Limitation on Sale and Leasebacks. The Credit Parties will not enter into any arrangement whereby any Credit Party shall sell or transfer any Property owned by it to any Person and thereupon any Credit Party shall lease or intend to lease, as lessee, the same Property.
Appears in 2 contracts
Samples: Note and Warrant Purchase Agreement (Frontline Capital Group), Note and Warrant Purchase Agreement (Hq Global Holdings Inc)
Limitation on Sale and Leasebacks. The No Credit Parties Party will not enter into any arrangement whereby any such Credit Party shall sell or transfer any Property owned by it such Credit Party to any Person and thereupon any such Credit Party shall lease or intend to lease, as lessee, the same Property.
Appears in 2 contracts
Samples: Note and Warrant Purchase Agreement (Easyriders Inc), Note and Warrant Purchase Agreement (Easyriders Inc)
