SELL AND LEASE Clause Samples
The 'Sell and Lease' clause defines the terms under which a party may sell an asset and subsequently lease it back from the buyer. Typically, this arrangement allows the original owner to free up capital by selling the asset while retaining its use through a lease agreement, often for a specified period and at agreed rental rates. This clause is commonly used in real estate or equipment transactions to improve liquidity without disrupting business operations. Its core function is to provide financial flexibility while ensuring continued access to essential assets.
SELL AND LEASE. The Trustee is hereby granted all powers necessary to sell, convey, lease, transfer, exchange, grant options to purchase or otherwise dispose of any Trust asset on any terms deemed by the Trustee to be in the best interests of the Trust, to execute and deliver deeds, leases, bills of sale, and other instruments of whatever character, and to take or cause to be taken all action deemed necessary or proper by the Trustee in furtherance of this authority.
SELL AND LEASE. To sell, convey, grant options to purchase, lease, transfer, exchange or otherwise dispose of any Trust asset on any terms deemed advisable, to execute and deliver deeds, leases, bills of sale, and other instruments of whatever character, and to take or cause to be taken all action deemed necessary or proper.