Common use of Sale and Leaseback Transactions Clause in Contracts

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the its Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the Subsidiaries other Loan Party to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the its Restricted Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the Subsidiaries Subsidiary Guarantor to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower Company will not, and will not permit any of the its Restricted Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell sells or transfer transfers any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower Borrowers will not, and will not permit any of the their Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the its Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferredtransferred (each, a “Sale/Leaseback Transaction) without the prior written consent of the Administrative Agent, such consent not to be unreasonably withheld.

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the Subsidiaries Restricted Subsidiary to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter hereafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred, except for such transactions requiring payments not in excess of $25,000,000 in the aggregate in any fiscal year.

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the its Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease as lessee such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the Subsidiaries Subsidiary to, enter into any arrangement, directly or indirectly, whereby it shall sell sells or transfer transfers any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease leases such property or other property that it intends to use for substantially the same or a substantially similar purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower will not, and nor will not it permit any of the Subsidiaries Subsidiary to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower will not, and nor will not it permit any of the Subsidiaries Subsidiary to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter hereafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferredtransferred (a “Sale and Leaseback Transaction”).

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its businessPrincipal Property, whether now owned or hereinafter acquired, and thereafter rent or lease such property Principal Property or other property that it intends to use for substantially the same purpose or purposes as the property Principal Property sold or transferredtransferred (any such arrangement, a “Sale-Leaseback Transaction”), other than Permitted Sale-Leaseback Transactions.

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the Subsidiaries Subsidiary to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower will not, and will shall not permit any of the Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquiredhereafter acquired (other than any Non-Core Collateral), and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower will shall not, and will not nor shall it permit any of the its Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer to a Person any property, real or personal, used or useful in its businessProperty, whether now owned or hereinafter hereafter acquired, and if at the time or thereafter rent the Borrower or a Subsidiary of the Borrower shall lease as lessee such property Property or any part thereof or other property that it Property which the Borrower or a Subsidiary of the Borrower intends to use for substantially the same purpose or purposes as the property Property sold or transferred.

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred, except for the sale and leaseback of properties in an aggregate amount not to exceed $30,000,000 in any fiscal year of the Borrower.

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the its Subsidiaries to, directly or indirectly, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter hereafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the Subsidiaries to, enter into any arrangement, directly or indirectly, with any Person whereby it shall sell or transfer any property, real or personal, Property used or useful in its business, whether now owned or hereinafter hereafter acquired, and thereafter rent or lease such property Property or other property Property that it intends to use for substantially the same purpose or purposes as the property Property being sold or transferred.

Sale and Leaseback Transactions. The Borrower will shall not, and will shall not permit any of the Subsidiaries Restricted Subsidiary to, enter into any arrangement, directly or indirectly, whereby it shall sell sells or transfer transfers any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease leases such property or other property that it intends to use for substantially the same or a substantially similar purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Holdings and the Borrower will not, and will not permit any of the their respective Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferredtransferred (each, a “Sale/Leaseback Transaction”).

Sale and Leaseback Transactions. The Borrower will not, and nor will not it permit any of the Subsidiaries to, enter into any arrangement, directly or indirectly, with any Person whereby it shall sell or transfer any property, real or personal, Property used or useful in its business, whether now owned or hereinafter hereafter acquired, and thereafter rent or lease such property Property or other property Property that it intends to use for substantially the same purpose or purposes as the property Property being sold or transferred.

Sale and Leaseback Transactions. The Borrower Borrowers will not, and will not permit any of the their respective Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower will shall not, and will shall not permit any of the Subsidiaries toits Subsidiaries, to enter into any arrangement, directly or indirectly, with any Person whereby it shall sell or transfer any property, real or personal, and used or useful in its business, whether now owned or hereinafter hereafter acquired, and thereafter rent or lease such property or other property that which it intends to use for substantially the same purpose or purposes as the property being sold or transferred, except for any such arrangements that are entered into in the Borrower’s ordinary course of business.

Sale and Leaseback Transactions. The Borrower Borrowers will not, and will not permit any of the Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the Subsidiaries Restricted Subsidiary to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter hereafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred, except for such transactions requiring payments not in excess of $50,000,000 in the aggregate on an annual basis.

Sale and Leaseback Transactions. The Borrower will not, and nor will not permit any of the Subsidiaries Subsidiary to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same or a substantially similar purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower Borrowers will not, and will not permit any of the its Restricted Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the Subsidiaries Subsidiary to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Holdings and the Borrower will shall not, and will shall not permit any of the their respective Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferredtransferred (each, a “Sale/Leaseback Transaction”).

Sale and Leaseback Transactions. The Borrower will -------------------------------- not, and will not permit any of the Subsidiaries Subsidiary to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower Borrowers will not, and will not permit any of the their Restricted Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower and the Parent will not, and will not permit any of the Borrower’s Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter hereafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferredtransferred (a “Sale and Leaseback Transaction”).

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the Subsidiaries Subsidiary to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter hereafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower Borrowers will not, and will not permit any of the Subsidiaries Restricted Subsidiary to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower will ------------------------------- not, and will not permit any of the Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the its Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferredtransferred (each, a “Sale/Leaseback Transaction”).

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the its Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter hereafter acquired, which property has been owned by the Borrower and thereafter rent or lease such property or other property that it intends to use its Subsidiaries for substantially the same purpose or purposes as the property sold or transferred.more than 180 days, and

Sale and Leaseback Transactions. The Borrower will not, and nor will not it permit any of the Subsidiaries Subsidiary to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter hereafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred, except to the extent such sale or transfer is permitted by Section 6.05(i).

Sale and Leaseback Transactions. The Such Borrower will not, and nor will not it permit any of the its Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter hereafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferredtransferred (a “Sale and Leaseback Transaction”).

Sale and Leaseback Transactions. The Borrower will not, and ---------------------------------- will not permit any of the Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any propertyproperties, real or personal, used or useful in its business, whether now owned or hereinafter acquired, having market values in excess of $50,000,000 in the aggregate, and thereafter rent or lease such property properties or other property portions thereof that it intends to use for substantially the same purpose or purposes as the property properties sold or transferred.

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the Subsidiaries other Obligors to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any propertyProperty, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property Property or other property Property that it intends to use for substantially the same purpose or purposes as the property Property sold or transferred.

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the its Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.intends

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the its Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any propertyProperty, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property Property or other property Property that it intends to use for substantially the same purpose or purposes as the property Property sold or transferred.

Sale and Leaseback Transactions. The Borrower will not, and nor will not it permit any of the Subsidiaries Subsidiary to, enter into any arrangementagreement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter hereafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferredtransferred (such an agreement being referred to in this Agreement as a “Sale/Leaseback Agreement”).

Sale and Leaseback Transactions. The Borrower will not, shall not and will shall not permit any of the its Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall enter into any arrangement with any Person providing for the Borrower, or any of its Subsidiaries, to lease or rent property that the Borrower, or any of its Subsidiaries, has sold or will sell or otherwise transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease to such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferredPerson.

Sale and Leaseback Transactions. The Borrower Holdings and the Borrowers will not, and will not permit any of the their Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower Borrowers will not, and will not permit any of the Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it they shall sell or transfer any property, real or personal, used or useful in its their business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends they intend to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower will not, and will not permit any Loan Party or any of the their respective Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease as lessee such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the Subsidiaries Restricted Subsidiary to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter hereafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred., except for any such sale of any fixed or capital assets by the Borrower or any Restricted

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred, except to the extent that the sale of such property in a sale and leaseback transaction is permitted by Section 7.6(d)(ii).

Sale and Leaseback Transactions. The Borrower will shall not, and will shall not permit any of the Subsidiaries toits Subsidiaries, to enter into any arrangement, directly or indirectly, with any Person whereby it shall sell or transfer any property, real or personal, and used or useful in its business, whether now owned or hereinafter hereafter acquired, and thereafter rent or lease such property or other property that which it intends to use for substantially the same purpose or purposes as the property being sold or transferred, except for any such arrangements that are entered into in the Borrower's ordinary course of business.

Sale and Leaseback Transactions. The Borrower Neither the Borrowers nor their Subsidiaries will not, and will not permit any of the Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter hereafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Holdings and the Borrower will not, and will not permit any of the their respective Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.transferred (each, a “Sale/Leaseback Transaction”). 109

Sale and Leaseback Transactions. The Borrower will not, and nor will not it permit any of the Subsidiaries Subsidiary to, enter into any arrangementagreement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter hereafter acquired, and thereafter rent rend or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Neither the Borrower nor its Subsidiaries will not, and will not permit any of the Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter hereafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower Borrower, Holdings and International will not, and will not permit any of the their Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower will shall not, and will shall not permit any of the Subsidiaries Subsidiary to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the its Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter hereafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferredtransferred (a “Sale and Leaseback Transaction”). For the avoidance of doubt, customary “build to suit” transactions do not constitute a Sale and Leaseback Transaction hereunder.

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the its Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as substantially (a) (v) (treating the property sold or transferredsubject thereto as being subject to a Lien securing the related Attributable Debt, in the case of a sale and leaseback not accounted for as a Capital Lease Obligation).

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the its Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.. 68 Patriot National Credit Agreement

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the its Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any real property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred, except for sale and leaseback transactions permitted under Sections 7.1(g) or (i) and Section 7.6(f).

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the Subsidiaries (other than an Excluded Subsidiary) to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its businessPrincipal Property, whether now owned or hereinafter acquired, and thereafter rent or lease such property Principal Property or other property that it intends to use for substantially the same purpose or purposes as the property Principal Property sold or transferredtransferred (any such arrangement, a "Sale-Leaseback Transaction"), other than Permitted Sale-Leaseback Transactions.

Sale and Leaseback Transactions. The Borrower and the UK Borrower will not, and will not permit any of the Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower will not, and -------------------------------- will not permit any of the Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any propertyproperties, real or personal, used or useful in its business, whether now owned or hereinafter acquired, having market values in excess of $50,000,000 in the aggregate, and thereafter rent or lease such property properties or other property portions thereof that it intends to use for substantially the same purpose or purposes as the property properties sold or transferred.

Sale and Leaseback Transactions. The Borrower will not, and will not permit any of the Subsidiaries Restricted Subsidiary to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter hereafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower will not, ------------------------------- and will not permit any of the Subsidiaries to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred.

Sale and Leaseback Transactions. The Borrower will not, and nor will not it permit any of the Subsidiaries Subsidiary to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, real or personal, used or useful in its business, whether now owned or hereinafter acquired, and thereafter rent or lease such property or other property that it intends to use for substantially the same purpose or purposes as the property sold or transferred, except with respect to the Permitted Sale and Leaseback Transaction.