Limitation on Sale and Leaseback. Borrower will not enter into any arrangement whereby it will sell or transfer any real property or improvements thereon or other fixed assets owned by it and then or thereafter rent or lease as lessee such property, improvements or assets or any part thereof, or other property which any Borrower shall intend to use for substantially the same purposes as the property sold or transferred.
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Samples: Loan and Security Agreement (Consolidated Stainless Inc), Loan and Security Agreement (Consolidated Stainless Inc)
Limitation on Sale and Leaseback. No Borrower will not enter into any arrangement whereby it will sell or transfer any real property or improvements thereon or other fixed assets owned by it and then or thereafter rent or lease as lessee such property, improvements or assets or any part thereof, or other property which any such Borrower shall intend to use for substantially the same purposes as the property sold or transferred.
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Samples: Loan and Security Agreement (InfoLogix Inc), Loan and Security Agreement (Adage Inc)
Limitation on Sale and Leaseback. Borrower Borrowers will not enter into any arrangement whereby it either of them will sell or transfer any real property or improvements thereon or other fixed assets owned by it either of them and then or thereafter rent or lease as lessee such property, improvements or assets or any part thereof, or other property which any Borrower shall intend to use for substantially the same purposes as the property sold or transferred.
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Limitation on Sale and Leaseback. Borrower will shall not enter into any arrangement whereby it will shall sell or transfer any real property or improvements thereon or other fixed assets owned by it and then or thereafter rent or lease as lessee such property, improvements or assets or any part thereof, or other property thereof which any Borrower it shall intend to use for substantially the same purposes as the property sold or transferred.
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Samples: Loan and Security Agreement (Access Worldwide Communications Inc)
Limitation on Sale and Leaseback. Borrower The Borrowers will not enter into any arrangement whereby it any of them will sell or transfer any real property or improvements thereon or other fixed assets owned by it any of them and then or thereafter rent or lease as lessee such property, improvements or assets or any part thereof, or other property thereof which any Borrower of them shall intend to use for substantially the same purposes as the property sold or transferred.
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Limitation on Sale and Leaseback. Borrower Borrowers will not enter into any arrangement whereby it any of them will sell or transfer any real property or improvements thereon or other fixed assets owned by it any of them and then or thereafter rent or lease as lessee such property, improvements or assets or any part thereof, or other property which any Borrower shall intend to use for substantially the same purposes as the property sold or transferred.
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Limitation on Sale and Leaseback. Borrower will not enter into any arrangement whereby it will sell or transfer any real property or improvements thereon or other fixed assets owned by it and then or thereafter rent or lease as lessee such property, improvements or assets or any part thereof, or other property which any Borrower shall intend to use for substantially the same purposes as the property sold or transferred.
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