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 of its Subsidiaries to, enter into or suffer to exist one or more (i) Sale and Leaseback Transactions of assets having book value in excess of (1) $10,000,000 in the aggregate during any calendar year, or (2) $25,000,000 in the aggregate during the term of this Agreement, or (ii) any other transaction pursuant to which it incurs or has incurred Off-Balance Sheet Liabilities, except to the extent permitted under (i) above.

Sale and Leaseback Transactions and other Off-Balance Sheet Liabilities. The Borrower will shall not, nor will shall it permit any of its Subsidiaries to, enter into or suffer to exist one or more any (i) Sale and Leaseback Transactions of assets having book value involving an aggregate amount in excess of (1) $10,000,000 in 5,000,000 at any time outstanding from the aggregate during any calendar year, or (2) $25,000,000 in Closing Date until the aggregate during the term of this Agreement, Term Loan Termination Date 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 extent permitted under (i) aboveterms of this Agreement.