Restriction on Sale-Leasebacks. The Partnership will not, and will not permit any Subsidiary to, engage in the sale or transfer by the Partnership or any of its Subsidiaries of any Principal Property to a Person (other than the Partnership or a Subsidiary) and the taking back by the Partnership or its Subsidiary, as the case may be, of a lease of such Principal Property (a “Sale-Leaseback Transaction”), unless:
Restriction on Sale-Leasebacks. (a) The Issuer shall not, nor shall it permit any Restricted Subsidiary to, engage in a Sale-Leaseback Transaction, unless:
Restriction on Sale-Leasebacks. The Company will not, and will not permit any Principal Subsidiary to, engage in the sale or transfer by the Company or any of its Principal Subsidiaries of any Principal Property to a Person (other than the Company or a Principal Subsidiary) and the taking back by the Company or its Principal Subsidiary, as the case may be, of a lease of such Principal Property (a “Sale-Leaseback Transaction”), unless:
Restriction on Sale-Leasebacks. Prior to the consummation of a Qualified IPO and other than in connection with a Fundamental Change, the Company shall not, and shall not permit any Guarantor or other Subsidiary to, enter into sale and leaseback transactions or securitization transactions other than (i) Permitted Securitization Transactions; (ii) sale and leaseback transactions completed by the Company, its Guarantors and Subsidiaries taken together, in an aggregate amount not exceeding $5,000,000 (or its equivalent amount in another currency) in any fiscal year for a period of five years; and (iii) sale and leaseback of the Company's real property owned by Mitel Networks Limited located in Portskewett, Monmouthshire; provided that, notwithstanding the foregoing, Intellectual Property may not be sold, leased, conveyed or otherwise disposed of, except that Intellectual Property may be licensed, and the licensee may sub-license such Intellectual Property, in each case in the ordinary course of business on commercially reasonable terms.
Restriction on Sale-Leasebacks. (a) Prior to the consummation of the Merger, the Issuer shall not engage in a Sale-Leaseback Transaction.
