Limitation on Sale and Leaseback Transactions. No Borrower will, or will permit any Subsidiary to, directly or indirectly, enter into any arrangement with any Person whereby, in a substantially contemporaneous transaction, any Borrower or any Subsidiaries sells or transfers all or substantially all of its right, title and interest in an asset and, in connection therewith, acquires or leases back the right to use such asset.
Appears in 72 contracts
Samples: Credit and Security Agreement (Term Loan) (Treace Medical Concepts, Inc.), Credit and Security Agreement (Treace Medical Concepts, Inc.), Credit and Security Agreement (Term Loan) (Akoya Biosciences, Inc.)
Limitation on Sale and Leaseback Transactions. No Except for any Permitted Winmark Sale Leaseback Transaction, no Borrower will, or will permit any Subsidiary to, directly or indirectly, enter into any arrangement with any Person whereby, in a substantially contemporaneous transaction, any Borrower or any Subsidiaries sells or transfers all or substantially all of its right, title and interest in an asset and, in connection therewith, acquires or leases back the right to use such asset.
Appears in 5 contracts
Samples: Credit and Security Agreement (Aterian, Inc.), Credit and Security Agreement (Mohawk Group Holdings, Inc.), Credit and Security Agreement (Mohawk Group Holdings, Inc.)
Limitation on Sale and Leaseback Transactions. No Borrower willwill not, or and will not permit any Subsidiary to, directly or indirectly, enter into any arrangement with any Person whereby, whereby in a substantially contemporaneous transaction, any transaction Borrower or any of its Subsidiaries sells or transfers all or substantially all of its right, title and interest in an asset and, in connection therewith, acquires or leases back the right to use such asset.
Appears in 5 contracts
Samples: Credit Agreement (Sport Supply Group, Inc.), Credit Agreement (Obagi Medical Products, Inc.), Credit Agreement (Collegiate Pacific Inc)
Limitation on Sale and Leaseback Transactions. No Borrower Obligor will, or will permit any Subsidiary to, directly or indirectly, enter into any arrangement with any Person whereby, in a substantially contemporaneous transaction, any Borrower Obligor or any Subsidiaries sells or transfers all or substantially all of its right, title and interest in an asset and, in connection therewith, acquires or leases back the right to use such asset.
Appears in 3 contracts
Samples: Note Purchase Agreement (Staffing 360 Solutions, Inc.), Note Purchase Agreement (Staffing 360 Solutions, Inc.), Note and Warrant Purchase Agreement (Staffing 360 Solutions, Inc.)
Limitation on Sale and Leaseback Transactions. No Borrower will, or will permit any Subsidiary to, directly or indirectly, enter into any arrangement with any Person whereby, in a substantially contemporaneous transaction, any Borrower or any Subsidiaries subsidiaries sells or transfers all or substantially all of its right, title and interest in an asset and, in connection therewith, acquires or leases back the right to use such asset.
Appears in 2 contracts
Samples: Credit and Security Agreement (AlerisLife Inc.), Credit and Security Agreement (Emeritus Corp\wa\)
Limitation on Sale and Leaseback Transactions. No Borrower will, or will permit any Subsidiary to, directly or indirectly, enter into any arrangement with any Person whereby, in a substantially contemporaneous transaction, any Borrower or any Subsidiaries sells or transfers all or substantially all of its right, title and interest in an asset and, in connection therewith, acquires or leases back the right to use such asset, other than any sale and leaseback of the Closing Date Real Property.
Appears in 2 contracts
Samples: Revolving Credit and Security Agreement (Spectranetics Corp), Term Credit and Security Agreement (Spectranetics Corp)
Limitation on Sale and Leaseback Transactions. No Borrower will, or will permit any Subsidiary to, directly or indirectly, to enter into any arrangement with any Person whereby, in a substantially contemporaneous transaction, any Borrower or any Subsidiaries Subsidiary sells or transfers all or substantially all of its right, title and interest in an asset and, in connection therewith, acquires or leases back the right to use such assetasset (a “Sale-Leaseback Transaction”), other than a Sale-Leaseback Transaction with respect to any building or property (other than Collateral) used in the PML Business.
Appears in 1 contract
Samples: Credit Agreement (Pernix Therapeutics Holdings, Inc.)
Limitation on Sale and Leaseback Transactions. No Borrower will, or will permit any Subsidiary to, directly or indirectly, enter into any arrangement with any Person whereby, in a substantially contemporaneous transaction, any Borrower or any Subsidiaries sells or transfers all or substantially all of its right, title and interest in an asset and, in connection therewith, acquires or leases back the right to use such asset..
Appears in 1 contract
Samples: Credit and Security Agreement (Term Loan) (Akoya Biosciences, Inc.)
Limitation on Sale and Leaseback Transactions. No Borrower will, or will permit any Subsidiary to, directly or indirectly, enter into any arrangement with any Person whereby, whereby in a substantially contemporaneous transaction, transaction any Borrower or any Subsidiaries sells or transfers all or substantially all of its right, title and interest in an asset and, in connection therewith, acquires or leases back the right to use such asset.
Appears in 1 contract
Limitation on Sale and Leaseback Transactions. No Borrower will, or will permit any Subsidiary to, directly or indirectly, enter into any arrangement with any Person whereby, in a substantially contemporaneous transaction, any Borrower or any Subsidiaries sells or transfers all or substantially all of its right, title and interest in an asset and, in connection therewith, acquires or leases back the right to use such asset, except that Company may sell or transfer and lease back the Mortgaged Property in a Permitted Asset Disposition.
Appears in 1 contract
Samples: Credit and Security Agreement (Seracare Life Sciences Inc)
Limitation on Sale and Leaseback Transactions. No Borrower will, or will permit any Subsidiary to, directly or indirectly, enter into any arrangement with any Person whereby, in a substantially contemporaneous transaction, any Borrower or any Subsidiaries sells or transfers all or substantially all of its right, title and interest in an asset and, in connection therewith, acquires or leases back the right to use such asset, other than any such arrangements between any Borrower and PCHI.
Appears in 1 contract
Samples: Credit and Security Agreement (Integrated Healthcare Holdings Inc)
Limitation on Sale and Leaseback Transactions. No Borrower will, or will permit any Subsidiary to, directly or indirectly, enter into any arrangement with any Person whereby, in a substantially contemporaneous transaction, any Borrower or any Subsidiaries Subsidiary sells or transfers all or substantially all of its right, title and interest in an asset and, in connection therewith, acquires or leases back the right to use such asset.. SAN_FRANCISCO/#11685.11
Appears in 1 contract
Samples: Credit and Security Agreement (Skilled Healthcare Group, Inc.)
Limitation on Sale and Leaseback Transactions. No Borrower willwill not, or and will not permit any Subsidiary to, directly or indirectly, enter into any arrangement with any Person whereby, whereby in a substantially contemporaneous transaction, any transaction Borrower or any Subsidiaries Subsidiary sells or transfers all or substantially all of its right, title and interest in an asset and, in connection therewith, acquires or leases back the right to use such asset.
Appears in 1 contract
Samples: Credit Agreement (Palace Entertainment Holdings, Inc.)
Limitation on Sale and Leaseback Transactions. No Borrower will, or will permit any Subsidiary to, directly or indirectly, enter into any arrangement with any Person whereby, in a substantially contemporaneous transaction, any Borrower or any Subsidiaries Subsidiary sells or transfers all or substantially all of its right, title and interest in an asset and, in connection therewith, acquires or leases back the right to use such asset.. CHICAGO/#2502765.12
Appears in 1 contract
Samples: Credit and Security Agreement (Skilled Healthcare Group, Inc.)
Limitation on Sale and Leaseback Transactions. No Borrower will, or will permit any Subsidiary to, directly or indirectly, enter into any arrangement with any Person whereby, in a substantially contemporaneous transaction, any Borrower or any Subsidiaries sells or transfers all or substantially all of its right, title and interest in an asset and, in connection therewith, acquires or leases back the right to use such asset, other than sale/leaseback transactions of equipment consisting of rolling stock.
Appears in 1 contract