Common use of Sale and Leaseback Clause in Contracts

Sale and Leaseback. None of the Borrowers shall enter into any arrangements, directly or indirectly, with any person whereby it shall sell or transfer any of its property, whether real or personal, whether now owned or hereafter acquired, if it, at the time of such sale or disposition, intends to lease or otherwise acquire the right to use or possess (except by purchase) such property or like property for a substantially similar purpose.

Sale and Leaseback. None of the Borrowers shall enter into any arrangementsarrangement, directly or indirectly, with whereby any person whereby it Borrower shall sell or transfer any of its property, whether real property owned by it in order then or personal, whether now owned or hereafter acquired, if it, at the time of such sale or disposition, intends thereafter to lease or otherwise acquire the right to use or possess (except by purchase) such property or like lease other property which such Borrower intends to use for a substantially similar purposethe same purpose as the property being sold or transferred, without the prior written consent of the Banks.

Sale and Leaseback. None of the Borrowers shall will enter into any arrangementsarrangement, directly or indirectly, with whereby any person whereby it Borrower or any Subsidiary shall sell or transfer any of its property, whether real property owned by it in order then or personal, whether now owned or hereafter acquired, if it, at the time of such sale or disposition, intends thereafter to lease or otherwise acquire the right to use or possess (except by purchase) such property or like lease other property which any Borrower or any Subsidiary intends to use for a substantially similar purposethe same purpose as the property being sold or transferred.

Sale and Leaseback. None of the Borrowers No Borrower shall enter into any arrangementsarrangement, directly or indirectly, with any person whereby it such Borrower shall sell or transfer any of its property, whether real property owned by it in order then or personal, whether now owned or hereafter acquired, if it, at the time of such sale or disposition, intends thereafter to lease or otherwise acquire the right to use or possess (except by purchase) such property or like lease other property which such Borrower intends to use for a substantially similar purposethe same purpose as the property being sold or transferred, without the prior written consent of the Required Lenders.

Sale and Leaseback. None of the Borrowers shall enter into any arrangementsarrangement, directly or indirectly, with any person whereby it shall sell or transfer any of its property, whether real or personal, whether now property owned or hereafter acquired, if it, at the time of such sale or disposition, intends by it in order to lease or otherwise acquire the right to use or possess (except by purchase) such property or like lease other property that any Borrower intends to use for a substantially similar purposethe same purpose as the property being sold or transferred.

Sale and Leaseback. None of the Borrowers shall enter into any arrangementsarrangement, directly or indirectly, with whereby any person whereby it Borrower shall sell or transfer any of its property, whether real property owned by it in order then or personal, whether now owned or hereafter acquired, if it, at the time of such sale or disposition, intends thereafter to lease or otherwise acquire the right to use or possess (except by purchase) such property or like lease other property which such Borrower intends to use for a substantially similar purposethe same purpose as the property being sold or transferred, without the prior written consent of the Lender.

Sale and Leaseback. None of the Borrowers shall enter into any arrangementsarrangement, directly or indirectly, with whereby any person whereby it Borrower shall sell or transfer any of its property, whether real property owned by it in order then or personal, whether now owned or hereafter acquired, if it, at the time of such sale or disposition, intends thereafter to lease or otherwise acquire the right to use or possess (except by purchase) such property or like lease other property which such Borrower intends to use for a substantially similar purposethe same purpose as the property being sold or transferred, without the prior written consent of the Required Lenders.

Sale and Leaseback. None of the Borrowers shall enter into any arrangementsarrangement, directly or indirectly, with whereby any person whereby it Borrower shall sell or transfer any of its property, whether real property owned by it in order then or personal, whether now owned or hereafter acquired, if it, at the time of such sale or disposition, intends thereafter to lease or otherwise acquire the right to use or possess (except by purchase) such property or like lease other property which such Borrower intends to use for a substantially similar purposethe same purpose as the property being sold or transferred, without the prior written consent of the Majority Lenders.

Sale and Leaseback. None of the Borrowers shall will enter into any arrangementsarrangement, directly or indirectly, with any person whereby it such Borrower shall sell or transfer any of its property, whether real property owned by it in order then or personal, whether now owned or hereafter acquired, if it, at the time of such sale or disposition, intends thereafter to lease or otherwise acquire the right to use or possess (except by purchase) such property or like lease other property that such Borrower intends to use for a substantially similar purposethe same purpose as the property being sold or transferred.

Sale and Leaseback. None Neither of the Borrowers shall enter into any arrangements, directly or indirectly, with any person whereby it shall sell or transfer any of its property, whether real or personal, whether now owned or hereafter acquired, if it, at the time of such sale or disposition, intends to lease or otherwise acquire the right to use or possess (except by purchase) such property or like property for a substantially similar purpose.

Sale and Leaseback. None of the Borrowers Neither Borrower shall enter into any arrangements, directly or indirectly, with any person whereby it shall sell or transfer any of its property, whether real or personal, whether now owned or hereafter acquired, if it, at the time of such sale or disposition, intends to lease or otherwise acquire the right to use or possess (except by purchase) such property or like property for a substantially similar purpose.

Sale and Leaseback. None of the Borrowers shall enter into any arrangements---- --- --------- arrangement, directly or indirectly, with whereby any person whereby it Borrower shall sell or transfer any of its property, whether real property owned by it in order then or personal, whether now owned or hereafter acquired, if it, at the time of such sale or disposition, intends thereafter to lease or otherwise acquire the right to use or possess (except by purchase) such property or like lease other property which such Borrower intends to use for a substantially similar purposethe same purpose as the property being sold or transferred, without the prior written consent of the Banks.

Sale and Leaseback. None of the Borrowers shall will enter into any arrangements---- --- --------- arrangement, directly or indirectly, with whereby any person whereby it Borrower shall sell or transfer any of its property, whether real property owned by it in order then or personal, whether now owned or hereafter acquired, if it, at the time of such sale or disposition, intends thereafter to lease or otherwise acquire the right to use or possess (except by purchase) such property or like lease other property which any Borrower intends to use for a substantially similar purposethe same purpose as the property being sold or transferred.

Sale and Leaseback. None of the Borrowers No Borrower shall enter into any arrangements, directly or indirectly, with any person whereby it shall sell or transfer any of its property, whether real or personal, whether now owned or hereafter acquired, if it, at the time of such sale or disposition, intends to lease or otherwise acquire the right to use or possess (except by purchase) such property or like property for a substantially similar purpose.

Sale and Leaseback. None of the Borrowers Holdings or any other Obligor shall enter into any arrangements, directly or indirectly, with any person whereby it shall sell or transfer any of its property, whether real or personal, whether now owned or hereafter acquired, if it, at the time of such sale or disposition, intends to lease or otherwise acquire the right to use or possess (except by purchase) such property or like property for a substantially similar purpose.

Sale and Leaseback. None of the Borrowers shall enter into any arrangementsarrangement, directly or indirectly, with whereby any person whereby it Borrower shall sell or transfer any of its property, whether real property owned by it in order then or personal, whether now owned or hereafter acquired, if it, at the time of such sale or disposition, intends thereafter to lease or otherwise acquire the right to use or possess (except by purchase) such property or like lease other property which such Borrower intends to use for a substantially similar purposethe same purpose as the property being sold or transferred, without the prior written consent of the Banks; other than such arrangements which do not in the aggregate exceed $100,000.

Sale and Leaseback. None of the Borrowers shall enter into any arrangementsarrangement, directly or indirectly, with whereby any person whereby it of the Borrowers shall sell or transfer any of its property, whether real property owned by it in order then or personal, whether now owned or hereafter acquired, if it, at the time of such sale or disposition, intends thereafter to lease or otherwise acquire the right to use or possess (except by purchase) such property or like lease other property that any of the Borrowers intend to use for a substantially similar purposethe same purpose as the property being sold or transferred.

Sale and Leaseback. None of the Borrowers shall enter into any arrangementsarrangement, directly or indirectly, with whereby any person whereby it Borrower shall sell or transfer any of its property, whether real property owned by it in order then or personal, whether now owned or hereafter acquired, if it, at the time of such sale or disposition, intends thereafter to lease or otherwise acquire the right to use or possess (except by purchase) such property or like lease other property which such Borrower intends to use for a substantially similar purposethe same purpose as the property being sold or transferred, without the prior written consent of the Majority Banks.

Sale and Leaseback. None of the Borrowers shall will enter into any arrangements------------------ arrangement, directly or indirectly, with whereby any person whereby it Borrower shall sell or transfer any of its property, whether real property owned by it in order then or personal, whether now owned or hereafter acquired, if it, at the time of such sale or disposition, intends thereafter to lease or otherwise acquire the right to use or possess (except by purchase) such property or like lease other property which any Borrower intends to use for a substantially similar purposethe same purpose as the property being sold or transferred.

Sale and Leaseback. None of the Borrowers shall, nor shall any Borrower permit any Borrower Affiliate to, enter into any arrangementsarrangement pursuant to which it will lease back, as lessee, any property (real, personal or mixed, tangible or intangible) previously owned by any of them and sold or otherwise transferred or disposed of, directly or indirectly, with any person whereby it shall sell or transfer any of its property, whether real or personal, whether now owned or hereafter acquired, if it, at to the time owner-lessor of such sale or disposition, intends to lease or otherwise acquire the right to use or possess (except by purchase) such property or like property for a substantially similar purposeproperty.