Common use of Maintenance and Insurance Clause in Contracts

Maintenance and Insurance. (a) The Borrower and each of its Subsidiaries shall maintain their properties in good repair, working order and condition as required for the normal conduct of their business.

Appears in 8 contracts

Samples: Credit Agreement (Mexican Restaurants Inc), Credit Agreement (Microfinancial Inc), Credit Agreement (Microfinancial Inc)

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Maintenance and Insurance. (a) The Each Borrower and each of its Subsidiaries shall maintain their properties in good repair, working order and condition as required for the normal conduct of their business.

Appears in 2 contracts

Samples: Credit Agreement (Microfinancial Inc), Credit Agreement (Microfinancial Inc)

Maintenance and Insurance. (a) The Each of the Borrower and each of its Material Subsidiaries shall maintain their its properties in good repair, working order and condition as required for the normal conduct of its business, and shall at all times maintain liability and casualty insurance with financially sound and reputable insurers in such amounts as the officers of the Borrower in the exercise of their businessreasonable judgment deem to be adequate.

Appears in 2 contracts

Samples: Revolving Credit Agreement (First Empire State Corp), Credit Agreement (Financial Institutions Inc)

Maintenance and Insurance. (a) The Borrower shall, and shall cause each of its Subsidiaries shall to, maintain their properties in good repair, working order and condition as required for the normal conduct of their business.

Appears in 1 contract

Samples: Loan Agreement (Fuelcell Energy Inc)

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Maintenance and Insurance. (a) The Borrower and each of its Subsidiaries Borrowers shall maintain their properties (including all Collateral) in good repair, working order and condition as required for the normal conduct of their business.

Appears in 1 contract

Samples: Credit Agreement (Goldendale Aluminum Co)

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