Common use of Maintenance of Property Clause in Contracts

Maintenance of Property. Each Credit Party shall maintain, and shall cause each of its Subsidiaries to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

Appears in 34 contracts

Samples: Revolving Credit Agreement (Real Industry, Inc.), Credit Agreement (Diplomat Pharmacy, Inc.), Credit Agreement (Nobilis Health Corp.)

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Maintenance of Property. Each Credit Party shall maintainshall, and shall cause each of its Subsidiaries to to, maintain, preserve and preserve protect (or caused to be maintained, preserved and protected) all of its Property which is used or useful Unencumbered Properties and all other material property and equipment necessary in the operation of its business in good working order and condition, in each case, in a manner consistent with how such Person maintained its Unencumbered Properties and other material property on the Closing Date, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effectexcepted.

Appears in 21 contracts

Samples: Credit Agreement (American Healthcare REIT, Inc.), Credit Agreement (Griffin-American Healthcare REIT III, Inc.), Credit Agreement (Griffin-American Healthcare REIT IV, Inc.)

Maintenance of Property. Each Credit Party shall maintain, and shall cause each of its Restricted Subsidiaries to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

Appears in 8 contracts

Samples: Credit Agreement (Constellium N.V.), Credit Agreement (Constellium N.V.), Credit Agreement (Axiall Corp/De/)

Maintenance of Property. Each Credit Party shall maintain, and shall cause each of its Subsidiaries Except to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the extent that failure to do so would could not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect, each Credit Party shall, in the Ordinary Course of Business, maintain and preserve all of its Property which is used or materially useful in its business in good working order and condition (ordinary wear and tear excepted) and make all necessary repairs thereto and renewals and replacements thereof.

Appears in 7 contracts

Samples: Securities Purchase Agreement (MedMen Enterprises, Inc.), Securities Purchase Agreement (MedMen Enterprises, Inc.), Securities Purchase Agreement (MedMen Enterprises, Inc.)

Maintenance of Property. Each Credit Party shall maintainshall, and shall cause each of its Subsidiaries to, maintain their owned, leased, or operated Property material to maintain, and preserve all its Property which is used or useful in its business in good working order condition and conditionrepair, ordinary normal wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effectas caused by any Casualty Events.

Appears in 6 contracts

Samples: Credit Agreement (Jagged Peak Energy Inc.), Credit Agreement (Jagged Peak Energy Inc.), Credit Agreement (Jagged Peak Energy Inc.)

Maintenance of Property. Each Credit Party shall maintainshall, and shall cause each of its Significant Subsidiaries to maintainto, maintain and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where excepted, in such Credit Party’s reasonable judgment the failure to do so non-maintenance or non-preservation of which would not reasonably be expected to have, either individually or in the aggregate, have a Material Adverse Effect; provided that nothing in this Section shall require the making of any repair or replacement of or to any particular Property that would not be required in the exercise of sound business judgment.

Appears in 5 contracts

Samples: Four Year Credit Agreement (SAIC, Inc.), Five Year Credit Agreement (Science Applications International Corp), Credit Agreement (Science Applications International Corp)

Maintenance of Property. Each Credit Party shall maintain, and shall cause each of its Subsidiaries to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

Appears in 5 contracts

Samples: Credit Agreement (Metropolitan Health Networks Inc), Credit Agreement (Metropolitan Health Networks Inc), Credit Agreement (Banctec Inc)

Maintenance of Property. Each Credit Party shall maintain, and shall cause each of its Restricted Subsidiaries to maintain, and preserve all its material tangible Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted tear, casualty and condemnation excepted, and shall make all necessary repairs thereto and renewals and replacements thereof thereof, except where the failure to do so would could not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

Appears in 5 contracts

Samples: Credit Agreement (SelectQuote, Inc.), Credit Agreement (SelectQuote, Inc.), Credit Agreement (SelectQuote, Inc.)

Maintenance of Property. Each Credit Party shall maintainwill, and shall will cause each of its Subsidiaries to maintainConsolidated Party to, maintain and preserve all its Property which is used or useful in properties and equipment material to the conduct of its business in good repair, working order and condition, ordinary normal wear and tear excepted and shall make casualty and condemnation excepted, and will make, or cause to be made, in such properties and equipment from time to time all necessary repairs repairs, renewals, replacements, extensions, additions, betterments and improvements thereto as may be needed or proper, to the extent and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effectmanner customary for companies in similar businesses.

Appears in 4 contracts

Samples: Credit Agreement (Airgas Inc), Credit Agreement (Airgas Northern California & Nevada Inc), Credit Agreement (Airgas Carbonic Inc)

Maintenance of Property. Each Credit Party shall maintainshall, and shall cause each Subsidiary of a Credit Party to, maintain all of its Subsidiaries to maintain, Properties and preserve all its Property which is used or useful in assets necessary for the conduct of its business in good condition, repair and working order and conditionorder, ordinary wear and tear excepted and shall make all necessary repairs thereto subject to damage and renewals and replacements thereof except where the failure destruction due to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effectcasualty events.

Appears in 4 contracts

Samples: Credit Agreement (Capitalsource Inc), Credit Agreement (Capitalsource Inc), Credit Agreement (Capitalsource Inc)

Maintenance of Property. Each Such Credit Party shall maintain, and shall cause each of its Subsidiaries to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect, or as otherwise permitted under this Agreement.

Appears in 4 contracts

Samples: Credit Agreement (International Textile Group Inc), Credit Agreement (International Textile Group Inc), Credit Agreement (International Textile Group Inc)

Maintenance of Property. Each Credit Party shall shall, except as otherwise permitted by this Agreement, maintain, and shall cause each of its Subsidiaries to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, have a Material Adverse Effect.

Appears in 4 contracts

Samples: Credit Agreement (Rimini Street, Inc.), Credit Agreement (Rimini Street, Inc.), Credit Agreement (Rimini Street, Inc.)

Maintenance of Property. Each Credit Party shall shall, except as otherwise permitted by this Agreement, maintain, and shall cause each of its Restricted Subsidiaries to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

Appears in 4 contracts

Samples: Credit Agreement (Addus HomeCare Corp), Credit Agreement (Addus HomeCare Corp), Credit Agreement (Addus HomeCare Corp)

Maintenance of Property. Each Credit Party shall maintainshall, and shall cause each of its Subsidiaries to maintainto, maintain and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

Appears in 4 contracts

Samples: Credit Agreement (Jakks Pacific Inc), Term Loan Agreement (Jakks Pacific Inc), Credit Agreement (Jakks Pacific Inc)

Maintenance of Property. Each Credit Party shall maintainagrees to keep, and shall to cause each of its Subsidiaries to maintainkeep, all property useful and preserve all necessary to its Property which is used or useful in its business respective businesses in good working order and condition, condition (ordinary wear and tear excepted and shall make all necessary repairs thereto accidental casualty excepted) in accordance with their past operating practices and renewals and replacements thereof except where the failure not to do so would not reasonably be expected commit or suffer any waste with respect to have, either individually or in the aggregate, a Material Adverse Effectany of its properties.

Appears in 3 contracts

Samples: Credit Agreement (Brookside Technology Holdings, Corp.), Credit Agreement (Brookside Technology Holdings, Corp.), Credit Agreement (Capital Growth Systems Inc /Fl/)

Maintenance of Property. Each Credit Party shall maintain, and shall cause each of its Subsidiaries to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear tear, casualty and condemnation excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Truck Hero, Inc.), Credit Agreement (Truck Hero, Inc.), Credit Agreement (TA THI Parent, Inc.)

Maintenance of Property. Each Credit Party shall maintainwill, and shall will cause each of its Restricted Subsidiaries to, use commercially reasonable efforts to maintain, keep all property useful and preserve all necessary to its Property which is used or useful in its respective business in good working order and condition, condition (ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof excepted) in accordance with their past operating practices except where for such property not material to the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effectconduct of such Credit Party’s business.

Appears in 3 contracts

Samples: Credit Agreement (TransMontaigne Partners L.P.), Credit Agreement (TransMontaigne Partners L.P.), Pledge Agreement (Transmontaigne Inc)

Maintenance of Property. Each Credit Party shall maintain, and shall cause each of its Subsidiaries to maintain, and preserve all of its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Radioshack Corp), Credit Agreement (Radioshack Corp), Credit Agreement (Radioshack Corp)

Maintenance of Property. Each Credit Party shall maintainshall, and shall cause each Subsidiary of a Credit Party to, maintain all of its Subsidiaries to maintain, Properties and preserve all its Property which is used or useful in assets necessary for the conduct of its business in good condition, repair and working order and conditionorder, ordinary wear and tear excepted and subject to damage and destruction due to casualty events. Each Credit Party shall make keep all necessary repairs thereto of its assets free and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effectclear of all Liens (other than Permitted Liens).

Appears in 3 contracts

Samples: Credit Agreement (Capitalsource Inc), Credit Agreement (Capitalsource Inc), Credit Agreement (Capitalsource Inc)

Maintenance of Property. Each Such Credit Party shall maintain, and shall cause each of its Subsidiaries Subsidiary to maintain, and preserve all its Property property which is used or useful in material to its business in good working order and condition, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effectexcepted.

Appears in 3 contracts

Samples: Credit Agreement (Gentle Dental Service Corp), Credit Agreement (Gentle Dental Service Corp), Credit Agreement (Gentle Dental Service Corp)

Maintenance of Property. Each Credit Party shall maintainwill, and shall will cause each of its Subsidiaries to maintain, and preserve keep all its Property which is used properties useful or useful in its necessary to such Credit Party’s or any Subsidiary’s business in good working order repair and condition, ordinary wear and tear excepted and shall from time to time make all necessary repairs thereto and repairs, renewals and replacements thereof thereto so that such properties shall be fully and efficiently preserved and maintained, except where the failure to do so would could not reasonably be expected to haveexpected, either individually or in the aggregate, to have a Material Adverse Effect.

Appears in 3 contracts

Samples: Credit Agreement (Cree, Inc.), Credit Agreement (Cree Inc), Credit Agreement (Cree Inc)

Maintenance of Property. Each Credit Party shall maintain, and shall cause each of its Subsidiaries to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effectthereof.

Appears in 3 contracts

Samples: Credit Agreement (IMAC Holdings, Inc.), Credit Agreement, Credit Agreement (FTE Networks, Inc.)

Maintenance of Property. Each Credit Party shall maintainshall, and shall cause each of its Subsidiaries to to, maintain, preserve and preserve protect (or caused to be maintained, preserved and protected) all of its Property which is used or useful Unencumbered Properties and all other material property and equipment necessary in the operation of its business in good working order and condition, in each case, in a manner consistent with how such Person maintained its Unencumbered Properties and other material property on the Closing Date, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.excepted. 6.09

Appears in 2 contracts

Samples: Credit Agreement (American Healthcare REIT, Inc.), Credit Agreement (Griffin-American Healthcare REIT III, Inc.)

Maintenance of Property. Each Credit Party shall maintainshall, and shall cause each of its Subsidiaries to maintainSubsidiary to, maintain and preserve all of its Property which is used or useful in its business in good working order and condition, condition (ordinary wear and tear excepted excepted) and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effectthereof.

Appears in 2 contracts

Samples: Debenture Purchase Agreement (Red White & Bloom Brands Inc.), Debenture Purchase Agreement

Maintenance of Property. Each Credit Party shall maintain, and shall cause each of its Subsidiaries to maintain, and preserve all its material tangible Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted tear, casualty and condemnation excepted, and shall make all necessary repairs thereto and renewals and replacements thereof thereof, except where the failure to do so would could not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (SelectQuote, Inc.), Credit Agreement (SelectQuote, Inc.)

Maintenance of Property. Each Credit Party shall maintainwill, and shall will cause each of its Subsidiaries to maintainthe Consolidated Parties to, maintain and preserve all its Property which is used or useful in properties and equipment material to the conduct of its business in good repair, working order and condition, ordinary normal wear and tear excepted and shall make Involuntary Dispositions excepted, and will make, or cause to be made, in such properties and equipment from time to time all necessary repairs repairs, renewals, replacements, extensions, additions, betterments and improvements thereto as may be needed or proper, to the extent and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effectmanner customary for companies in similar businesses.

Appears in 2 contracts

Samples: Credit Agreement (Healthtronics Surgical Services Inc), Credit Agreement (Healthtronics Surgical Services Inc)

Maintenance of Property. Each Credit Party shall maintain, and shall cause each of its Subsidiaries to maintain, will maintain and preserve all its Property which is used or useful in properties and equipment material to the conduct of its business in good repair, working order and condition, ordinary normal wear and tear excepted and shall make casualty and condemnation excepted, and will make, or cause to be made, in such properties and equipment from time to time all necessary repairs repairs, renewals, replacements, extensions, additions, betterments and improvements thereto as may be needed or proper, to the extent and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effectmanner customary for companies in similar businesses.

Appears in 2 contracts

Samples: Credit Agreement (Vestar Sheridan Inc), Credit Agreement (Resortquest International Inc)

Maintenance of Property. Each Credit Party shall maintainwill, and shall will cause each of its Subsidiaries to maintainto, maintain and preserve all its Property which is used or useful in properties and equipment material to the conduct of its business in good repair, working order and condition, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof condition except where the failure to do so would could not reasonably be expected to have, either individually or in the aggregate, have a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Snyder Communications Inc), Credit Agreement (Ventiv Health Inc)

Maintenance of Property. Each Credit Party shall maintain, and shall cause each of its Subsidiaries to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof thereof, except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

Appears in 2 contracts

Samples: Credit Agreement (Evraz North America PLC), Credit Agreement (Evraz North America LTD)

Maintenance of Property. Each Credit Party shall maintainwill, and shall will cause each of its Subsidiaries to, use commercially reasonable efforts to maintain, keep all property useful and preserve all necessary to its Property which is used or useful in its respective business in good working order and condition, condition (ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof excepted) in accordance with their past operating practices except where for such property not material to the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effectconduct of such Credit Party's business.

Appears in 2 contracts

Samples: Pledge Agreement (TransMontaigne Partners L.P.), Transmontaigne Inc

Maintenance of Property. Each Credit Party shall maintain, and shall cause each of its Subsidiaries to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would could not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

Appears in 2 contracts

Samples: Term Loan Agreement (Talbots Inc), Credit Agreement (Talbots Inc)

Maintenance of Property. Each Credit Party shall maintain, and shall cause each of its Subsidiaries Except to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the extent that failure to do so would could not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect, each Credit Party shall, in the Ordinary Course of Business, maintain and preserve all of its Property constituting Collateral which is used or materially useful in its business in good working order and condition (ordinary wear and tear excepted) and make all necessary repairs thereto and renewals and replacements thereof.

Appears in 2 contracts

Samples: Securities Purchase Agreement (Tilray, Inc.), Securities Purchase Agreement (MedMen Enterprises, Inc.)

Maintenance of Property. Each Credit Party shall maintain, and shall cause each of its Subsidiaries to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and subject to casualty and condemnation losses, and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect. This Section 4.5 shall not apply to Intellectual Property, which is exclusively addressed in Section 4.4.

Appears in 1 contract

Samples: Credit Agreement (WII Components, Inc.)

Maintenance of Property. Each Credit Party shall maintain, and shall cause each of its Subsidiaries to maintain, and preserve all its Property property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted excepted, and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effectthereof.

Appears in 1 contract

Samples: Multicurrency Credit Agreement (Kf-Delaware Inc)

Maintenance of Property. Each Except as otherwise agreed by Agent as instructed by the Required Lenders, each Credit Party shall maintain, and shall cause each of its Subsidiaries to maintain, and preserve all of its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

Appears in 1 contract

Samples: Possession Credit Agreement (Radioshack Corp)

Maintenance of Property. Each Credit Party shall maintainshall, and shall cause each of its the Borrower’s Subsidiaries to maintainto, maintain and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effectthereof.

Appears in 1 contract

Samples: Credit Agreement (Ute Energy Upstream Holdings LLC)

Maintenance of Property. Each Credit Party shall maintainwill keep, and shall will cause each of its Subsidiaries Subsidiary to maintainkeep, and preserve all its Property which is used or useful property necessary in its business in good working order and condition, condition (ordinary wear and tear excepted tear, casualty and shall make all necessary repairs thereto and renewals and replacements thereof condemnation excepted), except where to the extent the failure to do so would has not resulted in, or could not reasonably be expected to haveexpected, either individually or in the aggregate, to result in a Material Adverse Effect.

Appears in 1 contract

Samples: Securities Purchase Agreement (Faraday Future Intelligent Electric Inc.)

Maintenance of Property. Each Credit Party shall maintainwill, and shall will cause each of its Subsidiaries to, keep all property useful and necessary to maintain, and preserve all its Property which is used or useful in its respective business in good working order and condition, condition (ordinary wear and tear excepted excepted) in accordance with their past operating practices and shall make all necessary repairs thereto and renewals and replacements thereof not to commit or suffer any waste with respect to any of its properties, except where the failure to do so would not reasonably be expected to have, for properties which either individually or in the aggregate, a Material Adverse Effectaggregate are not material.

Appears in 1 contract

Samples: Credit Agreement (Coleman Cable, Inc.)

Maintenance of Property. Each Credit Party shall maintain, and shall cause each of its Subsidiaries Subsidiary to maintain, and preserve all its Property property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would could not reasonably be expected to have, either individually or in the aggregate, have a Material Adverse Effect, and except as permitted by Section 8.02.

Appears in 1 contract

Samples: Credit Agreement (Crimson Wine Group, LTD)

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Maintenance of Property. Each Credit Party shall maintainshall, and shall cause each of its Significant Subsidiaries to maintainto, maintain and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where excepted, in such Credit Party's reasonable judgment the failure to do so non-maintenance or non-preservation of which would not reasonably be expected to have, either individually or in the aggregate, have a Material Adverse Effect; provided that nothing in this Section shall require the making of any repair or replacement of or to any particular Property that would not be required in the exercise of sound business judgment.

Appears in 1 contract

Samples: Credit Agreement (Science Applications International Corp)

Maintenance of Property. Each Credit Party shall maintain, and shall cause each of its Domestic Material Subsidiaries to maintain, and preserve all of its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would could not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Eplus Inc)

Maintenance of Property. Each Credit Party shall maintainwill, and shall will cause each of its Subsidiaries to, use commercially reasonable efforts to maintain, keep all property useful and preserve all necessary to its Property which is used or useful in its respective business in good working order and condition, condition (ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof excepted) in accordance with their past operating practices except where for such property not material to the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effectconduct of such Credit Party’s business.

Appears in 1 contract

Samples: Credit Agreement (TransMontaigne Partners L.P.)

Maintenance of Property. Each Credit Party shall maintain, and shall cause each of its Subsidiaries to maintain, and preserve all its Property which is used or useful is necessary in the conduct of its business in good working order and condition, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse EffectEffect and except in connection with transactions permitted by Section 5.2 or Section 5.3.

Appears in 1 contract

Samples: Credit Agreement (Constar International Inc)

Maintenance of Property. Each Credit Party shall maintain, and shall cause each of its Subsidiaries to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear and casualty excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Unisys Corp)

Maintenance of Property. Each Credit Party shall maintain, and shall cause each of its Restricted Subsidiaries to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted excepted, and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Axiall Corp/De/)

Maintenance of Property. Each Credit Party shall maintain, and ----------------------- shall cause each of its Subsidiaries to maintain, and preserve all its Property property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted excepted, and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effectthereof.

Appears in 1 contract

Samples: Credit Agreement (Impac Group Inc /De/)

Maintenance of Property. Each Credit Party shall maintain, and shall cause each of its Domestic Subsidiaries to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear and casualty and condemnation events excepted and shall make all necessary repairs thereto and renewals and replacements thereof except except, in each case, where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (NxStage Medical, Inc.)

Maintenance of Property. Each Credit Party shall maintain, and shall cause each of its Subsidiaries to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Tembec Industries Inc)

Maintenance of Property. Each Credit Party shall shall, except as otherwise permitted by this Agreement, maintain, and shall cause each of its Subsidiaries to maintain, and preserve all its Property which is used or useful in necessary to the normal conduct of its business in good working order and condition, ordinary wear and tear excepted and damage by casualty excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Iteris, Inc.)

Maintenance of Property. Each Credit Party shall maintainagrees to keep, and shall ----------------------- to cause each of its Subsidiaries to maintainkeep, all property useful and preserve all its Property which is used or useful in its business necessary to their respective businesses in good working order and condition, condition (ordinary wear and tear excepted excepted) in accordance with their past operating practices and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure not to do so would not reasonably be expected commit or suffer any waste with respect to have, either individually or in the aggregate, a Material Adverse Effectany of their properties.

Appears in 1 contract

Samples: Credit Agreement (Rental Service Corp)

Maintenance of Property. Each Credit Party shall maintain, and shall cause each of its Subsidiaries Subsidiary to maintain, and preserve all its Property personal property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effectthereof.

Appears in 1 contract

Samples: Credit Agreement (Royal Hawaiian Orchards, L.P.)

Maintenance of Property. Each Credit Party shall maintainshall, and shall cause each of its Subsidiaries to to, maintain, preserve and preserve protect (or caused to be maintained, preserved and protected) all of its Property which is used or useful Borrowing Base Properties and all other material property and equipment necessary in the operation of its business in good working order and condition, in each case, in a manner consistent with how such Person maintained its Borrowing Base Properties and other material property on the Closing Date, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effectexcepted.

Appears in 1 contract

Samples: Credit Agreement (Griffin-American Healthcare REIT II, Inc.)

Maintenance of Property. Each Credit Party shall maintain, and shall cause each of its Subsidiaries to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and shall make all necessary repairs thereto and repairs, renewals and replacements thereof thereof, and additions, betterments, and improvements thereto, except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

Appears in 1 contract

Samples: Note and Warrant Purchase Agreement (Volcano CORP)

Maintenance of Property. Each Credit Party shall maintain, and shall cause each of its Subsidiaries to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted excepted, and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect; provided that nothing in this Section 4.5 shall prevent sales of property, consolidations or mergers in accordance with Sections 5.2 and 5.3.

Appears in 1 contract

Samples: Credit Agreement (Affymetrix Inc)

Maintenance of Property. Each Credit Party shall maintainshall, and shall cause each of its Subsidiaries to to, maintain, preserve and preserve protect (or caused to be maintained, preserved and protected) all of its Property which is used or useful Unencumbered Properties and all other material property and equipment necessary in the operation of its business in good working order and condition, in each case, in a manner consistent with how such Person maintained its Unencumbered Properties and other material property on the Closing Date, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.excepted. CHAR1\1461780v16

Appears in 1 contract

Samples: Credit Agreement (Griffin-American Healthcare REIT IV, Inc.)

Maintenance of Property. Each Credit Party shall shall, except as otherwise not prohibited under the Loan Documents, maintain, and shall cause each of its Subsidiaries to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear tear, casualty and condemnation excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect. 5.6.

Appears in 1 contract

Samples: Credit Agreement (Phreesia, Inc.)

Maintenance of Property. Each Credit Party shall maintain, and shall cause each maintain all of its Subsidiaries to maintain, material properties (business and preserve all its Property which is used or useful in its business otherwise) in good working order condition and condition, repair (ordinary wear and tear excepted excepted) and shall make pay and discharge all necessary repairs costs of repair and maintenance thereof and all rental and mortgage payments and related charges pertaining thereto and renewals and replacements thereof except where the failure not commit or permit any waste with respect to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effectany of its material properties.

Appears in 1 contract

Samples: Revolving Credit Agreement (Pemstar Inc)

Maintenance of Property. Each Credit Party shall maintain, and shall cause each of its Subsidiaries to maintain, and preserve all its material Real Property and personal property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and shall make all necessary repairs thereto Table of Contents and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Thermadyne Australia Pty Ltd.)

Maintenance of Property. Each Credit Party shall maintain, and shall cause each of its Subsidiaries to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where as permitted by Section 5.2. Further, the failure Credit Parties and their Subsidiaries shall maintain, or maintain the right to do so would not use, all of the Intellectual Property, licenses, permits and other authorizations that are reasonably be expected to havenecessary for the operation of their respective businesses, either individually or in without conflict with the aggregate, a Material Adverse Effectrights of any other Person.

Appears in 1 contract

Samples: Term Loan Agreement (Numerex Corp /Pa/)

Maintenance of Property. Each Credit Party shall shall, except as otherwise permitted by this Agreement, maintain, and shall cause each of its Subsidiaries to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Legacy Housing Corp)

Maintenance of Property. Each Credit Party shall maintain, and shall cause each of its Subsidiaries to maintain, and preserve all its tangible Property which is used or useful in its business in good working order and condition, ordinary wear and tear tear, casualty and condemnation except in connection with transactions permitted by Sections 5.2 and 5.3 excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Ignite Restaurant Group, Inc.)

Maintenance of Property. Each Credit Party shall maintain, and shall cause each of its Subsidiaries to maintain, and preserve all its Property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted excepted, and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effectthereof.

Appears in 1 contract

Samples: Financing Agreement (Titanium Metals Corp)

Maintenance of Property. Each Credit Party shall maintainagrees to keep, ----------------------- and shall to cause each of its Subsidiaries to maintainkeep, all property useful and preserve all its Property which is used or useful in its business necessary to their respective businesses in good working order and condition, condition (ordinary wear and tear excepted excepted) in accordance with their past operating practices and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure not to do so would not reasonably be expected commit or suffer any waste with respect to have, either individually or in the aggregate, a Material Adverse Effectany of their properties.

Appears in 1 contract

Samples: Credit Agreement (Rental Service Corp)

Maintenance of Property. Each Credit Party shall maintain, and shall cause each of its Subsidiaries to maintain, and preserve all its material Real Property and personal property which is used or useful in its business in good working order and condition, ordinary wear and tear excepted and shall make all necessary repairs thereto and renewals and replacements thereof except where the failure to do so would not reasonably be expected to have, either individually or in the aggregate, a Material Adverse Effect.

Appears in 1 contract

Samples: Credit Agreement (Victor Technologies Group, Inc.)

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