Common use of Limitation on Sale and Leaseback Transactions Clause in Contracts

Limitation on Sale and Leaseback Transactions. No Credit Party will, or will permit any Subsidiary to, directly or indirectly, enter into any arrangement with any Person whereby, in a substantially contemporaneous transaction, any Credit Party 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.

Limitation on Sale and Leaseback Transactions. No Except as permitted under clause (i) of Permitted Asset Dispositions, no Credit Party will, or will permit any Subsidiary to, directly or indirectly, enter into any arrangement with any Person whereby, in a substantially contemporaneous transaction, any Credit Party 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.

Limitation on Sale and Leaseback Transactions. No Credit Party willshall, or will nor shall it permit any Subsidiary to, directly or indirectly, enter into any arrangement with any Person whereby, whereby in a substantially contemporaneous transaction, any Credit Party transaction the 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.

Limitation on Sale and Leaseback Transactions. No Credit Party will, or will permit any Subsidiary to, directly or indirectly, enter into any arrangement with any Person whereby, in a substantially contemporaneous transaction, any Credit Party 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.. MidCap / Xtant / A&R Credit, Security and Guaranty Agreement (Revolving Loan)

Limitation on Sale and Leaseback Transactions. No Other than the Permitted Sale Leaseback, no Credit Party will, or will permit any Subsidiary to, directly or indirectly, enter into any arrangement with any Person whereby, in a substantially contemporaneous transaction, any Credit Party 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.

Limitation on Sale and Leaseback Transactions. No Each Credit Party willwill not, or and each Credit Party will not permit any Subsidiary of its Subsidiaries to, directly or indirectly, enter into any arrangement with any Person whereby, in a substantially contemporaneous transaction, any a Credit Party or any Subsidiaries Subsidiary of any Credit Party 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.

Limitation on Sale and Leaseback Transactions. No Each Party will not, and each Credit Party will, or will not permit any Subsidiary of its Subsidiaries to, directly or indirectly, enter into any arrangement with any Person whereby, in a substantially contemporaneous transaction, any a Credit Party or any Subsidiaries Subsidiary of any Credit Party 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.

Limitation on Sale and Leaseback Transactions. No Credit Party willshall, or will nor shall it permit any Subsidiary to, directly or indirectly, enter into any arrangement with any Person whereby, whereby in a substantially contemporaneous transaction, any Credit Party 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.

Limitation on Sale and Leaseback Transactions. No Credit Party Borrower will, or will permit any Subsidiary Credit Party to, directly or indirectly, enter into any arrangement with any Person whereby, in a substantially contemporaneous transaction, any Borrower or any Credit Party 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.

Limitation on Sale and Leaseback Transactions. No Credit Party will, or will permit any Subsidiary (except any Excluded Subsidiary unless expressly required by the terms of this Agreement or any of the other Financing Documents) to, directly or indirectly, enter into any arrangement with any Person whereby, in a substantially contemporaneous transaction, any Credit Party 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.

Limitation on Sale and Leaseback Transactions. No Credit Party will, or will permit any Subsidiary to, directly or indirectly, enter into any arrangement with any Person whereby, in a substantially contemporaneous transaction, any Credit Party 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; provided, that the foregoing shall not prohibit any Permitted Sale and Leaseback Transaction.

Limitation on Sale and Leaseback Transactions. No Credit Party will, or will permit any Subsidiary to, directly or indirectly, enter into any arrangement with any Person whereby, in a substantially contemporaneous transaction, any Credit Party 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 assetasset other than any such arrangement solely between Credit Parties.