Common use of Sales and Leaseback Clause in Contracts

Sales and Leaseback. No Loan Party shall engage in any Sale and Leaseback transaction with respect to any of its property of any character, whether now owned or hereafter acquired.

Appears in 4 contracts

Samples: Credit Agreement (Monarch Casino & Resort Inc), Credit Agreement (Monarch Casino & Resort Inc), Credit Agreement (Monarch Casino & Resort Inc)

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Sales and Leaseback. No Loan Party shall engage in any Sale and Leaseback transaction with respect to any of its property Property of any character, whether now owned or hereafter acquired, except for a Sale and Leaseback transaction involving real property owned in fee by a Loan Party.

Appears in 1 contract

Samples: Credit Agreement (Smile Brands Group Inc.)

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Sales and Leaseback. No Loan Party shall engage in any Sale and Leaseback transaction with respect to any of its property of any character, whether now owned or hereafter acquired.. ​

Appears in 1 contract

Samples: Credit Agreement (Monarch Casino & Resort Inc)

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