Common use of Equipment Covenants Clause in Contracts

Equipment Covenants. With respect to the Equipment: (a) Borrowers shall keep the Equipment in good order, repair, running and marketable condition (ordinary wear and tear excepted); (b) Borrowers shall use the Equipment with all reasonable care and caution and in accordance with applicable standards of any insurance and in conformity with all applicable laws; (c) the Equipment is and shall be used in Borrowers' business and not for personal, family, household or farming use; (d) no Borrower shall remove any Equipment from the locations set forth or permitted herein, except to the extent necessary to have any Equipment repaired or maintained in the ordinary course of the business of such Borrower or to move Equipment directly from one location set forth or permitted herein to another such location and except for the movement of motor vehicles used by or for the benefit of such Borrower in the ordinary course of business; (e) the Equipment is now and shall remain personal property and Borrowers shall not permit any of the Equipment to be or become a part of or a permanent fixture to real property; and (f) each Borrower assumes all responsibility and liability arising from its use of the Equipment.

Equipment Covenants. With respect to the Equipment: (a) Borrowers Borrower shall ------------------- keep the Equipment in good order, repair, running and marketable condition (ordinary wear and tear excepted); (b) Borrowers Borrower shall use the Equipment with all reasonable care and caution and in accordance with applicable standards of any insurance and in conformity with all applicable laws; (c) the Equipment is and shall be used in Borrowers' Borrower's business and not for personal, family, household or farming use; (d) no Borrower shall not remove any Equipment from the locations set forth or permitted herein, except to the extent necessary to have any Equipment repaired or maintained in the ordinary course of the business of such Borrower or to move Equipment directly from one location set forth or permitted herein to another such location and except for the movement of motor vehicles used by or for the benefit of such Borrower in the ordinary course of business; (e) the Equipment is now and shall remain personal property and Borrowers Borrower shall not permit any of the Equipment to be or become a part of or a permanent fixture affixed to real property; and (f) each Borrower assumes all responsibility and liability arising from its the use of the Equipment.

Equipment Covenants. With respect to the Equipment: (a) Borrowers upon Lender's request, Borrower shall, at its expense, at any time or times as Lender may request on or after an Event of Default, deliver or cause to be delivered to Lender written reports as to the Equipment in form, scope and methodology acceptable to Lender; (b) Borrower shall keep the Equipment in good order, repair, running and marketable condition (ordinary wear and tear excepted); (bc) Borrowers Borrower shall use the Equipment with all reasonable care and caution and in accordance with applicable standards of any insurance and in conformity with all applicable laws; (cd) the Equipment is and shall be used in Borrowers' Borrower's business and not for personal, family, household or farming use; (de) no Borrower shall not remove any Equipment from the locations set forth or permitted herein, except to the extent necessary to have any Equipment repaired or maintained in the ordinary course of the business of such Borrower or to move Equipment directly from one such location set forth or permitted herein to another such location and except for the movement of motor vehicles used by or for the benefit of such Borrower in the ordinary course of business; (ef) the Equipment is now and shall remain personal property and Borrowers Borrower shall not permit any of the Equipment to be or become a part of or a permanent fixture affixed to real property; and (fg) each Borrower assumes all responsibility and liability arising from its the use of the Equipment.

Equipment Covenants. With respect to the EquipmentEquipment and Real Property: (a) Borrowers Borrower shall keep the Equipment in good order, repair, running and marketable condition (ordinary wear and tear excepted); (b) Borrowers Borrower shall use the Equipment with all reasonable care and caution and in accordance with applicable standards of any insurance and in conformity with all applicable laws; (c) the Equipment is and shall be used in Borrowers' Borrower's business and not for personal, family, household or farming use; (d) no Borrower shall not remove any Equipment from the locations set forth or on permitted herein, except to the extent necessary to have any Equipment repaired or maintained in the ordinary course of the business of such Borrower or to move Equipment directly from one location set forth or permitted herein to another such location and except for the movement of motor vehicles used by or for the benefit of such Borrower in the ordinary course of business; (e) the Equipment is now and shall remain personal property and Borrowers Borrower shall not permit any of the Equipment to be or become a part of or a permanent fixture affixed to real property; and (f) each Borrower assumes all responsibility and liability arising from its the use of the Equipment.

Equipment Covenants. With respect to the Equipment: (a) Borrowers Guarantor ------------------- shall keep the Equipment in good order, repair, running and marketable condition (ordinary wear and tear excepted); (b) Borrowers Guarantor shall use the Equipment with all reasonable care and caution and in accordance with applicable standards of any insurance and in conformity with all applicable laws; (c) the Equipment is and shall be used in Borrowers' Guarantor's business and not for personal, family, household or farming use; (d) no Borrower Guarantor shall not remove any Equipment from the locations set forth or permitted herein, except to the extent necessary to have any Equipment repaired or maintained in the ordinary course of the business of such Borrower Guarantor or to move Equipment directly from one location set forth or permitted herein to another such location and except for the movement of motor vehicles used by or for the benefit of such Borrower Guarantor in the ordinary course of business; (e) the Equipment is now and shall remain personal property and Borrowers Guarantor shall not permit any of the Equipment to be or become a part of or a permanent fixture affixed to real property; and (f) each Borrower Guarantor assumes all responsibility and liability arising from its the use of the Equipment.

Equipment Covenants. With respect to the Equipment: (a) Borrowers Borrower shall keep the Equipment in good order, repair, running and marketable condition (ordinary wear and tear excepted); (b) Borrowers Borrower shall use the Equipment with all reasonable care and caution and in accordance with applicable standards of any insurance and in conformity with all applicable laws; (c) the Equipment is and shall be used in Borrowers' Borrower's business and not for personal, family, household or farming use; (d) no Borrower shall not remove any Equipment from the locations set forth or permitted herein, except to the extent necessary to have any Equipment repaired or maintained in the ordinary course of the business of such Borrower or to move Equipment directly from one location set forth or permitted herein to another such location and except for the movement of motor vehicles used by or for the benefit of such Borrower in the ordinary course of business; (e) the Equipment is now and shall remain personal property and Borrowers Borrower shall not permit any of the Equipment to be or become a part of or a permanent fixture to real property; and (f) each Borrower assumes all responsibility and liability arising from its use of the Equipment.