Common use of Sale and Leaseback Transactions Clause in Contracts

Sale and Leaseback Transactions. No Loan Party will, nor will it permit any 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 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. No Loan Party will, nor will it permit any 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 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. No Loan Party will, nor will it permit any Subsidiary to, enter into any arrangementshall, directly or indirectly, whereby it shall enter into any arrangement or arrangements, with any Person providing for the Parent or such Subsidiary to lease or rent property that the Parent or such Subsidiary has sold or will sell or otherwise transfer any property, real or personal, used or useful in its business, whether now owned or hereafter 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. No Loan Party will, nor will it permit any 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 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”), other than a Permitted Sale Leaseback.

Sale and Leaseback Transactions. No Loan Party will, nor and no Loan Party will it permit any Subsidiary of 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 hereafter 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. No Loan Party will, nor will it permit any Subsidiary of 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 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. No Loan Party will, nor will it permit any Subsidiary 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 hereafter acquired, and if at the time or thereafter rent the Borrower or a Restricted Subsidiary shall lease as lessee such property Property or any part thereof or other property that it Property which the Borrower or a Restricted Subsidiary intends to use for substantially the same purpose or purposes as the property Property sold or transferred.

Sale and Leaseback Transactions. No Loan Party will, nor will it permit any Subsidiary of 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 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, to the extent that the amount paid in connection with any of the above described transactions is, in the aggregate, in a amount in excess of $1,000,000.

Sale and Leaseback Transactions. No Loan Borrower Party will, nor will it permit any Subsidiary to, enter into any arrangementshall, directly or indirectly, whereby it shall enter into any arrangement or arrangements, with any Person providing for the Parent or such Subsidiary to lease or rent property that the Parent or such Subsidiary has sold or will sell or otherwise transfer any property, real or personal, used or useful in its business, whether now owned or hereafter 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. No Loan Party will, nor will it permit any Subsidiary of its Subsidiaries (other than any Foreign 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 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 with respect to assets permitted to be sold pursuant to Section 6.05.

Sale and Leaseback Transactions. No Loan Party willshall, nor will shall it permit any Subsidiary of 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 hereafter acquired, and if at the time or thereafter rent the Borrower or a Subsidiary shall lease as lessee such property Property or any part thereof or other property that it Property which the Borrower or a Subsidiary intends to use for substantially the same purpose or purposes as the property Property sold or transferred.

Sale and Leaseback Transactions. . No Loan Party will, nor will it permit any Subsidiary of its Subsidiaries (other than any Foreign 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 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 with respect to assets permitted to be sold pursuant to Section 6.05.

Sale and Leaseback Transactions. No Loan Party will, nor and no Loan Party will it permit any 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 hereafter 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. No Loan Party will, nor will it permit any Subsidiary to, shall enter into any arrangement, directly or indirectly, with any Person whereby it Borrower or any Loan Party shall sell or transfer any property, real or personal, property used or useful in its business, whether now owned or 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 being sold or transferred, except as permitted herein.

Sale and Leaseback Transactions. No Loan Party will, nor will it permit any Subsidiary of 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 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 any Borrower or any Restricted Subsidiary up to $30,000,000.

Sale and Leaseback Transactions. No Loan Party will, nor will it permit any 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 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.transferred (a “Sale and Leaseback Transaction”), except for

Sale and Leaseback Transactions. No Entity Loan Party will, nor or will it permit any Subsidiary 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 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. No Loan Party will, nor will it permit any 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 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.transferred (a “Sale and Leaseback Transaction”). NAI-1514693629v12 112

Sale and Leaseback Transactions. No Loan Party will, nor will it permit any Subsidiary of 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 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 with respect to assets permitted to be sold pursuant to Section 6.05.

Sale and Leaseback Transactions. No Loan Company Party will, nor will it permit any 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 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. No Loan Credit Party will, nor will it permit any Subsidiary to, enter into any arrangement, directly or indirectly, whereby it shall sell or transfer any property, property (real or personal, ) used or useful in its business, whether now owned or hereafter 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 such transaction, a “Sale/Leaseback Transaction”), except to the extent permitted by Section 6.7(o).

Sale and Leaseback Transactions. No Loan Party will, nor will it permit any 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 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”).” (xx) Section 6.08(b)(iii) is hereby amended and restated in its entirety as follows:

Sale and Leaseback Transactions. No Loan Party will, nor will it permit any 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 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 arrangements involving property having an aggregate fair market value not exceeding $5,000,000 during the term of this Agreement.