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Credit Agreement Sale-Leaseback Covenant Sample 2

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.
Form Type: Contract Clauses
Practice Area: Corporate & Securities

Date: Nov 2014
PLI Item #: 129072
Keywords: "credit agreement"; "sale-leaseback"; subsidiary; borrower; "sale and leaseback"; "transfer of property"; "sale of property"
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