Common use of SALE-LEASEBACK FINANCINGS Clause in Contracts

SALE-LEASEBACK FINANCINGS. No Company will enter into any sale-leaseback arrangement with any Person pursuant to which such Company shall lease any asset (whether now owned or hereafter acquired) if such asset has been or is to be sold or transferred by any Company to any other Person.

Appears in 4 contracts

Samples: Revolving Credit and Term Loan Agreement (Acx Technologies Inc), Term Loan Agreement (Dobson Communications Corp), Revolving Credit Agreement (Logix Communications Enterprises Inc)

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SALE-LEASEBACK FINANCINGS. No Company will enter into any sale-leaseback arrangement (other than the Sygnet Towers Sale and the related Sygnet Towers Lease) with any Person pursuant to which such Company shall lease any asset (whether now owned or hereafter acquired) if such asset has been or is to be sold or transferred by any Company to any other Person.

Appears in 2 contracts

Samples: Credit Agreement (Dobson Sygnet Communications Co), Credit Agreement (Dobson Communications Corp)

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SALE-LEASEBACK FINANCINGS. No Company will enter into any sale-leaseback arrangement with any Person Person, other than another Company, pursuant to which such Company shall lease any asset (whether now owned or hereafter acquired) if such asset has been or is to be sold or transferred by any Company to any other Person.

Appears in 1 contract

Samples: Revolving Credit Agreement (Intermedia Communications Inc)

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