Lease Transactions. No Obligor Party shall enter into any arrangement with any Person providing for the leasing by an Obligor Party of real or personal property that has been or is to be sold or transferred by an Obligor Party to such Person or to any other Person to whom funds have been or are to be advanced by such Person on the security of such property or rental obligations of any Obligor Party, other than any such arrangement (a) that is permitted by Section 6.04 or (b) that is approved by the Required Lenders, such approval not to be unreasonably withheld, conditioned or delayed.
Appears in 3 contracts
Sources: Credit Agreement (REV Renewables, Inc.), Credit Agreement (REV Renewables, Inc.), Credit Agreement (REV Renewables, Inc.)