Common use of Sale and Lease-Back Clause in Contracts

Sale and Lease-Back. Enter into any arrangement with any Person or to which such Person is a party providing for the leasing by Borrower or any Affiliate of any principal asset which has been or is to be sold or transferred by Borrower or such Affiliate to such Person or to any other Person to whom funds have been or are to be advanced by such Person on the security of such property or rental obligations of Borrower or such Affiliate, other than sales or transfers between Borrower and any Affiliate or a lease for a temporary period not to exceed twelve (12) months.

Sale and Lease-Back. Enter into any arrangement with any Person or to which such Person is a party providing for the leasing by Borrower or any Affiliate of any principal asset which has been or is to be sold or transferred by Borrower or such Affiliate to such Person or 40 to any other Person to whom funds have been or are to be advanced by such Person on the security of such property or rental obligations of Borrower or such Affiliate, other than sales or transfers between Borrower and any Affiliate or a lease for a temporary period not to exceed twelve (12) months.

Sale and Lease-Back. Enter into any arrangement with any Person ------------------- or to which such Person is a party providing for the leasing by any Borrower or any Affiliate of any principal asset which has been or is to be sold or transferred by any Borrower or such Affiliate to such Person or to any other Person to whom funds have been or are to be advanced by such Person on the security of such property or rental obligations of Borrower or such AffiliateBorrower, other than sales or transfers between any Borrower and any Affiliate or a lease for a temporary period not to exceed twelve (12) 12 months.

Sale and Lease-Back. Enter into any arrangement with any Person ------------------- or to which such Person is a party providing for the leasing by Borrower or any Affiliate of any principal asset which has been or is to be sold or transferred by Borrower or such Affiliate to such Person or to any other Person to whom funds have been or are to be advanced by such Person on the security of such property or rental obligations of Borrower or such AffiliateBorrower, other than sales or transfers between Borrower and any Affiliate or a lease for a temporary period not to exceed twelve (12) 12 months.