Skip to main content

High-Yield Indenture Sale-Leaseback Covenant Sample

Book Publication Date: Nov 2014
Description: General business covenants place restrictions on corporate structure and business activities of an obligor. This sample clause restricts a company and its subsidiaries from entering into any sale and leaseback transactions except under specified conditions.
Type: Contract Clauses
PLI Item #: 129120
Practice Area: Banking and finance, Corporate finance

Keywords: "high-yield indenture"; "attributable value"; "credit agreement"; "sale-leaseback"; subsidiary; borrower; "sale and leaseback"; "transfer of property"; "sale of property"

Thank you for exploring PLI PLUS.
The content on this page is only available to subscribers.

To learn more about PLI PLUS subscriptions
please click on the link below or contact us at