Condition of Buildings and Collateral. All Collateral is to be used solely by the Borrower in connection with its business. The Borrower is to maintain the Collateral and they are to maintain their buildings, plants, improvements and structures in good condition, repair and in compliance with all zoning laws, ordinances, and regulations of governmental authorities having jurisdiction.
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Samples: Control Agreement (Media Sciences International Inc), Revolving Loan and Security Agreement (Integrated Biopharma Inc)
Condition of Buildings and Collateral. All Collateral is to be used solely by the Borrower in connection with its business. The Borrower is to maintain the Collateral and they are to maintain in all material respects their buildings, plants, improvements and structures in good condition, repair and in compliance with all zoning laws, ordinances, and regulations of governmental authorities having jurisdiction.
Appears in 1 contract
Samples: Revolving Loan and Security Agreement (Spar Group Inc)
Condition of Buildings and Collateral. All Collateral is to be used solely by the Borrower in connection with its business. The Borrower is to maintain the Collateral and they are Borrower is to maintain their its buildings, plants, improvements and structures in good condition, repair and in compliance with all zoning laws, ordinances, and regulations of governmental authorities having jurisdiction.
Appears in 1 contract
Samples: Revolving Loan and Security Agreement (K Tronik International Corp)
Condition of Buildings and Collateral. All Collateral is to be used solely by the Borrower in connection with its business. The Borrower is to maintain the Collateral and they are it is to maintain their the Property and all buildings, plants, improvements and structures thereon in good conditioncondition and repair, repair ordinary wear and tear excepted, and in compliance with all zoning laws, ordinances, and regulations of governmental authorities having jurisdiction.
Appears in 1 contract
