Common use of Maintenance Management Clause in Contracts

Maintenance Management. 1. Lessee shall at any time store the Property in a safe condition at its own risk and expense. 2. Lessee shall keep and maintain the Property in accordance with applicable laws and regulations at its own risk and expense, and shall keep, maintain and repair the Property in such manner as approved or recommended by the Property Manufacturer or supplier of the Property or at least in the same manner as those Lessee adopts for other properties of the same type it uses. Further, Lessee shall keep the Property at any time in the same condition as that as of the Delivery Date (except for normal wear). In any case, Lessee shall not take any action that may cause any material adverse effect on the warranties concerning the Property made by the Property Manufacturer. 3. Lessee shall prepare and keep various records concerning keeping, maintenance and repair of the Property, including daily keeping and maintenance report, at its own risk and expense. 4. For the purpose of keeping, maintenance and repair set forth in Section 14.2, Lessee may, at its own risk and expense, exchange the Parts with any replacement having the performance equivalent to Performances of the Parts that Lessee owns free of any Encumbrances (except for the Approved Encumbrances), or attach any component that Lessee owns free of any Encumbrances (except for the Approved Encumbrances) to the Property, not as an replacement for the Parts. However, Lessee shall not in any case implement any modification to the Property that may reasonably be expected to impair, or cause any material adverse effect on Performance of the Property. 5. In terms of components additionally attached to the Property not as a replacement for other Parts, or any Parts whose removal will not deteriorate Performances of the Property in any manner, Lessee may, at its own risk and expense, remove such components and Parts without attaching replacements for them to the Property, after the Property is delivered to Lessee.