Sale and Lease-Back. Enter into any arrangement whereby it shall sell or transfer all or any material part of its property then owned by it and shall thereupon within one year thereafter rent or lease the property so sold or transferred, other than in connection with any Indebtedness otherwise permitted under Section 7.5 hereof.
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Samples: Master Loan and Security Agreement, Master Loan and Security Agreement (iPic Entertainment Inc.), Master Loan and Security Agreement (iPic Entertainment Inc.)
Sale and Lease-Back. Enter into any arrangement whereby it the Borrower shall sell or transfer all or any material substantial part of its property then owned by it and shall thereupon within one year thereafter rent or lease the property so sold or transferred, other than in connection with any Indebtedness otherwise permitted under Section 7.5 hereof.
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