None of Murphy USA, the Company or any other Subsidiary will enter into any Sale/Leaseback Transaction unless (a) the sale or transfer of the property thereunder is permitted under Section 6.05, (b) any Indebtedness and Liens arising in connection therewith are permitted under Sections 6.01 and 6.02 and (c) either (i) such Sale/Leaseback Transaction (A) relates to a fixed or capital asset, (B) is made for cash consideration in an amount not less than the fair value of such asset and (C) is consummated within 90 days after Murphy USA, the Company or any other Subsidiary acquires or completes the construction of such asset or (ii) such Sale/Leaseback Transaction (A) relates to a fixed or capital asset that is not of the type that is described in the definition of the term “ABL Priority Collateral”, (B) is made for cash consideration in an amount not less than the fair value of such asset and (C) after giving pro forma effect thereto (including the incurrence of the Attributable Indebtedness in respect thereof) in accordance with Section 1.04(b), (1) no Default shall have occurred and be continuing, (2) Availability shall exceed the greater of (x) 25% of the lesser of the Aggregate Revolving Commitments and the Borrowing Base (as adjusted in accordance with Section 6.05) and (y) $100,000,000, (3) unless Availability shall exceed the greater of (x) 40% of the lesser of the Aggregate Revolving Commitment and the Borrowing Base (as adjusted in accordance with Section 6.05) and (y) $100,000,000, Murphy USA and the Company shall be in compliance with the covenants set forth in Sections 6.11 (determined as if a Covenant Period were then applicable), (4) Murphy USA and the Company shall be in compliance with, at any time when a Covenant Period shall be in effect, Section 6.11 and, at any time when a Term Loan shall be outstanding, Section 6.12 and (5) the Secured Leverage Ratio shall not exceed 2.50 to 1.00, in the case of clauses (3), (4) and (5), as of the end of or for the period of four consecutive fiscal quarters of Murphy USA then most recently ended for which financial statements have been delivered pursuant to Section 5.01(a) or 5.01(b) (or, prior to the delivery of any such financial statements, ending with the last fiscal quarter included in the financial statements referred to in Section 3.04(a)).