Sale Leaseback Proceeds

Example Definitions of "Sale Leaseback Proceeds"
Sale Leaseback Proceeds. The net cash proceeds from any "sale and leaseback transaction" the use of proceeds from which is specifically approved by the Board; provided, that any such proceeds shall be excluded from this definition to the extent (i) such proceeds are required under the terms of the Company's credit facilities to repay amounts outstanding under any such credit facility and (ii) of any lease or other similar or related payments to be made pursuant to such sale and leaseback transaction during the period... from the date of such transaction to the last day of fiscal year 2020. View More
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