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Credit Agreement Sale-Leaseback Covenant Sample 1

Book Publication Date: Nov 2014
Description: General business covenants place restrictions on corporate structure and business activities of an obligor. This sample clause limits a borrower's ability to lease or sell its property.
Type: Contract Clauses
PLI Item #: 129068
Practice Area: Corporate & Securities
Keywords: "credit agreement"; "sale-leaseback"; subsidiary; borrower; "sale and leaseback"; "transfer of property"; "sale of property"

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