Common use of New Synthetic Leases Clause in Contracts

New Synthetic Leases. Neither the Borrower nor any Subsidiary will enter into any Synthetic Lease after the Closing Date if, after giving effect thereto, the aggregate amount financed under all Synthetic Leases entered into in any period of twelve consecutive calendar months commencing after the date hereof would exceed $35,000,000 unless such Synthetic Lease is otherwise permitted under Section 5.16(h), (i) or (j).

Appears in 3 contracts

Samples: Agreement (Rite Aid Corp), Agreement (Rite Aid Corp), RCF Facility (Rite Aid Corp)

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New Synthetic Leases. Neither the Borrower nor any Subsidiary will enter into any Synthetic Lease after the Closing Initial Borrowing Date if, after giving effect thereto, the aggregate amount financed under all Synthetic Leases entered into in any period of twelve consecutive calendar months commencing after the date hereof would exceed $35,000,000 unless such Synthetic Lease is otherwise permitted under Section 5.16(h5.20(h), (i) or (j).

Appears in 1 contract

Samples: Senior Credit Agreement (Rite Aid Corp)

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New Synthetic Leases. Neither the Borrower nor any Subsidiary will enter into any Synthetic Lease after the Closing Initial Borrowing Date if, after giving effect thereto, the aggregate amount financed under all Synthetic Leases entered into in any period of twelve consecutive calendar months commencing after the date hereof would exceed $35,000,000 unless such Synthetic Lease is otherwise permitted under Section 5.16(h5.20(m), (in) or (jo).

Appears in 1 contract

Samples: Senior Credit Agreement (Rite Aid Corp)

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