Common use of Real Estate Purchases Clause in Contracts

Real Estate Purchases. No Credit Party shall purchase a fee simple ownership interest in Real Estate.

Appears in 13 contracts

Sources: Secured Debtor in Possession Credit Agreement, Revolving Credit Agreement, Term Loan Credit Agreement (Rand Logistics, Inc.)

Real Estate Purchases. No Credit Party shall purchase a fee simple ownership interest in Real EstateEstate with an aggregate purchase price in excess of $500,000.

Appears in 6 contracts

Sources: Credit Agreement (Thermadyne Holdings Corp /De), Credit Agreement (Thermadyne Holdings Corp /De), Credit Agreement (Thermadyne Holdings Corp /De)

Real Estate Purchases. No Credit Party shall purchase a fee simple ownership interest in Real EstateEstate with an aggregate purchase price in excess of $250,000.

Appears in 4 contracts

Sources: Credit Agreement (Black Warrior Wireline Corp), Second Lien Credit Agreement (Black Warrior Wireline Corp), Credit Agreement (Black Warrior Wireline Corp)

Real Estate Purchases. No Credit Party shall purchase a fee simple ownership interest in Real EstateEstate other than in the ordinary course of business consistent with past practices.

Appears in 1 contract

Sources: Credit Agreement (Perfumania Holdings, Inc.)

Real Estate Purchases. No Credit Party shall purchase a fee simple ownership interest in Real EstateEstate with an aggregate purchase price in excess (for all Credit Parties) of $250,000.

Appears in 1 contract

Sources: Credit Agreement (Rowe Companies)

Real Estate Purchases. No Credit Party shall purchase a any fee simple ownership interest interests in Real EstateEstate with an aggregate purchase price in excess of $1,000,000 for all such interests.

Appears in 1 contract

Sources: Senior Secured Priming and Superpriority Debtor in Possession Credit Agreement (Vertis Inc)

Real Estate Purchases. No Credit Party shall purchase a fee simple ownership interest Real Estate with an aggregate purchase price in Real Estateexcess of $2,000,000.

Appears in 1 contract

Sources: Credit Agreement (Insteel Industries Inc)