Common use of Assets and Property Clause in Contracts

Assets and Property. Borrower will maintain, keep, and preserve all of its assets (tangible and intangible) necessary or useful in the proper conduct of its business and operations in good working order and condition, ordinary wear and tear excepted.

Appears in 4 contracts

Samples: Credit Agreement (William Lyon Homes), Credit Agreement (William Lyon Homes), Credit Agreement (William Lyon Homes)

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Assets and Property. Borrower will maintain, keep, and preserve all of its assets (tangible preserve, or cause to be maintained, kept and intangible) necessary or useful in preserved, the proper conduct of its business and operations Collateral in good working order and condition, ordinary wear and tear excepted.

Appears in 4 contracts

Samples: Credit Agreement (Cole Credit Property Trust Iv, Inc.), Borrowing Base Revolving Line of Credit Agreement (Cole Real Estate Income Strategy (Daily Nav), Inc.), Borrowing Base Revolving Line of Credit Agreement (Cole Credit Property Trust Iv, Inc.)

Assets and Property. Borrower will maintain, keep, and preserve all of its assets and property (tangible and intangible) necessary or useful in the proper conduct of its business and operations in good working order and condition, ordinary wear and tear excepted.

Appears in 2 contracts

Samples: Amended And (Continental Homes Holding Corp), Loan Agreement (Employee Solutions Inc)

Assets and Property. Borrower will maintain, keep, and preserve all of its assets (tangible and intangible) necessary or useful customary in the proper conduct of its business and operations in good working order and condition, ordinary wear and tear excepted.

Appears in 2 contracts

Samples: Modification Agreement (Crescent Operating Inc), Credit Loan Agreement (Crescent Operating Inc)

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Assets and Property. Borrower will maintain, keep, and preserve all of its assets and property (tangible and intangible) comprising or relating to any Improvements necessary or useful in the proper conduct maintenance of its business and operations real property in good working order and condition, ordinary wear and tear excepted.

Appears in 1 contract

Samples: Master Credit Agreement (Presley Companies /De)

Assets and Property. Borrower will maintain, keep, and preserve all of its assets and property (tangible and intangible) (including, without limitation, the Project) necessary or useful in the proper conduct of its business and operations in good working order and condition, ordinary wear and tear excepted.

Appears in 1 contract

Samples: Agreement (Meritage Corp)

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