Maintenance of Assets and Properties. Each of the Borrowers and each of the other Loan Parties shall maintain, preserve and protect all of its material assets and properties necessary in the operation of its business in good working order and condition, ordinary wear and tear excepted.
Maintenance of Assets and Properties. Sellers shall use reasonable efforts to cause the Company to keep the premises occupied by it and all of the equipment and other tangible assets and personal property of the Company and its Subsidiaries in substantially the same condition as on the date of this Agreement. Sellers shall assure that the Company does not remove any personal property from the Business unless same are replaced with similar items of at least equal quality prior to the Closing Date. Sellers shall assure that the Company does not sell or permit to be sold or otherwise transferred or disposed of any material item or group of items constituting personal property, except items sold in the Ordinary Course of Business. Sellers shall assure that the Company does not convey any ownership or leasehold interest in the Business.
Maintenance of Assets and Properties. Each Credit Party will keep all material assets and properties useful and necessary in its business in good working order and condition, ordinary wear and tear excepted, and will cause to be made all appropriate repairs, renewals and replacements thereof.
Maintenance of Assets and Properties. Each Loan Party will keep and maintain all assets and other property material to the conduct of its business in good working order and condition, ordinary wear and tear and casualty or condemnation excepted, except where the failure to do so would not reasonably be expected to have a Material Adverse Effect.
Maintenance of Assets and Properties. Each of Empress and each Subsidiary shall maintain all of its properties and assets in their present order and condition (including routine or necessary maintenance), subject to normal wear and tear and normal obsolescence and loss by casualty and the requirements of its business, and will maintain insurance upon all of its properties, assets and operations of the kind and in the amounts existing as of the date of this Agreement. Except for assets sold or disposed of in the ordinary course of business or as a result of a casualty, except as otherwise permitted herein, neither Empress nor any Subsidiary shall sell, transfer or otherwise dispose of any asset (other than Current Assets) without the prior written consent of the Buyers.
Maintenance of Assets and Properties. Joliet shall maintain all of its properties and assets in their present order and condition (including routine or necessary maintenance), subject to normal wear and tear and normal obsolescence and loss by casualty and the requirements of its business, and will maintain insurance upon all of its properties, assets and operations of the kind and in the amounts existing as of the date of this Agreement. Except for assets sold or disposed of in the ordinary course of business or as a result of a casualty and except as otherwise permitted herein, Joliet shall not sell, transfer or otherwise dispose of any assets without the prior written consent of the Buyers.
Maintenance of Assets and Properties. Borrower will maintain its material assets and properties (including material intellectual property) in good condition and repair.
Maintenance of Assets and Properties. Seller and each of its subsidiaries shall keep the premises occupied by them and all of the equipment and other tangible assets and personal property of Seller and its subsidiaries in good operating condition. Seller and its subsidiaries shall not remove any personal property from any facility of Seller or its subsidiaries unless same are replaced with similar items of at least equal quality prior to the Closing Date. Seller and its subsidiaries shall not permit any modifications or additions to and shall not sell or permit to be sold or otherwise transferred or disposed of any item or group of items constituting personal property, except items sold in the ordinary course of business. Seller and its subsidiaries shall not convey any interest in any of their assets or properties or subject any of their assets or properties, or any portion thereof, to any additional liens, encumbrances, or similar matters.
Maintenance of Assets and Properties. The Borrower shall maintain its assets and property, real, personal, and mixed, in good condition and repair, normal wear and tear excepted, and shall pay and discharge or cause to be paid and discharged when due, the cost of repairs to or maintenance of the same, and shall pay or cause to be paid all rental or mortgage payments due on any real estate used or owned by the Borrower.
Maintenance of Assets and Properties. Each of Seller and its subsidiaries shall keep the Purchased Assets in good operating condition and shall perform all necessary repairs and maintenance. Seller and its subsidiaries shall not permit any modifications or additions to and shall not sell or permit to be sold or otherwise transferred or disposed of any item or group of items constituting personal property, except items sold in the ordinary and usual course of business. Seller and its subsidiaries shall not convey any interest in any the Purchased Assets or subject any of the Purchased Assets, or any portion thereof, to any additional liens, encumbrances, or similar matters.
