Common use of Leaseholds Clause in Contracts

Leaseholds. The Borrower will use commercially reasonable efforts to prevent the termination of, and to maintain in full force and effect, each leasehold of the Borrower or any Subsidiary on any property leased by such Person, which is reasonably necessary to the conduct of the business of the Borrower or Subsidiary, until its original or extended expiration date.

Appears in 2 contracts

Samples: Credit Agreement (Galaxy Gaming, Inc.), Credit Agreement (Galaxy Gaming, Inc.)

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Leaseholds. The Borrower will use commercially reasonable efforts to prevent the termination of, and to maintain in full force and effect, each leasehold of the Borrower or any Subsidiary on any property leased by such Person, which is reasonably necessary to the conduct of the business of the Borrower or Subsidiary, until its original or extended expiration dateReal Property.

Appears in 2 contracts

Samples: Credit Agreement (NGA Holdco, LLC), Second Lien Credit Agreement (NGA Holdco, LLC)

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Leaseholds. The Borrower will use commercially reasonable efforts to prevent the termination of, and to maintain in full force and effect, each leasehold of the Borrower or any Subsidiary on any of property leased by such Person, which is reasonably necessary to the conduct of the business of the Borrower or Subsidiary, until its original or extended expiration date.

Appears in 1 contract

Samples: Credit Agreement (Gaming Partners International CORP)

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