Common use of Sale-Leaseback Clause in Contracts

Sale-Leaseback. Enter into any arrangement, directly or indirectly, with any Person whereby the Borrower or any Subsidiary shall sell or transfer any property (real, personal or mixed) used or useful in the Business Operations, whether now owned or hereafter acquired, and thereafter rent or lease such property.

Appears in 14 contracts

Samples: Secured Revolving Credit Agreement (XZERES Corp.), Revolving Credit and Term Loan Agreement (Mam Software Group, Inc.), Revolving Credit Agreement (General Environmental Management, Inc)

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Sale-Leaseback. Enter into any arrangement, directly or indirectly, with any Person whereby the Borrower or any Subsidiary Loan Party shall sell or transfer any property (real, personal or mixed) used or useful in the Business Operations, whether now owned or hereafter acquired, and thereafter rent or lease such property.

Appears in 6 contracts

Samples: Credit Agreement (Unifund Financial Technologies, Inc.), Credit Agreement (Unifund Financial Technologies, Inc.), Credit Agreement (Unifund Financial Technologies, Inc.)

Sale-Leaseback. Enter into any arrangement, directly or indirectly, arrangement with any Person whereby the Borrower or any Subsidiary shall sell or transfer any property (real, personal or mixed) used or useful in the Business Operations, whether now owned or hereafter acquired, and thereafter rent or lease such property.

Appears in 4 contracts

Samples: Amended And (Crdentia Corp), Revolving Credit and Term Loan Agreement (Crdentia Corp), Revolving Credit and Term Loan Agreement (Clearpoint Business Resources, Inc)

Sale-Leaseback. Enter into any arrangement, directly or indirectly, with any Person whereby any of the Borrower or any Subsidiary Borrowers shall sell or transfer any property (real, personal or mixed) used or useful in the Business Operations, whether now owned or hereafter acquired, and thereafter rent or lease such property.

Appears in 3 contracts

Samples: Loan Agreement (Schick Technologies Inc), Loan Agreement (Greystone Funding Corp), Loan Agreement (Schick Technologies Inc)

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Sale-Leaseback. Enter into any arrangement, directly or ----------------------------- indirectly, with any Person whereby any of the Borrower or any Subsidiary Borrowers shall sell or transfer any property (real, personal or mixed) used or useful in the Business Operations, whether now owned or hereafter acquired, and thereafter rent or lease such property.

Appears in 1 contract

Samples: Loan Agreement (Igi Inc)

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