Common use of Sale and Leaseback Transactions and other Off-Balance Sheet Liabilities Clause in Contracts

Sale and Leaseback Transactions and other Off-Balance Sheet Liabilities. The Borrower will not, nor will it permit any Subsidiary to, enter into or suffer to exist any (i) Sale and Leaseback Transaction or (ii) any other transaction pursuant to which it incurs or has incurred Off-Balance Sheet Liabilities, except for Rate Management Obligations permitted to be incurred under the terms of Section 6.11(v).

Appears in 2 contracts

Samples: Credit Agreement (Xeta Technologies Inc), Credit Agreement (Xeta Corp)

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Sale and Leaseback Transactions and other Off-Balance Sheet Liabilities. The Borrower will not, nor will it permit any Subsidiary to, enter into or suffer to exist any (ia) Sale and Leaseback Transaction or (iib) any other transaction pursuant to which it incurs or has incurred Off-Balance Sheet Liabilities, except for (i) the transaction described in the Disclosure Schedule, and (ii) Rate Management Obligations permitted to be incurred under the terms of Section 6.11(v)7.11.

Appears in 2 contracts

Samples: Credit Agreement (Cimarex Energy Co), Credit Agreement (Cimarex Energy Co)

Sale and Leaseback Transactions and other Off-Balance Sheet Liabilities. The Borrower will not, nor will it permit any Subsidiary to, enter into or suffer to exist any (i) Sale and Leaseback Transaction (other than the sale and leaseback of the Borrower’s facility at 00000 X. Xxx Xxxxxx, Xxxxx, Xxxxxxxx under terms acceptable to the Administrative Agent) or (ii) any other transaction pursuant to which it incurs or has incurred Off-Balance Sheet Liabilities, except for Rate Management Obligations obligations under Swap Agreements permitted to be incurred under the terms of Section 6.11(v)in this Agreement.

Appears in 2 contracts

Samples: Credit Agreement (Matrix Service Co), Credit Agreement (Matrix Service Co)

Sale and Leaseback Transactions and other Off-Balance Sheet Liabilities. The Borrower will not, nor will it permit any Subsidiary to, enter into or suffer to exist any (i) Sale and Leaseback Transaction other than Permitted Sale and Leaseback Transactions or (ii) any other transaction pursuant to which it incurs or has incurred Off-Balance Sheet Liabilities, except for Related Rate Management Obligations permitted to be incurred under the terms of Section 6.11(v)Hedging Obligations.

Appears in 1 contract

Samples: Credit Agreement (American Plumbing & Mechanical Inc)

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Sale and Leaseback Transactions and other Off-Balance Sheet Liabilities. The Borrower will not, nor will it permit any Subsidiary to, enter into or suffer to exist any (i) Sale and Leaseback Transaction or (ii) any other transaction pursuant to which it incurs or has incurred Off-Balance Sheet Liabilities, except for Interest Rate Management Obligations Agreements permitted to be incurred under the terms of Section 6.11(v)7.2(K) hereof.

Appears in 1 contract

Samples: Credit Agreement (CTS Corp)

Sale and Leaseback Transactions and other Off-Balance Sheet Liabilities. The Borrower will not, nor will it permit Parent or any Subsidiary to, enter into or suffer to exist any (i) Sale and Leaseback Transaction Transaction, other than Permitted Indebtedness, or (ii) any other transaction pursuant to which it incurs or has incurred Off-Balance Sheet Liabilities, except for (a) Rate Management Obligations permitted to be incurred under the terms of Section 6.11(v)and (b) Permitted Indebtedness.

Appears in 1 contract

Samples: Credit Agreement (Clark Inc)

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