Common use of Maintain Property Clause in Contracts

Maintain Property. Maintain, preserve, and protect all leases, franchises, and trade names and preserve all of its properties used or useful in the conduct of its business in a sound and prudent manner, keep the same in good repair, working order and condition, ordinary wear and tear excepted, and from time to time make, or cause to be made, all needed and proper repairs, renewals, replacements, betterments and improvements thereto so that the business carried on in connection therewith may be properly conducted at all times.

Appears in 14 contracts

Samples: Loan Agreement (CBL & Associates Properties Inc), Loan Agreement (CBL & Associates Properties Inc), Loan Agreement (CBL & Associates Properties Inc)

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Maintain Property. Maintain, preserve, and protect all leases, franchises, and trade names and preserve all of Maintain its properties used or useful in the conduct of its business in a sound and prudent manner, keep the same property in good repair, working order and conditionrepair and, ordinary wear and tear excepted, and from time to time maketime, or cause to be made, make all needed and proper repairs, renewals, replacements, betterments additions and improvements thereto thereto, so that the business carried on in connection therewith may be properly and advantageously conducted at all timestimes in accordance with prudent business management, and maintain annually adequate reserves for maintenance thereof.

Appears in 6 contracts

Samples: Loan Agreement (Touchstone Resources Usa, Inc.), Loan Agreement (International Travel Cd S Inc), Loan Agreement (Continential Southern Resources Inc)

Maintain Property. Maintain, preserve, and protect all leases, franchises, and trade names and preserve all the remainder of its properties used or useful in the conduct of its business substantially as conducted and operated during the present and preceding fiscal year; preserve all the remainder of its properties used or useful in a sound the conduct of its business and prudent manner, keep the same in good repair, working order and condition, ordinary wear and tear excepted, and from time to time make, or cause to be made, all needed and proper repairs, renewals, replacements, betterments and improvements thereto so that the business carried on in connection therewith may be properly conducted at all times.

Appears in 6 contracts

Samples: Loan Agreement (Universal Truckload Services, Inc.), Credit Agreement (LINC Logistics Co), Loan Agreement (Pam Transportation Services Inc)

Maintain Property. MaintainThe Company shall at all times maintain, preserve, preserve and protect all leases, franchises, and trade names and preserve keep all of its properties used or useful in the conduct of its business in a sound and prudent manner, keep the same Assets in good repair, working order and condition, ordinary normal wear and tear excepted, and shall from time to time maketime, or cause to be madeas the Company deems appropriate in its reasonable judgment, make all needed needful and proper repairs, renewals, replacements, betterments and improvements additions thereto so that the business carried on in connection therewith may be properly conducted at all timestimes the efficiency thereof shall be fully preserved and maintained.

Appears in 5 contracts

Samples: Securities Purchase Agreement (Meridian Waste Solutions, Inc.), Securities Purchase Agreement (Visualant Inc), Securities Purchase Agreement (MamaMancini's Holdings, Inc.)

Maintain Property. MaintainAt all times maintain, preserve, preserve and protect all leases, franchises, and trade names and preserve keep all of its properties used or useful in the conduct of its business in a sound and prudent manner, keep the same material Assets in good repair, working order and condition, ordinary normal wear and tear excepted, and shall from time to time maketime, or cause to be madeas the Company deems appropriate in its reasonable judgment, make all needed needful and proper repairs, renewals, replacements, betterments and improvements additions thereto so that the business carried on in connection therewith may be properly conducted at all timestimes the efficiency thereof shall be fully preserved and maintained.

Appears in 3 contracts

Samples: Securities Purchase Agreement (Crossroads Systems Inc), Securities Purchase Agreement (Crossroads Systems Inc), Securities Purchase Agreement (Crossroads Systems Inc)

Maintain Property. Maintain, preserve, and protect all leases, franchises, and trade names and preserve all the remainder of its properties Properties used or useful in the conduct of its business substantially as conducted and operated during the present and preceding fiscal year; preserve all the remainder of its Properties used or useful in a sound the conduct of its business and prudent manner, keep the same in good repair, working order and condition, ordinary wear and tear excepted, and from time to time make, or cause to be made, all needed and proper repairs, renewals, replacements, betterments and improvements thereto so that the business carried on in connection therewith may be properly conducted at all times.

Appears in 2 contracts

Samples: Revolving Loan Agreement (CNL Strategic Capital, LLC), Revolving Loan Agreement (Kempharm, Inc)

Maintain Property. Maintain, preserve, and protect all leases, franchises, and trade names and preserve all of Maintain its properties used or useful in the conduct of its business in a sound and prudent manner, keep the same property in good repair, working order and conditionrepair and, ordinary wear and tear excepted, and from time to time maketime, or cause to be made, make all needed and proper repairs, renewals, replacements, betterments additions and improvements thereto thereto, so that the business carried on in connection therewith may be properly and advantageously conducted at all times.times in accordance with prudent business management, and maintain annually adequate reserves for maintenance thereof. 12

Appears in 1 contract

Samples: Loan Agreement (Bepariko Biocom)

Maintain Property. Maintain, preserve, and protect all leases, franchises, and trade names and preserve all of its properties used or useful in the conduct of its business in a sound and prudent manner, keep the same in good repair, working order and condition, ordinary wear and tear excepted, and from time to time make, or cause to be made, all needed and proper repairs, renewals, replacements, betterments and improvements thereto so that the business carried on in connection therewith may be properly conducted at all times.. C SGE 450404 v7 2100000-C03120 5/14/2009

Appears in 1 contract

Samples: Loan Agreement (CBL & Associates Properties Inc)

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Maintain Property. MaintainTo maintain, preserve, preserve and protect all leases, franchises, and trade names and preserve keep all of its properties used or useful in the conduct of its business in a sound and prudent manner, keep the same material Assets in good repair, working order and condition, ordinary normal wear and tear excepted, and from time to time maketime, or cause to be madeas management deems appropriate in its reasonable judgment, make all needed needful and proper repairs, renewals, replacements, betterments and improvements additions thereto so that the business carried on in connection therewith may be properly conducted at all timestimes the efficiency thereof shall be fully preserved and maintained.

Appears in 1 contract

Samples: Securities Purchase Agreement (Industrial Services of America Inc /Fl)

Maintain Property. Maintain, preserve, and protect all leases, franchises, and trade names and preserve all of Maintain its properties used or useful in the conduct of its business in a sound and prudent manner, keep the same facilities in good repair, working order and conditionrepair and, ordinary wear and tear excepted, and from time to time maketime, or cause to be made, make all needed and proper repairs, renewals, replacements, betterments additions and improvements thereto thereto, so that the business carried on in connection therewith by it may be properly and advantageously conducted at all timestimes in accordance with prudent business management.

Appears in 1 contract

Samples: Loan Agreement (Unation, LLC)

Maintain Property. Maintain, preserve, and protect all leases, franchises, and trade names and preserve all of Maintain its properties used or useful in the conduct of its business in a sound and prudent manner, keep the same in good repair, working order and conditionrepair and, ordinary wear and tear excepted, and from time to time maketime, or cause to be made, make all needed needful and proper repairs, renewals, replacements, betterments additions and improvements thereto thereto, so that the business carried on in connection therewith may be properly and advantageously conducted at all timestimes in accordance with prudent business management.

Appears in 1 contract

Samples: Credit and Reimbursement Agreement (Leslie Building Products Inc)

Maintain Property. Maintain, preserve, and protect all leases, franchises, and trade names and preserve all of Maintain its properties used or useful in the conduct of its business in a sound and prudent manner, keep the same property in good repair, working order and conditionrepair and, ordinary wear and tear excepted, and ------------------ from time to time maketime, or cause to be made, make all needed and proper repairs, renewals, replacements, betterments additions and improvements thereto thereto, so that the business carried on in connection therewith may be properly and advantageously conducted at all timestimes in accordance with prudent business management, and maintain annually adequate reserves for maintenance thereof.

Appears in 1 contract

Samples: Loan Agreement (Trimedia Entertainment Group Inc)

Maintain Property. Maintain, preserve, and protect all leases, franchises, and trade names and preserve all of Maintain its properties used or useful in the conduct of its business in a sound and prudent manner, keep the same facilities in good repair, working order and condition, ordinary repair (normal wear and tear excepted) and, and from time to time maketime, or cause to be made, make all needed and proper repairs, renewals, replacements, betterments additions and improvements thereto thereto, so that the business carried on in connection therewith by them may be properly conducted at all timestimes in accordance with prudent business management.

Appears in 1 contract

Samples: Credit Agreement (Lai Worldwide Inc)

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