback transaction (other than any existing sale and leaseback transaction in effect on the Effective Date), or (ii) for the payment of rent for any real or personal property under leases or agreements to lease other than Operating Lease Obligations entered into in the ordinary course of business and Capitalized Lease Obligations otherwise permitted hereunder.

Appears in 7 contracts

Samples: Financing Agreement (Funko, Inc.), Financing Agreement (Funko, Inc.), Financing Agreement (Funko, Inc.)

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Lease Obligations. Create, incur or suffer to exist, or permit any of its Subsidiaries to create, incur or suffer to exist, any obligations as lessee (i) for the payment of rent for any real or personal property in connection with any sale and leaseback transaction (other than any existing sale and leaseback transaction in effect on the Effective Date), or (ii) for the payment of rent for any real or personal property under leases or agreements to lease other than Operating Lease Obligations entered into in the ordinary course of business and Capitalized Lease Obligations otherwise permitted hereundertransaction.

Appears in 6 contracts

Samples: Financing Agreement (Angie's List, Inc.), Financing Agreement (Angie's List, Inc.), Financing Agreement (Lifevantage Corp)

Lease Obligations. Create, incur incur, assume or suffer to exist, or permit any of its Subsidiaries Subsidiary to create, incur incur, assume or suffer to exist, any obligations as lessee (i) for the payment rental or hire of rent for any real or personal property in connection with any sale and leaseback transaction (other than any existing sale and leaseback transaction in effect on the Effective Date), or (ii) for the payment of rent for any real or personal property under leases or agreements to lease other than Operating Lease Obligations entered into in the ordinary course of business and Capitalized Lease Obligations otherwise permitted hereundertransaction.

Appears in 4 contracts

Samples: Note Purchase Agreement (Dynasil Corp of America), Note Purchase Agreement (Dynasil Corp of America), Note Purchase Agreement (World Energy Solutions, Inc.)

Lease Obligations. Create, incur or suffer to exist, or permit any of its their Subsidiaries to create, incur or suffer to exist, any obligations as lessee (i) for the payment of rent for any real or personal property in connection with any sale and leaseback transaction (other than any existing sale and leaseback transaction in effect on the Effective Date)transaction, or (ii) for the payment of rent for any real or personal property under leases or agreements to lease other than Operating Lease Obligations entered into in the ordinary course of business and Capitalized Lease Obligations otherwise permitted hereunder.or

Appears in 1 contract

Samples: Financing Agreement (Outsource International Inc)

Lease Obligations. Create, incur incur, assume or suffer to exist, or permit any of its Restricted Subsidiaries to create, incur incur, assume or suffer to exist, any obligations as lessee (i) for the payment rental or hire of rent for any real or personal property in connection with of any sale and leaseback transaction (other than any existing sale and leaseback transaction in effect on the Effective Date), or (ii) for the payment of rent for any real or personal property kind under leases or agreements to lease (other than Operating Lease Obligations entered into in the ordinary course leases which constitute Debt) having an original term of business and Capitalized Lease Obligations otherwise permitted hereunder.one year or more which would

Appears in 1 contract

Samples: Credit Agreement (CMS Energy Corp)

Lease Obligations. Create, incur incur, assume or suffer to exist, or permit any of its Subsidiaries to create, incur incur, assume or suffer to exist, any obligations as lessee (i) for the payment rental or hire of rent for any real or personal property in connection with any sale and -61- 62 leaseback transaction (other than any existing sale and leaseback transaction in effect on the Effective Date)transaction, or (ii) for the payment rental or hire of rent for any other real or personal property of any kind under leases or agreements to lease other than Operating Lease Obligations entered into in the ordinary course Capitalized Leases permitted by Section 5.02(b) having an original term of business and Capitalized Lease Obligations otherwise permitted hereunderone year or more.

Appears in 1 contract

Samples: Credit Agreement (Carlyle Industries Inc)

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Lease Obligations. Create, incur incur, assume or suffer to exist, or permit any of its Subsidiaries to create, incur incur, assume or suffer to exist, any obligations as lessee (i) for the payment rental or hire of rent for any real or personal property in connection with any sale and leaseback transaction (other than any existing sale and leaseback transaction in effect on the Effective Date)transaction, or (ii) for the payment rental or hire of rent for any other real or personal property of any kind under leases or agreements to lease other than Operating Lease Obligations entered into (excluding Capitalized Leases), in each case under clause (i) or (ii) above, except in the ordinary course of business and Capitalized Lease Obligations otherwise permitted hereunderbusiness.

Appears in 1 contract

Samples: Omnibus Credit Agreement (McDermott International Inc)

Lease Obligations. Create, incur or suffer to exist, or permit any of its Subsidiaries to create, incur or suffer to exist, any obligations as lessee (i) for the payment of rent for any real or personal property in connection with any sale and leaseback transaction (other than any existing sale and leaseback transaction in effect on the Effective Date)transaction, or (ii) for the payment of rent for any real or personal property under leases or agreements to lease other than Capitalized Lease Obligations and Operating Lease Obligations entered into in existing on the ordinary course of business and Capitalized Lease Obligations otherwise permitted hereunderdate hereof, which have been disclosed to Lender.

Appears in 1 contract

Samples: Debtor in Possession Financing Agreement (Canargo Energy Corp)

Lease Obligations. Create, incur incur, assume or suffer to exist, or permit any of its Subsidiaries to create, incur incur, assume or suffer to exist, any obligations as lessee (i) for the payment rental or hire of rent for any real or personal property in connection with any sale and leaseback transaction (other than any existing sale and leaseback transaction in effect on the Effective Date), or (ii) for the payment of rent for any real or personal property under leases or agreements to lease other than Operating Lease Obligations entered into in the ordinary course of business and Capitalized Lease Obligations otherwise permitted hereundertransaction.

Appears in 1 contract

Samples: Senior Secured Credit Agreement (Aleph Group, Inc)

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